Can foreigners buy property in Spain without being residents?

Yes. Spain imposes no general restrictions on foreign property ownership. EU and non-EU nationals may purchase freely regardless of residency status. The key requirement is obtaining an NIE before completing the transaction.

What taxes apply when buying property in Spain as a non-resident?

For resale properties, the main acquisition tax is ITP, typically ranging from 6% to 13% depending on the region and property value. New builds attract VAT (10%) plus stamp duty. Total acquisition costs typically represent 11–14% on top of the purchase price.

Can I complete the purchase without travelling to Spain?

Yes. Through a notarial power of attorney, your Vicox Legal team can represent you at every stage without requiring your physical presence in Spain.

What mortgage conditions apply to non-resident buyers?

Spanish banks typically offer non-residents financing of up to 60–70% of the property value. You should have approximately 40% of the total cost available in cash.

Does Vicox Legal also advise on wealth structuring after the purchase?

Yes. We advise across Spain, Portugal, Luxembourg and Switzerland within a single engagement, covering holdings, SOPARFI structures and international family office setups.

Cryptocurrencies - Vicox Legal

Updated list of companies that can provide services with cryptoassets

Cryptocurrencies / Admin

In October 2021 the Registry of suppliers of virtual currency exchange services for fiat currency and custody of coin purses was opened. All those individuals and legal entities (subsidiaries, branches...) that offer or provide these services in Spain with or without permanent establishment [...] must be registered in this registry of the Bank of Spain.

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What is Gambling?

Cryptocurrencies / Santiago Barroso

Before starting, it is necessary to point out two different concepts that can lead to confusion: gaming and gambling. The former refers to all video games and their different variants, while the latter covers all games whose main factor is chance, while their purpose is to win a certain amount of money.

What is Gambling? Read more "

What are Security Tokens?

Blockchain, Cryptocurrencies / Rubén Rodríguez Abril

Security tokens are, as their name suggests, securities represented by electronic book entries (tokens) in distributed registries. As such, they are subject to general securities legislation, both in the United States and in the territory of the European Union. The emergence of Ethereum and other blockchains structured in accounts

What are Security Tokens? Read more "

Web 3.0 Business Models

Blockchain, Cryptocurrencies, Decentraland, Metaverso, NFT / Victor Perea El Khalifi

Before focusing on Web 3, it should be mentioned that the web has evolved a lot over the years and that today it is divided into three stages: Web 1.0, Web 2.0 and Web 3.0.

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Mining on the Blockchain

Blockchain, Cryptocurrencies / Santiago Barroso

Blockchain technology is made up of non-centralized distributed networks, which are understood as those networks formed in the absence of a main center, i.e. without a central server with the power to determine the scope of the request made. These networks are mainly characterized by their decentralized nature, as they are based on a model

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DAOs

Blockchain, Cryptocurrencies / Rubén Rodríguez Abril

Decentralized Autonomous Organizations, better known by the English acronym DAOs (Decentralized Autonomous Organisations) are the closest institution to the legal entity existing at the moment in cyberspace. They are entities - resident in one or several Ethereum accounts - through which several users share a common fund and decide, through voting,

DAOs Read more "

Hedge Funds

Cryptocurrencies / Victor Perea El Khalifi

Even amid the volatility of the sector, the potential to accumulate large amounts of wealth means that a growing number of traditional hedge funds are taking the risks of investing in cryptocurrencies and digital assets. Around four out of ten funds have already done so, while more than a quarter

Hedge Funds Read more "

Best Cryptocurrency Funds in 2022

Cryptocurrencies / Admin

Cryptocurrency investment funds try to facilitate investment in these assets. This is due to their diverse capabilities. Not only will we find Bitcoin funds on the market, but also funds containing other cryptocurrencies, other assets, related businesses and more. The truth is that, for the time being, investing in cryptocurrencies through funds.

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List of cryptocurrency friendly and non-cryptocurrency friendly banks in Portugal

Cryptocurrencies, Residency / Admin

Income from the sale of cryptocurrencies in Portugal has been tax exempt since 2018. Traditional investment income-which currently does not include cryptocurrency investment income-is taxed at more than 20%. In recent months, Portugal has also been the focus of some of the biggest cryptocurrency-related events, including.

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Treasury will have to return the fines for the Model 720

Cryptocurrencies, Taxation / Admin

The Supreme Court has begun to apply the doctrine established in January by the Court of Justice of the European Union (CJEU) on the declaration of assets abroad through the Model 720, and has urged the Treasury to return fines imposed for this concept. In a ruling dated June 20, 2007

Treasury will have to return the fines for the Model 720 Read more "

Cryptocurrencies