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Sunshine, Seaside, and Financial Incentives: Property Investments Surge on the Costa del Sol Following Wealth Tax Elimination

Property investment on the Costa del Sol has grown increasingly appealing in 2024, largely attributed to its enhanced tax benefits for expatriates. One key development is the elimination of the wealth tax, which was formerly imposed on individuals with global assets over €700,000, affecting both residents and non-residents. This change has opened doors for affluent individuals considering buying properties and possibly settling in the region. This transformation is pivotal for potential investors, particularly when coupled with the area's array of tax incentives. These benefits include low inheritance or gift taxes, favourable rates for investment income and capital gains taxes ranging between 19% to 26%, and advantageous treatment of private pensions as investment income. Moreover, modifications to the Model 720 form, mandatory for declaring foreign assets over €50,000, have enhanced clarity and eased worries about hefty fines. Previously, non-compliance or errors in filing could ...
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"Marbella Mosaic: Sports Triumphs, Healthcare Hurdles, and Cultural Flourishes on the Sunny Costa del Sol"

Marbella and its surrounding areas have been bustling with events, developments, and notable incidents in recent weeks, reflecting the dynamic nature of this popular Costa del Sol destination. Sports enthusiasts had something to cheer about as FC Marbella showcased their prowess with a 3-0 victory over Cártama, thanks to a stunning second-half performance. This local football action underscores the region's vibrant sports scene, which continues to draw attention and support from locals and visitors alike. The area's commitment to health and wellness was highlighted by the offer of high-quality, affordable hair transplants for less than €3,000 in Spanish clinics, demonstrating the Costa del Sol's growing reputation as a hub for medical tourism. However, the healthcare system faced challenges, as reports emerged of patients enduring over a year-long waits for surgery at a Marbella hospital, raising concerns about healthcare accessibility. Marbella's cultural landscape is ...

"Every Five for Festive Lights: Metro Trains on a Rapid Roll to Malaga's Yuletide Glow"

Starting this Friday, when Malaga's festive lights burst into life, the pulse of the city's metro services will quicken. From 5.30pm to 11pm, the heart of the city will pulse with trains arriving every five and a half minutes. The anticipation is building. November 24, circled in crimson in countless calendars, heralds the beginning of Christmas in Malaga. At 7pm, the city's authorities will unveil the seasonal splendour along the premier shopping avenue, Calle Larios, signalling the start of holiday festivities. An impressive array of over 2.2 million LED lights will adorn 500 thoroughfares, plazas, and landmarks, turning the city into a luminescent wonderland. This spectacle is set to draw throngs to the city's core. In response, Metro de Málaga is ramping up its train schedule, promising a train every 5 minutes and 20 seconds from November 24th, as announced on their X social media platform. This enhanced train schedule kicks off on the lighting ceremony day, offerin...

"Malaga Port's Disputed Hotel Tower Approved by City Council"

The Torre del Puerto hotel and conference centre, financed by Qatari investment and backed by the Hesperia hotel chain, has been approved by Malaga city officials. The decision was reached in a recent urban planning council meeting with six votes in favour and four against. This luxury hotel, standing at 116 meters, is set to be constructed on the Levante dock esplanade. The project, which has faced a five-year delay, received the green light from the city's urban planning committee. Support and opposition for the project were divided. The Partido Popular members voted in favour, while the Socialists and one member from Podemos opposed it. Vox chose to abstain from voting. The development has faced criticism from the 'Let's Defend Our Horizon' group and UMA art history professor Francisco Rodríguez Marín, who argue that the tower will disrupt Malaga's skyline and obstruct views of the historic La Farola de Malaga lighthouse. Socialist spokesperson Mariano Ruiz Araúj...

"Terminal Turbulence: Runways in Rebellion"

Summer in Malaga airport sizzled not just with the blazing sun, but with the fiery spirit of striking staff, stirring a cocktail of chaos in the terminals! The security guardians, armed with signs instead of scanners, have launched a seasonal strike saga, turning the airport into their stage of protest. The plot? Well, endless queues snaking through the terminal, a live drama that unfolds especially during the grand performances of peak times - a spectacle captured and premiered on Facebook this very morning! Adding more turbulence to the terminal tale, the handling heroes - the backstage crew that make your skyward journeys possible - rallied in a choreographed protest on the 23rd of October. Their stage spanned across various airports, with Malaga stealing the spotlight. The act? A passionate performance against the tender's tricky script, composed by Aena for the orchestration of ground handling symphonies. But wait, the drama doesn’t end there! The warriors of Iberia in Malaga ...

Estepona Sun Kisses Presenter’s Cheek with Warm, Spotlight Embrace!

With the sun casting its radiant, daily spotlight overhead, Estepona rolls out its golden sands as a welcome mat, beckoning “A Place in the Sun” celeb, Jasmine Harman, and her delightful troop - husband and kiddos included - into its warm embrace for a delightful act titled: New Beginnings. Jasmine, no stranger to the tantalizing dance between dwellings and dreamers with her two-decade waltz on Channel 4, has been the fairy god-presenter, sprinkling home-finding magic dust from Portugal to Malta to Cyprus. Yet, after years of orchestrating homey happily-ever-afters, she’s chosen to pen her own, right in the heart of sun-soaked Estepona. “It was a canvas of years in the painting,” Jasmine confided in Hello! Magazine with a smile akin to one indulging in a delightful secret. “With each year gently nudging us towards craving more moments stitched together with family laughter and wrapped in quality time. And thus, with a dash of courage and a sprinkle of adventure, our decision bloomed, o...

"Spain and England's World Cup Waltz: The Pinnacle Plays of the Pitch!"

 "La Roja and the Lionesses set for a Down Under Duel in Sydney! Prepare for a football fiesta as Spain's La Roja squares off against England's Lionesses at the iconic Stadium Australia this sunny Sunday, 20 August. The stakes? Just the little matter of the Women's World Cup title. For both teams, it's uncharted territory. They've danced around the finals before, but never quite made it to the last tango. Spain's road to the finals was nothing short of a nail-biter. With a thrilling 2-1 victory over Sweden, where the scoreboard remained dormant until the last 10 minutes, La Roja proved they love a little late-game drama. As for the Lionesses, they showed their mettle by taming the co-hosts, Australia, with a captivating 3-1 win. Now, with the world watching, both squads are on the prowl, each looking to pounce and claim their first-ever Women's World Cup crown. May the best team win (and the fans get to enjoy some fantastic football)!"