Spain has enacted various laws to bring in talented people who want to start a business or invest in Spain. Spain now allows foreign investors and skilled individuals to apply for extended visas. Most importantly for our firm’s clients, Spain now has loosened up its visa and tax policies for foreign entrepreneurs and digital nomads.
By 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 followed,
Spain foreign direct investment (FDI) just became a bit more complicated. 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
We talked here about the pros and cons of setting up a Spanish subsidiary instead of just opening a branch office. Once you have made up your mind to form a subsidiary in Spain to run your local activities, you might find you need to get that project started faster than you predicted. Your new
During the summer of 2015, I found myself in the small town of Vic, Spain, located about an hour north of Barcelona in the foothills of the Pyrenees Mountains. Though Vic has many sights worth seeing including Roman ruins and a large central plaza, I spent most of my time in a part of town
If you consider putting down roots in Spain, either by opening your own local business or entering into contracts for which you need a Spanish tax ID or bank account, you will also need to deal with extremely strict anti-money laundering rules. Most of our foreign clients are not aware of the transparency that is
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
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
In September 2013, the Spanish parliament approved a new law allowing non-EU investors to apply for a Spanish residence permit and by extension for a Schengen visa. The objective of the law is to attract entrepreneurs to Spain and to stimulate foreign investment in Spanish real estate, public debt, and job creation. What this all
