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Costs of moving money to Spain constantly reducing for Expats

  One of the most overlooked difficulties of moving abroad is transferring your belongings, assets and funds to your new country of residence. Not only this may be a long and bureaucratic process, it is also expensive beyond imagination. The more nice and heavy things you have, the more expensive your shipping will be. The more money you have, ...Full Article

New EU succession regulation affects British Expatriates in Spain

A new EU regulation on succession came into force on 17th August 2015. British expatriates living in the Canary Islands need to understand how it affects them. They may ...Full Article

Canary Islands To Reduce Succession and Gift Tax

The Canary Islands Prime Minister, Sr. Fernando Clavijo, recently announced that a 99% reduction for succession and gift tax would be introduced for children and spouses. This is good ...Full Article

Canaries play leading role as Caixa unveils its new HolaBank concept

The Canary Islands are playing a major role as CaixaBank launches HolaBank in a bid to establish itself as leader among international clients in Spain. The new customised service ...Full Article

99% reduction on succession and gift tax announced by regional Canary Islands’ government

On 6th July 2015, Sr. Fernando Clavijo, the new Canary Islands Prime Minister announced in his acceptance speech that a 99% reduction for succession and gift tax will be ...Full Article

Don’t let your dream home get swept away by Spanish Inheritance Tax

If you own a property in Spain, then you need to read this article… Most owners are not aware that their beneficiaries and their estate may have to pay ...Full Article

The Spanish property inheritance tax time bomb

Many property owners in Spain are sitting on a ticking Inheritance Tax (IHT/ISD) time bomb. Most are not aware that when they purchase their “dream” property that they are ...Full Article

Spain and offshore assets

  As the Spanish government seeks to increase tax revenue, it has set its sights firmly on offshore assets. This particularly affects expatriates living here as they tend to ...Full Article

No hiding place

  We have been talking about the global crackdown on tax evasion and undisclosed off-shore assets for years, but this year has seen significant developments. Global leaders are endorsing ...Full Article

The new tax reporting landscape in Spain

  Earlier this year, for the first time, Spanish residents had to declare all their overseas assets worth over 50,000 euros. You had to submit Form 720 by 30th ...Full Article
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