Royal Decree-Law 15/2020 of April 21 was published in the Official State Gazette on April 22, 2020, regarding complementary urgent measures to provide support for the economy and unemployment. The law came into force the day after its publication. As had already been done for main residence leases, a series of new measures have been… Continue reading Measures for the different use of leases other than residence as a consequence of COVID-19
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Measures relating to main residence leases adopted as a consequence of COVID-19
On April 1, Royal Decree-Law 11/2020, of March 31, was published, which adopts additional urgent measures in the social and economic sphere to confront COVID-19. The twelfth Final Provision indicates that the measures envisaged will remain in force until one month after the end of the term of the declaration of the state of alert,… Continue reading Measures relating to main residence leases adopted as a consequence of COVID-19
Residence permit vs. Tax residence in Spain
Every year Spain issues thousands of residence permits to foreign citizens who come here to study, work, invest or simply have holidays at their second home. Regardless of the type of authorisation, the same doubt usually arises: “having a residence permit in Spain implies becoming its tax resident?” First and foremost, it must be clear… Continue reading Residence permit vs. Tax residence in Spain
Is ignoring an order of an authorised officer for having broken the confinement during the state of alarm just an administrative penalty or can it be considered a crime?
Article 7 of the Real Decree 463/2020, of March 14, which declares the state of alarm for the management of the situation of health crisis caused by COVID-19, limits freedom of movement of the majority of Spanish citizens, which has been restricted even more by the Real Decree-Law 10/2020, of March 29, which regulates a… Continue reading Is ignoring an order of an authorised officer for having broken the confinement during the state of alarm just an administrative penalty or can it be considered a crime?
More about the clause “rebus sic stantibus” at times of Covid-19
We are living in very difficult times not solely from a personal, family and human point of view but also from business perspective, as a set of measures have been approved which greatly affect usual functioning of our production, distribution, advertising, sale and purchase system, our employment market, as well as our relations with different… Continue reading More about the clause “rebus sic stantibus” at times of Covid-19
The Supreme Court declares that the interest rate on revolving credit cards constitutes usury
The Supreme Court has issued a ruling indicating that interest rates which are higher than 20% for deferred payment on revolving credit cards constitutes usury. This interest rate on revolving credit cards is considered by the Supreme Court to be disproportionate. The rate reaches 27% on occasion, and this is far and above what may… Continue reading The Supreme Court declares that the interest rate on revolving credit cards constitutes usury