Investments in Spain

 According to the European Union the unique European country showing during last years stably high rates of growth of economy, Spain is. For the first 6 months of current year this figure has made 2,3 %. On a background of the deep economic crisis which has captured the majority of the countries of the Europe, Spain is looked by island of stability and well-being. Therefore inhabitants of other countries Western and the East Europe do significant monetary injections in many sectors of economy of kingdom. As the Spanish government in view of high unemployment in the country in every possible way encourages it for inflow to the country of investments from abroad promotes creation of new workplaces.
 Investments practically in all Are favourable. For today the most part coming to Spain from abroad money is put in such branches as
 Construction, tourist and hotel business, sphere of services of various type, trade and public catering, cultivation and processing of agricultural products, publishing, computer technologies and a number of other branches allowing in short terms to return enclosed means and to receive high profits to the western measures. And low rates under commercial credits allow to expand scales of investment repeatedly.
 Our company forces of the analytical, legal and marketing services is ready to promote investment of any money resources by you in the branch of economy of Spain chosen by you on the most favourable conditions, and our communications in the Spanish bank environment will provide high speed of these operations and granting to you of necessary credits.

 Construction in Spain.
 To get the inhabited or commercial real estate in Spain it is possible in two ways: to buy ready object in the secondary market or to get again under construction. The second variant is more preferable. Why?
 First, you can choose furnish of the future habitation, and sometimes and a lay-out, to own taste, instead of predilections of the previous owner. In - the second if the project of the object necessary to you still is not created, it is possible to create it, instead of to adapt under your needs already available structure. And at last in - the third to construct new object approximately on 15 - 20 % are cheaper, than to get same new, but available.
 Unique advantage of purchase of the real estate in the secondary market is the opportunity of faster beginning of operation of your purchase. Terms of construction in Spain basically are defined by building norms. For example, the concrete design of a under construction house should выстояться some months. The general term of erection of a new structure usually makes from the statement of the project before delivery in operation approximately one and a half year. But as sale of apartments in the new house or локалей in a under construction trading complex begins earlier, than builders start excavations, you have a chance to make purchase under the prices which have developed for the term of the beginning of construction and which during construction almost for certain considerably will grow.
 According to Bank of Spain of the price for all kinds of the real estate during last years steadily grow. On this parameter Spain is the unconditional leader among the countries of the European Union. The prices for again under construction country houses and apartments especially quickly grow in multi-storey houses. As such tendency follows from the forecast of IMF will be kept the nearest years and cost of the Spanish real estate annually will approximately increase on 15 - 20 %.
 Investments into Spain.
 Foreign investments
 The general mode of liberalization of foreign investments in territory of Spain, in the form of the subsequent notice of corresponding administrative bodies in the administrative, economic and statistical purposes At the moment operates. Exception is made with the investments which are carried out from free zones from taxes.
 Subjects of investments
 Concern To foreign investors:
 - physical persons non-residents;
 - the legal persons formed abroad.
 Objects of investments
 Investments can be realized on means any of following operations:
 Participation in the Spanish enterprise.
 Participation is understood as establishment of the enterprise, individual share or purchase of actions of the existing enterprise, in full or partial volume. And as purchase of the rights to purchase of actions, bonds with an opportunity of their subsequent converting in the action and other similar securities entitling participation in the capital and operation of business.
 Establishment and increase in financing of permanent mission (branch).
 Purchase of the rights of the requirement under the loans which have been given out by residents of Spain.
 Participation in investment funds, members of a securities market.
 Purchase of the real estate in territory of Spain, for the sum exceeding 500 million Pesetas or equivalent in Euro, and also irrespective of cost if payment is made from free tax zones.
 Establishment or participation in agreements on capital investments for the sum, exceeding 500 million Pesetas or equivalent in Euro, and also irrespective of the size of the contribution if payment is made from free tax zones.
 Official registration of investments in administrative bodies is carried out in conformity with following norms:
 By the general rule, investors personally declare investments. In case of if operations on investment demand the notarial certificate under the agreement of parties, the duty on registration can be assigned to the notary.
 In unusual cases, following rules operate:
 The Enterprises rendering services on realization of investments, the credit organizations and other financial establishments are obliged to declare operations on investment if investments are made in the securities which are quoted on a securities market.
 In case of investments in некатирующиеся securities, and their subsequent registration or оставлением on storage in corresponding establishments (specialized divisions of banks), the last carry out a considered duty.
 The Organizations operating affairs of the Spanish investment funds, notify corresponding state bodies on the investments which have acted in them.
 In case of purchase of registered stocks of the Spanish company, the specified duty arises at last from the moment of entering the investor into lists аффилированных persons of the company.
 The Annual report on activity
 The Enterprises with the foreign investments making from 10 % up to 50 % of the authorized capital or exceeding in total sum in 500 million of Pesetas, and also permanent missions (branches) are obliged to represent the annual report on use of investments in the activity.
 Withdrawals from the general mode
 For realization of investments into a field of activity connected with national safety, and also for purchase at stock exchange of a share holding of the company (5 % and more), working in the given area, a necessary condition are reception of the preliminary sanction in administrative bodies of the state.
 The sanction to investments into following areas is required: The defensive industry, transport, communication, oil recovery and gas, a gaming, bank and insurance activity, fishery. Absence of the answer to the application of the investor in 30-days term is the sanction to investments.