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Legal

life-insurance-mandatory-mortgage

Is It Mandatory to Have Life Insurance with a Mortgage?

When applying for a mortgage, one of the most common questions is: Is it mandatory to take out life insurance with a mortgage? In this article, we will explain in detail whether it’s a legal requirement, what the banks say, and what options you have regarding this matter. Is It a Legal Requirement to Take…

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visa de oro españa

Golden Visa Spain: Everything You Need to Know After Its Elimination

The Golden Visa in Spain is a residence permit for foreign investors who make significant investments in the country. Introduced in 2013, it has allowed many non-European citizens to obtain residency in exchange for investment. Recently, the government has removed the option to obtain this visa through the purchase of real estate. This change aims…

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Qué impuestos se pagan al comprar una casa en España

Taxes to pay when buying a new house in Spain

If you’re curious about the taxes involved in buying a house in Spain, it’s essential to understand that various taxes apply. For instance, the Value Added Tax (VAT) amounts to 10% of the property’s registered value. The Tax on Documented Legal Acts (IAJD) is also levied, ranging from 0.5% to 1.5%. When purchasing a resale…

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