SPANISH INCOME TAXES FOR RESIDENTS

Spain’s fiscal/tax year is the natural calendar year. Income taxes in Spain should be paid between May 1 and June 30 for the previous year’s income (so
this May/June for 2011). With a DNI or NIE, you can apply for a Número de Identidad Fiscal (NIF) in order to pay your taxes in Spain.

Tax residents will need to pay income taxes in Spain and are generally defined as those who reside in Spain over 183 days in each calendar year and/or
have their main financial interests in Spain. However, in many cases you
do not need to file a tax return in Spain when you make more than €22,000 per year from a single payer (wages, pensions, or unemployment
benefit). There are two exceptions that second or subsequent income does not exceed 1,500€ per year and employment income is not derived from
self-employment (you have to do a separate return).

Income in Spain
is roughly defined as:

• Wages and salaries, either as a salaried employee or as a businessperson

• Pension benefits

• Dividends, yields, interest and capital gains

• An employer’s pension contributions

• In-kind benefits

In 2011, there were some important changes in Individual Income Tax, which we need to inform you. Amongst the most important is the restoration of the
deduction for investment in residence or your main property, with effect from 1 January 2011 and regardless of the taxpayer’s tax base. It rises from
9,015 to 9,040 euros maximum deduction and can reach 12,080 euros for works and facilities for residence on disability grounds.

There are also changes over the previous year in relation to improvements in the home. The annual limit of deductions has been increased from 53,007 to
71,007 euros, and raises the amount of the deduction of 10% to 20%. The maximum annual base tax credit also rises from 4,000 to 6,750 euros per
household and multi-year limit is increased from 12,000 to 20,000 euros. It affects works that have taken place since May 7, 2011.

From April 10 until July 2, the draft Income Tax Return 2011 can be prepared and submitted. If the taxpayer wants to pay any tax by direct debit, you
must sign the draft, by the latest date of June 27th.

We can help you apply for your draft 2011 without waiting in the queue!

In addition, as you can see it is all very complicated and if you have any queries or need assistance preparing or applying for the Spanish Residents
Tax return it is best that you chat to Poli or email her on info@spanishsolutions.net

“I am very sorry, I have made a mistake and it won´t happen again”

Spain´s monarch, King Juan Carlos I made his first public apology this month. I wonder how many of you know why?!

It came following world-wide criticism of his participation in an elephant hunt in Botswana. Although it is said that the trip was paid for by a third
party, nethertheless it has been a little embarrassing for the King, who is Honorary President of the World Wildlife Fund (who were not too impressed,
as you can imagine, as they are radically opposed to elephant hunting).

The King´s trip probably would have escaped notice, were it not that he fell whilst hunting and fractured his hip. He has since apologised.

IBERDROLA METERS – We can help check your electricity consumption is correct

Many Iberdrola meters are very old and there are now digital ones on the market, which in time Iberdrola will replace. The new meters, however, have
several advantages including improved efficiency in electricity consumption. They also allow for the remote provision of services by Iberdola, such as
real-time meter-readings, processing contract registrations and cancellations or altering the capacity under contract.

The company will also be able to supervise the electricity grid and detect any kind of anomalies: whether the voltage is correct, whether the power is
balanced or whether there are losses. This information will enable the energy to circulate more efficiently and lead to an improvement in the quality
of supply. Currently, you cannot ask for the meter to be changed, it will happen in due course.

However, we work with a company that can install a new digital meter (authorised by the Ministry of Industry) inside the house. They take the real
reading of the old meter at the time he installs the new one and the customer should check in two or three months if the real reading of his own new
meter is the same or less than the real reading of the Iberdrola meter. It will probably be less.

Then if Iberdrola meter is not working efficiently it means that you the customer are paying more than you actually consume and we can make a complaint
on your behalf to Iberdrola.

At the moment, you pay a rental of 12€ per year to Iberdrola for the old meter.

We can ask Iberdrola to change the meter to the new one (which is your own property and so will save you 12€ each year from the bill).

We charge 100€ (not including IVA) for arranging the meter and installation, 30€ for handling a complaint for you, if appropriate, and
our fee to arrange with Iberdrola to switch their contract to the new meter is 20 €.

NON RESIDENT INCOME TAX

On previous occasions we have informed our readers that if they are

Non Resident in Spain and owners of a property (or a share of one) it is their obligation to submit a
Non Resident Tax Return
even
if they receive no other income from letting the property, bank interest, investments, etc.

Still it is quite common for people who are Non Fiscal Residents in Spain not to pay this tax; usually due to ignorance and especially when they have
no other income in Spain and only own a house, in which case the tax to be paid will be based on a percentage of the cadastral value of the property
(this value appears on IBI/local rates sent by Suma or Town Hall, depending on where the property is located).

Not being a high tax, this Non Resident Income Tax *was always
considered a minor tax. However in the last few months and probably due to the financial crisis the Spanish Tax Office, equivalent to the Spanish
Inland Revenue (Agencia Tributaria) has sent a bulk amount of letters to property owners in Spain where they indicated that they have no
evidence of any tax paid as Residents or Non Residents urging them to update their status and pay the applicable tax.

The letter is more like a warning or generic reminder than a formal claim from the tax authorities, as it is informative and written in gentle terms,
warning the recipient that it is possible to update their status before a inspection or penalty proceedings starts, as once this happens it could mean
fines, penalties, etc.

Therefore, we kindly remind you that now and more than ever before, you need to comply with your tax obligations, as it looks like the Spanish Tax
Office is targeting Non Resident Income Tax payers. If you receive a letter in Spanish from the Agencia Tributaria, firstly don´t worry, you may
have been paying your taxes and it is just a general letter. You may see posters from firms offering to help for free (they mean free advice, which we
give too, not free tax returns!).

Just bring or email the letter to us, or ask us any queries and you know that our office will always be happy to assist with calculating the tax for
the unpaid years and arranging payment to avoid fines and penalties.

Should anyone be in this situation or similar please do not hesitate to contact us on sales@spanishsolutions.net and the appropriate advice will be
provided.

TORREVIEJA MAY FAIR 2012

From 9 to May 13, 2012

The Torrevieja May Fair 2012, will be held on Wednesday 9 to Sunday May 13, 2012. Every day the fair will be held you will be able to enjoy non-stop
sevillanas (flamenco dancing) and eat at the marquees.

Place:
Port Facilities

On Wednesday 9th, Torrevieja’s May Fair will be inaugurated, usually around 2100-hrs, with a firework display and the symbolic switching on of lights.
Entrance to the Fair Ground is free although tickets are required for the seated area. If you have not visited the Fair before, put it in your diary
now, as this is one of the most colourful fiestas in Torrevieja and includes a display of horses and carriages on Saturday and Sunday, singing and
dancing each evening (be warned it starts late!) food, food, food and drinks. Don’t miss it and make sure you take your camera to capture this most
colourful of events, second only to the Ferias in Andalucia itself, in size and spectacle.

Wednesday, May 9

9 pm
- Inauguration of the Fair accompanied by the local music band Union Musical Torrevejense and the choir “Maestro Ricardo Lafuente”. After this, big
firework display.

Later on: performance by local dance academies such as the Local Dance School, directed by Nuria Girona. (free admission)

Thursday, May 10

9 pm
- performance by the local dance academy Paya´s and its flamenco group. (free admission)

Friday, May 11

9 pm
- Performance by the Rosy Sancho dance academy.

11 pm
- Concert by EL ARREBATO (free admission)

Saturday, May 12

12 am
- Mass at the Inmaculada’s Archpriest’s Church sung by a rociero choir.

Parade up to the door of the church, welcome to authorities and congregation and then parade up to the fair facilities. Once there, entrance of Spanish
horse riders up to 4 pm.

9 pm
- Performance by the Lola Morales dance academy.

10.30 pm – Concert II concurso de Copla (free admission)

Sunday, May 13

9 pm
- Performance of Maria del Angel dance academy

11.30 pm
- Closing of the May Fair with the final concert and the Masa Coral José Hodar choir.

TABARCA ISLAND

Just a reminder of the boat trip from Torrevieja to the island of Tabaraca. The island is located at about twenty kilometers distance from the city of
Alicante, and near the Santa Pola’s cape. It is 1,800 meters long and approximately 400 meters wide, and it is the biggest island which belongs to the
Comunidad Valenciana and the only one which is inhabited.

Tabarca’s climate is mild, it has an annual average of 17ºC, and it is famous because of its clear waters both in its sand beaches -to the south-
and its coves and cliffs surrounding the island. Tabarca’s natural conditions make it an ideal place for practicing water sports.

Apart from this, it has a wide variety of seaside restaurants offering traditional seafood
(caldero, paellas marineras, seafood, etc), and a worth-visiting museum, beautiful porches, emblematic buildings such as the Casa del Gobernador
(Governor’s House), the San
Pedro and San Pablo church, etc.

Exit point: Torrevieja’s port.

Approximate cruise time: 40 minutes.

Timetable 2012:

Exit hours: Tuesdays, Thursdays and Saturdays, departures at 11:00h and return at 17:30h

Price: 22€ adults. Children from 5 to 10, 10€. Free for children under 5. Special prices for groups. Additional info: please call the
number 966 70 21 22 or 669 41 22 33

Alhama De Murcia and The Archaeological Museum of Los Baños

Somewhere I have never mentioned visiting is Alhama de Murcia. The history is closely linked to it’s hot springs and the term Alhama
refers to the healing waters of these springs, Al-hamma, means ‘ thermal bath ‘.

The castle which dominates the city, is the Castillo de Alhama dating back to between the eleventh and twelfth century and was part of the
border fortifications for the kingdom with Granada to the south, and Aragon, to the north.

Begin your discovery of Alhama history in the Archaeological Museum of Los Baños , which preserves and protects the archaeological
remains of the Roman baths, this sits right at the foot of the castle. It is a modern building that has been built over and around the roman remains.
El Museo Arqueológico de Los Baños se inauguró el 24 de mayo de 2005 como centro arqueológico. The original Roman baths here were
used up until the 4th century and subsequently re-used in Muslim and Christian times, up until the construction of a spa in the 19th century. The
archaeological remains of the Alhama Baths have been declared a Historical Monument and Site of Cultural Interest.

Fue reconocido como Museo Arqueológico de Los Baños el 10 de mayo de 2008.Visitors can admire the architecture, Roman rooms, and a permanent
exhibition of archaeological remains (cups, plates, coins, ornaments, etc from different cultures from over 2000 years).

http://www.murciaturistica.es/en/tourism.museum?museo=3-2005

Until the 6^th May, there is an exhibition presenting some of the collection of works of art that are owned by the Foundation Board of Santa
Isabel de Villanueva del Río Segura, who has been the subject of study, analysis and restoration treatment in the past two years. La
inauguración de la exposición tendrá lugar el día 24 de marzo a las 21:00 horas, en la sala de exposiciones del Museo
Arqueológico Los Baños, estando abierta al público hasta el día 6 de mayo. Most of the works are on canvas and wood and painted in
the 16^th and 17^th centuries. The opening hours are Tuesday to Saturday 10 am to 2 pm and 5pm to 8pm. Sundays the Museum is open
10 am to 2pm.

In modern Alhama you will find a town proud of their history, friendly and welcoming to visitors with lots of cafes, tapas bars and small local shops.
A daily local market for fresh produce sits on the main street and a weekly outdoor market visits every Tuesday, between 9am-1.30pm. The tourist center
in Alhama De Murcia is probably one of the best in the region, they are helpful, friendly and speak good English.

Los Mayos

The other thing in Alhama de Murcia 27th April until 6th May is the Festival of “Los Mayos”. This is an old custom that at the end of Lent, bizarrely
dressed puppets are placed on rooftops and balconies from the 5th to the 6th May.

Tales monigotes eran los llamados Mayos, unos muñecos confeccionados con tela que se rellenaba con paja, hojas, lana, trapos, etc. The puppets
called Mayos are dolls made of cloth that is stuffed with straw, leaves, wool, rags, etc..y vestidos con viejas ropas de la casa, respondiendo
exactamente al concepto de pelele. and dressed in old clothes from the house. Se les pintaba la cara para dar rasgos humanos a su rostro,
colocándoles un sombrero si lo que se trataba de representar era una figura masculina y un pañuelo a la cabeza, anudado bajo la barbilla, si
se trataba de una figura femenina. The faces are painted to give human traits, and there is usually a hat for a male and a headscarf, knotted under the
chin, if a female figure.

