Many people are not aware of what is involved such as taxes to be paid when selling a property in Spain. We hope that you will find this article useful. Taxes to be Paid When Selling Capital Gains Tax The Capital Gains Tax is a tax calculated on the difference between the price when you acquired the property originally, and… Read more »
Tourist licences in Orihuela Costa – News
Finally Ana received good news from the Town Hall today regarding tourist licences in Orihuela Costa for Spanish solutions clients. Two months ago we were told that they could no longer keep up with the demand in the Orihuela Costa area for people looking to rent out their Spanish homes. All the information about getting the Tourism Licence in Valencia… Read more »
Habitation Certificate – Expiry
Sometimes clients ask how long does a Habitation Certificate last? Often clients in the Valencia or Murcia region approach us for help selling. One thing they have heard about is that their habitation certificate needs to be up to date. What is a Habitation Certificate? This is a document granted when a property is constructed and has been approved as… Read more »
Changes to UK Probates From April 2019
A number of important changes are happening with Probate in the UK. Because of this, we must emphasise that ALL Brits with assets in Spain should make a Spanish Will. That could be just a bank account, a car, or definitely when property is involved. Firstly, fees are going to change for UK Probates (Only England and Wales, Scotland and… Read more »
Power of Attorney (POA)
This is the process whereby you nominate someone to transact on your behalf, for example to buy or sell houses, open bank accounts and sign documents. This can be between partners and on a reciprocal basis, giving both equal rights to effect transactions on behalf of each other. Also, this can be arranged for a third party, meaning that the… Read more »
What unexpected services do we provide?
1) Legal – I wonder if sometimes people think we mainly deal with administrative bureaucracy such as sorting water, electric and paperwork problems. We do far more than that. We have had a lawyer working with us over ten years, and now have two lawyers working with us. Besides dealing with conveyancing (or the legal assistance when buying or selling… Read more »
Brexit For British Nationals Travelling and Living in Spain
For those who live in Spain full time, if you are a resident, and on the Padron, have your Residencia and are in the Spanish social security system then there will be little change for those people. However, those people living here, and who are not Resident or Fiscally Resident in Spain as they have not really decided whether they… Read more »
The Green Box
Six years ago in the newsletter, we published this story that one of our clients passed to us, and we would like to share it with you once again, as many of you will not have seen it. Jim McArthur was a TEC Australia member. His father John was also a TEC member. John called his son Jim to let… Read more »
Moving to Spain Check List
If you are looking to enjoy a permanent or non-permanent life in Spain, we recommend you follow this advice below:- Advice before buying a property: – Find a lawyer who speaks good English as well as Spanish, who will explain everything properly to you and detail the costs. They will carry out searches, as it is vital to check a… Read more »
Leaving Spain- What Do You Need To Know And Do?
Leaving Spain – What do you need to know and do? We have recently been asked what someone should do if they are moving back to their home country from living in Spain? If you are selling your property, what will you need to pay out as a seller? 1) Plusvalia – every seller has to pay a tax based… Read more »