Please be aware that it is no longer possible for a lawyer to apply for an NIE number through a Power of Attorney. Due to recent changes in the Spanish law, people now need to apply for their NIE number personally, at the police station.
NIE numbers may also be applied for at any Spanish... Read more...
The Andalusia regional government has just introduced an increase on the Property Transfer Tax (ITP) and Stamp Duty (AJD), which is in force since 1st January 2012. From now on, Transfer Tax for resale property purchases will be calculated according to the following rate:
Any amount up to... Read more...
The new Spanish government has extended the 4% IVA (VAT) for brand new properties until the end of 2012. This way, brand new property buyers will keep on benefiting from a 4% reduction on their IVA (VAT). This reduction is only applicable to brand new properties from developers, not for resale... Read more...
When you have purchased a property in Spain, or you are the holder of any other assets in Spain, such as bank accounts, life insurance policies, shares or any other type of financial products, it is of key importance to grant a Will in Spain, which will avoid future formalities, complications and... Read more...
Reduction on vat from 8% to 4% for New Spanish Property until 31st December!
This is a big bonus to the construction industry and buyers of new properties.
It is only a short term measure but will offer good savings to purchasers wishing to invest in new property and will hopefully help to... Read more...
