Quick feedback and arranged online meeting in a very short time. The consultation was very good in order to manage my taxation problems. Good support. Thank you and heat you soon!
Although Torre del Mar is a popular town for expats from all over Europe, Spanish bureaucracy can be tricky for everyone – often even for locals. As a matter of fact, within the Axarquia, laws may differ from one city to another, especially when it comes to real estate or legalizing property built on rural land.
In any event, an experienced solicitor in Torre del Mar who is used to dealing with public services and offices can guide you and complete the procedures successfully.
With the help of a good solicitor in Torre del Mar, settling down will seem much easier, whether you have decided to buy property or need a tax consultant to advise you on taxes for non residents. In this sense,Tejada Solicitors will be glad to assist you throughout the administrative steps and explain the different legal procedures in plain and simple language for you.
A law firm like Tejada Solicitors can assist you in a wide variety of cases, as for example:
Our Law Firm ensures that our clients are fully supported during every step of the property conveyancing process. We handle the various aspects of the procedure, including all paperwork, until the completion date. We do everything we can to ensure that your property is legal and free of extra charges, including an architectural survey of the property and a breakdown of all the taxes involved in the purchasing process.
Clients know the total cost of the process from the beginning, as we offer an in-depth breakdown of everything involved in the cost of buying. At the end of every completion, our clients receive a final balance with expenses and taxes already paid.
If you are wishing to sell your property in Spain, our tax advisor will advise you on all of the taxes involved with selling a property, as well as a general breakdown of the cost of selling. Our solicitors will act as your personal representative, taking care of any negotiations between the buyer regarding any conditions of the sale. They will support and represent you every step of the way until completion.
Unsure of which taxes you will have to pay in Spain? We offer support and advice to our expat clients on the latest Spanish tax implications, depending on whether you are a fiscal or non-fiscal resident in Spain.
We also ensure that you are up-to-date with the latest International Taxation regulations between Spain and your country of original residence so that you can avoid double taxation and even receive tax deductions specific to your situation. These may include your tax return and form 720.
In order to identify foreigners in Spain, the NIE number is used. This will be necessary for foreigners in order to carry out the following; opening a bank account in Spain, buying a vehicle or property, renting in Spain etc. This will also be used to identify your non-resident taxes at the Spanish Tax Office.
The NIE number does not allow for legal residence or tax returns in Spain – this is only granted through Spanish Residency. It is important to acknowledge this difference.
The Golden Visa is part of a Spanish investment programme that issues Spanish residency to non-EU citizens in return for investment in Spanish property. In order to receive the Golden Visa, over €500,000 must be paid on Spanish real estates, such as villas or apartments.
This programme is designed to give an easy opportunity for Spanish residency for non-EU citizens in countries such as China and Russia. Added benefits of the Golden Visa include a work permit and the business potential of the leasing of a property in touristy areas such as Marbella and Malaga.
Do you need guidance for inheritance procedures? At Tejada Solicitors, we offer an in-depth guide on everything from succession laws, intestate deaths and inheritance for non-residents, to ensure that you have all of the information you need.
Inheritance tax is something that applies to both residents and non-residents of Spain, which becomes applicable as soon as an inheritance is documented and transferred from one person to their heir. Inheritance can be money, property or any other kind of asset. Inheritance tax is known as impuesto de sucesiones y donaciones (ISD).
You can find more information about inheritance tax, including tax allowances, property inheritance for non-residents and tax reductions in our section: Inheritance Tax. Please note that inheritance tax rules vary in each region of Spain, so get in contact with us for information relevant to your case.
There are two ways properties can be rented in Spain – under long-term or short-term rental contracts. For those wanting to rent their property as a permanent residence (a home), long-term rental contracts should be used. For work and leisure purposes, such as tourist rental, a short-term rental contract would be required.
Both contracts require the property owners to pay tax. The amount of tax declared depends on factors such as whether the property owners are residents or non-residents of Spain, or are within or outside of the EU.
Depending on the type of rental contract, laws vary. Long-term rentals are under national law, whereas short-term rentals fall below regional legislations. Depending on the region, there may be other requirements, such as obtaining a license to rent to tourists.
You can find more information about this matter in our section Renting out property in Spain.
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The process of buying or selling property in Torre del Mar involves many different aspects and it requires being fast to seize the best deal. In this sense, having an experienced team of solicitors tax specialists at your side will only play in your favour. The Tejada Solicitors team builds on the expertise of a group of English speaking tax advisors, lawyers and even architects, who are familiar with the local laws in Torre del Mar and work together so as to offer a complete service.
Any of these transactions will need to be considered in a “bigger picture” that reflects upon your personal situation, e.g. your civil status or where your residence will be based. In some cases, special tax allowances may apply, as it happens with highly skilled workers moving to Spain. This is the case of the Beckham Law, which was originally created to attract foreign investment to Spain. A professional tax advisor will be able to analyze your situation and explain if these regulations can be applied to your case.
When dealing with the Spanish Law system, expats often face a number of difficulties, from language and cultural differences to bureaucratic hurdles. Depending on the field of Law, regulations may differ from region to region, but also from a city like Torre del Mar to another one like Malaga. This becomes even more important in real estate since your lawyers or solicitors will be in charge of interpreting the legal terms of contracts and deeds, translating documents into your own language, or ensuring that translation complies with local legislation among others.
By working with the same law firm, you benefit from regular communications (e.g. alerts informing you about your tax obligations), keeping an updated record of your transactions, and following up with the same specialist, who knows about your personal situation and specific needs. As a family-run business, we believe in clear and efficient communication.
At Tejada Solicitors Torre del Mar you will be assigned a specialist who takes charge of your case and offers you personalized advice. Nonetheless, in practice, we work in a team of English-speaking professionals specializing in different areas, including lawyers to economists, tax consultants, and architects. This can be especially interesting if you are dealing with real estate and local laws in Andalucia. By signing a power of attorney (poder notarial) you can commission one of our solicitors in Torre del Mar to complete a specific procedure on your behalf, for example, if you are abroad.
Before scheduling a first meeting, we recommend you to get to call us or write an e-mail explaining your case and any special requirements.
We usually react fast describing how we deal with the requested service and our current fees.
If you are interested in proceeding, we normally hold a first Skype meeting, during which the main steps and necessary paperwork will be thoroughly explained.
As we move forward to complete the procedure, we work side by side with our clients to develop a professional relationship based on trust and clear communications.
When taking the decision to move to Spain from UK, whether it’s for pleasure or necessity, there are several procedures to be completed, some of which aren’t always obvious.
Beckham Law Spain is named after British football star David Beckham. During the time he played for the Real Madrid team, Beckham was one of the first foreign citizens to benefit from the Spanish tax inpatriate regime.
During the last few years it has been possible to buy Spanish property at quite a reasonable price, so as to get good value for your money. However, when buying property abroad for the first time, many things that can be taken for granted.
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