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
Co-Authors: Nadja Vietz + Pina Espinoza A few months ago, we reconnected with an American entrepreneur friend who has lived in Asia forever. In Hong Kong, actually, and he has been politically active there, so for reasons that will be clear to you if you follow the news, he’s in the process of moving. Spain
We are deeply saddened by the sudden passing of our dear friend and colleague Andrés Monereo Velasco. Andrés was a founding partner of Monereo Meyer Abogados, a leading law firm for international clients doing business in Spain and our affiliated law firm in that country. Andrés was born in Madrid in 1961 and he obtained
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
For anyone who was not able to join last week’s Investing and Doing Business in Spain: A Legal Perspective webinar, we’ve got you covered! Below, please find the full webinar. The visual presentations for this webinar can be found below: Investing and Doing Business in Spain: A Legal Perspective Managing Distribution Channels in Spain Foreign
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
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
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.
I initially discussed here the pros and cons of setting up a Spanish subsidiary instead of just opening a branch office. I later explained here what it takes and, most importantly, how long it takes to set up your company in Spain. If you consider putting down roots in Spain, either by opening your own local business
It is surprising to those of us who have spent meaningful time in the country, but Spain is often overlooked as a business destination. Part of that has to do with the country’s ongoing problem with unemployment, which clouds outsider perceptions. Recent turmoil in Catalonia has not helped, with the optics at times making Barcelona seem like a
