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spanish-legal-advice-solicitors

almeria attorneys

If you have agreed to buy when on holiday and do not wish to return for the signing of the deed, you can appoint someone as your agent to appear before the Notario and sign on your behalf.

This person must be officially appointed by a deed which in England England is called a 'special power of attorney' or in Spain, an 'escritura de poder de compraventa'.

almeria attorneys This deed can be prepared by the Notario as soon as you have agreed to buy and normally would be in the name of your lawyer who is doing the conveyancing for you.

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There are two fees and two or three taxes payable on all transfers of Spanish properties.

The Notario is entitled to a fee for preparing the Escritura, and there is a further fee for registering the property in the new owner's name.

They are both calculated on the official value value of almeria attorneys the property.

There is a transfer tax (Impuesto General Indirecto Canario - I.

G, I.

C.) , which at present is 5% of the official value if you are purchasing a new property from a developer, or 6.5% (Impuesto de Transmision) , if you are purchasing a resale resale property from a private owner.

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There is also a tax of 0.75% (Acto Juridico Documentado) only when purchasing from a developer.

How the Spanish Tax System distinguishes between fiscal and nonfiscal residents and why this is important

- Spanish Income, Capital Gains, Wealth and Inheritance Taxes

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- The Property Purchasing Process in Spain - How to protect yourself! Plus information on the functions of estate agents, lawyers, notaries and surveyors

- Tax Planning Methods - How and when they should be used; a discussion on Spanish anti-avoidance laws plus when Spanish and/or offshore companies should

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