Spain Announces Constitutional Change to National Budget
As pressure mounts from other Eurozone nations to curb Spain’s national debt, the government announces plans to change the constitution to prevent excessive borrowings in the future.
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As pressure mounts from other Eurozone nations to curb Spain’s national debt, the government announces plans to change the constitution to prevent excessive borrowings in the future.
Spanish government reduces health spending, and cuts taxes on new homes in bid to restore market confidence.
English language help is to be offered by the Spanish government to property owners and buyers, specifically the nota simple can now be requested in English, along with other significant protections for property owners.
New protections for Spanish mortgage holders with an increase in the personal income allowances when a mortgage is embargoed, and increases in the minimum value banks can set for repossessed properties.
Expatriate residents in Spain may be in for a nasty shock when new UK tax residence rules become effective in 2012 as many will be reclassified as UK resident for tax purposes.
International press descended on Ronda yesterday to cover the visit of US First Lady Michelle Obama, with hundreds of millions of people expected to have watched.
2009 saw an average hotel occupancy of 40% in Ronda, and unsurprisingly domestic tourism increased 3% over the previous year as European economies entered recession.