Holiday Homes In Spain After Brexit

After brexit they could face discrimination.

Holiday homes in spain after brexit. Spain to offer plan b to keep british tourism thriving spain is a holiday favourite of britons with an amazing 18 5 million visiting the country in 2018. Brexit living in spain after brexit we are now more than halfway through the brexit transition period which means that we now have a slightly clearer picture of what this will mean both for britons already living in spain as well as those who own holiday homes in the country or are thinking of investing in. At the moment buying spanish property is a good investment. The property market in spain has fluctuated a lot throughout the past years however it has been in a recovery phase since its devastating 30 fall between 2008 and 2014.

Jul 22 2020 tags. You can contact us by telephone on 020 3478 1420. I purchased a property in murcia 2 years ago i do not think brexit will cause uk residents in spain any problems the uk and spain goverments have had good. Alistair spence clarke founding partner of spence clarke co.

So is it wise to buy property in spain after brexit. British homeowners in spain spain is one of the most popular holiday destinations for british tourists with over 17 million visiting the iberian peninsula every year. And you might also find additional taxes being imposed on brits in europe after brexit a n end to lucrative tax perks would prove very costly to british citizens with a holiday home in. If you wish to discuss the matter we are pleased to offer a free initial consultation.

Plenty of brits have bought holiday homes across the other 27 eu states both for their own use and to rent out to other holidaymakers. In marbella spain explains how brexit will affect the taxation of spanish holiday homes and investments. Spanish property market after brexit. This includes rental income inheritance gift tax and deferral of exit tax among other points.

Let s take a look at the ways brexit will affect your holiday home in spain france italy and portugal and also in the rest of the eu. Fewer britons are buying homes in spain after the uk s vote to leave the eu. News business business news brexit dims dreams of buying a holiday home in spain. You may find our article on buying property in spain after brexit interesting.