With Article 50 triggered at the end of March 2017 and the UK on the path to leaving the European Union, despite the continuing uncertainty, What are the issues that Spanish or UK individuals and corporate groups relocating or doing business in Spain or the UK should be considering?
As a result of the recent political change in the U.S., there are multiple plans of the Republican Government being currently debated. A reduction of the federal corporate tax rate, tax incentives to boost domestic investment and promoting exports “made in the USA”, a relaxed regime for offshore profits repatriation plus several other measures.
Spain is one of the highest ranked countries in the world in terms of quality of life. For many, Spain is the Florida of Europe. However, high net-worth individuals (HNWI) should carefully consider their tax implications when relocating to the Country.
As global stock markets remain erratic and interest rates stay low, the Spanish real estate market has become an increasingly attractive investment destination for those in search of bargains on good-quality real property stock. Major cities, such as Madrid and Barcelona, and some coastal areas are already experiencing increased demand and rising prices. The Spanish property market is experiencing a…