Hasta la Guerra Civil, esta tradición va a permanecer con cierta autenticidad, Los Mayos, casi llegan a desaparecer de las calles,
reduciéndose a muy esporádicas apariciones, durante las décadas de los años sesenta y setenta del pasado siglo.Since 1984, the City
of Alhama de Murcia, through the Councillors for Tourism and Culture, have organised the celebration of the Mayos. En 1990 son declaradas de
Interés Turístico Regional, lo que además del reconocimiento de la labor de todo un pueblo a favor de su tradición cultural, supone
un nuevo aliciente para la mayor participación de los vecinos y visitantes, incentivándose por la concesión de premios,
diferenciándose en tres categorías: el más original, el más tradicional, el más crítico. In 1990 this was declared of
Regional Tourist Interest.

Los temas básicos que se tratan suelen ser tres, la recreación de antiguos oficios ya desaparecidos y que eran típicos de Alhama; la
representación de escenas de la vida cotidiana, tratadas por lo general en clave de humor y, por último y las más celebradas, las
escenas satíricas que con agudeza crítica ponen de manifiesto problemas o temas puntuales del pueblo.

SNIPPETS

CORVERA UPDATE: The President of the Region of Murcia released a statement recently advising that the new Corvera International airport will not start
operations until Summer 2013, when it had been expected to be later this year.

The government had passed in an official bulletin, a BOE, the acceptance of the transfer of the customs facility from San Javier airport to the new
Murcia airport at Corvera. However, the Minister explained that the airport is a highly complex facility requiring many permits and this takes time,
especially when there has been a government administration change. Progress is being made but it is all going to take a while.

IBERIA PILOTS strike twice a week until mid July. The pilot´s union SEPLA are striking every Monday and Friday until 20th July in protest at the
creation of the low cost airline Iberia Express.

PARAMOUNT THEME PARK: You will have read of the slow progress of the planned Paramount Theme Park in Alhama de Murcia. Premursa have now announced that
they are not purchasing the third and final plot of land planned saying it doesn´t meet the requirements of the project. This apparently will not
alter the planned size of the actual park. The proposed Lifestyle Centre might be a little smaller. Once the construction plans are finalised it is is
anticipated that the first stone of the park will be laid on 31st May.

RUNNING OF THE WINE HORSES, CARAVACA DE LA CRUZ

The busy May Bank Holiday weekend (yes, we have another one!) offers many fiestas and one we are going to mention, but may not be for everyone, is the
Running of the Wine Horses in Caravaca de La Cruz. Even if you feel that this weekend is not the time to visit Caravaca ( it is packed to busting, and
many people feel that the fiestas involving pushing horses to run up a steep hill is not for them) but this place is well worth a visit sometime. There
is a great museum devoted to the event if you miss it on May 2nd.

Caravaca is a holy city, one of only 5 in the world, on a par with Rome and Jerusalem. Many centuries ago, the town apparently used to have the Vera
Cruz of Caravaca, containing wood from the true cross of Jesus Christ. This gained a reputation as a powerful healer and protector. However, in 1934,
as the country was in civil war, the cross was stolen. It was never returned and the town was devastated. In 1942 the Vatican gave Caravaca two
splinters from another section of the cross of Jesus. In 2006, to celebrate the 775^th anniversary of the Vera Cruz, the town was given one
more splinter, which can be seen today in the little Sanctuary of the Santísima y Vera Cruz. Originally a Moorish castle, the
building was occupied and extended by various Christian forces after the reconquista, in particular by the Knights Templar. The current baroque facade
dates back a couple of hundred years. The castle is gorgeous, towers over the town, and is relatively undiscovered!

On Wednesday 2^nd May, the Running of the Wine Horses takes place. The legend dates back to the days of the Knights Templar, who came to the
aid of the townspeople. The invading Moorish army had cunningly poisoned the water supply, which flowed into the besiege town, and many people were
dying of thirst, as they couldn’t drink the poisoned water. The only liquid that could be found to drink was wine. So the brave Templer Knights tied
flagons of wine to their horses and ran with them up the hill before the Moorish armies realised what was happening, bringing the precious liquid to
the townspeople. The Vera Cruz was bathed in the wine and miraculously the sick and wounded were healed.

Today, to commemorate this happening 60 horses are dressed in spectacular embroidered cloaks and run up the hill to the sanctuary one by one, in a race
against the clock. It can be extremely exciting, as the streets are packed with onlookers who part to allow the horses to rush past just centimetres
away! Prizes are awarded for both the fastest horses and those with the most exceptional embroidery.

There are lots of parades, processions and re-enactments aside from the main event of the actual running of the wine horses, which takes place on
Wednesday 2nd May at 14:00.

ROAD TRAVEL – DRIVING IN SPAIN

It is a legal requirement for motorists travelling to or through Spain to carry two red warning triangles to be placed, in the event of an accident or
breakdown, in front of and behind the vehicle. Drivers must also have a spare pair of glasses if needed for driving, a spare wheel, and a full set of
spare bulbs plus the tools to change them. If at any time you have to leave your vehicle due to an accident or breakdown or while waiting for the
arrival of the emergency services, you must wear a reflective jacket or you may face a heavy fine.

You must carry a certificate of insurance in case you are stopped. If you have hired a car, you should be given documentation and have bought
insurance. If you are using your home insurance, always carry your certificate with you.

Seat belts are required for all passengers in the front and back seats. No children aged under twelve should be in the front seat and small children
must be in an approved child safety seat in the back seat. Talking on mobile phones when driving is forbidden, including talking in your car when
pulled over to the side of the road. You must be completely away from the road. You can talk with a completely hands-free unit, but using an earpiece
is also prohibited. You are not permitted to wear flip flops or sandals without a strap at the rear and the Guardia Civil are imposing penalties for
this now. Dogs must also be restrained in a moving car.

Travel Offers

ITALIAN RIVIERA ESCAPE 5 nights full board on the Liberty of the Seas Cruise liner Barcelona – Cannes/MonteCarlo - Pisa/Florence – Rome – Barcelona Departure on the 13th May From Just 349€ Per Person	ROYAL CARIBBEAN Adventure of the Seas Malaga, Valencia, Rome, Pisa/Florence, Ajaccio/Corsica, Malaga Dates available from the 28th of April until the 19th of May 2012 From Just 299€ per person
DISCOVER EGYPT 4 nights Bed and Breakfast in Cairo +  a 4* cruise on the river Nile for 3 nights full board. Includes flights and transfers from Madrid or Barcelona and internal flights Optional excursion package available From Just 499€	SAFARI IN SOUTH AFRICA 8 Days visiting Johannesburg, Mpumalanga, Kruger National Park and Cape town Includes:Flights, Tranfers,Visits and Excursions, Tour Guide and 4×4 Safari Departs between the 1st of April to the 31st of August From Just 1960€ Including Taxes

The team :
Poli Borisova
Ana Maria Barbadora
Eva G. Gilmartin
Lynne Henderson

Helena Labarta
Angie Real
Silvia Sanchez
Amanda Thomas

Editor: Amanda Thomas, Spanish Solutions
sales@spanishsolutions.net

LEGAL ADVICE/SOLICITORS

Sometimes I think people forget (because we do so much) that we also provide legal advice!

The Spanish Legal system works very differently from that which most people are used to and matters that could be easily resolved in your own country become bewildering when in another, due to differences in the law or in the language. Our English speaking Solicitor can assist with you with a variety of Spanish legal services.

Whether you need assistance in applying for building permissions for house renovations or require legal representation to look over contracts, we are here for you.

We cover diverse legal services and provide assistance with all aspects of legal work that may be required from Spanish Solicitors.

PROPERTY LITIGATION

Unfortunately there are people who have purchased off-plan properties and there may have been a breach of contract on the part of the developer, as the property has not been built as planned (as they were sold without the required building licences) or there has been a breach of contract by the developer not building the property within the time frame originally agreed. Alternatively, the developer has not built the property to the standard originally promised in the contract (not in accordance with the building plans).

If the developer may have been in breach of contract, you have the right to make a legal claim. If you would like to request our legal assistance and discuss the case, please advise us. For all consultation appointments, we merely charge 50€.

TENANT PROBLEMS IN A SPANISH PROPERTY

Having a tenant in a property (either residential or commercial) does not always go smoothly and if you are having problems and require help with a non paying tenant or one that is causing disruption or damage and would like to request our legal assistance to discuss tenant eviction, please let us know.

EMPLOYMENT

Worried about Employment issue in Spain? Whether it is an employment law dismissal case, or advice on employment issues regarding staff in your company, you may at times need an employment lawyer in Spain.

FAMILY

Are you dealing with Separation agreements, how to get a divorce in Spain or child custody arrangements? We have helped sensitively with many cases of divorce in Spain, separation, child custody, maintenance arrangements etc. If you need a divorce lawyer or a family lawyer or would like our assistance with another matter, please contact us.

INHERITANCE

Spanish probate services. We are able to deal with inheritance in Spain and Spanish probate, both explaining to you the inheritance tax payable on your estate at the present time and, managing the probate process for your heirs after your death. Whether or not a Spanish Will has been made, we prepare all the Spanish documentation required and handle the tax payable.

GENERAL LITIGATION

There are times that you may wish to bring a legal action against a person or company that you believe has caused you damage or loss as a result of their actions.

If you need a business lawyer in Spain or a dispute lawyer, we are able to assist with negotiating between you in order to endeavour to try to resolve the dispute and if this is not possible, to bring it to Court.

 

PERSONAL INJURY

With a personal injury claim, we will initially advise on the likelihood of successfully pursuing the claim and the possible compensation that you may recover and then assist you throughout the process.

CRIMINAL LAW

We have assisted with a variety of criminal cases including domestic violence, fraud, traffic accidents, drink driving defence and assaults.

ADMINISTRATIVE PROCEEDINGS

Certain legal situations are dealt with by government-appointed boards or tribunals, rather than by courts of law. “Administrative Law” refers to the area of law which relates to boards and tribunals, their activities, and the hearings before such bodies.

Among the matters dealt with by such administrative bodies are land use, land development, labour relations, landlord and tenant rights, and income and property taxes.

CIVIL LAW

The field of civil litigation relates to all kinds of disputes, from contractual to personal injuries. Matters relating to social security, pensions, creditors rights, builders’ liens, debt collection and wrongful dismissal also fall within civil litigation.

TRADEMARKS, COPYRIGHTS AND PATENTS

We know ourselves how serious (and downright annoying) it is when another business or person attempts to copy and use your trademark or logo. Intellectual property and trademarks used to differentiate a service or product are important. Proper searching and registration of trademarks, copyright and patent protection is important to protect your property and prevent future patent and copyright problems.

If you need a Spanish intellectual property lawyer or patent solicitor in Spain or require our assistance with any of the above matters please contact Amanda on sales@spanishsolutions.net.

It also goes without saying I hope, that we have 7 years of experience of conveyancing and the legal process of buying and selling houses in Spain, so please contact us also if you need a conveyancing solicitor.

DECEMBER & XMAS HOLIDAYS PART 2

24th December - Christmas Eve is called Nochebuena in Spanish (Goodnight) and it is the most important family gathering of the year.

In the evening people often meet early for a few drinks with friends then return home to enjoy a meal with the family. Most bars and restaurants close in the evening.

Prawn starters followed by roast lamb would be a typical meal rounded off with a typically Christmas sweet called turrón which is a nougat made of toasted sweet almonds. You see this on sale everywhere.

Another typical festive sweet is called Polvorones, which is made from almonds, flour and sugar. Cava , Catalan champagne, would be the chosen drink for the Christmas toast though plenty fine Spanish wines will also be consumed with the meal.

25th December - Children may receive a small gift on Nochebuena or this morning but the day for presents is 6th January, Epiphany, when the Three Kings bring gifts for the children.

Christmas Day is a national holiday in Spain and shops are closed but it is not a day of great celebration but rather a calm day when people go out for a walk, drop into a bar, etc.

Another large family meal at lunchtime is common though it’s becoming more common to see families eating out on the afternoon of Christmas day.

