A Complete Guide to Tax Management for US Citizens Residing in Spain
When a US citizen decides to move to Spain, one of the main concerns is how to manage their taxes. Unlike other countries, the US requires its citizens to declare and pay taxes regardless of their place of residence. This can raise questions about double taxation, available exemptions and tax obligations in both countries. In […]
Buying and Selling a Property by Foreigners Part 2: Contractual Aspects and Legal Certainty in the Sale and Purchase of Properties with Non-Resident or Foreign Parties in Spain
Contracts in the Sale and Purchase of Homes The drafting and formalisation of contracts is a fundamental pillar in the sale and purchase of homes. Both the purchase contract and the earnest money contract are essential instruments to guarantee the legal security of the transaction. Contract of Sale and Purchase: This contract details all the […]
Buying and Selling a Property by Foreigners: Part 1: Legal and Tax Aspects of Buying and Selling a Property with Non-Resident or Foreign Parties in Spain
In the Spanish real estate market, the purchase or sale of a property presents a number of legal complexities that are intensified when the parties involved are non-residents or foreigners. Spain, with its cultural richness, privileged climate and geographical diversity, has established itself as an attractive destination for international investors and buyers. This attractiveness, however, […]