Fees and taxes associated with the purchase of property in SpainWhen a foreign national wants to purchase property in Spain the foreign national must pay certain fees and taxes. First, there are the notary fees. The different taxes apply depending on whether the sale is of a new home or a resale property. Lastly, a tax on the Registry of the property is also applicable.Read more
Visas and residency authorization for investors in SpainLaw 121/000052 to Support Entrepreneurs and Internationalization allows foreign nationals to apply for different types of visas in Spain. The main condition among others will be making a meaningful capital investment in the country. The article elaborates on these conditions and the definition of a meaningful capital investment.Read more
Process to obtain the Long-Term Residence Permit in SpainA foreign national can opt for a long-term residence permit in Spain after maintaining a temporary one for a period of five years. Both residency permits allow the foreign national to eventually opt for naturalization and thus attain Spanish citizenship.Read more
Tax incentives for the creation of new companies in SpainThe Royal Decree-Law 4/2013 created tax incentives that attempt to stimulate growth and job creation in Spain. Income Tax Incentives for Newly Created Entities Newly created entities, created on or …Read more
New Spanish Residency Reform for Foreign InvestorsThe proposed Entrepreneurs’ Law includes measures such as authorizing residency permits for foreign investors making investments in Spain. The expectation is that the government will give approval to the bill next Friday.Read more
