US dollar rebounds from two-year low as the global recovery begins to show cracks

Staying on top of the latest currency news can help you time your transfers more effectively, so find out what you should be looking out for over the next couple of weeks…

01 Sep 2020 at 12:00am

Driving Licences - Some notable changes to your licence in Spain

In July 2019 there was a change in CATEGORY B (Private Car) Licence holder’s entitlement to drive in Spain: the change meant that anyone holding a Category ‘B’ Licence would be able – if they wish – to legally drive more types of vehicle than previously.

01 Sep 2020 at 12:00am

What is Capital Gains Tax (CGT)

Capital Gains Tax is the tax that is paid on the profit on any sale of a property or other asset in Spain. Whenever the sale value is greater than the price you paid for the investment/asset, capital gains tax will be paid on the difference, i.e. the profit.

17 Aug 2020 at 12:00am

The Community of Owners

The majority of people who buy a house or apartment in Tenerife will find themselves a member of a Community of Owners.

07 Aug 2020 at 12:00am

Donation (or ‘Gifting’) a property in Tenerife

Are you considering donating your property in Spain, specifically in Tenerife - to your children? (A very good idea that will save you thousands of euros!)

06 Aug 2020 at 12:00am

Measures to improve safety on Tenerife roads

Last year the Spanish Interior Ministry introduced a new seven-point action plan across Spain which they hoped would help significantly in the reduction of the number of casualties on roads, fatal or otherwise

05 Aug 2020 at 12:00am

Second wave fears drive volatility in currency markets!

The past fortnight has been marked by some notable volatility in currency markets, amidst growing concerns that we face a Coronavirus resurgence.

02 Jul 2020 at 12:00am

Driving habits that can cost you money and points!

Whether you have been driving for years, are an occasional, or new driver, you will no doubt have picked up some bad driving habits. Read on to find to find out how they could cost you money and points.

01 Jul 2020 at 12:00am

Euro surges on EU’s Next Generation plan optimism

Hopes that the global economy is starting to recover as countries ease lockdown measures boosted market optimism last week. However, US-China trade tensions have capped some risk appetite and lingering Brexit concerns are weighing on the pound.

03 Jun 2020 at 12:00am

Euro fluctuates in the face of EU ‘coronabonds’ division

Coronavirus developments and March’s economic reports have continued dictating market sentiment in recent weeks, resulting in significant currency volatility.

02 Apr 2020 at 12:00am