MOVING to Spain is a huge decision and not to be taken without serious consideration. Friends and family will be asking you for the reasons that influence you, and you may still be asking the same question of yourself. It's very straightforward, and there are definitely a multitude of answers, but the question remains: "Why buy a home on Costa Blanca". Weather The World Health Organisation recognises Costa Blanca's climate as one of the healthiest on the planet. It's Mediterr
Inheritance tax (IHT) is paid when a relative or friend leaves you money, property or assets after their passing. If you accept similar assets such as gifts or a donation, IHT is also liable. Regardless of your official residential status, IHT in Spain affects everyone leaving assets in this country. Heirs will have to pay IHT when receiving those assets, depending on how they are left and who they are left to. Where the assets are located in Spain also makes a difference, be
Forget about the way conveyancing is done in the UK, just forget all of it! Buying and selling property in Spain is altogether different from what you might be used to. Spain can seem as if it's going at a much calmer speed, and conveyancing is no different. Aside from the all-important legal issues surrounding your purchase, your key focus should also be on a realistic time in which to conclude everything and get your new keys. It is vital that an entirely independent lawyer
Military permit for British and non-European citizens who buy in Spain will no longer be necessary. The Ministry of Defense has issued a Service Order with instructions for the rationalization of military authorizations, which interprets that it is not necessary to request it in urban properties that are not in border towns. Most of the notaries and the registrars of the province of Alicante agree not to request military authorization in these cases.
At Hernández Mora Lawyers, as, we aim to offer sound and accurate information about how the purchase process works in Spain. For this purpose we leave you with a brief article about the different steps during a house purchase. Deposit agreement: this agreement is drafted by the realtor and states price, deposit, depositary, and type of penalty in case if withdrawal. This agreement might include other terms and conditions such as deadline to complete, for example. Private pur