New childcare support law for Spain: An overview
Mon, 18 Mar 2024 07:00:22
GREATER practical and financial help for parents is on the cards now that a new 'family law' has passed its second reading in the Council of Ministers, with extended maternity and paternity pay, protected time off for childcare, tax rebates, and a revised definition of households eligible for extra support.
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How to get the best out of Valencia's Fallas festival, according to the experts
Sat, 16 Mar 2024 05:02:54
IF YOU'RE in the Comunidad Valenciana any time between now and the early hours of March 20, you may notice an awful lot of noise and colour on the streets. It's the season for the region's biggest festival, the Fallas – and it's anything but quiet.
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Customer service law approved: Changes for the better explained
Sun, 10 Mar 2024 10:59:45
A GROUND-BREAKING new customer service law has finally been approved by Spain's Council of Ministers after being shelved for nearly two years.
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Extra-terrestrial treasure: Prehistoric links to outer space found in Alicante province
Thu, 29 Feb 2024 13:13:40
OUTER space and the Bronze Age do not sit well in the same sentence – they may both have existed at the same time, but anyone based on Earth back then would not have known much, or anything, about what lies beyond.
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What's new at Barcelona Mobile World Congress 2024?
Wed, 28 Feb 2024 08:25:14
A FIRM annual fixture for fans of the latest technology, the Barcelona-based Mobile World Congress (MWC) never fails to blow visitors' minds with creations they didn't know they needed. And these cutting-edge inventions are not just about ever-more sophisticated mobile phones and similar gadgetry – the futuristic concepts showcased cover all areas of life and work in a bid to make both as easy as possible. In 2019, the MWC even unveiled 'smart hives' for beekeepers.
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'Style Queen': UK media pours praise on HRH Letizia's elegant attire
Tue, 27 Feb 2024 11:24:15
BRITISH media outlets have lauded Spain's Queen Letizia's effortlessly-elegant dress sense over the past few days as she accompanies her husband King Felipe VI to London.
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Foreign incomers push population above 48 million for first time ever
Thu, 22 Feb 2024 21:14:24
SPAIN'S headcount has risen to its highest figure in history – for the first time ever, the population has broken the 48 million barrier.
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One in three homes bought without a mortgage
Tue, 13 Feb 2024 13:30:44
MORTGAGE-LENDING has reduced dramatically in Spain in the past year, but that has not stopped homes on sale being snapped up: Over a third were purchased in cash, according to the latest figures.
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Goya Award for Ghostbuster Sigourney Weaver...and other winners for 2024
Sun, 11 Feb 2024 22:55:09
SIGOURNEY Weaver and survivors of a South American plane crash took centre stage at Spain's answer to the Oscars this week, the Goya Awards – and one film netted 12 prizes out of its 13 nominations.
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Vueling to 'multiply' low-cost flights ahead of Olympics, Euros and America's Cup
Thu, 01 Feb 2024 07:30:46
SPANISH national low-cost airline Vueling has announced numerous extra flights this summer, increasing frequency and destination choice for 2024.
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Budget fuel station Ballenoil unveils major expansion plans following CEPSA takeover
Tue, 30 Jan 2024 06:55:07
LOW-COST self-service petrol station chain Ballenoil plans to open a further 110 premises in Spain this year on top of the 233 it already operates nationally.
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Primark seeks 200 employees for new store in Madrid
Sun, 28 Jan 2024 14:46:15
BUDGET clothing store Primark has announced plans to open another branch in Madrid next month – the chain's 61st retail outlet in Spain.
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Madrid airport to undergo €2.4bn expansion 18 years after T4 opening
Fri, 26 Jan 2024 19:37:21
SPAIN'S president Pedro Sánchez has announced plans to expand Madrid's Adolfo Suárez-Barajas airport with a budget of €2.4 billion – the largest investment in aviation infrastructure in the country in more than a decade.
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Aldi to open a string of new stores across Spain this year
Thu, 18 Jan 2024 09:45:21
GERMAN supermarket chain Aldi has announced a major expansion plan for Spain in 2024, with its distribution centre in Sagunto (Valencia province) set to open next month and a another one on the cards for the north.
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New Year price changes in Spain: What's gone up and come down?
Tue, 16 Jan 2024 20:32:50
EVERY January in Spain sees the start of a new tax year and, with it, changes in prices of utilities, commodities and certain consumer goods, along with amendments to State benefits, the minimum wage, and contributory pensions.
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Pound Euro exchange rate slips as UK data disappoints
Sun, 17 Mar 2024 08:29:50 +0000
The Pound Euro exchange rate trended broadly lower this week as the latest UK data stoked Bank of England (BoE) interest rate cut speculation. Pound stumbles on lacklustre UK jobs report The Pound Euro exchange rate got off to a poor start this week. Sterling ran afoul of some profit taking following the previous week’s […] The post Pound Euro exchange rate slips as UK data disappoints appeared first on Spanish Property Insight .
