The law is already older, but is not yet known to many foreigners in Spain: All cash payments in payment transactions with companies are limited to an amount of 2,500 Euro. Amounts of more than 2,500 Euro must be paid in the form of checks or transfers. Denominations are also forbidden.

After non-residents, who have their residence abroad (within the European Union) were equated with residents in Spain relating to the gifts and inheritance tax, there is now the possibility for non-residents to reclaim the taxes paid in excess.

This year, the Tax office of the Balearics wants to triple the investigations of the properties that are offered as vacation rentals. According to the delegate from the Tax Office on the Balearics, the objective of the campaign is to enforce the levying of taxes on revenue from vacation rentals.