Spain
The foreign Ministry is finalizing lists of Russian tourists who want to return home
The Ministry of foreign Affairs of the Russian Federation announced that on March 26, at 14: 00 local time, it will finish forming lists of Russian citizens who need assistance with returning to their homeland.
“Please immediately transmit the necessary data to Russian foreign institutions,” the statement on the foreign Ministry’s website reads. All those who returned to Russia will face a 14-day quarantine, the Ministry recalled.
Rosturizm promised on March 24 to return home in a week all Russians having a rest on tourist routes. Continue reading
New rules for foreign account holders
From 2020, it will be easier for Russian residents to receive income from real estate to their foreign accounts. Tranio lawyers explain what this means, how to submit reports to the tax service under the new rules, and what to do for owners of foreign accounts.
From the first of January 2020, under the new rules on currency transactions, it does not matter in which country the property is located, and in which country the account is opened. The most important thing is that the account is in a “transparent” country: a member of the EEU or in a country with which Russia has an automatic exchange of financial information. Continue reading
Property prices in Spain
Russians are most often interested in new buildings in Spain with an average cost of up to 200 thousand euros. In the preferences of Russians in the first place — apartments in prestigious residential complexes, in the second — villas with swimming pools.
Our compatriots are particularly attracted to real estate on the shores of the Mediterranean sea: in Barcelona, on the Costa Blanca, the Costa Brava and the Costa del Sol, as well as in Madrid.
Overview of the regions
The Costa Blanca is the most affordable region of Spain for housing prices. Continue reading