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Official figures confirm 2023 as second-best year on record for foreign buyers
Sun, 17 Mar 2024 08:28:09 +0000
The foreign appetite for residential property in Spain was the second-highest on record after the boom year of 2022, confirm the latest figures from the Spanish Housing Ministry. There were 123,189 homes bought by foreigners in 2023, a decline of 8pc compared to the post-pandemic boom year of 2022, and the second-highest number on record, […] The post Official figures confirm 2023 as second-best year on record for foreign buyers appeared first on Spanish Property Insight .
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Seville, dream city
Wed, 13 Mar 2024 16:10:58 +0000
Raymundo Larraín looks at Sevilla’s highlights as a place to live, visit, and invest. I continue today with my running series on top places to buy and live in Spain. You can find older entries on this series scrolling down below. These impromptu light-hearted guides are not meant to be exhaustive; they are just there […] The post Seville, dream city appeared first on Spanish Property Insight .
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Moving to Spain: The Beckham Rule
Mon, 11 Mar 2024 08:18:48 +0000
You can work in Spain and enjoy the Spanish lifestyle while benefiting from an exceptional tax regime under the Beckham Rule. The Beckham Rule, which popular name was taken from David Beckham when he arrived at Real Madrid in 2003, is a special tax regime for expatriates introduced by the Spanish government as an incentive […] The post Moving to Spain: The Beckham Rule appeared first on Spanish Property Insight .
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Pound Euro exchange rate strikes three-week high following ECB rate decision
Sun, 10 Mar 2024 10:56:23 +0000
The Pound Euro exchange rate was infused with some notable volatility this week as the European Central Bank (ECB) delivered its latest interest rate decision. Euro rocked by ECB rate decision The Pound Euro exchange rate opened this week on firm footing. Sterling was supported by reports which suggested that the tax cuts in Chancellor […] The post Pound Euro exchange rate strikes three-week high following ECB rate decision appeared first on Spanish Property Insight .
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Foreign buyers take record share of Barcelona housing market
Sun, 10 Mar 2024 10:55:59 +0000
More than a quarter of Barcelona home sales involved a foreign buyer in the last quarter of 2023 as local buyers slumped. Of the 3,274 home sales registered in the land registry in the last quarter of 2023 894, or 27.3%, involved a foreign buyer, reveal new figures from the Catalan regional government (illustrated above). […] The post Foreign buyers take record share of Barcelona housing market appeared first on Spanish Property Insight .
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HOME SALES: Market returns to growth in January
Sun, 10 Mar 2024 08:00:53 +0000
Spanish home sales returned to growth after 15 consecutive months of declines. There were 48,517 home sales witnessed by notaries in January according to the latest figures published by the notaries’ association, the first time the market has grown year-on-year since September 2022 (illustrated above). By region sales increased the most in Andalusia (+9.9%) and […] The post HOME SALES: Market returns to growth in January appeared first on Spanish Property Insight .
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Luxury rentals in Spain explained
Mon, 04 Mar 2024 15:29:06 +0000
Lawyer Raymundo Larrain explains luxury rentals and their unique legal advantages. You are probably aware of Spain’s Tenancy Act (LAU, in Spanish). This law is somewhat infamous because it (over)protects tenants at the expense of landlords’ rights. The logic behind this is that lawmakers view tenants as the weak party in need of protection. Thus […] The post Luxury rentals in Spain explained appeared first on Spanish Property Insight .
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Pound Euro exchange rate wavers following mixed data
Fri, 01 Mar 2024 16:53:13 +0000
The Pound Euro exchange rate edged lower over the past week amid mixed EUR data and warnings over the UK’s impending Spring Budget. Euro fluctuates on uneven data The Pound Euro exchange rate initially stumbled this week. EUR exchange rates firmed in response to hawkish comments from European Central Bank (ECB) President Christine Lagarde. While […] The post Pound Euro exchange rate wavers following mixed data appeared first on Spanish Property Insight .
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Pound Euro exchange rate fluctuates amid mixed data
Sun, 25 Feb 2024 10:46:51 +0000
The Pound Euro exchange rate traded erratically this week in response to mixed data and central bank interest rate speculation. Pound knocked by BoE rate cut speculation The Pound Euro exchange rate initially firmed this week. EUR sentiment stumbled at the start of the session after Germany’s Bundesbank warned the country is likely in a […] The post Pound Euro exchange rate fluctuates amid mixed data appeared first on Spanish Property Insight .
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