Investing in Spain as a Foreigner: How to Invest from Mallorca
La inversión para extranjeros en España es perfectamente posible: si resides aquí más de 183 días al año tributas por IRPF como cualquier residente y puedes invertir en los mismos vehículos regulados que un español —fondos, fondos indexados, planes de pensiones, PIAS o seguros de ahorro—. La clave no es el trámite, sino elegir el […]
Retiring in Mallorca as a Foreigner: 2026 Tax Guide
Retiring in Mallorca as a foreigner in 2026 comes down to two things: sorting out your legal residence —EU citizens only need the EU registration certificate; non-EU citizens need a non-lucrative residence visa with around €28,800 a year in proven income— and understanding how your tax situation will change. Once you spend more than 183 […]
How to Leave Your Estate to Your Children in Mallorca
Leaving your estate to your children in Mallorca is cheaper today than in almost anywhere else in Spain: since 25 July 2025, both inheritances and gifts from parents to children carry a 100% allowance under the Balearic Inheritance and Gift Tax (the Spanish Impuesto de Sucesiones y Donaciones). What matters now is no longer how […]
Tax advantages for foreigners residing in Mallorca
Tax Advantages for Foreigners Residing in Mallorca Mallorca offers one of the most attractive tax rates in Spain for foreigners who take up residence here. Since 2023, the Balearic Islands applies a 100% rebate on Inheritance and Gift Tax for spouses, ascendants and direct descendants, so that inheritance between parents and children is practically tax-free. […]
Investments for self-employed in Mallorca: options and how to plan for them
Investments for Self-Employed in Mallorca: Options and How to Plan Them Investments for the self-employed in Mallorca serve two functions: to build a cushion for retirement – which the self-employed are not guaranteed – and to reduce the tax bill. In 2026, a self-employed person can contribute up to €5,750 a year to a simplified […]
Self-build mortgage in Mallorca: how to finance the construction of your home
Self-Promotor Mortgage in Mallorca: How to Finance the Construction of your Home A self-build mortgage in Mallorca finances the construction of your home on land that is already yours, not the purchase of the land. The bank releases the money in phases as the work progresses: around 20-30% at the beginning, another 20-25% at the […]
How to save for your children’s education: step-by-step plan
How to Save for Your Children’s Education: A Step-by-Step Plan Saving for your children’s studies is about starting early and steadily so that compound interest does the heavy lifting. In 2026, a full public degree in Spain costs between €3,000 and €8,000 in tuition fees, and a private one between €5,500 and €20,000 a year; […]
How to prepay your mortgage and when it’s advisable in Mallorca
How to Pay Off Your Mortgage Early and When It’s Best to Do It in Mallorca Paying off your mortgage early means repaying principal ahead of term to reduce your interest payments. You can lower your monthly payment or shorten the loan term (the latter saves more on interest). In 2026, with the 12-month Euribor […]
