English speaking lawyer in Marbella, Felix Ruiz Peña, profesional of Arcos & Lamers Asociados would not desire to leave without comment on our blog, referring to the financial crisis and the bursting of the housing market bubble, the drama of evictions in our country. The number of foreclosures continues to rise, up to 18% more than last year at this time, according to the “Consejo General del Poder Judicial” (Spanish General Council of the Judiciary).
Both, Government and Opposition meet to try to find a solution to thousands of families affected, with serious risk of losing their homes, for the imperative of a expired law and alien “to the social reality of the time that is to be applied” ( art. 3 Spanish Civil Code). Read more »
Casares is between the Ronda highland, the Costa del Sol, and the Campo de Gibraltar. A landscape of red rocks split by deep gorges in the Sierra Bermeja; of forests and circles of pines which have survived the fires, and in the shadows climb to the peak to join in Los Reales (1.440 m.) to the advance of the firs of the higland. Further west, the sierra is converted into an observation point of limestone in Crestellina to watch the entrance to the Ronda valley of Genal from its peak. There, amid gorges and ridges, lives a colony of tawny vultures of the peninsular.
English speaking Spanish Tax lawyer of Arcos & Lamers Asociados has the pleasure to inform you on changes of the Spanish VAT Law. The Spanish government approved the new Anti-fraud law on the 31st October, modifying the Spanish VAT law in order to avoid banks using the legal figure of lieu in payment to defraud the Tax Office in Spain. The Treasury has lately detected an increase of VAT fraud among financial institutions through lieu in payment when companies wish to settle their debt with Spanish banks.
When a company resorted to the lieu in payment to settle an outstanding debt with a bank, the financial institution acquired the property for a certain value inclusive of VAT and the company had to settle the Spanish VAT payment with the Tax Office. The company in question not only handed the property over to the bank, but was also the party liable to comply with public tax administration even though the company did not receive such amount to pay the outstanding VAT with the Tax Office.
Later on, the banks could deduce the tax payment for the acquisition as they carry out such transactions through real estate assets management companies that work solely on sales and purchases of real estate and such companies may apply these kinds of deductions.
FOREGIN CITIZEN, WITH PERMANENT ADDRESS IN ANDALUCIA.
If you wish to match your situation as partners with those linked by marriage, it is a requirement to be registered as “registered partnership (pareja de hecho)” at “Registro de Parejas de Hecho” in Andalucia.
In this way, you will benefit, among others, on regional Spanish fiscal and tax regulations, specially the Inheritance Tax in Spain.
Ms. María Teresa Arcos, lawyer in Marbella has the pleasure to inform that according to data of the Ministry of Development, the stock of unsold new dwellings in Spain is of 687.523 units, and according to INE, there are 3 million of empty dwellings, being 1.8 units for rent.The objectives pursued by the aforementioned Spanish Draft Law are achieving a revitalization of the rental market in Spain, to strengthen the legal security and improve the regulation of the eviction procedure.
The Draft Law includes the following measurements: Read more »
In the beginning God created Benalmadena! Well not quite, but Benalmadena and the surrounding area has had a long and checkered past.
A few kilometres from the Mediterranean Sea, right on the Costa Brava, lie the medieval streets of Pals. The county of Baix Empordà in the province of Girona has in this town a lovely old quarter, declared a Historic Artistic Site. In the Gothic quarter of Pals, pretty cobbled streets flanked by aristocratic houses await you. Pals beach completes the visit to the walled town. At any of these points, you can try the area’s cuisine, based on products from both the sea and of the mountains.
On more than one occasion, when a client arrives at a Spanish law firm looking for advice on buying a beautiful property in Spain overlooking the sea, the first thought of the professional is to cross fingers and hope that this beautiful apartment or villa complies with the Spanish Coast Law.
Presently, we are on the eve of the approval of the Law of protection and sustainable use of the coast and amending Law 22/1988, of 28 July, on Coasts. The new Spanish law will seek to provide more “legal security” to situations that previous legislation was not able to regulate and sustainable improvement of the coast lines in Spain.
Surface Area: 10.2 square kilometres
Population: 68,646
What the natives are called: Fuengiroleños
Outstanding Sights: Sohail castle, Finca del Secretario, History Museum Fuengirola, Fuengirola beaches, Parque del Poniente (park), marina, Bioparc Fuengirola, Palacio de la Paz
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I recently asked a marketing director about customer testimonials on his company website. He openly said, “The testimonials aren’t real, I made them up. Everybody else does it, so why can’t we?”My second thought, after “Two wrongs don’t make a right,” was “Aren’t you in the business of building trust? What does that say about your company?”
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