Property, Tax and Residency in Spain Property and Tax in Spain 2 IPTW is a specialist consulting firm dedicated to managing the entire overseas property ownership process. We focus on strategic, tax, and wealth enhancement aspects of property investment. Buying property abroad can be stressful, but IPTW ensures you don’t overpay, stay tax efficient and compliant, secure proper financing, and manage your property effectively for a successful sale or inheritance. Our in-house experts and network of real estate professionals, banks, and commercial property managers work to locate properties that fit our clients’ criteria, prioritising their interests over agents' sales agendas. With a dedication to excellence, we offer a full combination of services, from finance introductions, mortgages, FX transactions, opening bank accounts, UK qualified surveys, tax analysis, asset protection structuring, legal due diligence and conveyancing. IPTW is here at every step of the process, from the beginning through completion, providing a well-structured approach towards securing deals at all times to minimise risks and maximise returns. Property Search & Sales Mandates Property Holdings: Wealth & Tax Planning Property Purchase: ROI, Financing & Leverage Property Transactions: Legal Compliance & Contracts Property Management: Accounting & Tax Property Ownership: Residency Solutions Property and Tax in Spain 3 Pre-purchase Tax Assessment: Evaluating the fiscal impact and implementing tax- efficient strategies to mitigate these effects, ensuring you understand the financial implications of your investment. Property Search and Sales: Introducing reputable estate agents with portfolios matching your requirements, helping you find the perfect property. Conveyancing: Full fixed fee services for legal reviews, searches, inspections, and contract preparation, starting from €1500 plus VAT, ensuring all legal aspects are covered. Financing Assistance: Providing options for both resident and non-resident purchasers, helping you secure the best financial arrangements. Post-purchase Support: Offering NIE and residency solutions, tax registration options such as the Beckham law, and ongoing management to ensure you remain compliant and efficient. Tax Planning and Accounting : Personalised tax planning, accounting, and submission of tax returns to facilitate compliance with Spanish tax laws and optimise your financial strategy. Property and Tax in Spain 4 Our approach is to develop methodologies and products which enable us to bring wealth enhancement solutions to a wider range of investors and property owners. Our philosophy is not to reinvent the wheel, but rather to adapt and implement what works. · Personal: Understanding our client’s and their situation · Professional: Applied knowledge and experience · Practical: Tried and tested solutions precisely delivered Asset Planning Understanding, Planning and Strategy: IPTW understands our client’s situation and motives to guide them through the most effective investment strategy Investment Strategy Applied Knowledge and Experience: With over 50 combined years of assisting expats with issues surrounding property ownership in Spain, we provide reliable and practical solutions Diversification Precision and Consistent Implementation: From protective structures to tax compliance, you’re in safe hands at every step of the process 1. Expert Local Knowledge: We draw on deep local insights to provide options that fit your criteria and guide you through the purchase process with your interests at the forefront. 2. Holistic Planning: We coordinate fiscal, residency, and financing strategies to fit your lifestyle ambitions, ensuring a smooth and transparent experience. 3. Asset Protection and Tax Planning: Our wealth and estate planning services are designed to protect your assets, maximise returns, and minimise tax implications. Our client-driven service draws on deep expert local knowledge of trends and locations, pinpoints a selection of options to fit your criteria, and steers you through the purchase process with our client's interest at the forefront. Longer term planning presale can maximise sales value and reduce tax obligations. IPTW can essentially manage the full sales process from selecting agents, professional valuations and sales channels, preparing your property for sale, completing the transaction, and clearing obligations. Our team includes English and Spanish lawyers and accountants with decades of experience from leading global firms. Through our partnerships and associates, we ensure up-to-date, complementary services. Our team’s expertise covers all aspects of property investment, ensuring a seamless and transparent process from start to finish. Property and Tax in Spain 5 Differentiation Our main quality is planning, and we prefer to meet our clients as early as possible in their decision-making process so we can gain a full understanding of their intentions for their purchase and lifestyle aims. We formulate personal situations with the most appropriate tax and residency strategy to fulfill all your requirements. Buying and Selling Property Buying a Property Purchase Price Negotiation: Using local knowledge to ensure the best price for your property. Due Diligence: Ensuring all title and permissions are in order, and all expenses are up-to-date or deducted from the seller’s funds at closing. Arras Contract: Managing pre-contract arrangements, finalising financing details, and ensuring a smooth transaction. Final Escritura: Assisting during the notary process to ensure all parties receive their due and the transaction is completed smoothly. Selling a Property Preparation: Ensuring the property is in top condition for sale. Realistic Valuation: Providing accurate property valuations to maximise sales value. Sales Process Management: Handling agent selection, viewings, and tax obligations to ensure a smooth and profitable sale. Property and Tax in Spain 6 At IPTW , we understand that moving to Spain as an expat, or buying property in Spain is an incredibly tedious, time consuming, and an expensive process. Knowing your permanent and semi-permanent visa options to legalise your right to stay and live in Spain can be complicated, many of the requirements and even in some cases the applications are best done from your country of origin before you arrive. Transferring your assets and understanding your financing options abroad may further complicate the process. This is where IPTW can step in, working with various providers to find your finance options, even in the most difficult scenarios. Our team will prepare and manage your financing proposal and the information required to enhance your likelihood of a positive outcome. Our experts specialise in assisting expats with the complex bureaucratic and legal processes that comes with property purchase and residency in Spain. With our accredited knowledge, and decades of experience helping expats avoid the many pitfalls and tax traps, we take the stress, hassle, and complications out of the process. We make it our mission to provide you with a personalised and professional service that is designed to minimise the costs, reduce your overall tax burden and confusion associated with a property purchase in Spain. Property and Tax in Spain 7 8 Managing professionals, from lawyers to financiers, in a foreign country can be extremely challenging. At IPTW, we look after our client’s interests and not those of venders or promoters. Our goals are not centered around corporate profit, rather, our purpose is to cater to each individual's needs and desired outcomes. Our team of professionals offer every service you would need, all under one roof. We have developed trusted partnerships with financiers and reputable real estate architects and builders, ensuring a smooth transparent process. As we are aware that property is core to one's wealth portfolio, we make it our priority to accomplish the most cost effective and tax efficient planning approach, along with keeping in mind the later outcomes of the investment, being that the property is eligible for inheritance or well-sold. With our holistic understanding of a property’s significance, we offer a comprehensive range of services tailored to meet your specific needs and goals in property investments and management. Our solution ranges from a consolidation of services; from property searches and sales, along with each mandate, introductions to reputable agents, wealth and tax planning, and all the legal and administrative steps along the complicated process of purchasing property. In short, having our team of professionals on your side before you begin navigating this complex process is the best way to ensure that your time is saved and your money stays protected. We are confident that our services will provide you with value no matter where you are in your journey. Property and Tax in Spain 8 Property and Tax in Spain 9 We offer a detailed PDF and video on the property purchase process, tax planning, and asset protection strategies. Contact us to download these resources or speak to an advisor. Additional Services Wealth and Estate Planning : Protecting assets and planning for the future with legal frameworks and efficient tax strategies. Asset Protection : Legal strategies to safeguard wealth from potential threats such as creditors, lawsuits, and tax authorities. Inheritance and Wills: Assisting with will preparation and inheritance planning, ensuring your assets are distributed according to your wishes. Detailed Guides and Resoruces Property and Tax in Spain 10