VISIT & RESIDENCE IN SPAIN OF EU NATIONALS

Depositphotos_6474350_s-2015The right of entry and departure, free circulation, stay, residence, permanent residence and work in Spain for citizens of other EU nation states, and those states which are part of the European Economic Area, is regulated by Law Real Decreto 240/2007, of 16 February modified by Real Decreto 987/2015, of 30 October.

These rights apply to all members of your family regardless of their nationality if any of the following circumstances apply to them at the moment of application:

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MUNICIPAL PLUSVALÍA TAX – WHEN IT HAS TO BE PAID

Depositphotos_10165714_s-2015.jpgOnce we have taken the decision to sell our second home, we ask our advisor how much tax we will have to pay on the profit or capital gain, assuming there is one. Indeed, in some cases the Ayuntamientos punish taxpayers (i.e. vendors) with an unexpected and excessive municipal tax on a non-existent gain when the vendors are selling their property for the same price they paid for it years previously.

Well, now the Spanish Constitutional Court has put an end to this practice in a recent ruling.

The Constitutional Court partly annuls the Municipal Plusvalía regulation.

Date: 18/05/2017

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