30,000 businesses in Spain’s Balearic Islands at risk of disappearing due to COVID-19 crisis
Fundacion Impulsa has estimated that more than 30,000 businesses in the region will close permanently by the end of next year
Tax avoidance or tax evasion – don’t get them confused!
THE complexity of tax should not be overlooked and becomes even more of a challenge when you live overseas. Often the accountants we use here
Spain’s ERTE furlough scheme set to be extended as talks in Mallorca continue between government and unions
NEGOTIATIONS on extending Spain’s ERTE furlough scheme resume tomorrow (Monday September 9). A meeting in Palma (Mallorca) between government and trade union representatives ended without
Caixabank and Bankia merging to become Spain’s largest financial entity
Details of the negotiations are being kept firmly under wraps but both giants have confirmed that talks are underway
Spain’s Balearic Islands announces BIGGEST fall in GDP in region’s history
In the second quarter of 2020, that is, during the months of April, May and June, the Balearic GDP fell by a whopping 40.5%
Supermarket sweep: Carrefour buy out Spanish food retailers Supersol
FRENCH supermarket group Carrefour has agreed to buy the Supersol food retailing chain. They will pay Maxima – the chain’s present Lithuanian owners – €78
What’s the problem with my UK financial adviser if I live in Spain?
By Tracy Storer Senior Partner, Chorus Financial IT’S certainly taken a few years, and perhaps Brexit has been a catalyst, but we are receiving more
Brits across Europe ‘financially fearful’ of no-deal Brexit
The majority of the estimated 1.8 million Britons living in the European Union are ‘increasingly financially fearful – and rightly so’ over the rising risk
Spain’s tourism industry suffers loss of €8.2 billion since COVID-19 outbreak
SPAIN’S tourism is the second worst hit in the world due to the COVID-19 pandemic, according to new research. The only country to have suffered
1.35 million jobs lost in Spain during coronavirus pandemic
AROUND 1.35 million jobs have been lost in Spain since the start of the coronavirus pandemic. Of this number, 1,074,000 were lost in the second
DATA REVOLUTION: How the pharmaceutical industry is being transformed
THE availability of data has completely transformed the traditional pharmaceutical industry with the most significant impact in drug discovery, clinical trials and patient outreach. However,
Stainless steel food storage options for your commercial kitchen
When it comes to arranging space in the commercial busy kitchens, stainless steel is the best and most desirable category of equipment, tools, and appliances
Hotels across Spain’s Mallorca offer unprecedented discounts of up to 50% to avoid closing this month
In an attempt to increase their capacity, reported in some to be as low as 30%, hoteliers are now introducing unprecedented discounts this month
DEAR JENNIFER: What kind of cover do I actually get with an insurance policy?
All the world is experiencing a very frightening time due to this dreadful virus that is circulating everywhere. Until a vaccine has been developed, we
Grim outlook on Spain’s road to economic recovery from coronavirus crisis
SPAIN’S economy is in danger of lagging behind the main advanced economies in Europe in recovering from the coronavirus crisis. According to the Organisation for
Why are so many Brits in Spain putting their trust in Chorus during 2020?
Just a few years ago Chorus Financial was a relatively unknown firm with less than 100 clients. Now we sit amongst the most respected firms
One in three restaurants in Spain’s Mallorca will permanently close this year due to COVID-19 crisis
Significant loss of profits are attributed to the lack of visitors on the island, as well as a commitment to employees on a six-month contract
BREAKING: Iconic Tivoli World on Spain’s Costa del Sol files for bankruptcy
The Malaga courts will now carry out an economic report on the business to determine if it is viable, with the result expected in a
Spain’s Andalucia sees 72.5% drop in foreign tourists in first six months of 2020
According to figures from the National Institute of Statistics (INE), the region only saw 1.5 million foreign tourists between January and June
Marbella suffers the aftermath following a decline in Arabic tourism and investments
by Ayah Shurbaji THE drop in the number of regular visiting tourists from Arabian countries has hit Marbella’s economy hard. The luxurious city of located
Fleeced and ruined expat pensioners in Spain get boost from Malta over high-risk Continental Wealth Management investments that plummeted in value
MOMENTUM Pensions Malta will have to compensate for 70 per cent of losses suffered by their clients taking out high risk investments via the failed
Spain to build migrant camp for strawberry pickers in Huelva after fires break out in shanty town
AFTER seasonal farm workers were subject to conditions branded ‘inhumane’ by the U.N., authorities have sent Spanish soldiers to build a migrant camp for the
Becoming Self-Employed in Spain (Autónomos)
So, you’re thinking of moving to Spain? As well as finding somewhere to live, unless you’re already retired, most expats will also need to find
How exactly do Chorus build market leading investment portfolios in Spain?
BRITS living in Spain will inevitably seek some kind of financial advice. That could be a basic pension or investment review, or perhaps a complex
Gibraltar aims to solve COVID-19 problems with global online event
BLOCKCHAIN experts from around the world will take on some of the health, economic and social issues created by the pandemic in an August online
Spanish love gets toxic in divorce boom, says Sun Lawyers  Â
MARRIED couples in Spain have been keeping lawyers busy with a big rise in divorce enquiries caused by the COVID-19 lockdown. Money problems and the