The Ultimate Guide to Tenerife
The Ultimate Guide to Tenerife
Tired of scouring the internet for incomplete, incorrect or out of date information about Tenerife?
TENERIFE GURU is your ultimate guide to Tenerife, covering everything you need to know about our amazing island.
Tenerife Guru has been approached over the past few days by numerous UK nationals who are extremely worried about an article they have read in the latest edition of Canarian Weekly released on 24th January 2020 (Issue 1140). The newspaper’s headline boldly states “Swallows Grounded by Brexit”, whilst the accompanying article implies that from 31st…
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BUT HOW DOES IT AFFECT RESIDENTS AND VISITORS IN TENERIFE? As generally predicted, the European Union has today signed the UK Government’s proposed Withdrawal Agreement. This means that a Transitional Period now applies until 31st December 2020, during which time the UK and EU will continue negotiations with a view to reaching a permanent Deal…
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Tax increases in Tenerife from 1st January 2020 (IGIC, Inheritance Tax, Income Tax) As they say, nothing is certain in life except death and taxes. Clearly unwilling to alter that preconception, the Canarian Government have once again imposed various tax hikes and variations upon the Canary Islands. IGIC IGIC (Impuesto General Indirecto Canario) is…
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UPDATED: 3rd January 2022 There is no doubt that Tenerife loves cars. It was recently estimated that the island is home to 1 out of every 1000 cars on the planet! For an island of just over 2000 square kilometres with an official resident population of approximately 920,000 plus an estimated unregistered population of up…
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So you are taking the plunge and moving over to Tenerife. However, maybe you aren’t entirely certain that the move will be permanent or that you will settle here. So what do you do with all those years of accumulated belongings (we never call it ‘junk’)? One option is to put your more bulky possessions…
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UPDATED: 18th February 2021 Plus Valia is a tax imposed by the local Town Hall (Ayuntamiento) upon the sale of a property. Broadly speaking, it is a tax on the notional increase in value of the relevant plot of land. The formula used to calculate the tax is based on the Catastral value of the…
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Until quite recently, under-declaring the real sale price of a property was a national sport in Spain and was particularly popular in Tenerife. Essentially, a lower price was declared on the official paperwork and the balance typically changed hands in cash. The buyer would then only pay the 6.5% stamp duty purchase tax on the…
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UPDATED: 28th February 2024 Applying for Probate in Tenerife So a relative or friend has died in Tenerife. But how do you sort out the paperwork and administer their estate? The first step is to obtain the Death Certificate (Certificado de Fallecimiento). This will typically be issued to the next-of-kin promptly following the death where…
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