Economy
In a global landscape marked by economic and geopolitical uncertainty, gold has emerged as a pivotal strategic asset for many nations. Traditionally regarded as a safe haven, this precious metal plays a fundamental role in the financial stability of countries. Gold reserves enable central banks to support......
If you are a non-resident in Spain, there are specific services and rights available to you, as well as limitations. This article explores the intricacies of non-residency, helping you navigate the decision of whether to remain a non-resident or transition to residency. Being a non-resident in Spain......
Spain’s Socialist government on Thursday registered in the Congress its draft law for a 100 percent tax on non-resident non-EU property buyers, suggesting it intends to follow through on the proposal made by Prime Minister Pedro Sánchez last January. On Thursday, Spain’s PSOE-led......
Morocco has unveiled a bold plan to more than double its power generation capacity by 2030, aligning energy goals with its upcoming role as co-host of the FIFA World Cup. The move signals a strategic pivot toward renewables as the country targets energy independence and sustainability. Energy Transition......
As France continues to impede energy links from the Iberian Peninsula, Portugal is exploring the possibility of establishing an electrical interconnection with Morocco. This strategic consideration follows Spain's existing connection with the North African nation and arises in response to a recent......
The motorhome sector in Spain has experienced significant growth since the Covid-19 pandemic, leading to increased overcrowding and a struggle for space in both campsites and urban areas. In 2024, registrations of motorhomes and campervans surged to 6,459 units, reflecting a 22.1 percent increase from......
A coalition of 15 consumer rights organizations from across Europe has urged the European Commission to initiate an investigation into what they describe as unfair baggage charges imposed by budget airlines, including Ryanair and easyJet. This call comes in the wake of Spain's recent fines against......
Morocco has established a groundbreaking civil engineering standard for Africa with the perforation of the Al Massira dam, addressing the urgent issue of water stress in the Marrakech region, as reported by the African Development Bank (AfDB). This unprecedented project serves as a model for effective......
Being informed of a tax inspection in Spain can be particularly daunting for foreigners, especially those who are self-employed. Understanding how to respond, what documents to prepare, and other essential advice can help mitigate the stress associated with this process. Typically, a tax inspection......
Morocco has secured the fourth position worldwide for Schengen visa applications in 2024, following only China, India, and Turkey in the global ranking, according to recent data. SchengenVisaInfo reveals that 11,716,723 Schengen visa applications were submitted to EU countries in 2024, marking a 13.5%......
Morocco’s co-hosting of the 2030 World Cup alongside Spain and Portugal is enhancing its stature on multiple fronts, particularly in business and trade. The United Kingdom has recently declared its intent to strengthen ties with Morocco, aiming to unlock significant business opportunities linked......
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,......
Tanger Med Port Group has unveiled a bold strategy aimed at eliminating its carbon footprint while fostering sustainability among its operators, as announced at a recent industry event. During the International Transport and Logistics Exhibition for Africa and the Mediterranean (Logismed), Port Decarbonization......
