by Yolanda Perez | May 30, 2024 | Spanish Law
The floor clauses (“cláusula suelo†in Spanish) are stated on many Spanish variable interest rate mortgages to increase or decrease interest payments in line with the Euribor have made the variable interest rate mortgage repayments increased dramatically...
by Pilar Cerrutti | Mar 18, 2024 | Spanish Law
The Spanish government has recently made an official announcement, extending the deadline to apply for citizenship through the Grandchildren’s Law (‘Ley de Nietos’ in Spanish) until the end of 2025. This law has been created to grant Spanish citizenship...
by Yolanda Perez | Oct 20, 2023 | Spanish Law
After the transitional period for Brexit (i.e. after 31st December 2020) when a UK enforceable decision such as a final judgment is issued, Spanish law requires that the enforcement in Spain of such a judgment is subject to a process known as an exequatur. This is...
by Yolanda Perez | Oct 5, 2023 | Spanish Law
DeberÃa considerar asesorarle sobre lo que sucederÃa si posteriormente pierde su capacidad mental. Tenga en cuenta que es muy poco probable que un Lasting Power of Attorney (LPA) del Reino Unido, que por error podrÃa considerarse equiparable al poder preventivo...
by Yolanda Perez | Oct 5, 2023 | Spanish Law
You should consider taking advice on what would happen if you subsequently lose your mental capacity. Please bear in mind that a UK Lasting Power of Attorney (LPA) is highly unlikely to be recognised in the jurisdiction of Spain on its own as it does not contain any...
by Pilar Cerrutti | Oct 4, 2023 | Spanish Law
Irrespective of one’s domicile, inheritance tax is a mandatory legal obligation that must be complied with. This tax is imposed on any asset received as inheritance that is in Spain or if there is any connection with the country. It is important to note that...
