A very recent modification of the Spanish Horizontal Property Law allows the Communities to ban the holiday rental option for the owners.
Many "non residents" are receiveing notifications from Spanish Hacienda (Treasury). This is because Hacienda considers that if you live here more than 183 days/year you must file your taxes in Spain and not in your country of origin. If you are not able to show evidence that you have lived in your country for more than 183 days/year you...
Capital Companies Law states in its 348 bis) article the shareholder right of exit the company (SA / Limited) in case dividends are not distributed for 5 consecutive years.
Some Spanish Banks have developed in the past different kind of illegal procedures against their clients. Especially against mortgage clients.
We do have a translated text to English of the Spanish Condominium Act / Horizontal Property Law. If you want it just let us know. We would send you a copy to your email address.
Summer is near. This is a very typical moment to call Annual General Meetings in owner´s communities.
Many Real Estate owners across Costa del Sol usually rent their properties for short term or long term. Many of them don´t file their Spanish tax returns. They believe that Spanish tax authorities will not discover the fraud. This belief is based on been lucky. Many others believe that, as non residents, it´s difficult for the authorities to...
We recently made a global offer to all the owners in La Finca, a complex inside Los Arqueros Golf & CC Urbanization. If you own a property there, please contact us for more info.
Non residents who own properties in Spain have to face their Tax Duties.
Trump will finally become President with his inauguration on Friday and May makes a key speech on the UK's approach to the Brexit on Tuesday. On Wednesday the Supreme Court could announce its decision on whether or not Parliament has to vote prior to triggering Article 50.