Hi there.
I have a cortijo, that I am wanting to release funds on, but it appears no Spanish bank will do a re-mortgage these days.
So I am thinking of 'selling' my property to my mate who is my business partner in the UK.
He would get a mortgage in his name, purchase it, and then I would use the funds.
I am just wanting to know how much tax he the 'buyer' would pay, and if I formed a limited company prior to all this, could I get a postponement of CGT for upto 5 years as I've heard?
Many thanks
Jay