28th December - This is the day of Santos Inocentes (Holy Innocents) and is the equivalent of April Fools’ Day when people play practical jokes on one another. Often the national media will include a nonsense story in their broadcasts.

31st December - New Year’s Eve is known as NocheVieja.

It is a big celebration all over the country with street parties and special nights in hotels and clubs everywhere. Until midnight people tend to stay at home and on the stroke of midnight it is traditional to eat 12 grapes, one on each stroke of the clock to bring good luck for the New Year.

In Madrid and other main cities revellers congregate in the main square and eat the grapes along with a celebratory bottle of cava then head out into the night until after sunrise.

XMAS HOLIDAYS

Please note that our office will be closed from the 24th^th December to the 1st^th January 2012 inclusive. The office will re-open at 9am on the 2^nd January 2012.

UK OR IRISH REGISTERED VEHICLES IN SPAIN

We still get many questions about this issue and I will try to explain the situation.

As a resident or non resident, you may bring an Irish or British car to Spain, but if the car is here more than 6 months, you must register the vehicle onto Spanish plates.

The police are now clamping down heavily on illegal cars and imposing fines of up to 3,000€ on cars which they can prove have been here more than 6 months. Any UK or Irish plated car that has been here longer, must be registered with the Spanish authorities, Spanish plates issued and Spanish taxes paid. I have known personally of two people in this area who were stopped and told by the police they had noted them over 6 months ago and they had to now do this or be heavily fined.

Occasionally you can avoid import tax on newer models by obtaining a Baja Consular from the British Consulate, which we can do, but this does depend on your particular circumstances.

Non residents who keep a car here pay import the duty, which is calculated according to the make and model of the car and it´s CO2 emissions.

We can matriculate your car for 550€ including the ITV (MOT), engineer´s report, plates and fitting and several visits by us to Alicante to deal with the paperwork. This fee does not cover the cost of changing headlights to European type ones and fitting.

When purchasing a car, be very careful to ensure it has a valid ITV certificate, up to date road tax and legal sellers´ documentation. When there is a change of ownership, you should be aware that the Traffic department charge a 4% government tax on the book value. We will complete the paperwork for you on a change of ownership for 150€ (there are also Trafico fees of 50€).

It is also prudent to undertake a debt check (we charge 30€) as if there is any outstanding finance still on the car, after transfer you will be liable for this.

Any Spanish car should have a Permiso de Circulación (which makes it legal to drive the car) and a trajeta de inspección technical or certificate of roadworthiness (like a MOT). If you sell your car, you need to be sure that someone has done the transfer properly at the Traffic department, otherwise you will still be liable for Road tax annually (SUMA) on the vehicle and worse the new owner could run up fines for which you will be liable.

Don´t just trust the buyer if a private sale that this will be done, have it done properly please. We have seen some horrible problems where the seller loses touch with the buyer and it becomes a nightmare.

CHANGE OF DRIVING LICENCE

A non-resident can use an Irish or British licence to drive in Spain, providing they are here less than 6 months.

If you are a Spanish resident, you should change your driving licence to a Spanish one. We offer a full service, and it costs 160€ plus 26€ Trafico tax.

Finally, just a reminder of the long list of legal requirements the police here like you to have in your car at all times:

Drivers Licence (photographic/and or paper counterpart)

Passport, Identity card or notarized version

Permisiso (permission to drive booklet if you are resident)

Up to date SUMA (road tax) from SUMA office or bank will stamp it has been paid

Up to date insurance papers

Valid ITV (MOT) sticker on windscreen (top right hand corner) and paperwork)

Spare of glasses if used for driving (yes, it is true)

First Aid kit (fully stocked)

2 x High visibility vests

2 x Reflective warning triangles (placed 100m front and back if you have to stop)

Spare wheel

Spare light bulbs

Appropriate tools to replace bulbs and wheels

Please contact Amanda on sales@spanishsolutions.net or Helena on frontdesk@spanishsolutions.net if we can help with any of these matters.

COMASKEY PROPERTIES PROPERTY MANAGEMENT AND LETTING

We have mentioned before that Comaskey Properties across the road have efficiently arranged long term rentals for some time.

Demand for well furnished and presented rental properties is very high and they are always looking for more properties, especially 3 or 4 bedroom villas around La Zenia, Villamartin, Playa Flamenca, Punta Prima, Los Dolses and Cabo Roig. They actually have a waiting list of tenants for these properties.

Comaskeys inspect the property regularly once every fortnight. They check that all utilities are connected & operational, that there are no leaks, infestations or problems, that all windows & doors are secure, all locks are in working condition and all fittings are in good order. They leave a check list form in the property signed by their member of staff who checked the property, dated & signed.

At the end of every calendar month, they email to update you with regard to your property and facilitate the entry into your property of any tradesmen authorised by you. They charge a very reasonable 300 euro for the key holding service per annum.

For long term up to 11 months rental with the option to renew, it is free to advertise your property and if they find you a good tenant, they take the first months rent, then a 12 % per month management fee. Please feel free to ask for more details direct, with Susie (valuespain@gmail.com).

If you have a property that you would like to rent out long term contact Susieor Claire at Comaskey Properties with details of your property or telephone 00 34 966773453. You will find them friendly, helpful but above all professional and everything done properly as it should be by a managing estate agent.

MURCIA CITY (A DAY OUT)

If you are wondering what to do on your next visit for a day out, consider a day in Murcia.

The city was founded by the Arabs during the 1^st century. Since then, it has been a crossroads for different civilizations and core of the Mediterranean as it occupies an important location on the Rio Segura. The impressive Basilica (Cathedral), which sits opposite the modern Tourist Office, makes a great starting point right in the heart of the city.

From here, explore the colourful, lively, little plazas that nestle in between the narrow streets. Murcia has an overwhelming array of museums, art galleries and centres and beautiful historic buildings.

It has the largest out of town shopping complex in the area as it consists of two malls and Ikea, not to mention the football stadium of Real Murcia. The Nueva Condomina mall is set over two floors. It has shops throughout including the hugely popular Primark as well as some small boutique-like outlets. Outside there are many large stores such as the electrical giant Media Markt and the DIY store Leroy Merlin. The Thader Mall also has two stories of much the same stores. Ikea is just the same as all the other Ikeas!

Places of Interest in Murcia

• Tourist Office: more information about the museums, cathedral and buildings, as well as the walking routes. Remember that most museums are closed on a Monday and for siesta which is generally 14.00-16.00 in the winter and 14.00-17.00 in the summer.

• Shops: many boutique style shops as well as the usual collection of well known high street names in the centre plus the out of town shopping malls called the Nueva Condomina, Thader and a massive Ikea.

• Rio Segura: path either side of the river and botanical garden a short walk from the city centre.

• Murcia Football Stadium: watch Murcia’s football team play their home matches.

Ideas of things to do in Murcia

To get to know the city in one day we suggest starting from the underground car park (charged for by length of stay) with a visit to the tourist office. Relax with a coffee in the square to admire the impressive Cathedral before spending some time wandering around inside it.

Then follow the Tourist office walking route (or find your own) for a great introduction to the city and its narrow streets and quirky plazas, stopping where you please.

• Visit some of Murcia´s many museums, art galleries and churches whilst they are open in the morning, enjoy lunch and sample some typical Murcian food, during the afternoon take a stroll beside the river Segura and relax in the botanical garden.
• Then head to the two massive out of town shopping malls; the Nueva Condomina, Thader (with a multi lane bowling alley) and the huge Ikea for some retail therapy.
•  Take a look at the website for Murcia’s Football Club

www.realmurcia.es and watch one of their home games.

Museums and other places of interest

• Salzillo Museum : holds the most important processional religious images by the world-famous wood carver, Francisco Salzillo, 550 Christmas Crib figures and the platforms bearing groups of life-size Biblical figures, which are carried down the streets in the Easter Processions.

• Fine Arts Museum : displays paintings by Spanish artists from the 16th to the 20th century.

www.museosdemurcia.com/mubam/webing/index.php

• Archaeological Museum : houses a collection of Iberian, Roman, Greek and Moorish artifacts.
• Cathedral Museum: has a great collection of religious art, including sculptures and altarpieces.
• Museo de la Archicofradía de la Sangre : housed in El Carmen Church is an exhibition of the religious sculpture works known as the ‘most precious blood of Christ’.
• City Museum : in Junterones Palace there are interactive displays about the city’s 2000 year history.

• San Juande Dios Church Museum : houses a permanent exhibition of religious imagery from the 16th to the 19th centuries including various woodcarvings.
• Museum of the University of Murcia : exhibitions on different subjects like science and art.
• Aquarium of The University Of Murcia : A research facility that has been opened to visitors it has tanks of reefs with corals and fish from the Indian Ocean, the Pacific Ocean, the Red Sea, the Caribbean Sea and of course the Mediterranean and the Mar Menor.
• Ramón Gaya Museum : set in a beautiful mansion, the Palarea house, it holds the works of Ramon Gaya one of the best contemporary Murcian artists.
• Science and Water Museum : with water as its main theme, it also has a children’s planetarium, science square and perception modules.
• Bullfighting Museum of Murcia : Founded in 1919, it contains posters, bullfighter’s costumes and utensils, it also has a specialist library and video collection.
• Regional Craft Centre : displays work of artisans from all over Murcia, also has items for sale.
• Casino of Murcia Building : built in 1847 it boasts of a beautiful library, an enigmatic powder room, a magnificent Arabic Patio and a splendid neo-Baroque dance hall.
• Episcopal Palace : made up of two parts, the ‘bishops view point’ which gives views over the river and the ‘main body’ which looks out onto the cathedral square.
• Rio Segura : a path runs either side of this river through the city centre.

POLICE IN SPAIN - THE DIFFERENT TYPES OF SPANISH POLICE

Few things can confuse people moving to Spain more than the different Spanish police forces that exist throughout the country – each of which wears a different uniform and each of which has a different ambit of operation from the other force!

Of course, most people can recognise the Guardia Civil in their green uniforms and (when on ceremonial duty) black tri-corner hats. However, who are the other police and what do they do

The truth is that the Spanish police is essentially composed of three forces: the Guardia Civil, the Policia Nacional and the Policia Local. Some regions though have their own police forces – all of which, in these areas, are in place of the Policia Nacional.

The three main forces are:

1. Guardia Civil. To all intents and purposes the Guardia Civil are a conventional police force who operate in exactly the same way as the police of any other modern European country. They have the resources, powers and facilities of a normal police force and are generally admired within Spain for their high level of discipline and professionalism. Whilst they are a military force (with military ranks) in peacetime they act under civil authority and have no extraordinary powers.

Importantly, the remit of the Guardia Civil is to police rural areas and towns under around 20,000 people. So, they do not operate in urban areas with a population over approximately 20,000 people. If you suffer a crime or you need police help in a rural area of Spain then it is to the Guardia Civil to whom you must turn – and who will attend to the investigation of any problem.

2. Policia Nacional. The Policia Nacional are normally dressed in black uniforms with white shirts but they can be seen also wearing blue, military style uniforms. Like the Guardia Civil, they are a conventional police force – albeit that they are a completely civil force with civil (rather than military) ranks. It is to them that you must go if you suffer a crime or need police help within an urban area – and it is only the Policia Nacional who will respond to (or investigate a crime) in a town of some 20,000 people or more.

3. Policia Local. Finally, there is the Policia Local. This is a force which is recruited, funded and controlled by local town halls and that is responsible to the elected Mayor. The Policia Local wear blue uniforms with white shirts and respond to minor crimes.

Mostly the Policia Local deal with local authority enforcement matters, together with urban (city, town or village) traffic control and any associated violations. Crimes are not investigated and any serious matter is immediately handed over to either the Guardia Civil or Policia Nacional – as appropriate to the demographic area. Almost all Spanish police are armed although occasionally this is not the case with village Policia Local.

