5 Questions on the effects of Brexit when buying, owning and selling property in Spain

Will I still have rights to buy and own a property in Spain? Of course yes, your acquisition rights will remain intact. Ownership rights as regulated in our Civil Code are the same regardless of nationality. Will I still have rights to rent it out? Again, of course, rental rights are … [Read more...]

Cláusula Suelo – ECJ Press Release – 21 December 2016

COURT OF JUSTICE OF THE EUROPEAN UNION - PRESS RELEASE No. 144/16 - Luxembourg, 21 Dec 2016 CLAUSULA SUELO - MORTGAGE FLOOR CLAUSES Spanish case-law placing a temporal limitation on the effects of the invalidity of ‘floor clauses’ included in mortgage loan contracts in Spain is incompatible … [Read more...]

Changes in communication of mortgage enforcements

The evolution of mortgage laws is subject to changes throughout history that show the matters legislator intended to insist on. It is assumed that the law reflects and protects social needs. First Mortgage Act of Spain was created in 1861 in order to attract foreign investment for state needs … [Read more...]

Discriminatory conditions in Spanish Tax on Inheritance

Spain tax on inheritance and gift is, in part, contrary to Community legislation according to 3rd of September Luxembourg European Court decision. Spanish current legislation on IHT requests  foreign residents to pay higher taxes than Spanish residents. European  Court considers there is "no … [Read more...]

New European definition of “misleading commercial practice”

The European Unfair Commercial Practices Directive  includes a new description for "Misleading Commercial Practice": A practice that on the one hand, contains false information or is induced to deceive the average consumer, and on the other hand, can cause the consumer to take a transactional … [Read more...]

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