On 8 April 2024, the President of Spain, Pedro Sánchez, announced that he would initiate procedures to eliminate the granting of residence visas for investment, known as Golden Visas, for the purchase of real estate in Spain. The aim of this measure is to curb real estate speculation in high density areas of large cities… Continue reading Golden Visa: news and key points
Author: Anna Iatsel
Centralization of UBO Data in Spain
On September 19, 2023, the Royal Decree 609/2023, dated July 11, came into force, establishing the Central Register of Beneficial Ownership (UBO) and approving its Regulations. This means that, from now on, Spain will have a unified central register across its entire territory. The management of the Central Register of UBO (RCTIR) is entrusted to… Continue reading Centralization of UBO Data in Spain
27th International Academic Seminar organised by the Association of Brazilian Researchers and Students in Catalonia (APEC)
It has been a pleasure for us to participate in the 27th International Academic Seminar last Friday, October 28, 2022, which was organised by the Association of Brazilian Researchers and Students in Catalonia (APEC). In the framework of the Seminar our lawyer, Anna Iatsel, made a speech regarding residence permits for students as well as… Continue reading 27th International Academic Seminar organised by the Association of Brazilian Researchers and Students in Catalonia (APEC)
Restrictions on deposits by Russian citizens in the European Union
The package of sanctions against Russia approved by the Council of the European Union as a measure in reaction to the war in Ukraine includes the prohibition of accepting deposits of more than 100,000 euros by banking entities. Specifically, Regulation 2022/328, of February 25, 2022, stipulates in its article 5 ter that it is prohibited… Continue reading Restrictions on deposits by Russian citizens in the European Union
Immigration of foreign companies to Spain
Although nowadays the concept of “immigration” is mainly used to refer to people, it can also be applied to companies. Any company incorporated both in a member country of the European Union or in some other foreign country can immigrate to Spain without losing its legal personality. This type of operation is called international transfer… Continue reading Immigration of foreign companies to Spain
Virtual Shareholders` Meetings: from temporary to permanent measure
During the previous year 2021, the transitional provisions of virtual shareholders` meetings were in force, which were adopted as a consequence of the restrictions caused by Covid-19. Under the said provisions, companies could hold virtual meetings even though their bylaws did not provide for them. We discussed this subject in detail in one of our… Continue reading Virtual Shareholders` Meetings: from temporary to permanent measure