Archives for September 2006
September 11th, 2006
Spain and France are still the top two for Brits buying abroad despite the rise of new markets, reports the industry body AIPP. In its first annual report on the international property market, the Association of International Property Professionals (AIPP) estimates that nearly 20 billion pounds (GBP) will be spent in ...
Continue reading Spain Still No. 1
September 6th, 2006
As the number of non-Spanish house-buyers rises in Spain, so does the offer of specialised services offered by Spanish banks competing to convert foreign residents and non-residents into clients. More and more banks employ people who can speak English, German, French, Dutch etc., especially in the areas most popular among foreign ...
Continue reading Spanish Banking Services for Foreign Residents
September 8th, 2006
With some television programmes tending to an over-glamourised view of life for Britons moving to the Mediterranean, a recent documentary highlighted a serious potential pitfall. ITV’s Sick in the Sun focused on the dilemma faced by expatriates in Spain who play by the book. These individuals take early retirement, register with ...
Continue reading Spanish practice could be a pitfall
September 1st, 2006
Fears of a Spanish property crash have increased, prompting a sell-off in real estate shares and fanning concerns that thousands of Britons will lose money. The sell-off was triggered by worries of rising bad debts and speculation that one large company had been buying its own properties to keep prices high. ...
Continue reading Spain hit by property crash fears
September 7th, 2006
Buy-to-let Britons are learning a painful lesson from their investment in the holiday rentals market, says Hugh Ash. Already reeling from news that their properties’ values are under threat, British homeowners in Spain are facing a double whammy that could plunge thousands into huge debt. A fresh crackdown by Spanish tourism ...
Continue reading Counting the Costa
September 7th, 2006
Spain has passed a new land law which will crack down on illegal building scandals which have hit hundreds of British expatriates. The law will force local councillors to declare any business links and incomes in case they are connected with property developers. It follows a succession of corruption scandals across ...
Continue reading Spain tackles building scandals
September 4th, 2006
If you move to Spain permanently for six months or more you will almost certainly become tax resident and be obliged to pay income, capital gains, and wealth taxes on your worldwide assets and be subject to Spanish inheritance and gifts tax rules. You will become tax resident in Spain under ...
Continue reading Tax Residency in Spain
September 8th, 2006
If you are non-resident in Spain, my advice for you is to have a Last Will & Testament made to distribute your Spanish assets in the event of your death. The Spanish Laws on Inheritance state that, on your death, your estate will be shared amongst the heirs according to ...
Continue reading Spanish Wills in Spain
September 4th, 2006
There’s a new ‘big-picture’ price guide available now - just download it from our Price Guide page. It’s a quick overview of which Spanish provinces are above and below the national average - conveniently arranged, side-by-side on a graph.This new format is really easy to understand and shows up ...
Continue reading New Price Report
September 8th, 2006
It’s barely 700 square kilometres contain incredible contrasts within an environment ideal for relaxation. Menorca, the small one, as the Romans called it, has been since prehistoric times a stepping stone for various cultures due to its strategic location in the western Mediterranean. As a result, several civilisations have left ...
Continue reading Menorca – Island of Winds
