WEALTH TAX IS BACK

The new Spanish Royal Decree-Law number 13/2011 (Real Decreto-ley RDL 13/2011) was approved on 16 September 2011. This new Decree Law modifies the Wealth Tax Law number 19/1991 of June 6th and restores the temporary obligation to pay once again the previously abolished Wealth Tax. This means that after only few years of 100% tax […]

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LEGAL DIFFERENCES BETWEEN BUYING A VILLA OFF PLAN FROM A DEVELOPER OR BUY THE LAND FIRST AND THEN BUILD ON IT.

Dear Sirs, My wife and I are interested in purchasing a Villa (off plan) in the Costa Blanca. The land is owned by the developer who has given us 3 different options to choose from for the construction of our Villa. He has told us that instead of signing a purchase agreement for the house, […]

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