Example on Calculation of Plusvalia
MODIFICATIONS OF THE TRLHL IN THE IIVTNU («MUNICIPAL PLUSVALIA») BY RDL 26/2021 (BOE 9/11/2021, IN FORCE SINCE 10/11/2021). Sales of properties in Spain are taxed with 2 taxes: – Capital Gains – Tax on the profit obtained from the acquisition and the sale of the property . This tax is paid to the Central Government […]
Insurance on Tourist rent activity
Recent normative requires for owners of properties for tourist license activity to obtain a Civil Liability Insurance to their properties. This insurance must cover exclusively accidents that guests may suffer during their stay. For example, a fall in the bathroom with creates personal injury in the guest. But, other damages caused by the guests to […]
How to execute UK Testament in Spain
In order to execute an UK Testament in Spain, you need to present the Testament to a UK notary in order to: Confirm that it was the last Testament made by the deceased, and obtain the UK GRANT OF PROBATE To appointing you as legal inheritor of the deceased’s assets Then, the notarial documents from […]
Marriage system – Differences when buying in Spain
It is the spouses themselves who have to opt for one of the three modalities in the matrimonial agreements. Community of assets is imposed in the event that the contracting parties have not opted for any, except in the case of the Valencian Community, the Balearic Islands o Catalonia, where the regime of separation of […]
