SCAM ALERT: Warning of Bizum fraud in Spain
BIZUM fraud is on the rise due to the increased use of phone payments instead of cash. One of the main scams is to make
What Are the Top Traded Companies in Spain?
Much like the rest of the EU, Spain’s economy has undergone significant battering in recent months. However, it seems as though there may be good
Alcampo supermarkets in Spain will use UK’s Ocado to develop its online sales business
Spanish supermarket chain Alcampo is to link up with the British company Ocado to develop its online business. Alcampo has 310 stores in Spain as
Did you sign up with a Financial Adviser in Spain?
Sam Kelly DipPFS, EFA, BA (Hons) Managing Partner Chorus Financial Looking back, it’s obvious I was fairly naïve when I first moved to Spain in
Amazon and Apple face collusion probe in Spain over stopping rivals from selling electrical products
AMAZON and Apple are being investigated over possible restrictive sales practices in Spain. The country’s competition regulator, the CNMC, is looking into whether on-line retailer
Hundreds queue at banks across Spain in last chance to cash in old pesetas
HUNDREDS of people queued along Spain’s streets yesterday in a race to exchange old pesetas for euros ahead of the final deadline. Wednesday (June 30)
Bar owners in Spain’s Palma de Mallorca request €2 million in compensation from government for ‘illegal’ closing hours
Representing the business owners, the Confederation of Business Associations (CAEB) say it is ’illegal’ that bars have been ordered to close at 11pm each night
THE WAY FORWARD? How cooperative companies in Spain’s Castellon are beating the COVID crisis
Spokespeople reveal that the secrets of success of their business model are flexibility and self-regulation, with the ability to adapt to changing circumstances, diversify and
COVID-19 pandemic and lockdowns slashed household spending in Spain by over 10% in 2020
HOUSEHOLD spending in Spain fell by 10.7% last year compared to 2019 figures. Average expenditure dropped to an average of €26,996 per household according to
DEAR JENNIFER: How can you help with all this extra post-Brexit paperwork?
You must be so careful with your documentation and paperwork in Spain. It has become far more complicated and involved, since the finalisation of Brexit.
Cold called about your pensions and investments in Spain?
by Sam Kelly DipPFS, EFA, BA (Hons), Managing Partner, Chorus Financial. Within the last 24 hours both myself and my colleague working from our Costa
SPOILT FOR CHOICE: Spain’s Valencia area has double the amount of shopping space than other major European cities
VALENCIA Province has double the amount of shopping surface than any other major European region. This surprising statistic was revealed today (Thursday June 24) by
Living in Spain but still have a UK based financial adviser?
by Sam Kelly DipPFS, EFA, BA (Hons), Managing Partner, Chorus Financial. Chorus Financial are receiving an increasing number of enquiries from those of you living
Brussels gives green light to Spain’s Recovery Plan with €69 billion grant
SPAIN will receive €69.5 billion in subsidies from the European Commission over the next five years to aid with the country’s coronavirus recovery plan. This
Tesla opens first showroom in Spain’s Andalucia
MALAGA is gearing up to welcome customers to the first ever Telsa showroom on the Costa del Sol. The luxury electric vehicles company, created by
Capital gain tax when selling your property
Capital gains tax is the tax that you are liable to pay on the earned profits that arise when selling your assets, such as stocks,
Oil not be back: Last oil rig in Spain to close, ending 60 years of extraction in the country
By Nickacia forrester Petrochemical giant Repsol will stop extracting oil in Spain this month as it responds to new environmental laws. This decision puts an
Inditex fashion group reports international sales boom as it prepares to close 56 shops in Spain this summer
SPANISH-based fashion retailer, Inditex, is claiming that purchases are double the rate of what they were a year ago. In spite of that, the company
WATCH THE METER: Spain’s new electricity bill sparks anger over 50% increase at peak times
SPAIN’S controversial new electricity bill came into effect on June 1, and the first official figures have just been published. According to statistics made public
Good and bad news for Spain’s top department store El Corte Ingles
MAJOR Spanish department store chain, El Corte Ingles, says that spending is beginning to return to pre-pandemic levels, after they took a big financial hit
MONEY, MONEY, MONEY: Spain’s Valencia region receives initial cash injection of €873 million from Next Generation EU
And this is just the beginning, as EU funding is due to continue arriving in the Valencia region over the next few weeks when projects
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Landlord boom: EU enquiries for Buy-To-Let mortgages up 34%
SKIPTON INTERNATIONAL has enjoyed a rise in enquiries for its UK Buy-To-Let mortgages over the last year. The Guernsey-based bank saw a 34% increase in
Zara sale is about to begin in Spain as social media user spills ‘secret’ start date
THE Zara sale is about to get started – social media user spill ‘secret’ start date BEFORE official reveal as shoppers gear up for the
Help is at hand: British expats in Spain struggling to navigate Brexit red tape
BRITISH expats in Spain are facing a great deal of Brexit-related red tape over their immigration status post-Brexit. They are being urged to leave the
Zara to open its biggest ever shop in Madrid’s Plaza de España
THE clothes chain Zara has announced plans for a flagship store that promises to be the world’s biggest in the newly renovated Edificio España on
GET A JOB: Good news as Spain’s Castellon recovers pre-pandemic employment levels
EMPLOYMENT levels in Castellon Province have already returned to pre-pandemic levels. Social Security figures show that there are currently 212 workers paying into the system