If you are in Spain and you need the police then:

For general emergencies call: 112
To report a crime call: 902 102 112
Guardia Civil: 062
Policia Nacional: 091
Policia Local call: 092

TRAVEL OFFER

Here is another offer from our neighbours: La Zenia Travel Agency/Estival Tours

royal caribbean italian riviera cruise
START OF SUMMER BREAK ON THE MED ENJOY 5 DAYS CRUISING ROUND THE MEDITERRANEAN SEA VISITING THE COASTAL CITIES OF CANNES/MONTE CARLO IN FRANCE, PISA/FLORENCE AND CIVITAVECCHIA (ROME) ON THE ITALIAN COAST DEPARTING FROM BARCELONA DEPARTURES THROUGHOUT APRIL AND MAY FROM JUST 479€PP TAXES INCLUDED OTHER OPTIONS AVAILBLE: PHONE: 96 679 14 92 or email orihuelacosta@estivaltour.com

Tlf: 966 761 492 - Fax: 966 730 222 Email: orihuelacosta@estivaltour.com www.lazeniatravel.com

The team :
Poli Borisova
Ana Maria Barbadora
Eva G. Gilmartin
Lynne Henderson
Helena Labarta
Angie Real
Silvia Sanchez
Amanda Thomas

Editor: Amanda Thomas, Spanish Solutions
sales@spanishsolutions.net

WILL I, OR WON’T I? (MAKING A SPANISH WILL)

Earlier this month, we held a special offer for a short limited period only for making Wills for free with all the customer donations going to a wonderful charity here; EMAUS.

At the time of writing this, we had managed to raise 1,890 Euros for the charity giving up our time for free and paying the Notary ourselves!

EMAUS is a registered charity that supports a wide variety of areas – Children’s Care Homes (one in Elche, a couple in Murcia and several near Altea), an Old People’s Home, a Women’s refuge, a disabled persons unit, a workshop teaching young people work skills… in fact pretty much all of the disadvantaged.

They are very grateful for all the help they can get. Tel: 00 34 965841808 Fax: 00 34 965845296 to offer them further help particularly for the children for Christmas. www.emausong.es.

Although that was only a limited offer (as we can’t always work for free!), what astounded me was how many people don’t have Wills here still!! Making a Will is often one of those things you know you should arrange, but have not got round to.

But if you are a foreigner, do you need to make a Spanish Will?
Any British or Irish resident who has assets in Spain, in the form of property, bank accounts or any asset, should make a Will detailing exactly what they wish to happen in the event of death. Otherwise, your beneficiaries will struggle with a lengthy and expensive process of getting their inheritance in Spain and the delay may also result in tax penalties.

Wills are individual, so whenever there is more than one person listed on the title deeds of a property, a Will should, of course, be made by each person.

What about if I die without making a Will? What will happen?

Under Art 9 of the Spanish Civil Code, a foreign national is entitled to leave assets according to the national law of their country of origin, so when a foreigner dies with property in Spain, their nationality usually dictates the law that applies to the distribution of their assets.

The proceedings will take place in Spain, however, following the Spanish process, and can be lengthy, especially if there is no Will.

If you die in Spain, the death certificate will need to be obtained at the local Civil Registry. If in Ireland or the United Kingdom, an original death certificate would need to be obtained from the General Register Office in the home country. This certificate, any Grant of Probate and a foreign Will need to be officially translated into Spanish, apostilled and presented in Spain. The process is time consuming and expensive.

If you are living in Spain and a resident, a Spanish Will is likely to apply only to your assets in Spain and would have no legality in any other country, if you have become a Spanish citizen, matters may be different and it would be wise to take legal advice. You would still need a separate Will in a country where you have assets still.

And if I had a Spanish Will and die?

If there was a Will made in Spain, this would be recorded at the General Register of Last Wills and Testaments and then an official copy would need to be obtained from the Notary’s office. A tax declaration must then be made to the tax office, and it would be advisable to consult a lawyer’s office for this.

Once the tax authorities confirm the figures, the deceased assets are transferred into the names of the heirs according to the provisions of the will. From submission of the tax office declaration to receiving an agreement from them can take six months, and Spanish probate ideally should be completed before the UK probate is dealt with. Any foreign inheritance taxes paid should be reflected on the UK Inland Revenue forms, which is another reason why a Spanish Will is advisable to avoid initial delays.

What would happen regarding inheritance tax in Spain?

Unlike in Britain, there is no exemption from inheritance tax between husband and wife. A tax form must be completed and the taxes paid. In Spain it is the heir who is taxed and not the estate. Tax will be calculated on the relationship of the heir to the deceased and the amount of the inheritance he/she receives.

The inheritance tax must be paid within six months of the death of the deceased; a request for further six months’ extension may be filed although interest will be charged.

Inheritance tax must be paid in advance of the release of the assets to be inherited, and beneficiaries may therefore need to borrow funds to pay the tax before they receive their inheritance.

A joint bank account will normally be frozen on the death of one of the account holders, although the bank will usually allow the direct debits for services to continue to be paid out of the account. Executors are not normal in Spain. Legal title passes directly to the beneficiaries.

How do I make a Will?

To make a Will in Spain is relatively easy. It needs to be drafted (usually by a solicitor’s office), in Spanish with an English translation, and signed in front of a Notary (a legal official who witnesses documents). Each person completing a Will needs to be present at the appointment at the Notary with their passport.

In front of the Notary the Will is discussed, and if everything is in order, all parties (individual, Notary, Translator) sign the document. The original Will is kept at the Notary’s office, notification is sent to the Registry in Madrid, and an official copy is given to the individual, who should really tell their heirs that they have made a Will.

If you have not made a Will already and have a property here, especially if it is in the names of unmarried partners, we really emphasise that you should do so.

Please contact Amanda on sales@spanishsolutions.net.

Even though the charity offer has expired, we still offer the service for a very reasonable price considering the expense and hassle it can save your beneficiaries.

SPANISH GENERAL ELECTION

After Mariano Rajoy’s landslide victory in the election this month here in Spain, now begins the hard task of fixing Spain’s serious economic problems.

His conservative People’s Party won the biggest majority for any party in thirty years. Speaking after his electoral victory, Rajoy said: “I ask you to continue helping me. I ask you to continue to support me. We will face difficult moments, but we have desire, courage, will, strength and support to form a government that will represent every Spaniard.”

With 45 per cent of the vote, the People’s Party soundly defeated the ruling Socialists, who saw their support fall to 29 per cent.

The Socialist’s party leader, Alfredo Rubalcalba has promised to support the new government when it officially takes over in mid December.

Rajoy was born in Santiago de Compostela, Galicia, and graduated from the University of Santiago de Compostela . At the age of 24, he passed the competitive examination required in Spain to enter into the civil service becoming the youngest ever property registrar.

.

Having served in various ministerial roles in the Azna administration (Aznar was Prime Minister 1996 to 2004), Rajoy was appointed as the party candidate for Prime Minister in the Spanish general election on 14 March 2004. That election was won by the then opposition Spanish Socialist Workers’ Party (PSOE) in the aftermath of the 2004 Madrid train bombings. He has been Leader of the Opposition for 7 years.

INCREASING RUSSIAN BUYERS

With the election campaign in the recent month, the Spanish press went into full spin mode and one of those items has been the increase of Russian buyers coming to Spain. La Verdad has been building up the market and the potential for the property sector.

They are correct that the numbers of Russians are buying properties but the general numbers are the same as we are seeing here, with those buyers falling behind Irish, British, French, German and Belgian.

It also appears that interest has been more focused on the Barcelona (Cambrils is very popular) and Valencia regions for these buyers, however, there has definitely been a marked increase in the Orihuela Costa and Murcia area and that is a good thing. If the new Corvera airport next year manages to attract the interest of airlines offering direct flights to the former Soviet Union, that will have a huge impact.

Of course it is also mooted that there is Russian interest in the Paramount Theme Park project, but there has been no formal statement issued to date of confirmed investors… so we wait with bated breath.

LORCA PICASSO EXHIBITION

An exhibition featuring works by Pablo Picasso opened on the 11th November in Lorca to mark the passing of 6 months since the city was affected by 2 earthquakes. It will be held in the Huerto Ruano and there will be 40 items on display, showing the expertise of the Malaga born artist 12 0 years ago. Items include lithographs, ceramics, sculptures and a 23 gold carat figure. Some items have never been in public before and are donated by private collectors.

The exhibition is open until the 11th December every day from 11.00 to 14.00 and 17.00 to 20.00. There is an admission fee of 5 euros with the funds going to help towards the repair of buildings in the earthquake. Here is a link of how to get there.

http://www.simplynetworking.es/calida-4924-129-117-casa_museo_huerto_ruana_lorca.html

For all those Picasso fans out there like me (and a chance to visit a nice area and castle), why not ask our friends at La Zenia Travel if they can find you a reasonably price hotel (as there some great deals at this time of year) and make an overnight trip of it? Or look at some of their other excellent offers for Xmas trips, lights and cruises.

Tlf: 966 761 492 - Fax: 966 730 222 Email: orihuelacosta@estivaltour.comwww.lazeniatravel.com

CLOSURE OF SAN JAVIER AIPORT CONFIRMED

We understand that The Minister of Public Works and Secretary of State for Transport, have now signed the official agreement that effectively sees Murcia San Javier airport closed to commercial traffic. All passenger flights will now be transferred sometime next year to the new airport facility at Corvera, just outside Murcia city.

Despite Murcia San Javier having a new runway built only a few years ago and the redevelopment of the airport terminal buildings, an investment that cost some 60 million euro, the airport at San Javier will revert back to being one of military status under the Academia General del Aire.

Corvera will probably be finally being certified as a fully operational airport in the summer of 2012. We will let you know further details as we hear.

DECEMBER HOLIDAYS AND FIESTAS PART 1

Given that we are all revving up towards Christmas and the next issue of the newsletter will be late December, I thought I would mention a few points on Christmas in Spain in this issue and more next month.

The first thing that a visitor will notice is that Christmas in Spain is not as huge a commercial occasion as is the case in many other western countries and cities. Christmas lights are usually lit in the main cities in the first week of December by which time the shops are fully stocked with Christmas supplies. Nothing like the US, UK and Ireland where the end of summer marks the build up to Christmas!

Christmas trees are common in the home but again they don’t generally appear until the second half of December. Also in the home there are often intricate, miniature nativity scenes called Belenes which depict life in the village where Jesus was born. The Belén always include the baby Jesus, Mary, Joseph as well as the Three Kings, Baltasar, Melchior and Gaspar.

However, the chronological order of notable Christmas events in Spain is as follows:

December 8th - This is the public holiday of Immaculada (Feast of the Immaculate Conception) which marks the beginning of the religious Christmas celebrations. Most notable in Seville. Please note this is a Public holiday everywhere in Spain.

21st December - In a few cities including Granada the celebration ofHogueras (bonfires) takes place. This date marks the winter solstice (shortest day) and where it is celebrated it involves people jumping through fires to protect themselves against illness. (Strange thing to do…)

22nd December - All over Spain people never stray far from a TV or radio as the Christmas lottery is drawn over a period of many hours. Everybody in Spain buys tickets for this lottery in the hope of winning El Gordo (the fat one) and the winning number usually means that a good number of people from the same village become a lot better off overnight. Besides the big three prizes there are thousands of smaller prizes shared by people all over Spain.

We thought it maybe helpful to provide you with next year’s calendar with the main Public holidays (Red Days) marked for your reference.

The Spanish Solutions office will be closed 24th December 2011 to 1st January 2012 inclusive.

TORREVIEJA CULTURAL PROGRAMME

Here is a reminder to consult www.torreviejacultural.com for what’s on in Torrevieja during December. This includes for example “The Sound of the Supremes” on 14^th December at 20.00 at the Teatro Auditorio Municipal and many Christmas concerts.

TRAVEL OFFERS

 Here are another couple of offers from our friendly neighbouring travel agency: Estival Tours at La Zenia.

NEW YEAR TRIP

PLAYA CAPRICHO HOTEL

ROQUETAS DE MAR, ALMERIA

30th DECEMBER 2011 3 NIGHTS

DINNER, BED AND BREAKFAST

INCLUDES GALA DINNER WITH ENTERTAINMENT ON 31^ST

AND FREE BAR UNTIL 3AM

299€ PER PERSON*

SINGLE SUPPLEMENT 35€ SUIT & EVENING DRESS REQUIRED FOR GALA DINNER

TRANSPORT FROM TORREVIEJA & LA ZENIA INCLUDED

MERRY CHRISTMAS GIFT VOUCHER

FOR 100€

 FOR ANY HOTEL, FLIGHT, CRUISE OR TRAVEL DEAL (subject to availability)

PHONE: 96 679 14 92 or email orihuelacosta@estivaltour.com

Viajes Estival Tour La Zenia Calle Flores, 1, Bajo 3, Urb Zenia Golf 1, 03189 Orihuela Costa

LA PEDRERA (Grand Designs house) XMAS FUN DAY

On the 3rd & 4th of Dec Saturday and Sunday between 11am – 4pm Casa La Pedrera near the beautiful Torremundo lake are having a craft fair and fun day with all the activities including Santa and entertainment including carol singing and dancing. There will be lots to do and see for the whole family.

