The prevention of money laundering (AML) / (PBC) is of particular importance to developers. At Welex, we aim to delve deeper into the types of documentation required by developers and the reasons behind each request, ensuring that every transaction is secure and complies with current regulations.
At Welex, a law firm in Marbella specializing in real estate law, we understand that buying property in Spain is a significant decision that can involve various questions and procedures. For this reason, we have prepared this guide to answer common questions and highlight key considerations when buying property in Spain.
Tourist rentals have become a popular way for property owners in Andalusia to generate additional income. With its rich cultural diversity, renowned beaches, and historical destinations, the region attracts millions of tourists annually, making vacation rentals a lucrative business. However, operating legally requires obtaining a tourist license and complying with specific regulations set by the Junta de Andalucía. In this article, we explain the requirements, associated responsibilities, and how Welex, lawyers and accountants in Marbella, can assist you.
In this blog of Welex lawyers Marbella, we are going to talk about transfer of property of non-residents in Spain and the Non-Resident Income Tax in Spain and what happens when, after the sale of a property, a non-resident obtains a capital gain. IRNR (Impuesto sobre la Renta de No Residentes) is a Spanish tax [...]
Non-resident property owners in Spain must pay taxes like Property Tax (IBI), Non-Resident Income Tax (IRNR), and Wealth Tax. Staying compliant with deadlines is crucial to avoid penalties. Welex, a tax adviser in Marbella, ensures correct filings for non-residents, helping you avoid fines and legal issues.
At Welex, many clients ask why property developers in Spain request extensive personal information. This is due to Law 10/2010, which aims to prevent money laundering and terrorism financing. Developers are required to verify the source of funds used in property transactions by collecting documents through a Know Your Client (KYC) form.
Explore the different types of rentals you can implement in your real estate investment in Spain. At Welex, we provide specialized advice to maximize your rental opportunities and ensure regulatory compliance.
Find the best lawyer in Spain with Welex, your Dutch-speaking law firm in Marbella. Read our guide for practical tips and answers to all your questions.
Why do I need Apostilled and Legally Translated Marriage Contracts to Buy a Property on a Privative Basis? Purchasing a property in Spain is a process that can present many challenges, especially for those looking to buy privately when married under a different matrimonial property regime than the separation of property. At Welex, experts in [...]
Welex, law firm in Marbella and experts in buying and selling in Spain, is pleased to explain in this blog the legal guarantees for the buyer of a property under construction in Spain. If you are interested in buying a property under construction in Andalusia, you should know that there are a series of legal [...]
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