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Finance & Taxes

What to do if you inherit a foreign account?

A death always creates a lot of paperwork, especially if the deceased had a foreign account. Besides the grief, there is a lot of hassle involved. Below, we give you an overview of ...

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Finance & Taxes

Checklist: MORTGAGE APPLICATION IN SPAIN

The time has come, the decision to buy a (second) home in Spain is a fact, or maybe you've already found 'the home'! If you can finance the purchase with your own funds, that is ...

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Finance & Taxes

Buying a Spanish property with or without inventory?

Do you choose to buy with or without inventory? When buying a house in Spain, you are usually given the choice of whether you want to buy the property with or without the existing ...

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Finance & Taxes

WHAT ARE MUNICIPAL TAXES AND WHICH ARE THEY?

Municipal taxes are local taxes collected by municipalities to cover the cost of their administration and public services. There are different types of municipal taxes, both ...

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Finance & Taxes

When does a reduced VAT rate (10%) apply to renovation costs

In the context of home renovation and repair in Spain, the applicable VAT rate varies. While the general rate is 21%, a reduced rate of 10% can be applied under certain conditions. ...

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Finance & Taxes

A Spanish bank account, why do you need one?

Depending on region to region, payments can also be made through foreign bank accounts, but regular Spanish companies and some utility companies do not all accept a direct debit ...

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persoon die kosten uitrekent met rekenmachine en telefoon

Finance & Taxes

ONE-TIME AND PERIODIC COSTS WHEN INVESTING IN SPANISH REAL ESTATE

When you are looking for real estate in Spain, it is obviously important to know what costs are associated with this purchase. In addition to one-time purchase costs, you should ...

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gestor

Finance & Taxes

A GESTOR OR LAWYER IN SPAIN, WHAT IS THE DIFFERENCE?

Spain is notorious for its bureaucracy, but a person who can help you with such processes is a "gestor". The role of the gestor is something typical of Spain. A gestor can make your ...

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twee mensen die een contract tekenen

Finance & Taxes

Why a split purchase of real estate in Spain can work to your advantage

There are various options for purchasing a property: privately, through a company, in joint ownership, via a split purchase… A split purchase means, for example, that the parents ...

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