For further details of how to get there, see their website.http://thingstodoinspain.info/

IMPORTANT- NON RESIDENT TAX

Finally, it is that time again to remind you that it is law that all non residents that have a property in Spain pay Income Tax.

The Income tax is based on the supposed rental income that your property would generate. Even though you may not rent out your property or make any income from it, it is still an obligatory tax. The deadline for payment of this tax is 31st December 2011 for the year of 2010 (paid one year in arrears).

However, we kindly advise our clients that we require payments to be done as soon as possible in order to present taxes in time. If you have not heard from us, or sent your payment to us, please contact us now.

We charge €60 per person for preparing non resident home owner tax returns (or 90€ in total for a household of two people). Please contact Poli oninfo@spanishsolutions.net.

The team :
Poli Borisova
Ana Maria Barbadora
Eva G. Gilmartin
Lynne Henderson
Helena Labarta
Angie Real
Silvia Sanchez
Amanda Thomas

Editor: Amanda Thomas, Spanish Solutions
sales@spanishsolutions.net

00 34 966761741   Visit us online at www.spanishsolutions.net

]]> http://www.spanishsolutions.net/2011/12/newsletter-november-2011/feed/ 0 http://www.spanishsolutions.net/2011/12/newsletter-october-2011/ http://www.spanishsolutions.net/2011/12/newsletter-october-2011/#comments Fri, 02 Dec 2011 15:00:16 +0000 admin http://revivedevelopment.com/spanish/?p=406 NEWSLETTER – October 2011

Whats in this issue:
Wealth Tax is back	New Tourist Bus	All Saints Day	All Saints Recipes
Interesting Facts About Spain	Paramount Theme Park	Bullring or Amphitheatre?	Corvera Airport
Joint Property Ownership		New Year at Roquetas De Mar

VERY IMPORTANT:

RE-INTRODUCTION OF WEALTH TAX

For those of you who remember the wealth tax which was previously abolished, Spain´s parliament have voted for the re-introduction of wealth tax on those with net assets over 700,000€ (so a lot better than it was previously).
This is worldwide for residents and on just assets in Spain for non residents. Non residents need a fiscal representative to present the tax return.
This commences in 2011, as the taxable base of 700,000€ will be wealth net value as at 31^stDecember 2011. The Main residence, for residents in Spain, is tax free, (regarding wealth tax), until a value of 300.000 euros. The rest of the value increases the taxable base.
It is likely to have to be paid June 30^th 2012 for residents and 31^st December 2012 for non residents (final details have not yet been released).
The tax on the net assets will be between 0.2% and 3.7% depending on the circumstances. Currently, it is only for the years of 2011 and 2012 but we will wait to see on that.
It is obviously important that if you are resident in Spain and believe that your worldwide assets are worth over 700,000€ net (taking into account the exemption of 300,000€ for your main residence) that you speak to our tax adviser in the early part of next year, or sooner in order to arrange the return.
Likewise if you are non-resident, and your assets solely in Spain are worth more than 700,000€ net.

Contact Poli on info@spanishsolutions.net or 966761741.
She can also help with payment of non resident tax, due by the end of December 2011 for 2010. If you have a property in Spain, it is important to pay this otherwise you will only accumulate fines and interest over the year.

NEW TOURISTBUSSERVICELINKSCOAST WITHORIHUELATOWN

The Department of Transport has launched its pilot bus service each Tuesday between the Orihuela Costa and Orihuela City now allowing coastal residents the opportunity of visiting a historical monument in the city every Tuesday. The cost of each visit, which will be guided, is just euro 2.50 per person.
Buses will leave the town hall at 9, travelling to Playa Flamenca, Los Dolses and Blue Lagoon where they will pick up at Morgans Bar. They will also make a further stop at the Entre Naranjos Urbanisation by prior notification on 966 76 0000, extension 31 or 32.
Thus, the bus will stop at the casino at 10am followed by the market ten minutes later. It will return to Playa Flamenca from the market at 1pm and from the casino at 4pm.
The Department of Transportation has designed a schedule of visits to monuments and historic sites in the city, as shown below, through to 27 December. Information leaflets are currently being distributed.

08/11/2011: Cathedral
15/11/2011: Santiago y Monserrate
22/11/2011: Sala-Museo San Juan de Dios. Museo arqueológico y exposición.
29/11/2011: Santas Justa y Rufina y Ayuntamiento
13/12/2011: Museo de la reconquista y refugio antiaéreo
20/12/2011: Museo de la Muralla
27/12/2011: Santo Domingo

All Saints Day on November 1st – a public holidayin Spain

All Saints’ Day is celebrated in Spain on the same day as in the rest of the world – on November 1.
The most obvious sign that it is All Saints’ Day is that you’ll notice the graveyards to be unusually full of flowers. The Spanish remember their dearly departed on All Saints’ Day and bring flowers to the graves of their loved ones on this day.
There are a few traditional sweets that the Spanish eat on All Saints’ Day. The most common isHuesos de Santo (literally ‘saint’s bones’), which is made of marzipan and ‘dulce de yema’. Another is ‘buñuelos de viento’.
Which is the MostInterestingSpanishCity to be in During All Saints’ Day?
The most interesting city to be in for All Saints’ Day is Cadiz. All Saints’ Day in Cadiz is a little different: known as ‘Tosantos’, the Gaditanos (locals of Cadiz) do wacky things like dress up rabbits and suckling pigs in the market, as well as making dolls out of fruit. The whole region gets involved and the festivities last all week.
If you´d like to visit Cadiz contact our neighbours La Zenia Travel for a quote. Tlf: 966 761 492 -Fax: 966 730 222 Email: orihuelacosta@estivaltour.com www.lazeniatravel.com

Recipe for All Saint´s Day sweets

“Panellets” are a traditional sweet from Cataluña, prepared for All Saints Day and served with moscatel or “cava,” Spanish sparkling wine.

They are made of equal parts ground almonds and sugar, formed into balls and decorated with pine nuts, rolled in cocoa powder, candied cherries or coconut flakes. They can also be flavored with coffee or cinnamon. The most popular type is the one rolled in pine nuts.

Ingredients:

·         1 lb. ground almonds

·         2 1/2 cups granulated sugar

·         1/2 -1 cup water

·         1 small potato

·         gtrated peel of 1 lemon

·         3-4 drops lemon juice

·         Toppings:

·         pine nuts

·         sweetened cocoa powder

·         candied fruit

·         Flavorings:

·         instant coffee powder

·         coconut flakes

·

Preparation:

Makes approximately 32 cookies.

Blanch almonds, then grind in food processor until almonds are a fine dust.

Peel the potato and cut into quarters. Boil potato in a saucepan until cooked. Drain water and mash with a fork.

Place sugar in a medium saucepan. Pour 1/2 cup water into the pan and stir to dissolve sugar. Add more water to completely dissolve sugar if necessary. Place on medium heat on stovetop and bring to a boil, stirring often. Add 3-4 drops of lemon juice. Reduce heat and simmer until mixture is a thick syrup.

Remove saucepan from heat. Using a large wooden spoon, gradually stir in ground almonds, potato and grated lemon peel. Allow to cool to room temperature. Then, refrigerate overnight.

Pre-heat oven to 380F degrees. Grease cookie sheets. Spoon out dough with a teaspoon. Roll dough into small balls in your palms. Then roll the balls in powdered cocoa or pine nuts. If using pine nuts, brush each with a bit of egg white. Place on greased cookie sheet.

If you want to flavour the cookies, separate a portion of the dough and with your hands, work in a bit of instant coffee flakes, candied fruit or cinnamon. Then make individual balls.

Bake cookies just long enough to brown the pine nuts – about 4 minutes. Remove immediately using a spatula before cookies cool.

INTERESTING FACTS ABOUT SPAIN AND ITS POLITICS

The capital of Spain is Madrid, though it didn’t have a cathedral until the 19th century and so was not technically a city.
Spain is split into 17 autonomous communities: Madrid, Catalonia, Valencia, Andalusia, Basque Country, Asturias, Galicia, Aragon, Balearic Islands, Canary Islands, Castilla-La Mancha, Castilla-Leon, Extremadura, La Rioja, Murcia and Navarra. Madrid is the capital of the region of the same name as well as the capital of the whole country, while Barcelona is the capital of Catalonia and Seville is the capital of Andalusia.
Spain is a monarchy, which was restored after the death of dictator General Franco in 1975. The present monarch, King Juan Carlos I, is the last monarch in Europe to hold absolute power (which he inherited from Franco) and arguably the only European monarch to voluntarily cede that power.

The heir to the throne, Felipe, is married to a former TV newsreader.
Though José Luis Rodríguez Zapatero is called ‘presidente‘ in Spanish, he is actually the Prime Minister (‘presidente‘ is short for ‘presidente del gobierno‘: he is president of the government but Prime Minister of the country, although this term is not generally used in Spanish).

The ruling party is the left-of-center PSOE (‘Partido Socialista Obrero Español‘, the Spanish Socialist Worker Party).Spain’s parliament has now been officially dissolved and an early general election set for November 20, with the ruling Socialists likely to lose by a wide margin. Prime Minister Jose Luis Rodriguez Zapatero has said he plans to leave politics after the vote. The official election campaign period will be between November 4 and 18. The conservative opposition, Popular Party leader Mariano Rajoy, 56, who lost twice to Zapatero, in 2004 and 2008, has vowed to lower taxes on businesses to revive the economy and fight unemployment if he is elected.

Update on ParamountTheme Park

Early on in October, the official hunt for investment was launched for the proposed Paramount Park with a media presentation.

Selected invitees listened to presentations and saw a 7 minute video which showed the concept of the park and the accompnaying lifestyle centre. The park has 2 wholly different sections; the first being the Lifestyle Centre with 7 hotels, a casino, a state of the art auditorium, exhibition centre, top level conference facilities, a shopping mall and spacious green areas.

The Paramount Park itself features a number of themed areas, a woodland fantasy zone, an action packed adventure town, Parmount Life (incorporating the Paramount catalogue of films), Plaza Futura a high tech voyage with 4D special effects, and Rango West (the Wild West).

The license for the park is a 30 year term and it will create 16,500 jobs. The total cost of the project is 1100 million euros and if investment can be obtained the first stone will be laid in March 2012 with completion anticipated for 3 years later.

Now the project heads out on a roadshow to make the investment a reality. Will they be able to find the over a billion euros needed..?
Here is the link to the video:
http://www.youtube.com/watch?v=qv8PgsKaIGw

Cartagena‘s historic Plazade Toros

What is going to happen?

There has been much discussion over what to do with the old bull ring in Cartagena. Modern Cartagena is built over a Roman city and frequently when a bulldozer has dug down within the known area of the Roman City something has been found. This time it was an intact Roman Amphitheatre below the old Plaza de Toros. As excavations progressed the old bullring was supported with a metal framework of steel. However to get any further they cannot maintain the old structure of the bullring as a large part of the amphitheatre lies below it and they have to make a decision what to do.
There are various alternatives being considered including recovering the amphitheatre and creating a Contemporary Art museum alongside it, or an exhibition of archaeological exhibits on the site. We will just have to wait and see.

OPENING OF CORVERAAIRPORT

It has now been confirmed that the opening of Corvera Airport early Summer next year just outside Murcia will mean the closure of San Javier airport unfortunately. Connections to Corvera will be more difficult from the Torrevieja area and it may just be easier to fly to and from Alicante. However there are a lot of factors up in the area, depending on what airlines will fly from which airport and the important question of whether the Paramount Park will be built, which will be close to Corvera airport. There is also the election on 20^th November and a change of government could mean a change of plans.

