Business in Spain will never be the same again. That is good for a business who offer safety and security to their clients, bad for those who are only offering cheap and cheerful. What will business in Spain look like? The “New Normal”. We are entering week 14 now since it became clear that things are going to change in… Read more »
State of Alarm – This is no longer current information.
As at September 2020 this is out of date information. Tonight Pedro Sanchez announced that the State of Alarm has just been extended in Spain until May 24th. This is the fourth time it has been extended (remember that Spain is timing the State of Alarm in 2 week periods unlike other countries). What does the “State of Alarm” actually… Read more »
Moratorium on Rent for Businesses
Tenants of commercial premises have until the 23rd of May 2020 to request a moratorium on rent for businesses. This was approved by Royal Decree-Law 15/2020 to support the economy and employment of Spain during the State of Alarm. This Royal Decree-Law 15/2020 was quite a complicated one covering measures of all kinds. Including a moratorium of rent for businesses…. Read more »
Initiatives to help Small Businesses in Spain
Many small businesses in Spain are suffering from a short term cash flow crisis. The government is trying to help and has two new measures released this week. Loans for Small Businesses We spoke previously in a blog post about the 10-year loans at an interest rate of 0% for small to medium sized companies (small businesses and medium businesses)… Read more »
Assistance for the Self-Employed – Coronavirus
Assistance for the self-employed or autónomos is now available in Spain. The coronavirus pandemic has caused devastation amongst the workforce and businesses and self.employed people alike. The government published a decree on the 14th March ordering many businesses to close. There was then a further law on the 30th March which restricted many more workers. As at now (7.4.20), all… Read more »
Dismissals During Coronavirus
We are getting a huge amount of enquiries regarding dismissals during this stage of alarm due to Coronavirus. We can help both employers and employees depending on the issue. Dismissals Due to Coronavirus There are strict employment laws relating to dismissal in Spain. The law covers “force majeure”. This is when an event happens which is out of the control… Read more »
Illegal tourist properties – Valencian Government Inspections
Illegal tourist properties – the Valencian Government continues to fight against these. Such as, they are now carrying out inspections on considerable amounts of tourist homes. There will be many more in 2020. Please take action so that they do not visit yours. Local Police are also collaborating in the detection of illegal tourist houses and apartments that could be… Read more »
“Gota Fría” – Insurance Claim. Please share. Urgent.
This is just a quick post for all those affected by the terrible storms Thursday and Friday. You may have found out already that PROBABLY your home insurance IS NOT REALLY GOING TO COVER YOU. If this is the case, it is very important that you are aware and make others aware that the general Insurance Consortium (Consorcio de Seguros)… Read more »
Spain has new mortgage laws!
It is also getting easier to get finance for qualified house buyers in Spain. Spanish Solutions work with a few terrific local Spanish banks to help to get mortgages in place for people looking to buy a property in Spain. We always, well almost always, recommend our clients to have their finances in place before they buy. The last thing… Read more »
Fortuna Golf Court Resolution (No Win No Fee)
Did you buy years ago in the town of Fortuna (Murcia) and the properties were never completed? Are you aware that an Alicante Court condemned Banco Popular to repay two million euros to more than 60 people who invested in this development project? Would you like a chance to get back the money you paid, plus interest? Then please contact… Read more »