BYE TO PLUSVALIA TAX? HOPEFULLY SOON
201709.28
0

BYE TO PLUSVALIA TAX? HOPEFULLY SOON

Perhaps I could start to explain this matter from the basics, avoiding legal terminology to make it easier to understand. When a property owner sells a property in Spain must pay a tax on the profit made when selling, this is the Capital Gains Tax (CGT). This tax is currently the 19% on the gain,…

CANCELLING MORTGAGES
201607.12
0

CANCELLING MORTGAGES

The process to follow is not the same in all countries. Perhaps it may be easier to explain it with an example. Lets put the case that you have a pending balance at our mortgage of 50.000,00 €. You then decide that you would like to payoff in one go. Then the first thing to…

NEW RENTAL LAW FOR HOLIDAY APARTMENTS
201603.09
0

NEW RENTAL LAW FOR HOLIDAY APARTMENTS

Dear readers, This new post is about  the Decree passed by the Government of the Autonomous Community of Andalusia on the 3rd February 2,016 about dwellings used with touristic purposes On the 3rd of February 2016 the Government of Andalusia passed a new Law that intends to provide legal rules for those properties that are regularly…

Legal Guarantees when purchasing new property in Spain
201602.02
0

Legal Guarantees when purchasing new property in Spain

First of all I would like to congratulate all pour blog’s readers in this New Year. From Criado & Kraus we send our best wishes for this challenging 2016. After a good number of years of virtually plain building activity in Spain, it’s now possible to see again a good number of cranes, a clear…

ABOUT LAND GRABS
201512.12
0

ABOUT LAND GRABS

Back in 2005 – 2008 many clients where worried about the articles describing land expropriation in Valencia then called “Land Grabs”. Still today in 2015 I have been able to witness during my participation at international real estate property shows like “A place in the Sun live”, how this fear still exists. Perhaps it’s not…

BACK TO MAIDEN NAME
201511.17
0

BACK TO MAIDEN NAME

In this post we will explain about one of those things that are quite different in Spain and that can cause doubts. I’m referring to the possibility to recover the maiden name once personal circumstances changes (divorce, decease, etc). Perhaps it may convenient to introduce the subject. In Spain wives do not take the family…

INHERITANCE TAX IN ANDALUSIA
201510.16
0

INHERITANCE TAX IN ANDALUSIA

At our last post we advanced that there are very interesting changes in the Spanish inheritance tax laws and that new advantages be available for Europeans. The advantages will depend on the autonomous region where the property to inherit was located. In Spain, the different regions have different tax laws including different types of benefits, its…

201501.21
0

NEW YEAR NEW RULES… WITH DISCOUNTS!

First of all I would like to congratulate to all our clients and readers of our blog for the new year so, happy new year! During the month of January I use to write all our clients to let them know the most important changes for the New Year. These changes are always introduced at…