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Finance & Legal
The Spanish legal system is equally, if not more, complex as its UK counterpart. The articles in this issue will help you to understand the legal implications of purchasing a property in Spain. However, these articles are only intended as a guide, and Guide2Granada recommends that advice is sought from a qualified lawyer, known in Spain as an 'abogado'. Details of legal representatives can be found within the Business Directory.
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| Death In Spain | Death In Spain
If a foreigner, who has assets in Spain, i.e. property, dies without having made a Spanish Will, known as dying in testate, his or her estate can be disposed of under the Spanish law of compulsory heirs, or enforced inheritance. 
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| Banking |
Banking
The Ministry of Finance (La Hacienda) oversees the Spanish financial system in general, and the Banco de España is its instrument of monetary policy as well as the overseer of the banks. There are two types of banks in Spain: a savings bank and a regular bank. Savings banks, known as Caja de Ahorros, offer the same services as a regular bank but do not have shareholder...
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| Taxation in Spain |
Taxation in Spain
As
in most countries, the taxation laws in Spain are somewhat complex and it is
always a good idea to take specialist advice. There are, however, some
straight-forward rules that may be applied if an individual meets certain
criteria.
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| Tax Offices |
Tax Offices
If you do not have a fiscal representative looking after your tax affairs in Spain, it is likely that you will need to pay a visit to your local tax office to obtain the forms for your tax return. The main office of the Agencia
Tributaria is situated in Granada City, however there are other offices wit...
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| Tax Returns |
Tax Returns
Annual
Tax Return for Non-Residents
With
regard to one’s annual tax return, it must be remembered that the onus is on
the tax payer to ensure that they submit their return and pay the amount due
within the set timescales, to avoid being fined. Rest assure...
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