Do you own your property jointly with your spouse, friend, partner or anyone and wish to change this situation? Many clients have asked about this over the year. Changing the ownership of a property does not always have to be done as a purchase of a share and a sale of a share. There is a way of dividing joint... Read more »
Inheritance Tax in Spain
We’ve recently bought our house and have been advised that we need a Spanish Will. However, what is the position with regard to inheritance tax? Wills We would definitely advise you to make a Spanish Will as otherwise getting an Irish or British Will recognised in Spain will only incur expense, frustration and delays to your beneficiaries, as they would... Read more »
Torrevieja – The Salt Lakes
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... Read more »
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)... Read more »
Changing the Ownership of a Joint Property. Questions and Answers.
Q. My aunt bought a property in Spain with her partner 5 years ago; he died 3 years ago. In the partner’s Will, he left the property share to her, but we have done nothing to change the joint ownership? Can my aunt sell the property now? A. Your aunt cannot sell what is not hers. She has to organise... Read more »
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... Read more »
Currency Exchange
Currency exchange is important. Whether you are in the process of buying an overseas property, or you have already made the purchase, you may need to make a number of overseas payments. Timing is crucial when you are exchanging large amounts of currency, And trading at the right time will mean your money goes a lot further. Types of Transfers... Read more »
Costa Blanca (South) Shopping Centres
When the beach gets too hot for you and you feel like some shopping therapy… head for the shops at… – Habaneras, Avenida de Rosa Mazon Valero, Torrevieja, Alicante http://www.habaneras.es– Nueva Condomina, Autovía A7, Km. 760, Churra, Murcia http://www.ccnuevacondomina.com– L’Aljub, calle Jacarilla, Elche, http://www.cclaljub.com– Thader Centro Commercial, Avda. Juan de Borbón, Churra, Murcia http://www.thader.net– Gran Via shopping centre, Jose Garcia Selles 2, Carolinas, Alicante... Read more »
Spanish Solutions help “Builder Mortgage” victims
In October 2013 a client was introduced to our company by a local newspaper as despite having paid in full for his house, and unbeknown to him for many years, the deeds were not transferred into his name, and the property developer that built it had a large mortgage on it. He could not pay off the mortgage and was... Read more »
Power of Attorney
This is the process whereby you nominate someone to transact on your behalf, for example to buy or sell houses, open bank accounts and sign documents. This can be between partners and on a reciprocal basis, giving both equal rights to effect transactions on behalf of each other. Also, this can be arranged for a third party, meaning that the... Read more »