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Keywords: INCOME
Morocco is undergoing a significant transformation in its approach to welfare and social protection, aiming to modernize its support systems while addressing long-standing economic and regional disparities. Central to this shift is the gradual reduction of the Compensation Fund, the country’s hallmark......
Relocating to Andorra could significantly reduce your tax burden compared to living in Spain, especially if you’re a high-earner or self-employed. Nestled in the Pyrenees between Spain and France, this small, independent country offers not only breathtaking landscapes and outdoor activities but......
Siton Mining, a UK-based cloud mining company established in 2016, has introduced an innovative XRP-powered mining model designed to simplify Bitcoin mining for investors. This approach allows users to reap Bitcoin profits without the need for costly mining hardware, addressing the demand for low-barrier......
Moroccan households saw a modest reduction in their debt burden in 2024, with the average debt-to-income ratio falling to 34%, down from 35% in 2023. The findings come from the 2024 annual financial stability report, jointly published by Bank Al-Maghrib (BAM), the Insurance and Social Welfare Control......
With the rising demand for passive income in the cryptocurrency market, fintech innovator InvroMining has officially unveiled its advanced Bitcoin (BTC) cloud mining platform. This groundbreaking service enables users to generate daily income through an intelligent cloud-based system powered by green......
Residents of Valencia, Alicante, and the rest of La Comunitat Valenciana will see significant tax reforms in 2025, impacting wealth tax, inheritance and gift tax, property transfer tax, and personal income tax. These changes, introduced by the right-wing coalition of PP and Vox, aim to bring financial......
Spain has introduced new financial documentation rules for the Non-Lucrative Visa (NLV) as part of its updated Immigration Law, effective May 20, 2025. These changes clarify the financial evidence required for approval, providing greater transparency for applicants. What is the Non-Lucrative Visa? The......
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,......
Recent data from Eurostat reveals that despite Spain's ongoing economic growth, the purchasing power of its residents remains as low as it was 25 years ago. Spaniards now find themselves eight points below the EU average income level, a stark reminder that macroeconomic indicators do not always reflect......