|Saturday, July 24, 2021

Financial News

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 model features a network of over 100 branches, staffed by specialist account managers and offering specific products and services in several languages.

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 ...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 ...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 ...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 ...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 ...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 ...Full Article

Are your funds suitable for you?

There are thousands of investment funds available to invest in. Besides the traditional ones which invest in equities, bonds and real assets, you may come ...Full Article

Jersey to end banking secrecyfor EU residents

Jersey is to drop the withholding tax option under the EU Savings Tax Directive. It will be mandatory for financial institutions to automatically exchange information ...Full Article

Do you still have UK investments?

The news that the prize money from UK Premium Bonds has been cut is a useful reminder for British expatriates that they should review their ...Full Article