spanish banks
March 13th, 2006
If you escape often to your second home in the Loire Valley or enjoy spending August sipping sherry at tapas bars off the Plaza Mayor, you might want to consider setting aside some euros ahead of time to finance your excursions. The tough part is working out the best ...
Continue reading Find a Good Home for Holiday Money
June 30th, 2006
Many property owners not resident in Tenerife, are unaware that they are required to present a tax return to the Hacienda. Normally the only tax payable will be based on the house or apartment, as the owner must declare a return in the country where they are resident, in respect ...
Continue reading Non-residents Responsibility to Hacienda
July 31st, 2006
New land laws aimed at cutting house prices in Spain will have the opposite effect, warn the country’s housebuilders.Spanish property developers are warning that proposed land laws will push up house prices by 10 per cent - not reduce them, as is the intention of the Spanish government.The law proposes ...
Continue reading New Laws Push Up Prices
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
November 20th, 2006
Buying property in Spain can still be daunting but the process can be made easier if advisers learn about the country and the systems in place. Spain remains the most popular destination for British people buying property overseas and British expatriates are now an important part of the Spanish property market, ...
Continue reading Quiero a Aprender
December 1st, 2006
From Ecuadorean nannies to Romanian builders, millions of immigrants to Spain are buying their first homes and buoying the country’s cooling house market. Spain’s immigrants have quadrupled to over four million since 2000, helping the country’s population grow as much in the last five years as in the previous 30. ...
Continue reading Immigrants Help Buoy Spanish Market
January 5th, 2007
This is not to be confused with other so-called leaseback systems already in existence in Spain which are, realistically, merely cheap imitations of the real thing. This leaseback opportunity offers investors significantly higher quality and the best terms within the leaseback world. The main attraction of the leaseback system is the ...
Continue reading Leaseback on the Costa del Sol
March 5th, 2007
You have scoured all the brochures, visited countless properties and you have at last found your dream home. You now think that the decision making process is almost over and all you have to decide is what colour to paint the walls and the style of furniture you want in ...
Continue reading Financing Your Spanish Property Purchase
August 7th, 2007
Spanish consortium signs contract to build new, larger international airport at Corvera. In many parts of Spain you’ll hear people state that an airport is going to be built. As property prices rise whenever a budget airline starts flying into a nearby airport, this can be of great interest to investors ...
Continue reading New Murcia Airport Contract Signed
October 24th, 2007
Lending in Spain’s financial and corporate sectors is grinding to a virtual standstill amid a climate of suspicion about which bank could be the “Spanish Northern Rock”. “Everything has basically stopped because banks are too fearful to lend to each other,” one banker said. “Everyone wants to know who has been ...
Continue reading Bank Lending Limbo
