It is generally well understood that a Non Lucrative Visa (NLV) allows a person to reside in Spain but does not permit them to work, whether for an employer or as a self employed person. However, a common question arises: can an NLV holder work for a foreign employer, carrying out their duties outside Spain … Read more
With Donald Trump securing re-election in November 2024, many Americans are reassessing their future, including where they want to live and pay taxes. While political shifts often prompt individuals to consider relocating, Spain has long been an attractive destination for expatriates, thanks to its sunny climate, rich cultural heritage, and relatively low cost of living. … Read more
Prime Minister Pedro Sánchez announced yesterday in a press conference that his government aims to increase the “tax burden” on non-European residents purchasing property in Spain to 100% of the property’s value. While this measure ostensibly seeks to curb speculative investments and alleviate housing shortages for locals, it raises more questions than it answers. There … Read more
With an increasing number of foreign nationals moving to Spain, it is becoming more common to inherit or receive gifts of assets located abroad. If this applies to you, it is essential to understand where these transactions are taxed to ensure compliance with your tax obligations. Who pays tax and to whom? Unlike in other … Read more
Phishing scams posing as the Spanish Tax Office have become a common cyber threat. Fraudsters send deceptive emails, specially during this period of the year where many tax payers are waiting to receive their refunds from the tax office, tricking victims into revealing sensitive information, as important as bank account details. Recognizing these scams is … Read more
The taxation of crypto currencies like bitcoin, ethereum, litecoin and many others is no longer a matter of doubt in Spain now that the tax office has issued rulings that clear up how the tax system works.
Copyright © 1985 - 2025 Spence Clarke & Co.
