Spain's tax agency has unveiled an ambitious new plan aimed at scrutinizing individuals whose visible wealth does not align with their reported income. This initiative is part of the Spanish Tax Agency's (AEAT) Tax Control Plan for 2025, which emphasizes the investigation of taxpayers showing......
Remittances from Spain to Morocco have nearly doubled over the past decade, establishing Morocco as the second-largest recipient of funds transferred from the European nation. Recent data from the Bank of Spain, analyzed by The Objective, reveals that in 2023, remittances to Morocco reached €1.375......
According to official figures released on Monday in Madrid, Moroccans residing in Spain hold the top position among foreign workers affiliated with the social security system. As of the end of February 2025, the total number of Moroccans contributing to Spain's social security reached 350,433, making......
The rental market in Barcelona has experienced a 6.4% decrease in prices one year after the implementation of rent control measures aimed at areas with high demand. Across other regions in Catalonia, where the same measures apply, the reduction stands at 3.7%. Despite these positive results, Sílvia......
In recent months, Spain has found itself in the spotlight as the European Union prepares to take legal action against the country for imposing a discriminatory tax on non-residents. This issue has gained traction since Prime Minister Pedro Sánchez announced plans to address the housing crisis,......
Spain has substantially increased its arms exports to Morocco, with figures soaring by 1,264.77% in 2024 compared to the previous year. The total value of these exports is now €21 million, up from just €1.5 million in 2023, according to an analysis by the Spanish news outlet OKDiario based......
For Americans contemplating a move to Spain, understanding the cost of living is crucial. Recent statistics reveal a significant trend: the number of Americans residing in Spain surged by 10,000 from 2022 to 2024. The growing appeal of Spain lies in various factors, including a favorable political climate,......
Authorities in the Balearic Islands—Mallorca, Menorca, Ibiza, and Formentera—are introducing a series of measures aimed at controlling mass tourism and fostering a more sustainable tourism model. These initiatives include taxes on rental vehicles and steep fines for illegal tourist accommodations. The......
As Spain grapples with an escalating housing crisis, many citizens are turning to a lottery system for a chance at affordable living. Among them is 30-year-old auxiliary nurse Pacheco, who, alongside her partner Sergio Encinas, has faced the harsh reality of soaring rents. The couple has been unable......
US President Donald Trump's trade policies have recently cast a shadow over Europe, with the potential for 25 percent tariffs on EU-made goods. This move, which Trump claims is necessary to rectify what he perceives as unfair trade practices, has significant implications for various sectors in Spain,......
Morocco's green hydrogen ambitions took a significant leap forward with the selection of five major investors during a steering committee meeting chaired by Prime Minister Aziz Akhannouch in Rabat. This move is part of a broader initiative to develop six projects valued at MAD 319 billion ($31.9......
Spain continues to attract many expatriates looking to retire, with its favorable climate, picturesque coastline, and vibrant culture. However, rising living costs, including soaring housing prices, inflation, and increased taxes, have led to concerns about the true affordability of retiring in this......
The average price of a pre-owned home in Spain has surged to a record €2,271 per square metre following a 1.5 percent monthly increase in February, as reported by property portal Idealista. This marks a 1.2 percent rise over the last three months, setting a new benchmark for Spain's leading......
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