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How Are British Judgements Enforced In Spain?
After the transitional period for Brexit (i.e. after 31st December 2020) when a UK enforceable decision such as a final judgment is issued, Spanish law requires that the enforcement in Spain of such a judgment is subject to a process known as an exequatur. This is...
Si tiene un cliente Britanico que esta pensado en mudarse a España para trabajar o jubilarse o si tiene propiedades o activos en España
DeberÃa considerar asesorarle sobre lo que sucederÃa si posteriormente pierde su capacidad mental. Tenga en cuenta que es muy poco probable que un Lasting Power of Attorney (LPA) del Reino Unido, que por error podrÃa considerarse equiparable al poder preventivo...
If you are thinking of moving to Spain to either work or retire or if you own property or assets in Spain
You should consider taking advice on what would happen if you subsequently lose your mental capacity. Please bear in mind that a UK Lasting Power of Attorney (LPA) is highly unlikely to be recognised in the jurisdiction of Spain on its own as it does not contain any...
Did you know that inheritance tax in Spain varies according to the region where you, your relatives live or where your assets are located?
Irrespective of one's domicile, inheritance tax is a mandatory legal obligation that must be complied with. This tax is imposed on any asset received as inheritance that is in Spain or if there is any connection with the country. It is important to note that rates and...
10 reasons why you need an independent Spanish lawyer when dealing with the purchase and sale of your house in Spain.
Having a Spanish lawyer when buying or selling property in Spain is highly recommended and can be of significant importance for several reasons: Legal Expertise: Spanish property laws and regulations can be complex and vary by region. A qualified Spanish lawyer will...
Intestacy – Statutory Legacy increase to £322k on 26 July 2023
The Statutory Legacy is increasing to £322k, up from £270k so it's quite significant. The money automatically passes to the surviving spouse or civil partner of a person who leaves children and dies without leaving a valid Will. The spouse or civil partner also...
Own property in France? Don’t miss these new rules.
*UPDATE - 7 July - The deadline has now been extended to 31 July 2023* Anybody who owns property in France is now subject to a new reporting requirement. From 1 January 2023 until 30 June 2023 inclusive, all owners of residential real estate in France must declare the...
Have you ever heard about the Reference Value or ‘Valor de Referencia’?
If you are going to buy or inherit a property in Spain, these are the two words you should remember: reference value. From January 2022, the Tax Authorities, through the General Directorate of Cadastre, have determined a new value, apart from the cadastral value,...
Renting a property in France
Do you own a property in France that you would like to rent out? As you might expect, the laws and regulations for rentals in France differ from the rules in force in the United Kingdom. In this article, we summarise the key principles that you need to know when you...