With a view to meet the demands of the current global working landscape and match the competitive legal framework already established in various countries including a number of EU member states, the Spanish Government has published the preliminary draft Bill of the so-called “Startups Law”.  The new law envisages tax and residency benefits for remote employees and self-employed professionals who wish to work and reside in Spain, thus converting Spain into a more accessible and attractive hub for “digital nomads”. The preliminary draft Bill defines digital nomads as foreign citizens employ ..read more

An important piece of advice that foreign citizens should always take into account before proceeding to purchase a property in Spain, is to seek the advice of a bilingual independent lawyer, specialised in Conveyancing in the region in question. As we always advise our clients, “NEVER to sign any reservation document or contract, or to make any payment whatsoever in concept of a deposit or part payment of the transaction, without the previous supervision and approval of your lawyer.” Surprisingly, the use of legal services when purchasing property is not common in Spain. Lawyers tend not to a ..read more

If you are a mortgage loan holder, for which the IRPH reference index (or index based on the average rate of mortgage loans granted by the Spanish savings banks) was established as the variable interest rate, now and particularly as from the ruling of the Court of Justice of the European Union (CJEU) in March 2020, you could make a claim to the financial entity that provided your loan, for reimbursement of the amount of unduly paid interest during the term of your loan.     These types of clauses containing IRPH index referenced variable interest rates, have only been considere ..read more

For British residents and their family members that are currently registered in Spain, or those British Citizens that register from the 6th of July 2020 until the end of the transition period, that is to say, until the 31st of December 2020. The Directorate General of Migration, together with the Directorate General of Spanish Police, have adopted an important and awaited decision that regulates and defines the procedure for issuing the Residency Document for British Citizens in Spain (pursuant to Art 18.4 of the UK withdrawal agreement from the European Union).     On the 31st of J ..read more

As a result of the global crisis we are currently suffering due to Covid-19, it is understandable that doubts or problems may arise regarding property purchase contracts signed previous to the pandemic (earnest money deposits, deferred payment purchases or rents to buy) and that cannot be fulfilled or are difficult to fulfil in compliance with the conditions agreed prior to this new scenario we are facing. Following the Declaration of the state of emergency by the Spanish Government via Royal Decree 463/2020 of March 14th, the restrictions imposed may have affected the contractual relationship ..read more

  In this article we are going to address the various circumstances that homeowners/landlords and tenants may be facing due to the COVID 19 Pandemic, and the State of Emergency declared in Spain. The Spanish Government, via the approval of Royal Decree-Law 11/2020, has effectively introduced measures to aid vulnerable tenants by means of deferment, or even waiver of rental payments for main residences, whilst at the same time striking a balance between the parties in order to prevent the vulnerability of tenants being transferred to landlords.     The first element that we shou ..read more

If you own a property in Spain, or you are thinking about acquiring one with the aim of designating it for Holiday Accommodation, you may have already experienced or read about the administrative and legal obstacles that the Spanish regulations in force establish for this type of rental. The regulation and control of this type of rental (Holiday Rental) is delegated to the Regional Governments and City Councils corresponding to the area in which a property is located.  The aforementioned authorities are increasingly establishing more obstacles or requirements, thus making it ever more dif ..read more

The new Law governing mortgages in Spain entered into force on June 16th 2019, and is applicable to all mortgages on residential properties signed from June 16th onwards. One of the most significant amendments to the Law, is that the consumer or mortgage borrower shall choose the Notary where signature of the deeds will take place, and whom must be also be provided with (free) advice from the chosen Notary Public prior to signature of the mortgage deeds.  This is an important factor affecting all Mortgage signees.  However, it may cause particular inconvenience to foreign clients in ..read more

On March 15th, a new Law 5/2019 was adopted to regulate immovable property credit contracts.  That is to say, mortgage transactions for the purchase of residential immovable property.  These new regulations align Spanish legislation with the provisions laid down under the European Directive. Regarding entry into force, it should be noted that the new regulations entered into force as from June 16th 2019.     This new Law aims to fully protect the consumer or mortgage borrower, and is of an imperative nature.  That is to say, all terms and conditions that financia ..read more

Tod von Fußballprofi Emiliano Sala: Organisator des Unglücksflugs schuldig gesprochen  DER SPIEGEL Emiliano Sala: Auftraggeber für Unglücksflug schuldig gesprochen  WEB.DE News Emiliano Sala: Geschäftsmann nach Flugzeugabsturz schuldig  Express.de Emiliano Sala: Auftraggeber des Todesflugs schuldig gesprochen  t-online Flugzeugabsturz von Emiliano Sala: Geschäftsmann schuldig gesprochen  SPORT1 "Mehr zum Thema" ansehen in Google News ..read more