Nadja Vietz

What to Know if You’re Thinking About Buying Property in Spain

What to Know About Buying Property in Spain

Co-Authors: Steven Rudmann + Nadja Vietz It is a great time to acquire vacation property in Spain, but important to thoroughly understand the legal and tax implications. In early 2020, market prices for vacation properties in Spain were rising, as they steadily had been since 2015. Then in March, COVID-19 hit the country hard. A long lockdown

FDI SPain

Tighter Controls for Foreign Direct Investments in Spain

By means of a series of emergency decrees the legislature significantly limited the original principle of liberal investment politics in Spain just before summer. Recently, new restrictions entered into force. In Royal Decree-Law 34/2020, of 17 November, effective 19 November, the Spanish government yet again tightened control mechanisms for foreign investment in Spain. Our partner

Spain Tightens FDI Rules as COVID-19 Support Measure for Domestic Companies

Spain Tightens FDI Rules as COVID-19 Support Measure for Domestic Companies

On November 17, 2020, Spain issued Royal Decree-Law 34/2020, which extends extraordinary measures that provide protection for Spanish companies at risk of takeover or acquisition by foreign investors due to the economic impact of COVID-19. The legislation is aimed especially at protecting Spanish companies operating in sectors the government deems strategic, e.g. critical technologies, “essential

Seattle skyline

Will Your U.S. Judgment Be Enforced Abroad?

My law firm is frequently contacted by U.S. lawyers with judgments they are seeking to enforce overseas. The lawyer is seeking our assistance to enforce its U.S. court judgment against a foreign company that did business with the lawyer’s U.S.-based client. The procedural history is nearly always the same. The litigator served the defendant and,

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Investing Successfully in Spain after Coronavirus

After I discussed here the pros and cons of setting up a Spanish subsidiary instead of just opening a branch office, I then explained here what it takes, and most importantly, how long it takes to set up your company in Spain. I now want to shed light on the regulatory framework for investments in

Spain Debtors

Advice for Creditors: Seek Seizure and Sale of Debtor’s Shares in Spain

Co-Authors: Marta Arroyo Vazquez + Nadja Vietz Creditors seeking to collect judicial debts from Spanish companies often neglect an effective enforcement measure: the seizure (or attachment) of shares. The attachment of a debtor’s shares can be claimed in Spain with an enforcement action. (See Litigation in Spain.) When the judge issues the enforcement order, the

State of Alarm in Spain: New Rules for Businesses

On March 14, 2020, the Spanish Government declared a 15-day “state of alarm” for all of Spain. This state of alarm was then extended three times for another 15 days each and is now in place until May 9, 2020. Spain and all administrative and judicial activity has been on hold for over a month.

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Coronavirus Crisis · Spain – Urgent, Extraordinary Employment Measures

Following the appearance on March 17th of the President of the Spanish Government, the Official State Gazette (BOE) published Royal Decree-Law 8/2020, of 17 March, on urgent, extraordinary measures to deal with the economic and social impact of the coronavirus. We have prepared a summary for you of the measures granted by the government to