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spanish-legal-advice-solicitors

real estate alicante

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

- Spanish Income, Capital Gains, Wealth and Inheritance Taxes

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

- 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 be considered

- How to Set Up a Business in Spain; getting a Tax Identification Number; the Spanish/UK Tax Treaty; Driving Licenses; Licenses; Pensions; Health Care plus a detailed Useful Addresses Section real estate alicante

A further tax is that on the increased value of the land, known as Plus Valia, which is levied at various rates on the annual increase in value since the previous sale.

Strictly speaking, Plus Valia is a tax tax against real estate alicante the seller but in practice the purchaser is asked to pay all fees and taxes in the transfer of a property.

The fees and transfer tax are demanded soon after the Escritura is signed, but the Plus Valia is often not payable until some time later when the seller seller may not be found.

Plus Valia is charged against real estate alicante the property, which means that if the vendor fails to pay, the purchaser wiII eventually be liable for this tax anyway.

There are many factors that enter into the calculation of these fees and taxes but, as a general rule, rule, if you allow 8% of real estate alicante the purchase price you wilI not be far out.

Another fee to be taken into consideration is that of a solicitor or lawyer.

This will generally depend on how much time and work is involved in any particular purchase.

In normal circumstances the fee

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properties buying advice in murcia

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