DISSOLUTION OF JOINT PROPERTY OWNERSHIP

Questions and Answers

Q. My father bought a property in Spain with his partner 7 years ago, she died 3 years ago. In her Will she left the property share to him, but we have done nothing to change the joint ownership? Can my father sell the property now?
A. Your father cannot sell what is not his. He has to lodge the 50% bequeathed by his partner under his name at the land registry prior to selling the property. Your father would have to hire a Spanish lawyer and do as follows:
- Depending on the nationality of his partner, a grant of probate.
- Deed of Declaration of Heirs by which he’s appointed as the sole beneficiary of the remaining 50%
- Lodge this deed at the land registry and pay any associated taxes such as Death duties.

Once the property is fully under his name he’s free to do with it as he pleases. If we can help anyone with our legal service on Estate Transfer to Heirs, please let Amanda know onsales@spanishsolutions.net
Q. I own a property in Spain with my wife and we have recently divorced (decree absolute) in England. As part of the divorce, it was agreed that the Spanish property would be transferred to me? How is this done and how much does it cost?
A. This is a common scenario when couples owning property in joint names whose relationship has come to an end decide that one of them will assume full ownership.
The transaction has to take place at the Notary and the expenses involved are 1% Stamp Duty on the whole declared value, and notary, land registry and lawyer’s fees.
The party with the outgoing share is liable for a tax on the increase in the value of the property (for example if it has increased in value from 100,000€ at purchase to 140,000€ currently, then the increase is 40,000€) at 19% on any profit they may have made on the 50% outgoing share (whether they are non resident or resident for taxes in Spain).
The tax is only applicable if there has been an increase in value.
Again, please contact us on sales@spanishsolutions.net if we can help with any advice regarding the above.

Private Medical Insurance

The world of private medical insurance can be baffling, with so many different policies to choose from how can you decide which is the right one for you and your family?

Fundamentally those who have health insurance while they are living in another country usually have it to ease the language barrier, for speed of access to a medical team, quick referrals to specialists if needed and of course to cover their spouses and dependents. Peace of Mind is also very important in this type of situation where you are dealing with a medical system that is not similar to at home.

Things to note when looking at medical insurance are the excess on policies, the level of cover per person, access to doctors, can you choose which ever one or must you use their listed doctors only. Also declaration of pre existing conditions and what views the companies have on illnesses such as cancer. Other key points should be pregnancy, dental, repatriation, and if the policy covers you outside Spain when you visit your home country.

Our neighbours, Ibex insurance do not work with just one medical insurer, they work with a variety of insurers. They have chosen the best the market has to offer aimed specifically at people who live away from their home country for all or part of the year.

These companies include Exeter Family Friendly, IMG/Coversure, Aetna, ALC Healthcare, DKV, Victoria Seguros, AXA PPP, NOW Health and ASSSA. Each company has a range of plans so you can rest assured that they have a plan to cover you and your loved ones at a price you can afford.

For more details contact Jaimy at CC Zenia Golf 17 A, La Zenia, 03189 Orihuela Costa, Alicante

Tel: +34 966 761 575 or +34 966 730 272

Email: orihuela@ibexinsure.com

And finally, a new fabulous offer from our friends next door at La Zenia Travel (Estival Tours):

NEW YEAR AT ROQUETAS DE MAR

NEW YEAR PARTY!
PLAYA CAPRICHO HOTEL 4*
ROQUETAS DE MAR 
PARTY! PARTY! PARTY!

NEW YEAR PARTY WITH FULL GALA DINNER, ENTERTAINMENT AND
FREE BAR UNTIL 3AM!
3 NIGHTS ACCOMMODATION
DINNER, BED AND BREAKFAST
EVENING WEAR REQUIRED FOR NEW YEAR’S EVE

TRANSFER TO AND FROM LA ZENIA/TORREVIEJA & SURROUNDING AREAS, INCLUDED

299€ PER PERSON*
*SINGLE SUPPLEMENT 35€

Tlf: 966 761 492 - Fax: 966 730 222 Email: orihuelacosta@estivaltour.comwww.lazeniatravel.com

The team :
Poli Borisova
Ana Maria Barbadora
Eva G. Gilmartin
Lynne Henderson
Helena Labarta
Angie Real
Silvia Sanchez
Amanda Thomas Editor: Amanda Thomas, Spanish Solutions
sales@spanishsolutions.net

00 34 966761741   Visit us online at www.spanishsolutions.net

Whilst at the Notary doing Wills or Notarised documents (many clients like to arrange for an official Notarised copy of their passport, or driving licence) there is often time for our staff to chat with clients.
The other day one of our clients kindly told this story to Silvia and we´d like to share it with you.

The Green Box

Jim McArthur was a TEC Australia member. His father John was also a TEC member. John called his son Jim to let him know that he’d be flying to New Zealand the following day to try to close an important business deal. Jim, a pilot in the Air Guard Reserves warned his father that potential Typhoons could make travel hazardous. John laughed and reminded Jim that if anything tragic happened, to remember to get the “Green Box” out of the closet in his bedroom.

The next day, John was killed when his plane crashed into the side of a mountain on the north island in very low visibility. Several days after the funeral, he remembered his father’s words about the Green Box.

He called his mother and they brought the Green Box to the family attorney. Inside, they found 28 envelopes. Here are the labels on the envelopes:

Letter to my Wife

Letter to each child (3)

Letter to the employees

Letter to my mother

List of most important 5 employees in the company & their strengths/weaknesses

Off balance sheet deals

Organisational Chart

Details of any company trusts

List of personal and business people that should be contacted in the event of passing

Deals in process and evaluation of them

Strategy that I am thinking about but haven’t told anybody about

List of Trusted Advisors and their roles (may or may not be currently working with company) such as attorney, accountant,

Instructions not addressed in Will

Copies of POA documents

Copy of Passport, Birth Certificate

Copy of all credit cards

Copy of physical property titles

Personal stock portfolio information

Details of Life insurance and of all other insurance

Copies of personal property valuations

Computer passwords

Personal financial Statement

Extra passport photos

Medical/Dental Charts

Funeral/Burial Instructions

Mementos and to whom I’d like them given
We think this is a great story and shows how thorough some people can be! Although we certainly don´t think that most people would go this extent, we do recommend that you keep notarised copies of your passport in your car (we can arrange this and just need the document to be brought to the office and we charge 10€ to go to the Notary to do this).
Mr McArthur went way beyond simply leaving instructions of where his Will was! But let us remind you that if you are a UK or Irish resident you are able, unlike the Spanish or residents of other countries, to decide who inherits your property.
If you die without making a Spanish Will, intestate, then the law of the home country will usually prevail and Probate, or Letters of Administration, (if there is no Will in the home country), will be applied for in the Home Country, then need to be translated to Spanish. Contact Amanda onsales@spanishsolutions.netfor further details on how to make a Spanish Will or with any queries. We charge 150€ for a Will or 280€ for two.

TORREVIEJA – The SALTLAKES

As many of you know, Torrevieja is surrounded by two large and beautiful natural salt water lakes which form the “Salinas de Torrevieja” and are an official Spanish nature reserve. The la Mata salt lake was declared an important area for birdlife in 1989 and the whole area was declared a Natural Park in 1996. The history of the salt lakes goes back many years to the 13^thCentury and they are the oldest and biggest salt lakes in Europe.
The Torrevieja lake is still in production today but there is no longer salt produced at La Mata. There is very little vegetation in the salt lakes due to high level of salinity, although there are some rush beds mainly in the La Mata lake which are home to rush bed loving bird species. The lakes are an important area for birdlife and there are over 200 species that visit the area including flamingoes, avocets, zapullines, plovers, stilts and grebe.
There is a tourist information office close to the N332 at La Mata with leaflets and information about the salt lakes and there are two distinct and well signposted routes (one for walking and one for walking or cycling).
Torrevieja itself now has a Salt Museum located across the road from the old RENFE Station and Natural History Museum. The centre offers an overview of Torrevieja’s salt industry and its history. In the centre you can see for yourself what industrial salt looks and feels like, images of the salt lake, an overview of the extraction process and topics such the formation of the salt harvesting, mining, and technology.
Last Winter´s harsh weather and abundance of snow in Northern Europe and even around Spain, has led to a change in fortunes for Torrevieja’s most valuable natural, commercial resource, Salt. While the majority of the city’s income is due to the influx of tourists who enjoy the clean air, sun, sea and sand, the major manufacturing in the city remains as it was in Roman times. Salt then was actually a currency.
Salt production this year has apparently increased by 15%, up from 600,000 tons in 2010, to 700,000 tons this year.

The salt process begins with the entry of the sea water into the lagoon of La Mata, where because of the evaporation caused by the sun and wind, it becomes heated and concentrated. From this lagoon it is transferred to the Torrevieja lagoon, where it is mixed with the brine which has come from the underground salt deposit in Pinoso, that consists of five wells into which high pressure water is injected which then results in the salt dissolving. The resulting brine is carried by a 50 kilometre long pipeline to the Torrevieja lagoon where it mixes with the brine already there, which has come from the La Mata lagoon.

What most can see from afar are the process of when the salt is piled up in large heaps of about 20 metres in height, called ‘garberas’ or Salt hills. This is then perfectly suitable for any use for which it is required: de-icing roads, decalcifying water, chemical industry, food industry etc. and can be used no matter how old it may be.
It is well worth a visit to the museum and to the lake of La Mata, where you are sure to get some beautiful photographs.

TAXES

We still get emails which show that there is confusion over taxes, so I will try to explain in the following a bit more about taxes in Spain.
For people who are renting here and thinking of buying a property, what sort of annual taxes are they looking at paying?
When someone buys a property in Spain, they currently pay a one off 7% Transfer tax to the government.
With regard to taxes annually, firstly, there is the local tax known as IBI orSUMA (as this is the name of the collecting agency) . This paid to the local Town Hall once a year.
This tax is charged to cover expenses such as maintenance of local facilities, parks and leisure areas and all kinds of infrastructure provided by the Town Hall. Often people buying don’t realise that charges are also made by the Community of Property Owners which manage the maintenance of the communal elements of urbanisations, e.g. the swimming pool, green areas, stairways, lifts etc. Obviously this does not apply everywhere and is not a tax, but it is a charge people need to remember.
If we are talking about someone who has moved to Spain and is resident or spends the majority of their time here (so for more than 183 days in one calendar year even if they are not consecutive), then they become legally liable to be charged Spanish Income Tax as a Fiscal Resident.
As a Fiscal Resident then someone pays two annual types of taxes, the IBI I mentioned before and Residents Income tax , which is calculated on worldwide income. However, Spain has Double Taxation agreements with many countries – which ensure that you do not pay tax on the same income in both Spain and your home country.
You can still be making a Residents Income tax return, but be paying taxes elsewhere and not be a fiscal resident of Spain. You are not a fiscal resident unless you have been issued with the appropriate fiscal residency certificate by the Tax Authorities and then you are declaring all income here and preventing double taxation.
We have a tax expert and definitely recommend a resident has a discussion regarding their individual situation as they are always different.
Non Residents
If someone owns a property in Spain but is still a UK resident, what are their tax obligations?
In Spain, if you have a property it is automatically considered as a type of income and all owners named on the Title Deed should present an annual declaration for each property owned. Often people are unaware of this and if they don´t pay, they will eventually be caught up with and will end up paying fines.
The Non Residents Income Tax is based on your property and is in addition to SUMA I just mentionned. It doesn´t relate to income tax on wages or pensions, just property ownership. Again, it is calculated again on the rateable value of the property. We make these calculations and present the returns for our clients.
If an owner decides to rent out their property for the time that they are not using it, are there taxes to pay on the income?
Yes, they also need to pay a rental income tax for any rental income received. The income to be declared in this case is the total amount collected from the tenant, without deducting any expenses. A tax form should be sent after the termination of every rental agreement, in addition to the yearly declaration of income.
What taxes are payable when a house is sold in order to buy a different house in Spain?
Sellers of Spanish property can possibly have 2 types of taxes to pay. Capital gains tax on any profits from the sale and Plusvalia, which is a tax from Town Halls, collected as a result of change of ownership of land. It is charged on the increase in an official set of values for the property and the amount can vary depending on the amount of time passed between sales. Both taxes are actually quite similar in theory.
As a fiscal resident you should not have to pay any capital gains tax in Spain if you are re-investing everything in another property which will act as your main residence. It is important to be able to demonstrate that you are a fiscal resident through having completed your tax declaration forms. As a resident, but not having paid taxes or made returns and having been a fiscal resident you may still have to pay the CGT.
What taxes are payable when a house in Spain is sold in order for the owner to relocate to the UK or any other country?
If you are non resident or going to be, you are likely to have to pay Capital Gains Tax of 19% on the profit from the sale of your property.
The Spanish Tax Agency requires that a buyer from a non resident withholds 3% of the price immediately and pays it directly to the Tax Agency. Following the sale, the seller makes a declaration on the profit there has been between buying and selling. If there is no profit, or very little, the sellers can reclaim the 3% withheld or the difference due to them, alternatively there may be tax to pay of up to 19% in total.
For the non resident sellers trying to reclaim any of the 3% withheld, this will only be considered when they have kept up to date with the non resident tax returns which are obligatory for home owners.
Very few people enjoy discussing taxes or charges, but if you have friendly, professional clear advice and know where you are, it makes matters so much better in the long run.
We provide consultations by appointment free of charge and are always happy to help. Contact Poli on info@spanishsolutions.net.

