It is all over the Spanish News, Spain’s government has clinched enough support in Parliament to pass the new housing Law, in Spanish ¨Ley de Vivienda¨. Why does Spain need a new housing law? “All Spaniards have the right to enjoy decent and adequate housing,” Article 47 of the Spanish Constitution writes. The Constitution adds that public … Continue reading The 10 changes from the Housing Law in Spain
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Introducting Modelo 210 (Spanish Tax Form 210)
The Modelo 210 is a tax form in Spain that is used to declare and pay the non-resident income tax. This tax applies to individuals and businesses who do not reside in Spain, but generate income in the country. Who must file the Modelo 210? Non-resident individuals and businesses who generate income in Spain are … Continue reading Introducting Modelo 210 (Spanish Tax Form 210)
Imputed Income Tax in Spain
As we explained in our previous post, if you own property in Spain you need to file a tax report even if you are not receiving rental income from it. In this post we will explain about it all. Just to recap on the types of income and its associated taxes: Income derived from properties … Continue reading Imputed Income Tax in Spain
What is the IRNR (non-resident income tax)?
If you own real estate in Spain, you may have heard about the Spanish non-resident income tax, or IRNR. This tax is levied on non-residents who own property in Spain and earn income from it. The IRNR (Impuesto de la Renta para No Residentes) is a national tax that is administered by the Spanish Tax … Continue reading What is the IRNR (non-resident income tax)?
The Spanish NIE number
If you are planning to live, work, or study in Spain for an extended period, as well as if you are planning to invest in Spain, you will need to obtain a Spanish NIE number. This number is a unique identification number assigned to foreigners by the Spanish government, and it's used for everything from … Continue reading The Spanish NIE number
Real Estate and Money Laundering
Money laundering is a serious problem that affects many industries, including the real estate business due to the large amounts of money involved and the ease of disguising illicit funds as legitimate real estate transactions. Money laundering means disguising illegal proceeds of money obtained from criminal activities such as drug trafficking, human trafficking, or tax … Continue reading Real Estate and Money Laundering
What is the Spanish “nota simple” and why it is so important
If you are considering buying a property in Spain, one of the most important documents you need to be familiar with is the nota simple. In this post, we'll take a closer look at what a nota simple is, why it's important, and how to obtain one. What is a Nota Simple? A nota simple, … Continue reading What is the Spanish “nota simple” and why it is so important
What is a Real Estate Personal Shopper?
Buying a house in a foreign country can be an exciting and daunting experience, especially if you are a non-Spanish national looking to purchase a property in Spain. There are many factors to consider, including language barriers, cultural differences, and legal requirements, which can make the process overwhelming. That's where a Real Estate Personal Shopper … Continue reading What is a Real Estate Personal Shopper?
This is Spainable
A very warm welcome to the Spainable site. Thanks for finding us and we hope to be able to support you navigating the Real Estate market in Spain. Have you ever heard the saying "Spain is different"? well you may have heard it or you may have experienced it, and this comes with some truth. … Continue reading This is Spainable
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