Economy
If you reside in Spain, it is crucial to comprehend the tax implications and ensure compliance with regulations to avoid fines or worse consequences. The Spanish tax agency, known as Hacienda, employs various methods to uncover discrepancies in income declarations. The tax system in Spain can be intricate,......
Seventy-five percent discounts on flights are now available for many residents of Spain's islands, a benefit that significantly eases the financial burden of travel for those living in the Canary and Balearic Islands, as well as Ceuta and Melilla. This initiative is designed to alleviate the high......
Viral social media posts have sparked a wave of misinformation regarding cash withdrawals in Spain, claiming that individuals will be fined as much as €150,000 for withdrawing €3,000 or more from an ATM. This sensational narrative has gained traction on platforms like X and Facebook, with some......
Spain proposes a law to ban fake hospitality reviews and enforce stricter verification standards to protect its vital tourism sector. Spain’s Ministry of Consumer Affairs is preparing a legislative move that would ban fake online reviews, aiming to defend the integrity of the country's hospitality......
In this week’s Inside Spain, we examine the remarkable surge of foreign self-employed workers and the growing anxiety surrounding tourism in popular destinations. Spain’s population has recently reached a record high of 49,153,849, with an increase of 75,865 inhabitants in just three months.......
A growing number of Americans are choosing to make Spain their home, with the country’s Beckham Law serving as a key incentive despite recent controversies. According to Spain's National Statistics Institute (INE), the number of U.S. citizens residing in Spain surged from 40,159 in 2022 to......
Spain’s tax agency has vehemently rejected allegations from a UK-US law firm, asserting that the Beckham Law constitutes a “tax trap” that unfairly exploits foreigners relocating to the country. The law firm, led by American-Canadian Robert Amsterdam, has faced significant backlash......
The recent theft of copper cables on Spain's railways has sparked chaos for countless train passengers, highlighting a troubling trend of rising crime. This article delves into the alarming frequency of such incidents, the motivations behind them, and the significant repercussions for Spain's......
The head of Spain's electricity operator has recently sought to alleviate fears stemming from a report warning of substantial risks of power outages associated with the country's increased reliance on renewable energy sources. On a recent Monday, Spain and Portugal experienced one of the most......
Spain has expressed profound gratitude to Morocco for its significant assistance in resolving the massive blackout that recently afflicted the country, impacting tens of millions across the Iberian Peninsula. In a week marked by widespread disruption to businesses, hospitals, transit systems, and cellular......
Beatriz Corredor, president of Red Eléctrica (REE), took nearly 48 hours to provide explanations regarding the significant blackout that occurred on Monday, despite her role overseeing the company responsible for energy transport and distribution in Spain. However, she chose to speak not in front......
The Spanish government has issued an official request for critical information from electric companies concerning the massive blackout that occurred on Monday. President Pedro Sánchez has publicly highlighted these companies, particularly focusing on the private operators, amidst concerns over......
Morocco showcased its economic strengths and investment opportunities during the “Morocco Now” conference held on Tuesday in Madrid. The event, themed “Investing together for a sustainable and shared future,” attracted major economic players from both Morocco and Spain. It aimed......
