Spain's wealth tax, known as el impuesto de patrimonio, is primarily administered at a regional level, allowing autonomous communities to provide various discounts and exemptions that can be particularly advantageous for high-income foreigners. Understanding these nuances is crucial for those looking......

The landscape of Spain's real estate market has undergone a significant transformation as non-EU foreigners rushed to acquire high-value properties in the wake of the government's decision to abolish the golden visa scheme. Recent data reveals a remarkable increase in home purchases, particularly......

Spain's recent enactment of an anti-squatter law has stirred optimism among landlords and property owners, heralding a shift toward expedited legal procedures for evicting unauthorized occupants. As the legislation takes effect, its implications for both squatters and landlords are under scrutiny. The......

The regional government of the Balearic Islands has firmly opposed recent calls from the Canary Islands for European Union intervention to limit foreign purchases of homes. This stance comes despite shared challenges of mass tourism and a strained property market faced by both archipelagos. Authorities......

New research highlights a troubling trend in Spain's rental market, revealing that residents now allocate an alarming 47 percent of their monthly income to rent, with some regions witnessing figures as high as 70 percent. This situation underscores the growing housing crisis affecting countless individuals......

If you possess substantial assets and are either a resident or non-resident in Spain, you may find yourself liable for the nation’s wealth tax, known as "el impuesto de patrimonio." This annual levy is assessed based on the total net value of your assets as of December 31st of the previous......

Morocco is intensifying its efforts to diversify its gas resources, with plans to develop the first phase of a liquefied natural gas (LNG) terminal near Nador, a city in the east of the country. Energy Minister Leila Benali announced the government's commitment to initiating an action plan during......

The Spanish real estate market continues to attract foreign buyers, even as the government implements measures to limit their participation. Recent legislation, including the elimination of the golden visa scheme and discussions of a supertax on non-resident non-EU property buyers, aims to curb the soaring......

Finding a place to live in a new country can be daunting, especially when faced with the risk of fraud. In Spain, the current housing crisis has intensified competition for rental properties, making it vital for newcomers to be vigilant against scams. With many foreigners entering the market, scammers......

Morocco’s Institute for Transport and Logistics Training (IFTL) has entered into a significant partnership with renowned researcher Professor Rachid Yazami to establish a specialized training program focused on electric vehicle batteries. This initiative is a key component of Morocco’s broader......

In the wake of the US imposing tariffs on the European Union, Spain's Minister of Economy, Commerce, and Business, Carlos Cuerpo, is heading to Washington for crucial meetings. Cuerpo will discuss the potential impacts of the 20% tariff threat with US Treasury Secretary Scott Bessent and other key......

Morocco and Spain have recently formalized two significant agreements aimed at advancing the Strait of Gibraltar crossing project. Signed on Thursday in Madrid, these agreements emphasize cooperation in digitalization, engineering, and educational initiatives. The Moroccan delegation, led by Abdelkabir......

In recent discussions regarding trade relations between Catalonia and the United States, a significant portion of Catalan economists has expressed their preference for diplomacy and negotiation over retaliatory tariffs. According to a recent survey conducted by the College of Economists of Catalonia......