Should I make a Spanish will?
Last updated on March 19th, 2020 at 01:34 pm. Now, we interview our expert, María Wiedemann, from our Legal Department to find out just what the advantages are of making a will in Spain and what the disadvantages can be, if you don’t. Maria Wiedemann has been helping foreigners in Spain protect their assets for […]
Read moreWhat you can and can’t be taxed on in spain
Last updated on April 30th, 2020 at 05:33 pm. One thing you will soon become familiar with if you spend time in Spain are the range and variety of taxes. Most of them are the same as you would expect in your home country. However, one or two might take you by surprise. Like all […]
Read moreThinking ahead when it comes to inheritance
Last updated on March 19th, 2020 at 01:34 pm. It’s not a subject that we like to talk about. However, not preparing for when you die can leave those you love with additional arrangements to make. Ábaco’s Inheritance Planning Pack can help answer those difficult questions and prepare for when the time comes. You have […]
Read moreMeet our notary
Last updated on October 28th, 2019 at 03:52 pm. The role of the notary in Spain can be a little confusing to people who are not familiar with the system here. We’d like to introduce you to Doña Tatiana Martín Ruiz, the notary that many Ábaco clients have already had the pleasure of meeting. If […]
Read moreLeaving everything in order
Last updated on March 19th, 2020 at 01:34 pm. If you have property in Spain you will want to have arrangements in place so that everything goes smoothly when you die. It’s a difficult subject, but failing to prepare can leave your inheritors with unexpected inheritance tax bills. We can all be reluctant to make […]
Read moreTen tips for a smooth sale
Last updated on October 28th, 2019 at 03:51 pm. If you have taken the decision to put your Spanish property on the market, we’d like to offer some advice. People can think that solicitors are only useful when you’re buying but sellers need their interests protected too. Most people know that having a solicitor to […]
Read moreImprove your property, but legally
Last updated on October 28th, 2019 at 03:53 pm. Perhaps you’ve got your eye on a bargain, or it’s just time to make some changes to your house in Spain. It’s a good time to refurbish property, just make sure that the Town Hall know what you’re doing too. Jessica Martínez, from our Legal Department, […]
Read moreGet your property rental ready
Last updated on March 17th, 2020 at 02:53 pm. Rental property is in demand and many investors are making their money work for them by purchasing property to rent. It’s important that if you do, you take the time to ensure that legal requirements are met. In this article Susan Partridge from our Fiscal Department […]
Read moreExecutors in Spain
Last updated on March 19th, 2020 at 01:57 pm. In the UK it is very common to have an executor, ‘albacea’ or ‘contador partidor´, to help ensure that your wishes are carried out when you die. However, in Spain this is much less frequent and executors are only usually named when a will is particularly […]
Read moreOne million euros a month through Airbnb
Last updated on October 28th, 2019 at 03:55 pm. The phenomenon that is Airbnb is proving to be lucrative for those renting out their property in Torrevieja. It is estimated that around 3,153 properties are being rented through the online platform and that there is the potential availability of 250,000 places altogether. In 21 months, from February […]
Read more7 answers to 7 questions making a Spanish will
Last updated on March 19th, 2020 at 02:02 pm. It’s a difficult but very important subject. We recommend to all our clients that at some point they make a Will in Spain, even if they have made provision in their home country. Here we list some frequently asked questions to help you take that step […]
Read moreInheritance claims and power of attorney
Last updated on March 19th, 2020 at 01:59 pm. Could your dreams of enjoying Spain, its climate and lifestyle, be taken over by a series of unfortunate events? We plan for our retirement, we look forward to putting the alarm clock away and then – we’ve all heard the stories, “He had his retirement party […]
Read moreInheritors at different levels
Last updated on March 19th, 2020 at 01:58 pm. In Spain there are different levels of allowance you can receive before inheritance tax must be paid. The allowance is dependent upon the inheritor’s relationship to the deceased. This article provides information about the different inheritance groups. It comes as a surprise to some people. Not […]
Read moreAbandoned property
Last updated on March 19th, 2020 at 01:58 pm. The Spanish inheritance procedure is complicated and the requirement to pay Spanish inheritance tax can make the transfer of property more difficult. Making a Spanish will can help inheritors in the long run. You quite often see them in Spain. Abandoned properties, sometimes in the middle […]
Read moreFour steps to managing your Spanish inheritance
Last updated on March 19th, 2020 at 01:58 pm. You have enough to cope with when someone close to you dies without adding the additional complications that come with managing Spanish inheritance. In this article we suggest four steps you might take if Spanish property has been left to you. When someone close to you […]
Read more5 advantages of investing along the Spanish coast
Last updated on April 3rd, 2020 at 11:29 am. Alicante, Malaga and Valencia are some of the most popular areas for foreigners to buy in for investment purposes. The popularity of purchasing property in Spain continues in spite of some of the political and financial issues that have hit the countries where purchasers typically originate […]
Read moreConsul advice for British citizens in Spain
Last updated on February 19th, 2020 at 01:22 am. On Monday 12th February the British Consul, Sarah-Jane Morris, visited Torrevieja town hall to meet the public and answer questions about Brexit. In this article we share the advice she gave. We are now approaching the second year of preparing for Brexit and those people who […]
Read moreDon’t let your inheritors get caught out
Last updated on March 19th, 2020 at 02:04 pm. When a loved one dies that last thing you want is to struggle settling inheritance issues. Unfortunately, in Spain, the differences in procedures and laws can mean that inheritors have difficulty in managing the inheritance process. One of the surprises that foreigners with property here encounter […]
Read moreMake sure you meet the inheritance deadline
Last updated on March 19th, 2020 at 02:04 pm. When someone close to you dies the last thing you want to have to think about are the legal arrangements. Unfortunately, however great the pain might be, time is already ticking on the inheritance process. Many people who have a property interest in Spain are not […]
Read moreA new urban law that affects rustic properties
Last updated on November 22nd, 2022 at 05:09 pm. Did you know that even minor home improvements and refurbishments need planning permission in Spain? The town hall must give a licence for work to go ahead or you risk a hefty financial penalty. In this article we explain about building licences and what you can […]
Read moreTime frame to complete the Inheritance process in Spain
Last updated on March 19th, 2020 at 02:04 pm. Nobody is really prepared for a bereavement, but unfortunately all legalities need to be completed within a certain time limit. In our country there is no transfer of ownership from deceased to inheritor automatically upon decease, on the contrary in Spain it is necessary to sign […]
Read moreWho lives in Torrevieja 2018?
Last updated on February 19th, 2020 at 01:24 am. The most recent padrón statistics show changes in the local population. We look in more detail at what they tell us and why all residents should be registered. The padrón is the town census which should include the names of all the people who live there. […]
Read moreSome good advice on buying and selling
Last updated on October 28th, 2019 at 04:00 pm. You might have made the decision to buy or sell your property but where do you begin? Whether you are a seasoned Spanish property owner or just setting out, it can be confusing with many people competing for your attention and your money. In this article […]
Read moreDid you miss the non-resident tax declaration deadline?
Last updated on April 30th, 2020 at 05:37 pm. December 31st was the deadline for the non-resident tax declaration. This is the form that every non-resident is required to complete annually. It’s a busy time of year and so it isn’t surprising that it can fall off the list of To-Dos. If this applies to […]
Read morePositive trends for inheritance and donation tax
Last updated on March 19th, 2020 at 02:04 pm. Residents and non-residents inheriting or donating property in Spain used to be treated differently when it came to tax. However, following pressure from the European Commission, a modified law was passed on 28th November 2014. This brought to an end the tax discrimination there had been […]
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