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Archive for the ‘Economy’ Category

Important new law for residents with assets outside Spain

Thursday, February 7th, 2013

[caption id="attachment_9762" align="aligncenter" width="578" caption="Modelo 720 is a new form for declaring assets outside Spain worth over 50,000 euros."] [/caption] If you are residente in Spain - basically, those who spend more than 183 days a year here, or whose business is based here (if in doubt, check with your asesor ...

Good news for young would-be autonomos

Monday, January 28th, 2013

Are you young (in your twenties or early thirties) and looking to go self-employed? Or do you know someone who is? Then you'll be delighted to hear that the government is cutting the hefty autonomo (self-employment social security) payment for the first six months from 250 euros per month to ...

Here Comes the Sun…

Thursday, January 24th, 2013

No, this is not a weather forecast... You may have noticed the growing popularity of flashmobs around Spain lately. These are groups of people who, either spontaneously, or (more often) having rehearsed, perform a song and/or dance in a public place. Flashmobs can be anything from 20 to 200 people. Last year ...

La Gran Recogida collects over 1,500 tons of food

Monday, December 3rd, 2012

[caption id="attachment_9053" align="aligncenter" width="431" caption="Collection box for La Gran Recogida in our local supermarket. This was after half a day."] [/caption] As Christmas approaches, and people stock up on seasonal delicacies such as turron (almond nougat), polvorones , and mantecados, many of us think about those less fortunate, for whom getting ...

Latin America and the Andalucian economy

Monday, November 26th, 2012

[caption id="attachment_9009" align="aligncenter" width="578" caption=" Andalucian olive oil is one of the region's most important exports."][/caption] When looking at the world's rising economies, as well as China and India, many experts cite South America as an area to watch. Everyone knows Brazil is on the up, with the World Cup and ...

General strike on Wednesday: 14N

Monday, November 12th, 2012

This Wednesday, 14 November, there is a 24-hour general strike across Spain - the second this year. But not just Spain; trade unions across much of Europe are urging their members to show anger at governments which are making lives impossible, on a pan-European day of action organised by the ...

The power of giving

Monday, October 15th, 2012

[caption id="attachment_8363" align="aligncenter" width="578" caption="Operacion Kilo aims to collect 4.5 million kilos of food this year in Seville."][/caption] From time to time, I used to notice collections of food at the entrance to my local Carrefour supermarket. They would collect kilo bags of sugar, rice, lentils or other basic foodstuffs, to ...

The brighter side of life in Spain

Thursday, October 4th, 2012

It's unlikely to have escaped your notice that Spain hasn't been getting the most positive coverage in the international press recently. Many newspapers and other media outlets in the UK, the USA and elsewhere have been focussing, understandably, on the economic challenges faced by President Rajoy's government, and the effects of ...

Back to VAT

Monday, September 3rd, 2012

If, like me, you've been away for the summer, and have recently arrived back in Spain, you may be somewhat alarmed by the rise in IVA, effective as of last Saturday, 1 September. IVA is Impuesto sobre el Valor Añadido, and applies to virtually all goods and services, except health ...

Shop till you drop

Monday, July 16th, 2012

I was astonished to read recently that the Spanish government is going to oblige shops in some cities to stay open for longer hours, and double the number of Sundays and public holidays - including Malaga, Cordoba, Granada and Sevilla. When I first arrived here in Spain almost nine years ago, ...