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Wealth Tax (“Impuesto sobre el Patrimonio”) was abolished in Spain in 2008, but a few years ago it was brought back again at national level, and thus, also in Ibiza. This t... READ MORE
Wealth Tax (“Impuesto sobre el Patrimonio”) was abolished in Spain in 2008, but a few years ago it was brought back again at national level, and thus, also in Ibiza. This tax is applied both to residents and non-residents when the value of their belongings in Spain is over & above of 700,000 ... READ MORE
An important concern for many homeowners in Ibiza is how their property will be inherited. The covenant known as an “succession agreement” (“el pacto sucesorio“) is a usefu... READ MORE
An important concern for many homeowners in Ibiza is how their property will be inherited. The covenant known as an “succession agreement” (“el pacto sucesorio“) is a useful instrument that serves to regulate property transmissions between relatives, and it can be treated from a fiscal point of v... READ MORE
Did you know that a Canadian citizen can freely buy an attic apartment in the centre of Ibiza, but is not allowed to buy an inland property, just a few miles from town, unl... READ MORE
Did you know that a Canadian citizen can freely buy an attic apartment in the centre of Ibiza, but is not allowed to buy an inland property, just a few miles from town, unless s/he receives a specific authorization from the Ministry of Defense?The fact that non-EU citizens cannot buy rural land w... READ MORE
The energy efficiency certificate is essential for selling or renting properties in Ibiza. Rated from A to G, it assesses efficiency in aspects like heating, lighting, and ... READ MORE
The energy efficiency certificate is essential for selling or renting properties in Ibiza. Rated from A to G, it assesses efficiency in aspects like heating, lighting, and insulation. Important for buyers and mandatory for vacation rentals since 2021, it impacts the property's value. The "G" rati... READ MORE
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