The foreign currency market is the largest and most traded financial market in the world, with more than $6 trillion traded each day, and over 80% of the foreign currency trading is for speculation purposes. The main drivers that influence exchange rate movements are economic and geo-political events, and technical trading by investment banks. These...

A new survey conducted by overseas property consultants at YourOverseasHome.com reveals that prospective expats are looking to embed themselves in the culture of their new home country, as most want to live amongst the locals abroad and learn the language of the country they’re buying in.  The survey gained over 4,000 responses from people who...

There’s no denying that there is something special about Spain. Expats have been relocating to the country for years for the vibrant culture, temperate climate, long sandy beaches and low cost of living. In fact, Spain has become such a popular haven for expats that in 2022, 20% of property sold was snapped up by...

There are many advantages to renting rather than buying in Spain and it is worth considering renting initially even if you plan to buy. How do you find a rental property, what are your options and how does the rental process work? Here we set out what you need to know before renting in Spain...

If you are buying property in Spain and need to take out a mortgage to finance the purchase you need to understand how to obtain a mortgage. There are similarities between Spanish expat mortgages and what you may be familiar with at home but it is vital that you understand the differences. How much deposit...

Overseas property is becoming an increasingly attractive option for investors looking to diversify their portfolios and gain higher returns. Overseas properties provide the opportunity for increased cash flow and higher rental yields, and emerging markets often have fast-growing local economies that drive up demand for rentals, especially in popular tourist destinations. There are many options...

Although the Spanish property market and mortgage process may be different from what you are used to at home, it is possible for foreigners and expats to buy and get a mortgage in Spain. However not all banks – and certainly not all mortgage brokers – follow the procedures of the recently regulated mortgage market...

Spanish mortgages follow different rules to those you may be used to in the UK or in the US. Here Mortgage Direct, a leading mortgage broker in Spain, provide answers to the frequently asked questions from expats looking to take out a Spanish mortgage. Written for Expat Network by Mortgage Direct...

Before you move to Spain it is important to understand the different rules and taxes that will be applied if you buy property in Spain. It is worth looking at different Spanish property ownership options to ensure you avoid unexpected issues when you sell the property or when your spouse or others inherit the...

Transactions in Spain, including buying property, are subject to taxes, whether you are resident in Spain or not. It is also not impacted by whether you are an individual or incorporated with a legal entity. This is because fiscal activities such as these go toward the state budget and must therefore be paid off promptly...

Investments in real estate are becoming more and more popular. Spain remains one of the most popular countries. Compared to other European countries, real estate here has a more attractive cost, for example, apartments prices in Valencia, while being in high demand among tourists. Potential investors are interested in how to buy property in Spain safely. Below...

Step one is to get your professionals lined up and ready. That should certainly include a lawyer who is independent of the estate agent or developer whose property you are viewing, who is qualified and who is a specialist in property in Spain and land law, known as urbanismo. By Christopher Nye It is also...