Port Al-Thani still alive

Sheikh Al-Thani´s group has taken a step towards reactivating the project of the new marina in Marbella (expansion of the actual La Bajadilla Port). Now they have meet some of the requirements demanded by the regional goverment (Junta de Andalucia) and paid 1,8...

Asset reporting requirements for Spanish Residents

Residents in Spain will need to declare any assets outside Spain worth over 50.000€ Tax residents in Spain must now begin reporting to the tax authorities any overseas assets they hold worth more than 50.000€. This requirement is part of Spain´s new anti-fraud law...

Tourism results Spain 2011

Tourism results 2011 in Spain The president of Patronato de Turismo de la Costa del Sol has released the tourism results in this area during 2011. According to their data tourism grew by 3.5% during 2011 in the Costa del Sol and generated 8.000 million euros. In...

NIE Number Spain

NIE Number in Spain Foreigners with financial, professional or social interests in Spain will need to apply for a NIE (Número de Identificación de Extranjeros) which is a personal and exclusive foreigner identification number. As many think, buying a property in Spain...

Accounting for Restaurants – Bars

Want to start a restaurant / cafe / bar on the Costa del Sol? In this article we explain the factors to take into account when setting up this type of business, the initial steps and procedures and the best way of accounting. Before you head to the opening of a...

Setting up a Business in Spain

Are you considering setting up a business in Spain? There are more and more businesses being set up on the Costa del Sol, in Spain, by entrepreneurs coming from other countries with the idea of becoming established in the area. The Costa del Sol receives thousands of...

IBI Spanish Property Tax

IBI Spanish Property Tax In recent years many of our clients, homeowners on the Costa del Sol, have asked us about this property tax, as the charge has increased considerably. We thought it was appropriate to prepare an article on this property tax in order to have a...