There have been some important changes to the Spanish NIE number procedure and transfer taxes.

Please read below for some of the highlights.

We also have an exceptional offer for Spanish wills for the month of March at only 50 Euros.

NIE NOW EXPIRE AFTER 3 MONTHS 

 

The police have changed the system regarding NIE Certificates.

 

Up until now they did not need to be renewed, however they will now expire after 3 months and have to be renewed personally; no longer can someone else apply for your certificate with a power of attorney.

 

For those of you that are spending more time in Spain than your home country we highly recommend that you apply for a certificate of residence. This does not need to be renewed.

 

Please contact us if your would like more information on the new NIE proceedure.

If you would like us to manage the procedure for you, our fees are 100 Euros plus the certificate cost of 9.90 Euros.

 

TRANSFER TAX INCREASES

 

The transfer tax has increased to 8% for properties whose purchase price is up to 400.000 euros. This increases to 9% for properties up to 700.000 euros and 10% thereafter.

 

CAPITAL GAINS TAX & PROPERTY TAXES 

 

Capital Gains Tax is 19% for residents up to 6.000 euros and 21% from then onwards.

 

New properties VAT stays at 4% for this year..

 

Stamp duty has changed again up to 1,20%.

 

SPANISH WILLS SPECIAL OFFER 50 EUROS FOR MARCH 

 

A Spanish will is essential if you want to have the peace of mind that your affairs are in order in Spain.

 

For the month of March we are offering a special price of 50 Euros to arrange your will for you.

 

If you would like to take advantage of this special offer or would like any additional information please contact us on + 34 952 83 31 69 or email us on info@perezlegalgroup.es.