A place in the sun: Our guide to owning Spanish property

Representatives of the Spanish government visited London recently as part of a drive to encourage overseas investors to purchase property in Spain. Several foreign governments have already begun to undertake larger scale investments, and it is hoped individuals will follow suit in a boost to Spain’s holiday housing market. If UK resident individuals do regain an interest in buying property in Spain, they will need to be aware of the potential exposure to Spanish and UK taxes in respect of both the property itself, and any associated Spanish assets, such as bank accounts held overseas in ...