Comaskey Properties

We have mentioned many friends during our newsletters but I don´t think I have actually written an article on why to buy or sell your property through Comaskey Properties (some of you have I know).
Since 2002 they have been leading in property sales on the Southern Costa Blanca. Very few agents have the experience and good reputation that they have established and very few clients see the variety of property that they have on their books when they visit other other agents. They also offer long term and shorter term rental properties.
By using a professional estate agent rather than non registered agents or trying to negotiate privately, clients often avoid losing deposits, paying to much, receive help with legal and financial matters, additional advice and have the safety net of someone to talk to should something go wrong, no matter how small.
They are currently offering that if you recommend a friend to buy from them, they will send you and a friend on a free ALL INCLUSIVE CRUISE.
To clarify:

• The Cruise is for two people.
• It really is free.
• They do not add the cost on to your friends house purchase.
• It is all inclusive.
• You do not have to be an estate agent.
• You pick the dates and itinerary. There are three itinerary options.
• They cannot back date it.
• Yes, it is as good an offer as it sounds.

They emphasise that importantly, it goes without saying, that they´ll take care of your friend too before during and after their purchase with their usual expertise and professionalism. Contact tracie@comaskey.com.

OCTOBER BANK HOLIDAYS

October 9th 2010
Day of the Valencia region / Día de la Comunidad Valenciana
This is a regional fiesta just for the community of Valencia.
October 12th 2010
Spain day / Día Nacional de España
This a day for the Spanish to celebrate their nationality.

Financials Trust.

We thought that would let you know that Comaskey Properties have opened a new financial services division, Financials Trust, operating from their offices at La Zenia. Financials Trust have brought together a number of financial services – including Mortgages, Currency Exchange, Pensions, Investments and Management Accounting Services – to provide clients with clear advice and practical solutions to their financial worries.

One of the most requested pension products today is QROPS? But what is it? With QROPS, Qualifying Regional Overseas Pension Schemes, you can move your pension out of the UK, and enjoy a range of benefits, for example:

- Immediate lump sum payment

- Greater investment choices

- Tax efficiencies

In addition, it is often wise to have a consultation when in Spain regarding your pensions, particularly if you have company pensions that you have not taken  or are coming close to retirement. There may be things that you should be doing to maximise your pension arrangements but would never realise.  Email Claire on info@financialstrust.com for an appointment or with any queries.

Whether you are buying / selling property, making regular transfers abroad, or simply purchasing spending money for your travels, their Foreign Exchange partners enable them to access the best rates available, and there are no fees or commissions to pay. They can arrange one-off transfers, regular payments between accounts and even FX Cards – great for holidays and travels. And for large value transactions, you will be offered advice on the best timing of your transaction.

With interest rates remaining historically low, and home prices at the 2001 level, now is a good time to think about a mortgage and buying property in Spain. They have developed relationships with several High Street Banks in Spain, and can negotiate finance of up to 80%. They will advise you about the availability of mortgage products from Spanish Banks, and tell you exactly what you need to provide, in order to secure your mortgage.

To arrange a consultation to discuss your investment, currency or mortgage requirements, and for more information about the services they can offer you, please visit their website www.financialstrust.com, or give Claire a call on 960 652 117

Sandwich shop for lease

Comaskeys also have an interesting commercial this month across the road from us if you’d like to see our happy smiling faces every day!
If you are looking for a new venture, and particularly if you have some relevant experience, this could be for you. Sam Widges, (The Sandwich Stop) is available for lease or sale.
This potential gold mine is ideally located on the always busy Paddy’s Point lane and would perfectly suit a semi retired couple.
The unit is relatively small and ideally suited to those with previous experience to sell high margin, quick turn around products such as bagels, wraps, cakes, coffees and quality sandwiches for eat-in or take away. It has indoor and outdoor seating. Rent is 1,350 euro per month with negotiable key money and sale price is 250,000 euro.
E-mail Ian for details…. property@comaskey.com

TRAVEL OFFER

MARBELLA – 06 November 2011

From just 189€ per person for 4 days / 3 nights half board accommodation and also

• Guided Walking Tour in English in the Historic Centre plus lunch
• Entrance into Picasso Museum
• Optional Excursion Shopping in Gibraltar with English speaking Guide
• Coach Travel Included from La Zenia/Pilar de la Horadada

Tlf:  966 761 492 - Fax: 966 730 222 Email: orihuelacosta@estivaltour.com  www.lazeniatravel.com

The team :
Poli Borisova
Ana Maria Barbadora
Eva G. Gilmartin
Lynne Henderson
Helena Labarta
Angie Real
Silvia Sanchez
Amanda Thomas Editor: Amanda Thomas, Spanish Solutions
sales@spanishsolutions.net

00 34 966761741   Visit us online at www.spanishsolutions.net

Spanish General Elections

The Spanish Prime Minister José Luis Zapatero has announced that Spain will go to the polls on November 20^th this year, breaking his pledge to stay in power until March 2011, a date on which he would have completed two full terms in office.

During the regional and municipal elections in May the PP absolutely wiped the floor with the PSOE and the latest polls indicate that the pattern may be repeated during the national elections. El País has put the PP at 14% lead over the socialists, giving them 44.8% of the vote, as opposed to 30.8%.

Prime Minister Zapatero will not be standing himself in the next elections, Alferedo Peréz Rubalcaba, the former Miniter of Interior who resigned from the government recently to focus on his own electoral campaign to become the party leader picked up the reins for the socialist candidacy.

Whoever wins faces a difficult task ahead. Although the International Monetary Fund published encouraging words about the economic steps taken to combat the current economic crisis, it noted that ” Spain is not out of the danger zone” and also said that “Many of the imbalances and structural weaknesses accumulated during the boom remain to be fully addressed. Rubalcaba will be fighting against the PP´s Mariano Rajoy.

Carthaginians and Romans Fiesta

 From Sep 16, 2011 to Sep 25, 2011

This very special fiesta commemorates the capture of the city in 209 BC by the Roman troops of Escipion, marking a festive week in which alternate days are devoted to one or the other band of the “Romans or the people of Cartagena , who dress up in costume, looking like they stepped straight off a film set.The wedding of Hannial and Himilce or the day of the Roman Circus, with its gladiators and wild animals, lead into the great parade on Saturday, the big day of the fiesta, when all the troops and legions march through the city and perform a mock battle on the field below the castle walls complete with sound and light effects. As fiestas go, this is one with with much pomp and ceremony, the usual tapas, wine and beer, sweets for the children, laughter and fun. It is a great spectacle and definitly worth a visit.
http://www.cartaginesesyromanos.es/

Title Deeds Insurance

 Many of the clients who have used us as their lawyers for the purchase of their property in Spain in recent years know about title deeds insurance, but for those of you who don´t we can arrange this very useful protection cover for you through the large insurance company Caser, who speak and produce documentation in English.

Title deeds insurance is a 20 year legal protection relating to your property in Spain that can be purchased for a one-off premium of 294 euros.

The insurance covers fraud (including document forgery), fraudulent transactions relating to your property, border disputes, demolition orders, compulsory purchase, legal claims against your property, community disputes and other types of financial and legal problems that could arise in 20 years of owning a property.

Please email Amanda on sales@spanishsolutions.net if you would like further information regarding this useful insurance protection.

CAR ISSUES- Practical Advice

 We have heard of someone who sold their car privately in Spain and gave their car documents to the buyer who said he would get the car ownership transfer sorted. Now many months later, they have noticed that the SUMA (annual car tax for the car) has come out of their bank account and have realised that the car ownership transfer has not been done.

They couldn´t find the details of the person they sold it to and didn´t know what to do. If you should know of anyone that this happens to, the advice that you need to give them, if they are absolutely sure that the transfer is never going to be done, is that they need to go the police and report the car as stolen as otherwise the previous owner will continue to have to pay the SUMA each year and also be responsible for any fines incurred by driver of the vehicle.

If you require any assistance with car issues please contact Helena onfrontdesk@spanishsolutions.net or Amanda on sales@spanishsolutions.net

Renting Out your Spanish Property

As many property owners are considering renting out their property in Spain in order to generate a little income to cover their ownership expenses and pay for their trips to Spain etc., we thought we should draw your attention towards the main points that you should remember in relation to this:

·         In Spain the law in very based towards the tenant. The law that relates to renting out property is “La Ley de Arrendamiento Urbanos” – 29/1994, November 24^th

·         It is recommended to have a rental contract with the identity of the landlord and the tenants, the address of the property, the duration of the rental property, and the amount of the rent

·         A deposit should be taken, equal to one month´s rent and refundable at the end of the contract

·         With regard to the duration of the contract – this can be mutually agreed between both parties but Spanish law dictates that after one year has passed, annual renewal of the contract is obligatory up to a minimum of 5 years.

·         For this reason many contracts are usually for 11 months initially. The contract can then only be cancelled in the event that the tenant gives 30 days prior notice of cancellation or that the landlord requires the return of the property for his own use as a permanent home

·         If the contract is 5 years or more, then if neither party gives 30 days prior notice of cancellation the contract can be extended a further year up to a maximum of 3 years.

·         Payment of utilities and council tax and community fees are generally decided at the outset, and agreed between both parties and included in the contract.

·         Repairs and Building Works:

According to the law, the landlord is responsible for any necessary repairs to the property to keep it habitable but not if the damage is caused by the tenant. In turn the tenant is responsible for informing the landlord of any damage. If the damage is serious and needs urgent repair then the tenant can undertake this, then request payment from the landlord.

Small day to day repairs are the responsibility of the tenant and as the law does not stipulate what a small repair is, it is advisable to stipulate a maximum cost in the contract.

Building works to modify the property must be authorised by the landlord. It is sensible to attach an inventory of furniture and fittings to the contract.

If you are considering renting out your property you should be aware that depending on whether you are non resident or resident in Spain, income derived from renting is taxed differently. If you have any queries regarding your tax affairs contact Poli on info@spanishsolutions.net.

Spanish Solutions regularly prepare rental contacts (in Spanish and English). If you would like a quotation, please contact Helena on frontdesk@spanishsolutions.net

We are also able to introduce you to local property agents who deal with long term rentals of properties or sale of properties should you wish to discuss this with someone. Contact Amanda on sales@spanishsolutions.net

Olive Farm Wanted

Maybe it´s everyone´s dream, but we actually do have a client who wants to buy an olive farm with 50 to 100 hectares of land and possibly a farmhouse (but this is not essential).

If you know anyone interested in selling, please let Amanda know onsales@spanishsolutions.net.

Raise the Roof Kenya

One of my colleagues had the idea that we should draw your attention to a charity every so often. A little while ago in Spain I met a close friend´s young niece who was visiting, who is attempting a trek up Mount Kenya in December for Raise the Roof Kenya.

Her friend, Holly Bantleman, set off on a “round the world” trip for a year. ‘Raise the Roof’ began after her experiences in Kenya and in particular, after visiting a village on a dump site, called ‘London’ in the town of Nakuru, Kenya, which came about after the 2007/2009 electoral violence in which so many people were displaced.

Over 250 people, many children, set up camp on the landfill, and found themselves with no means of escape, surviving on other peoples waste. The idea behind the ‘Raise the Roof’ project was to initially raise the money to buy tin roofing for the more than 250 people living on the landfill, without food or shelter and to eventually provide a long term solution for their plight.

