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20-30 % of Non resident tax declarations have errors or mistakes

A 2021 study by the Institute of Economic Studies (IEE) estimated that between 20% and 30% of the declarations of non-residents in Spain could contain errors. In 2022 Civitas Foundation report noted that fines on non-residents for tax non-compliance had increased considerably in recent years. Announcements from the Tax Agency:

Why is important hiring a tax professional to fill and to present Spanish tax declarations?

1. Expertise in Tax Law Tax professionals are well-versed in both federal and state tax laws. This knowledge is crucial for ensuring that your tax return is compliant with current regulations, helping to avoid legal issues or audits from the IRS or state tax agencies. 2. Maximizing Deductions and Credits

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2024. Increase of property rental profitability in Spain?

Increased profitability in rental of Spanish residential properties (apartments, villas, etc) During these last months, we have witnessed an increase in housing prices, derived from the lack of supply in the market, as well as inflation that has set the economic pace in recent times. Given this panorama, it is

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Abolished Tax Valencia Nov 2023 – Inheritance and Gift/Donation Tax

New law Valencia region 22nd Nov 2023. 99 % reduction on Inheritance and Donation tax On November 22, 2023 Valencian government approved a new law that will have a huge impact on the regulation of donation and inheritance tax in the Valencian Community (Castellón, Alicante, and Valencia). Click here to


  The cost of a lawyer’s fees to represent you in the purchase of property in Spain can vary depending on a number of factors, including: The experience and qualifications of the lawyer. The complexity of the transaction. The location of the property. In general, lawyer fees in Spain are

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Why USA citizens are moving to Costa del Sol for living?

During the recent years 2021, 2o22, and 2023, a high volume of USA citizens are changing their USA residence to Spain, being Costa del Sol one of the most popular destinations to reside. These are the main reasons: Lifestyle and Climate: The allure of the Costa del Sol lies in

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