WEBINAR: PROPERTY INVESTMENT IN SPAIN

Missed our webinar on property investment in Spain? Download the recording here and get all the info on legal aspects, taxes, Golden Visa and much more!

SEMINAR IN KUALA LUMPUR ON REAL ESTATE IN SPAIN & PORTUGAL

Antonio Viñal & Co. Abogados will hold on March 17, at the Double Tree Hilton in Kuala Lumpur, the first seminar dedicated to Real Estate in Spain & Portugal. The event will be graced by H.E. Mr. Carlos Dominguez, the Ambassador of Spain to Malaysia and Mr. Rafael Matos (Economic & Commercial Commissioner for the Economic & Commercial Office, Embassy of Spain). Mr. Matos will also be speaking at the event on the excellent perspectives for the Spanish economy in 2015.

Antonio Viñal Jr., partner of the law firm, will address the current situation of the real estate markets in Spain and Portugal (statistics, hot spots, tendencies), the Golden Visa programs in both countries and legal advice for Asian investors wishing to enter these markets.

This is an exclusive event and by invitation only. To RSVP or for more information, kindly contact us at kuala.lumpur@avinalabogados.com. 

NO SPANISH PROPERTY TRANSFER TAX WHEN BUYING A COMPANY

The Spanish Fraud Act (Law 7/2012, of October 29) has amended the Securities Exchange Act in order to exempt the acquisition of companies that hold real estate from property transfer tax. However, such exemption is only applicable when the company's real estate is allocated to its business e.g., hotel or mining activities, hospitals, solar or wind farms... This would represent savings of 7%-10% in any acquisition as per above. On the other hand, any purely speculative operations would be subject to property transfer tax.

For more information please contact our Madrid office.