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Mortgages for property buyers working offshore

Working offshore and the term offshore is used in private banking to describe banks and services located outside the country of residence of the client. For offshore accounts, funds are domiciled in a different country abroad and are regulated by the authorities of the holding country. The so-called 183-day rule serves as a guideline for determining tax […]

Mortgages for Mallorca property buyers

Mallorca property buyers have been a focus for Mortgage Direct since we were established in 2006. Mallorca – the largest of the Balearic Islands – has an exclusive property market. It is justifiably renowned for its beautiful beaches, weather and gastronomic food. Since 2008 when the economic crisis hit Spain hard, many property owners were […]

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