What is “Casa Rural” – B&B in Valencian Region
“RURAL HOUSES” IN THE VALENCIAN COMMUNITY The activity of Rural Tourist Accommodation in the Valencian Community is regulated in DECREE 184/2014, of October 31, of the Consell, regulator of rural tourist accommodation within the Valencian Community . [2014/9987] . This decree regulates the following: What is meant by “Rural Tourist Accommodation”? The natural or legal […]
Do I need to set up a company in Spain for rental activity?
Many clients ask us, do I have to create a company in Spain to rent my property in Spain, or may I do it as Phisical/individuals? In response we have to say that it is NOT necessary to create a company in Spain to rent your home. You can do this in many ways: – […]
ANDALUSIA CAVES.- A NEW SECTOR OF TOURISM DEVELOPMENT
ANDALUSIA CAVES.- A NEW SECTOR OF TOURISM DEVELOPMENT Law to Promote the Sustainability of the Territory of Andalusia (LISTA), of December 1, 2021, establishes a new and revolutionary system by which the cave houses of Andalusia will be recognized as “house”, and they will be allowed to have all the privileges and benefits as a […]
BUYING PROPERTIES IN SPAIN USIGN USUFRUCT- A WAY TO SAVE SPANISH INHERITANCE TAX?
THE USE OF THE USUFRCUT TO REDUCE SPANISH INHERITANCE TAX It is very common to find ourselves in situations where it is advisable to study various financial possibilities in order to find the best tax formula when purchasing real estate. On many occasions we find that many of our clients ask us about the best […]
TAXATION AND TAXES TO PAY WITH CRYPTOCURRENCIES IN SPAIN
HOW ARE BITCOIN, ETHEREUM, RIPPLE, ETC. TAXED IN SPAIN? WHAT ARE THE OBLIGATIONS OF THE TAX REGULATIONS IN SPAIN IN THIS REGARD? .I HAVE BOUGHT CRYPTOCURRENCIES, DO I HAVE TO PAY TAXES? It depends on the tax: INCOME TAX For income tax purposes, the mere “possession” of cryptocurrencies does not imply that they must be […]
MASTERCLASS – HOW TO BUY PROPERTIES IN SPAIN – 1ST MARCH HOLLAND
We are delighted to collaborate with a wonderful recently created event that will help Dutch investors and buyers to buy properties in Spain. It is a specialized course in the training of all the legal, administrative, commercial, and fiscal aspects involved in buying a house in Spain. This course will be taught from March 1, […]
BUYING IN WAYS OF COOPERATIVES IN SPAIN – COMMUNITY OF OWNERS
What is a Cooperative for building? A housing cooperative is a group of individuals who have the intention to have a house. For this purpose, they group theirselves in a cooperative with the aim of: Controling the construction project Obtaining it at the lowest possible price Controlling the construction process and quality materials Buying in […]
CALCULATION OF SPANISH PLUSVALIA ON THE SALE OF PROPERTIES (UPDATED DECEMBER 2021)
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 […]
TOURIST LICENSE – CIVIL LIABILITY INSURANCE OBLIGATORY
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 […]
SPANISH TIE – RESIDENCE CARD FOR EU CITIZENS
RESIDENCY IN SPAIN FOR EU NATIONALS EU nationals when investing in Spanish properties may have different purposes for the investment. In some cases, investors just want a holiday home as second residence to stay some part of the time in Spain. In some other cases, Spanish investors take the decision to come to Spain for […]