This year, she was able to provide the roofing that gave shelter to many needy homes. ‘Raise the Roof’ works towards building sustainable lives and providing an independent future for these people living basically on a rubbish tip. Faye and Holly (only in their 20´s) are doing such worthwhile things with their young lives to help people. What an extreme contrast to the rioters that we have seen in the UK…

Take a look at: www.raisetheroofkenya.com  To donate, go to the Fundraising page and there is a donate button

Amanda

ON-LINE GROCERY SHOPPING

For those of you who are super organised (not me), and like the idea of planning ahead and having a delivery organized for the morning after you arrived, or don´t have a car, did you know… some supermarkets do online shopping and delivery?

Mercadona have an online shopping site (it’s in English too). You are charged 7.21€ but there is no minimum order fee.
www.mercadona.es

Carrefour have online shopping which includes food as well as all their household goods. It’s in Spanish but could perhaps be a godsend especially in the summer.
www.carrefour.es

Eroski have online shopping in Spanish and Englishwww.compraonline.grupoeroski.com

Masymas will arrange a free home delivery for orders over 60€ www.masymas.es

Latest news

There has been an unexpected reduction in VAT on the purchase of new properties in Spain with effect from 19 August 2011. The Spanish Government has announced a reduction in IVA (the Spanish equivalent of VAT) on new properties from 8% to 4%. This measure has been put into place in order to stimulate the construction sector. The reduction is only temporary and is scheduled to last for the next 4 months. This reduction means that people buying new properties could save thousands of pounds in taxes alone on a purchase!

Travel Deals

This month they have 2 for 1! Special All-Inclusive Offer!

Athens to Istanbul or Istanbul to Athens departing on 24th & 31st October and 7 November 7 nights, all inclusive of drinks and taxes from just 526€ per person, and includes one nights in Athens & Istanbul plus 5 nights on board the Grand Celebration. Visiting Athens, Crete, Santorini, Mykonos, Rhodes, Efeso andIstanbul!

Flights, taxes and airport transfers included! Must be booked before 31st August.

And Dominican Republic – Puerto Plata – 27th September flights + transfers + insurance + taxes + 7 nights

All Inclusive 5* Be Live Grand Marien or Grand Carey from just 789€ per person!

Tlf: 966 761 492 - Fax: 966 730 222 Email: orihuelacosta@estivaltour.comwww.lazeniatravel.com

 The team :
Poli Borisova
Ana Maria Barbadora
Eva G. Gilmartin
Lynne Henderson
Helena Labarta
Angie Real
Silvia Sanchez
Amanda Thomas

sales@spanishsolutions.net 00 34 966761741   Visit us online atwww.spanishsolutions.net

BUILDING LICENCES FOR EXTENSIONS

 & HOME ALTERATIONS

Before you alter your property in any way at all you should first check if anything is written on the subject in your Title Deeds (Escritura).

Depending on the alterations or improvements you intend to make, you may have to discuss your plans with your Community of Owners and obtain their permission. Then you may need official permission. These permissions must be obtained before any work is started. Do check that official permits are necessary for what you intend to do. In some areas heavy fines are issued for non-licensed work.

There are two types of building licences:

- a Licencia de Obra Menor (Minor Works Licence) is required for most home improvement projects, including those of a DIY nature, on the existing premises (improvements which do not result in an increase of space or rooms).

- a Licencia de Obra Mayor (Major Works Licence) is required for any project which extends or changes the useful volume of the property or its surface area (extensions and additions of any kind, including putting a bathroom into an existing space).

Any alterations have to be documented – you apply for the relevant licence form (solicitud) at the Planning office (Urbanismo) of the Town Hall. If you do not do this you will find yourself in a difficult situation when you come to sell your property, the new details of which will not match with those written on your Title Deeds.

What is the procedure when the building work is finished?

Once the extension has been completed the new description of the property must be declared before the Notary Public and then inscribed at the Land Registry. This procedure has to be done any time before the sale or mortgaging of the property even on the date,or just before, completion.

How can the extension be declared at the Notary and then registered?

Various documents must be presented to the Notary to enable him or her to check the legality of the build and if it’s description actually coincides with the reality of what has been built. One of the key documents controlling this is the architect’s certificate, known as the Final Building Certificate, and this must be signed by the architect, the signature being witnessed and authenticated by the Notary.

In signing the certificate beforehand or appearing personally at the signing of the New Build Deed the architect declares that the building work has been completed according to the original plans which secured the licence from the Town Hall.

Please make an appointment to come and see us if you have any plans to make alterations to your property and we will help you throughout the process.

IBEX INSURANCE ESTABLISHES OFFICES

IN ORIHUELA COSTA

We are pleased to let you know that Ibex Insurance is now operating from the offices of local estate agents, Comaskey Properties, La Zenia.

They believe that people are all too easily led by price in this day and age, and although that’s fine at the outset, if you need to make a claim or report an accident in the future, you need excellent customer service and accessibility.

Will you be able to pop into an office and speak to a member of staff or do you have to call a number in Madrid and wait till an operator is free to speak with you (probably only in Spanish)?

With 14 offices in Portugal and Spain, all English and Spanish speaking, as well as an efficient claims handling service Ibex can also offer you good customer service and easy payment options, such as installment payments for motor and home over three months.

They offer competitive rates on motor, home, marine, travel, pet and health insurance. Under written by Lloyds of London, Ibex is the leading expatriate insurance company in Spain.

Here at Spanish Solutions, we are always still happy to help you with obtaining insurance quotes, and will happily contact Ibex on your behalf, however, if you would like to contact them directly, speak to Jaimy or Alison.

Ibex Insurance Centro Comerical Zenia Golf, 17a, (the Comaskey Properties office) La Zenia, Orihuela Costa, open from 9.30am to 5.30pm Monday to Friday. Or call them on 966 761 575 / 966 730 272 orihuela@ibexinsure.com.

After all it can’t hurt to find out more, but it can hurt to find out you have the wrong cover! If you call in for a free quote and mention to Jaimy or Alison the Spanish Solutions newsletter, you can enter a raffle to win a mini break weekend!!

CAR PAPERWORK

Worried about driving with IRISH OR BRITISH car number plates?

Did you know that you could incur a fine of up to €6,000 if Resident and from €1,500 if not, plus the car may be impounded? We can change your plates over to Spanish ones.

We need your log book, passport and NIE (all originals). We charge 550€ (which excludes road tax, headlights if they need to be changed, and import tax or baja consular).

Don´t forget that we also arrange:

·         Change of Ownership of cars and motorbikes (150€ plus taxes)

·         Renewal or change of UK or EU drivers licence to Spanish (160€ including taxes)

·         Debt checks (30€) and

·         Change of address on log books (50€ incl taxes), which is essential to do if you move house.

Please contact us on 00 34 966976741 or sales@spanishsolutions.net with any queries or for any assistance.

PARAMOUNT THEME PARK UPDATE

Since the presentation of the conceptual project of the Paramount Theme Park on March 25^th, estate agents have been waiting with baited breath for the news that investment funds have been secured and construction can begin, but although there have been rumours, no formal announcement has yet been made to confirm that investment has been secured.

We understand that a Russian investor, thought to be Oleg Boyko, a Forbes listed billionaire that owns Ritzio Entertainment, which operates over 1000 Entertainment venues across Russia, Latin America and Europe, has just visited the area and looked at the park site.

One of the first possible sources of revenue for the park discussed in the early days of the project was that this had the possibility to attract a casino investor, Russia being the obvious source of investment for this. It´s a logical entertainment partner, and Ritzio are keen to expand further into Europe as gaming controls within Russia are being tightened apparently.

The regional government remains convinced that this project would never have been feasible without the new Corvera airport which is just 15 minutes drive away. The airport could carry as many as three million visitors per year.

Let´s hope the ball starts rolling shortly…

THE GOLF ACADEMY OF LEE WESTWOOD

 COMES TO THE LA MANGA CLUB

The world number one in the golf world has designed a five-day programme which includes physical and psychological training to help young hopefuls succeed in the world of golf. The GolfAcademy at La Manga Club will be the first place to host the LeeWestwoodSchool outside the United Kingdom. 

The academy, which will run from 1st to 5th and the 8th to the 12th August puts the children into two categories, 7-12 years old and 12-16 years. The programme, which lasts 5 days, for 2 hours per day, includes a comprehensive training, exercise, and nutrition schedule, and even includes psychological counselling, to help young athletes become fully balanced in all aspects of the sport.

Westwood Academy Price € 300 per child not staying at La Manga.

Information and reservations : Tel: 968 17 5577 Email: reserve@lamangaclub.com

NON RESIDENT TAX

Many of you know that it is law that all non residents that have a property in Spain pay Income Tax.

The Income tax is based on the supposed rental income that your property would generate. Even though you may not rent out your property or make any income from it, it is still an obligatory tax. The deadline for payment of this tax is 31st December 2011 for the year of 2010.

However, we kindly advise our clients that we require payments to be done before 1st December in order to present taxes in time. If we have done your taxes previously we will be contacting you with the figures for 2010.

If you would like our assistance with preparing non resident home owner tax returns, please contact Poli on info@spanishsolutions.net.

Wineries in Jumilla

Located in the region Murcia, Jumilla is known as one of the “value” wine regions of the world. You can purchase many wines from this region that compare in quality to most wines that are much more expensive from other regions around the world. The town of Jumilla is approx. 88 km from San Javier airport and the area has a wine route and many bodegas that offer tours and tastings.

The tourist office details are :

Tourist Information Office:
Plaza del Rollo 1,
30520 Jumilla
Opening hours:
Monday – Friday: 09.00 – 14.00 and 17.00 – 19.00
Festival time and Saturdays and Sundays: 10.30 – 14.00
www.jumilla.org/

If you visit the page “Ruta del Vino” you will find a list of the bodegas and their opening times and webpages.http://www.jumilla.org/turismo/RutaVino.asp

So if you fancy an adventure, do have a drive out and enjoy visiting some classic Spanish bodegas…

Finally, if you do want to get away, many of you mentioned it was good to see a holiday offer last month from our next door neighbours, La Zenia Travel Agency (Estival Tours).

This month, they have 7 nights in the capital city of Fira on the stunning Greek island of Santorini from just 899€ per person. This includes flights, accomodation in bed and breakfast, plus airport transfers.

Tlf: 966 761 492 – Fax: 966 730 222 Email:orihuelacosta@estivaltour.com www.lazeniatravel.com

A bit closer to home: – for details of what’s on at the beautiful new concert hall in Torrevieja and the theatre in August seewww.torreviejacultural.com

The team :
Poli Borisova
Ana Maria Barbadora Fernandez
Eva G. Gilmartin
Lynne Henderson
Angie Real
Silvia Sanchez
Amanda Thomas

And last but not least all of us at Spanish Solutions would like to congratulate Lynne and Ian on the arrival of baby Finn!

Editor: Amanda Thomas, Spanish Solutions
sales@spanishsolutions.net

00 34 966761741   Visit us online at www.spanishsolutions.net

SPECIAL OFFER FOR OCTOBER FROM ZENITH HOTELS> AND LA ZENIA TRAVEL AGENCY (ESTIVAL TOURS)

HOTEL CABO DE GATA SUITES AND SPA **** ALMERIA AREA, SITUATED ON THE BEACH AND NEXT TO THE CABO DE GATA NATURAL PARK AND ALBORAL-EL TOYO GOLF COURSE

WINE AND WATER INCLUDED AT MEALS TRANSPORT INCLUDED FROM TORREVIEJA AND LA ZENIA AREAS

FROM JUST 169€ PER PERSON FULL BOARD FOR 5 NIGHTS

Viajes Estival Tour – Orihuela Costa

Tlf: 966 761 492 – Fax: 966 730 222

Email: orihuelacosta@estivaltour.com

To receive amazing special offers from La Zenia Travel Agency please visit www.lazeniatravel.com and signup for their newsletter!

. THE TEAM :
POLI BORISOVA
ANA MARIA BARBADORA FERNANDEZ
EVA G. GILMARTIN
LYNNE HENDERSON
ANGIE REAL
SILVIA SANCHEZ
AMANDA THOMAS

Editor: Amanda Thomas, Spanish Solutions
sales@spanishsolutions.net