News
14 Oct Non resident investors get fast visas and residence permits in Spain with new Law
The new Law facilitates and speeds up the granting of visas and permits of residence, in order to attract investment and talent to Spain through an agile and fast procedure requested at, and issued by, a single administration’s office 1. Foreigners not residents who intend to...
12 Apr The president of our owner’s community says surveillance security cameras cannot be placed outside our house according to Spanish law, is he right?
No, he is not. Video surveillance cameras in buildings owned by community of owners as long as these are aimed to record exclusively common areas and small outer strips that give access to these common areas need a formal agreement approved on a general...
15 Mar Europe’s Court of Justice rules against Spanish legal repossession system
The Court of Justice of the European Union has ruled on March 14, 2013 in what refers to Spanish legal system, the expected judgment on "the abusive clause against the consumer mortgage contracts" and, therefore, its consequences in the heart of the Executive process (repossession or...
18 Feb What would the minimum penalty be for the lack of presentation of model 720 declaring assets, rights or properties abroad of Spain?
The minimum penalty for the lack of presentation of the model 720 when there is obligation to submit the form with respect to a single reporting obligation is of €10,000. In case three obligations of information are breached, the penalty would be €30.000. ...
18 Feb As a resident in Spain, What term do I have for my assets, rights, accounts or properties abroad to be declared to the Spanish tax authorities?
The Declaration for the year 2012 will be held between February 1 and April 30, 2013. And in general, this obligation must be met between 1 January and 31 March of the year following that which the information to supply relates to. ...
18 Feb I am a resident in Spain and pay my taxes here. Do I have to inform the authorities about my assets abroad?
According to the recently approved Law it is a very serious violation not to declare, not present in time and filing form with incomplete, inaccurate or false data information on goods and rights situated abroad. So is noted by the tax administration with respect to all...
12 Feb Are the agreements made through mediation forcible for the parties?
Yes, they are. Those agreements have the same validity and force than the judicial judgements....
11 Feb Spain adapts its legislation to Exchange judgments with Europe.
Council of Ministers, on a proposal from the Minister of Justice, Alberto Ruiz-Gallardón, has today approved three draft legislations to adapt Spanish legislation with European legislation in order to be able to exchange information on criminal records and criminal judgments in the field of the...
28 Jan The Spanish Government approves bill of national market’s unity.
The spokesman of the Spanish Government, Soraya Saez de Santamaría, reported at a press conference after the conclusion of the Council of Ministers last week that the proposed law is based on the principle of single license to allow economic operators to apply their law...