If I sell my property, do I have to pay tax? Capital gains

At Agote Diez & Asociados we receive many queries about the fiscal consequences of conveying property.  From the seller’s viewpoint there are two types of tax in play: municipal wealth tax and capital gains, which is declared with Income Tax – IRPF for residents, IRNR in the case of non-residents.
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What are the tax advantages to rent my property as permanent address?

We receive many queries from clients worried about their homes because of alarm in the media.  We often hear debates and news in the media about squatters and the lack of rental accommodation.  Because of this, clients often feel safer renting their properties to companies, as they believe they are a safer bet financially.  However, […]
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Connect & Grow Business Lunch at Mirabona

Last Friday, 8th September, Dr. Helen Cummins – https://www.helencummins.com – organized her monthly Networking lunch for island businesspeople at the Mirabona restaurant, which our lawyer Marta Mugica had the pleasure of attending.
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Nomad visa or residence permit for digital nomads

As for digital nomads – remote workers – Act 28/2022 of 21st December allows them to enter and remain in Spain for financial reasons if they can prove that they are international teleworkers.  This means that those who are not citizens of an EU country – those who are enjoy freedom of movement – can apply for a 3-year residence permit (which can be extended for a further 2 years) if they meet the requirements and with the added bonus of a resolution period of only 20 working days.
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The new regulation of inheritance agreements in the Balearic Islands.

With today's average life expectancy of 83 years, it is not the same for descendants to receive assets from their parents or grandparents when they are most welcome, i.e. during a person's stage of economic development, as when they are already enjoying a comfortable retirement.  Law 8/2022 for the Balearic Islands develops the tools that are available to Balearic residents, enabling us to plan our legacies as efficiently as possible.
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Rent Update in 2023: How much will it increase?

The Royal Decree no. 20/2022, of 27th December, on measures to respond to the economic and social consequences of the war in Ukraine and to support the reconstruction of the island of La Palma and other situations of vulnerability provides for an "extraordinary limitation of the annual updating of the rent of housing rental contracts", which will apply until 31 December 2023 by wich unless the parties agree otherwise, the increase may not exceed 2%.
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“Golden Visa” o residence Visa for investors

The Golden Visa is a special resident’s visa for those who decide to invest in Spain.  It allows the investor to not only live in Spain but also work here and bring their family over.  Moreover, the holder can travel freely throughout the European Union so long as they visit Spain at least once a year for the visa to remain valid and can provide proof that they still have investments here.
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UK visitors to Spain & Golden Visa

Since the 1st of January, UK citizens can only expend 90 days every 180 days in the EU. The 90 days restrictions starts every time the UK citizen enters the EU. Within every entry the person have 90 days, but it should be taken in consideration the previous visits to not exceed the 90 days […]
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Guidelines for British residents in Spain after Brexit

At Agote Diez & Abogados we are conscious that many of our British clients are feeling concerned regarding their legal status in Spain in the wake of Brexit.  For this reason, we put at your disposal the official guidelines issued by the Spanish Government for the benefit of British residents in Spain and their families: […]
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