Author: AntonioGuillen

  • What is the plusvalía tax? And why should it be charged after the death of a person?

    What is the plusvalía tax? And why should it be charged after the death of a person?

    This is a question very frequently asked by our clients. The question usually comes with a frown on the face. Clients understand the concept of Inheritance tax: someone dies, and the Tax office applies a tax because the beneficiary gets “presumably” wealthier. So far, so good but what is the plusvalía tax then? Clearly, the…

  • Gunnercooke LLP shortlisted for UK Law firm of the year

    Gunnercooke LLP shortlisted for UK Law firm of the year

        Picture of Manchester where Gunnercooke LLP has one of its offices (together with London and Leeds). An extract from LegalWeek Allen & Overy (A&O), Kirkland & Ellis, CMS and Fieldfisher are among eight firms set to battle it out for Law Firm of the Year at the British Legal Awards next month. The…

  • Buying property in Spain under-value

    Buying property in Spain under-value

      Spain is still recovering from the brutal economic recession that has affected its economy for the last 10 years. One of the main consequences of the recession was the collapse of the property market where properties went down in value consistently, reaching lower values that left many property owners in negative equity as their…

  • I am British. Can I still get a Spanish passport?

    I am British. Can I still get a Spanish passport?

    I have connections with Spain. Can I apply for a Spanish Passport so I can keep my European status in the event of a potential hard-brexit?                   Now that Brexit has been implemented, some British citizens with connections with other European countries are considering applying for dual…

  • Question to a UK solicitor: Do your clients need a Spanish will for their assets in Spain?

    Question to a UK solicitor: Do your clients need a Spanish will for their assets in Spain?

    It is quite likely that you will have one or two clients with assets in Spain and when it is time to deal with their estates, the probate in Spain could be a source of uncertainty or a source of conflict if there is not a Spanish Will in place. We can help you and…

  • Practical case

    I NEED TO APPLY FOR A SPANISH NATIONALITY FOR MY CHILD WHO LIVES IN PAKISTAN. HOW CAN I DO IT? At Gunnercooke LLP we have seen a noticeable amount of enquiries from Spanish-Pakistani families where one of the members of the family is Spanish and the other one is usually from Pakistan (or another country).…

  • Have your clients paid high Inheritance or Gift taxes in Spain in the past?

    Pursuant to the European Court of Justice´s decision of the 3/9/2014 they could be entitled to ask for a refund The Spanish inheritance and gift tax is a national tax but the Spanish Government transferred it to the regional bodies (autonomous communities), who have autonomy to legislate and collect the tax. The autonomous communities have…

  • Spanish mortgages – Latest news.

      Following our previous article about mortgages in Spain. The CJEU resolution (21th of December 2016) allows consumers to claim their money back retrospectively from Spanish Banks   As we explained in our previous article, The Court of Justice of the European Union (CJEU) was recently asked to decide about an important case for Spanish…

  • Spanish Powers of Attorney signed in the UK

    A new Spanish case Decision by the Director General of Notaries and Registrars in Spain (DGRN) has been issued on the 14th of September 2016 affecting Spanish Powers of Attorney signed abroad and therefore also those signed in the United Kingdom. The said decision of the DGNR rejected the registration in Spain of a purchase…

  • A quick guide on buying property in Spain for UK solicitors

                Do you have a client looking to buy property in Spain? How can you help him/her from the UK?  It is quite likely that you will have one or two clients looking for a property in Spain. The uncertainty of Brexit and the temporary weakness of the Sterling pound…