The president of the Junta de Andalucía, Juan Manuel Moreno (PP), announced last Monday the abolition of the wealth tax in Andalusia, with an impact on regional collection of 0.6%. His intention, as he has said, is "to encourage certain incomes to establish their residence...
Today we are going to talk about a very interesting topic, in relation to the possibility that real estate professionals dedicated to buying and selling in Andalusia, can benefit from the application of a reduced rate of 2% in the payment of the Tax on...
The Andalusian Government has approved a decree that includes a reduction of the property transfer tax, which is paid in the sale of second-hand homes for example, so that the three rates currently set at 8, 9 and 10 per cent are now replaced by...
Individuals residing in spanish territory are subject to taxation in Spain by the Personal Income Tax for all of their income worldwide, that is, regardless of the place where they obtain the income and the residence of the payer. The opposite occurs with individuals and entities...
The virtual market for cryptocurrency is seeing a clear upward trend as the price of bitcoin is around 40,000 US dollars, a figure that is four times that of the last half of 2020. It seems that the traditional idea of money could disappear completely,...
Since January 1, 2021, UK citizens in Spain are also non-EU citizen destinations for immigration procedures, and this implies important changes when obtaining a residence permit. At the end of last year, the Spanish government created a new type of residence of a special nature for...
We are currently in the middle of the so called ‘second wave’ of this pandemia, and the population will get the vaccine around the world along 2021. Under these circumstances, every single detail has a repercussion in everything, and economy and real estate are not...
On many occasions, the deposit of reservation contracts and private purchase contracts are non-refundable. This means that all the money you put before paying the final amount (normally is 30% of the total purchase price for a new project and 10-15% second hand properties) would...
On real estate world, there are different points of views around the need or not to get services of a real estate agency and a legal advisor to carry out a real estate operation. From Ramallo Abogados, we want to answer some FAQs which are common...
Defects in second-hand goods are also called hidden defects. These are defects that cannot be detected at the time of sale. In legal terms, this concept is used to refer to defects with which the buyer has the right to claim repair, or else, the...