According to comprehensive reports from Worldway: The Official State Gazette (BOE) of Spain announced today that the new fiscal reform, finalized by the Spanish Parliament on the 20th of this month, will take effect on January 1, 2015. The new fiscal reform includes three key areas: reform of Personal Income Tax (IRPF) and Non-Resident Income Tax; Corporate Tax reform; and adjustments to Value Added Tax (VAT). This will benefit 20 million taxpayers, with an estimated 9 billion euros in tax savings for taxpayers over the next two years.
Worldway's Spanish immigration experts note that this tax reform in Spain is significant in scale, broad in scope, and has rapidly enhanced the country's reputation, which will inevitably attract more investors. In the last two years, large enterprises have successively shifted their focus to Europe; first, Bill Gates partnered with a famous Spanish construction firm, followed by the Wanda Group's massive acquisition of a landmark building in Madrid, continuously sparking interest among domestic property investment immigrants. According to a CBRE survey, Spain has jumped significantly to 3rd place among target countries for investors. A well-known international consulting firm estimates that Spain's future real estate investment is likely to maintain a solid growth momentum, representing an opportunity not to be missed.
As a top-tier domestic investment immigration agency, Worldway is the immigration agency with an independent European customer service center in Europe. We are committed to providing comprehensive property consulting, property inspection, and post-immigration services for investors in European property immigration, including European property inspection itineraries, property settlement, immigration applications, renewal of immigration status, post-immigration arrival assistance, property management, property rental management, annual tax filing, and company incorporation. This eliminates any worries for investors immigrating to Europe, providing comprehensive service guarantees for clients' lives in Europe and safeguarding their property investments.
Worldway's Spanish immigration experts suggest that the momentum for European property investment is strong, and it is an optimal time for investment immigration. We advise investors to rationally choose projects that suit them and to work with qualified and mature immigration agencies. For comprehensive and authoritative Spanish immigration information, please contact the Worldway domestic immigration hotline at 400-138-2929.
Worldway Editor
