FOREIGN residents in Spain increased by 2% - a six-figure sum – last year, despite the pandemic and Brexit, and broke the 5.8-million barrier for the first time ever. Non-Spaniards living in the country account for just over 12% of the total headcount, of whom about six in 10 are from EU and EEA countries. For [...]
A year ago, 87% of people in Spain were still using cash for their daily purchases rather than cards or electronic methods, and 68% of money spent was in notes and coins, compared with 79% and 54% on average in the Eurozone. But by July last year, after five months of the pandemic and concerns about disinfecting an "> [...]Fuente: ebanker // 10 Enero 2020
Brits show second-biggest growth, despite Covid and Brexit
FOREIGN residents in Spain increased by 2% - a six-figure sum – last year, despite the pandemic and Brexit, and broke the 5.8-million barrier for the first time ever. Non-Spaniards living in the country account for just over 12% of the total headcount, of whom about six in 10 are from EU and EEA countries. For the purposes of the research, even though the figures were taken as at the last day of 2020 when the UK had been a third country for 11 months, its nationals were considered as bei [...]Fuente: THINKSPAIN BLOG // 1st May 2021
Covid Consumers Payments New Habits
A year ago, 87% of people in Spain were still using cash for their daily purchases rather than cards or electronic methods, and 68% of money spent was in notes and coins, compared with 79% and 54% on average in the Eurozone. But by July last year, after five months of the pandemic and concerns about disinfecting and avoiding surface contact, card payments overtook cash for the first time in Spain's history – rising to 54.1% compared with 45.5% of transactions in notes and coins. Even befo [...]Fuente: Thinkspain // 13th Feb 2021
Work from Home in...Valencia !
- Bright lights dim on big cities: Spain tops list as home-workers seek quality of life- A GROWING trend towards working from home triggered almost by default in early 2020 means the pull of big, global cities is slackening off but those which the world's employees remain attracted to are largely in Spain. The world's largest metropolitan zones no longer hold so much attraction, according to Bloomberg (Photo: Pexels/Ben Cheung) The 'new roaring twenties' was never supposed to start off l [...]Fuente: ThinkSpain Team // 17th January 2021
How Is the US Going to Pay for All This Stimulus Spending?
At time of writing the United States owed $19.3 trillion in public debt. It owed another $5.9 trillion in debt held by its own agencies. Together, these figures come to a national debt of $25.2 trillion. With substantially more coronavirus spending almost certainly still to come, 2020 will be one of the most expensive years in U.S. history. As a percentage of gross domestic product (GDP), the coronavirus response has already pushed government spending to its highest levels since World War II ( [...]Fuente: Eric Reed // 21st May 2020
Moratorium on Rent for Businesses
Tenants of commercial premises have until the 23rd of May 2020 to request a moratorium on rent for businesses. This was approved by Royal Decree-Law 15/2020 to support the economy and employment of Spain during the State of Alarm. This Royal Decree-Law 15/2020 was quite a complicated one covering measures of all kinds. Including a moratorium of rent for businesses. A moratorium being a temporary postponement. This depends on the type of owner of the pr [...]Fuente: Spanish Solutions // 7th May 2020
Guide to Investing During the Coronavirus Crisis
It’s hard to recall a time when market volatility has been as intense as it has been during the coronavirus pandemic. Between March 1 and March 31, 2020, federal, state and local governments imposed shutdown orders aimed at halting the spread of the virus, in the process shutting down nearly a third of the U.S. economy. That shutdown battered the stock market: In late February the Dow Jones Industrial Average was soaring above 29,000, but by late March it was struggling to stay above 18,000. T [...]Fuente: Eric Reed // 24th April 2020
Reasons For Looking to a new Will
There are many reasons for looking at a Will, whether to write a new one, or to review one. Not only in these very difficult times with covid-19 in mind but generally. Family Reasons Some family reasons for writing a Will could be the birth of a child or of grandchildren or nephews and nieces. Alternatively an adoption in the family. Or on the contrary, sadly a death in a family. Or illness or fear of illness. Not only of yourself, but a beneficiary, executor [...]Fuente: Spanish Solutions // 21st April 2020
Gifting a Property in Spain to Children. Is it a Good Idea?
Gifting a property in Spain to Children is a very good idea in the Valencia region right now. In the past two years we have been very busy with donations in this region. Gifting a Property – Tax Free Allowances Each child (children of the property owners but adults) gets a 100,000€ tax free allowance at the present time in the Valencia region. This generally means that a property can be passed onto the next generation with little or usually no inheritance tax. It is [...]Fuente: Spanish Solutions // 9th April 2020
Companies Helping Coronavirus-Impacted People
IN Response to the coronavirus, companies across the country are pursuing coronavirus relief efforts to help people and businesses most impacted by pandemic. Tech companies are donating millions to help small businesses, healthcare workers and COVID-19 patients. Meanwhile, companies outside the healthcare sector are producing hand sanitizer, masks and other products to curb the spread of the virus. Many are also establishing programs to help those who can’t come to work. In addition to benefitti [...]Fuente: Javier Simon, CEPF® // 4th April 2020