As a resident in Spain you should complete the 720 form
As a resident in Spain you should complete the 720 form. This form IS ONLY A REPORT AND THER IS NO TAX TO PAY ON IT. HOWEVER NOT TO COMPLETE ON TIME HAS SERIOUS CONSEQUENCES. The report of assets abroad (720 form) for 2019 will commence next 1st January a...
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Important information regarding Brexit for UK citizens living or visiting Spain
Dear client, As you are aware, on March 30th 2019, the exit of the United Kingdom (UK) from the European Union (EU) will take place. Although on November 14th 2018, a Withdrawal Agreement between the UK and the EU was reached, ensuring that righ...
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Spanish department of traffic (DGT) guidelines on British driving licences after Brexit
The National Department of Traffic (DGT) has published instructions as to the exchange of driving licences related to UK citizens. If the UK leaves the EU with an agreement on the voluntary withdrawal of a Member State of the Union, all the...
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Unpaid bills on Spanish property
If you are buying a Spanish property then you must be careful to avoid becoming responsible for any unpaid bills remaining on the property you intend purchasing – a good example being IBI (the Council Tax that every owner has to pay every year). This we...
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Buying Spanish property on rustic land!
For years I have been trying to warn clients about buying Spanish property on rustic land. It is possible to do this but extreme caution needs to be exercised and you must ensure that the conveyancing is undertaken by a first class lawyer – and one pr...
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Spanish Congress passes historic law granting citizenship to Sephardic Jews
Spain’s Congress finally passed the much-anticipated Sephardic ancestry law, which will open the doors for thousands of people across the globe to obtain Spanish nationality if they can prove they are descendants of the Jewish community expelled from Sp...
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Beware The New Spain-UK Double Tax Treaty
A new Spain-UK Double Tax Treaty has come into force. The new treaty was signed in London in March 2013 by the ambassador of Spain and the Secretary of the British Treasury. It replaces the treaty signed in London on 21st October 1975. Many countries have...
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Power of attorney in Spain
A power of attorney is a mandate given in writing before a Spanish Notary Public and executed as a deed by the donor (person giving the power of attorney) in favour of a third party (attorney). The powers given may differ depending on the transaction or l...
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Spanish Bank repossessions on the Costa Blanca
Of course, there are some great Spanish bank repossessions on the Costa Blanca. Indeed, sometimes you can get a genuine bargain house that has a quality, price and location that would normally be considered outrageous However, not all Spanish bank reposse...
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Taxes in Spain
Cullera EU countries have signed fiscal agreements especially aimed at avoiding double taxation. These agreements enable the determination of a person’s residence for tax purposes when the legislation of the emigrant’s origin and destina...
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