Here are some useful links when considering purchasing a property in Mallorca. If you are a foreign national you will need to consider both your legal status here and also your personal or company tax position. It is important that you fully understand before you purchase. Obviously we can help with your initial discussions but we will always ensure that you have full professional advice when we commence the search on your behalf.
Subjects and Links
Property purchase in Spain
This link gives you a basic idea of the process you will undertake when purchasing a property in Spain
Your legal status in Spain
Obviously you need to be able to use your property when you want too. If you are a citizen from outside of the European Union you will be reliant upon the Schengen Agreement but there are simple ways where you can use your property purchase to gain residential status that will allow you to both live and work in Spain if required. The following link gives you the basic information
Tax obligations in Spain
Often overlooked, buying a property in Mallorca may lead you to have tax obligations within Spain whether you plan on being a resident or non-resident. We have experience in dealing with this and can guide you towards the correct purchase strategy. The link below is a basic guide to the tax in Spain.