• Culture
  • Destinations
  • Getting there
  • Inspirations
  • Places to stay
  • Contact Us
Spanish Architecture
  • Culture
  • Destinations
  • Getting there
  • Inspirations
  • Places to stay
  • Contact Us
Home
Getting there

Tax, Mortgage & Loan at Spain

December 12th, 2016 adel Getting there
Tax, Mortgage & Loan at Spain

The stuff is all about the matter of tax evasion in Spain. According to the rule of the country since 2012 the residents of Spain who spend more than 183 days per year in the country are liable to pay taxes on the assets over €50,000. The asset includes shares and investments, property, deposits and savings.

This rule caused a great hassle especially among the expats and a huge number of foreign residents even prefer to go back to their countries of origin.

The Potential fines for not declaring any assets are €10,000 coupled with 150% of the tax owed and additional 4% interest for the unpaid tax.

Tax Regulations:

Spain government is very strict about collecting tax. Required laws are there to regulate the tax evading persons, while at the same time they have proper arrangements mortgage or loan.

The application procedure to get mortgage or loan is completely secure and simple. This confidential application form takes two minutes to fill out. This established a secure connection between our customers and the bank. Therefore, we can assure you that your information is being sent securely and to the right place.

Mortgage & Loan Regulations:

When processing your mortgage or loan, Spain does not carry out any credit check. This means that almost everyone is eligible to obtain a loan from us. By offering no credit check loans is one of the ways that Spain does help applicants who have been denied for loans elsewhere to get the money they require at their need.

Spain banking is committed to responsible lending. They collect and maintain information on consumers’ and businesses’ credit behaviour. In addition to this, they don’t permit you pile up the debt with them. In this way they try to build long-term relationships with their customers.  They only lend to you once again if you have paid back your current loan.

Facebook Twitter Google+ LinkedIn Pinterest
Previous article Spain health care organisations
Next article Renting a house in Barcelona

Related Posts

Worries of Recent Health care systems

Worries of Recent Health care systems

March 18th, 2018
Free State Healthcare Facilities for Expat at Spain

Free State Healthcare Facilities for Expat at Spain

February 11th, 2018
How to get a driver’s license at Spain

How to get a driver’s license at Spain

January 19th, 2018
Recent Posts
Planning a move to Spain

Planning a move to Spain

12
Luxurious Stay at Barcelona

Luxurious Stay at Barcelona

10
Culture & Civilisation of Spain

Culture & Civilisation of Spain

12
Best Travel Discount for Barcelona

Best Travel Discount for Barcelona

11
Knowing Spanish can help you at Madrid

Knowing Spanish can help you at Madrid

9