Tenerife – The One Stop Problem Shop

Cars on finance

If you have purchased a new or second hand car here in Spain on finance, then the car registration will have placed a block against it called a “reserva de domino“. This is to safeguard the finance company or the bank against the car being sold whilst the finance is unpaid. Upon finalising the finance the register has to be cleared. Some finance houses and banks do this process automatically however the vast majority leave it up to the purchaser to clear the block. This reserva de domino is registered in the “Registro de Bienes Muebles (register for movable goods)” …

Permitted reasons to enter Spain after 30 March 2021

Permitted reasons to enter Spain after 30 March 2021From 6pm (GMT+1) on 30 March 2021 (5pm / GMT in the Canary Islands), passenger travel between the UK and Spain will resume, however entry restrictions and testing requirements will remain in force. Only Spanish citizens, those who are legally resident in Spain or those who can demonstrate through documentary evidence an essential need to enter Spain, will be allowed to enter the country. Permitted circumstances include: 📝Holders of a long-stay visa issued by a Member State or Schengen Associated State, who are travelling onto said country. 🧑‍⚕️Health professionals, including health researchers, …

“Non Letting Tax” Modelo 210

If as a non resident you own a Spanish property that is for for personal use and NOT let out at all it is liable to pay tax called Renta Imputada – Deemed Income tax declarable on a form called Modelo 210. If your property is left empty, even though you do not let out your holiday home for gain, Spanish law assumes you have what is called a “Deemed (Rental) Income” which is subject to non-resident Income Tax. The “Deemed (Rental) Income”, which historically was included on the old Modelo 214 form, is now declared on a Modelo 210 …