🚨 The Ministry of Labor fines real estate companies more than €250,000 for false self-employment 🚨 🏘️ Many real estate companies in Marbella 🌴 have been fined 💸 because a large part of their staff 🧑💼 lacked legal contracts 📄. 🔍 Massive inspections 👮♂️ and sanctions ⚖️ are shaking the sector: smaller firms 🏢 are warning they may have to close 🚪, while...
🇪🇸 Spain Economic Briefing 2025 📈 GDP Growth: Q2 2025 +0.7% (beat 0.6% forecast); annual +2.5% vs. EU peers (France +0.6%, Germany 0%, Italy +0.7%).💼 Growth Drivers: Strong investment & household consumption; booming tourism (12% GDP, 3M workers, +9.7% YoY).🌍 Services Exports: Non-tourism sectors (IT, finance) now bigger than tourism (€100B vs. €95B).🛂 Immigration Boost: 90% of...
🌟 La Zagaleta Acquired by Modon Holding: Europe's Most Luxurious Residential Estate 🌟 💼 Modon Holding, based in Abu Dhabi, has acquired 100% of La Zagaleta S.L., the exclusive owner of the La Zagaleta luxury residential estate in Benahavís, Spain. This milestone marks Modon's entry into the European high-end real estate market and aligns...
🔍 Understanding the Reform of the Ultimate Beneficial Owner Registry in Spain 🇪🇸💼 In April 2021, Spain incorporated Directive (EU) 2018/843, known as the EU Fifth Directive on Anti-Money Laundering, into its law via Royal Decree-Law 7/2021. This directive aims to prevent money laundering and terrorist financing through the financial system. 💰🚫 One significant change brought by the...
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