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

Andrés Monereo Velasco

Andrés Monereo Velasco, Founding Partner of Monereo Meyer Abogados

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

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

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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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Spain: U.S. Export Hotbed

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