1. News from Minkner & Partner

 

“Tots junts” (all together) - a manifesto to tackle the Covid crisis

 

Anyone familiar with the political scene in Spain and the Balearic Islands, which was characterised by hostility, even hatred of political opponents, rubbed their eyes in amazement these days: (almost) all political parties, business associations and trade unions followed the call of a foundation and signed a manifesto entitled “Tots junts - all together” in Palma's congress centre. In this manifesto, the signatories commit to work together to address the health, economic and social crisis in the Balearic Islands. The manifesto consists of four parts - 1. defending people, 2. defending the economy, 3. rethinking the future and 4. EU funds. The representatives of the signatories want to meet regularly to discuss and review the implementation of the goals. A small miracle!

 

No travel ban, yet: Mallorca-bashing shows effect

 

Although the Robert Koch Institute removed the Balearic Islands from the list of risk areas on the 14th of March 2021, German politicians did not miss any opportunity to warn against travelling abroad, especially to Mallorca. In doing so, they did not hesitate to make false statements of fact and tell lies to discourage Germans from travelling to their favourite island. About 40,000 Germans did not let their holiday dreams be destroyed by this. However, this was only 10% of the visitors who normally visit Mallorca over Easter. Newly imposed tests and threats of travel bans and quarantine on return, as well as the general Mallorca-bashing, caused the number of guests to swell again immediately after Easter. “Audacter calumniare, semper aliquid haeret” said the ancient Romans. In English: “Slander boldly, something always sticks”.

 

Mallorca-bashing - great response to Lutz Minkner's column in Mallorca Magazin from 02.04.2021

 

The column in German by Lutz Minkner in Mallorca Magazin of 02.04.2021 under the title “Mallorca-bashing” met with a great and positive response both from MM readers and in the press. The BILD of 09.04.2021 even called on the SPD politician Lauterbach, who had spoken out particularly vehemently and with false suspicions and false factual claims against Mallorca travel, to apologise to Mallorca for “Mallorca-bashing”. And the Mallorca Zeitung also reported on this topic: „"Bild-Zeitung" fordert Entschuldigung von Karl Lauterbach für Mallorca-Bashing“. The Mallorca Zeitung had asked Lauterbach several times to comment on the accusations of unjustified scaremongering directed against him. Lauterbach did not take up these offers! “Mr. Lauterbach, intellectual honesty looks different!”

2. Mallorca - Construction / Investment

 

Portocolom: dispute over construction work on the waterfront

 

Portocolom has experienced citizens who fight fiercely and loudly when it comes to changing the character of the popular seaside village. Now the citizens were called into action once again when construction workers wanted to carry out work to pave the promenade. A citizens' meeting was called for this purpose, in which the building administration had to answer questions. The work was necessary for safety reasons, according to the building administration. The shore areas would have to be reinforced from the inside, but the outer structure should retain its historic appearance, cement would not be seen, and archaeologists would accompany the work. Thus, for the time being, peace has returned to Portocolom, but an appointed commission is to observe the progress of the construction work.

3. Mallorca – Economy

 

Tourism I: Hotels offer up to 30% off in May to revive travel buzz

 

Over the Easter holidays, the hotels already open on the island were able to establish and process a sufficient volume of bookings. However, demand is expected to flatten out again between now and Whitsun. For this reason, the hoteliers have decided to keep the hotels open and offer discounts of up to 30%. However, some hotel groups, such as Iberostar, see no scope for further discounts. How the booking situation will develop depends on demand from the German and British markets. Especially from Great Britain, a revival of the market is expected should Boris Johnson lift the travel warning for Britons.

 

Tourism II: When will the first cruise ships dock in Mallorca again?

 

The tour guides of several cruise companies have complained to Prime Minister Francina Armengol in order to achieve the quickest possible opening of the ports of the Balearic Islands for cruise ships. They point out, among other things, that cruise tourism in the Canary Islands has been running again since 20.10.2020, without any increase in the number of infections. The Carnival Group, to which the AIDA fleet belongs, is also pushing for the opening of the Balearic ports. The first AIDA is to anchor in the port of Palma on 15 May 2021, if permitted.

 

 

Traffic: Relaxed travelling to Mallorca by private jet

 

Private air traffic between Germany and the Balearic Islands boomed during the Easter week. The Balearic airports reported an average of 43 landings daily. A total of 387 private jets landed on the islands in the period 28.03. - 05.04.2021, 220 of which landed on Mallorca. The reasons for the boom of private flights are obvious: on the one hand, the offer of flight connections to Mallorca is still small, on the other hand, more and more Mallorca friends appreciate the increased hygiene safety and the preferential handling during take-offs and landings (own terminal, health checks without queuing, no crowds). If you want to know more about the offer of flying with private jets, you can find more information here: “AIRGO Privat Airline

 

Trading I: ALDI and LIDL open more branches in Mallorca

 

The “hare and hedgehog” competition between the German food discounters ALDI and LIDL on Mallorca continues. On 14.04.2021, ALDI opened its tenth branch on Mallorca. It is located in Cala Millor, offers 2,000 products and will employ 10 people. A total of 150 employees work at ALDI on Mallorca. Competitor LIDL, which recently opened a branch in Paguera, will soon open its 22nd island branch in Can Picafort in the north of the island.

 

Trading II: In Spain, 30 H&M branches will be closed, Mallorca not affected for the time being

 

The Swedish fashion company H&M wants to close 30 of its shops in Spain. The reason given is the drastic drop in sales due to the Covid pandemic. The closures will affect 1,100 jobs. In addition, employees are to be put on short-time work. On Mallorca, the company operates three shops Porto Pi, FAN and Palma Old Town), which are initially not to be affected by the closures.

4. Mallorca - Law, taxes, and finances

 

European Accounting: new guide “Housing - substantial savings”

 

Those who engage in commercial activities in Spain are confronted with a number of tax consequences which, if not properly designed, can lead to considerable disadvantages in the form of an unnecessarily high tax burden. A good example of the opportunities offered by intelligent structuring is the Spanish special regime for real estate companies for corporate income tax purposes. With this regime, an effective income tax burden of 3.75% can be achieved. If set up accordingly, the structure also leads to an exemption from wealth tax and a far-reaching reduction in inheritance tax. A new “Mallorca 2030 Guide” entitled “Housing - Substantial Savings in Spanish Income, Wealth and Inheritance Tax through an Optimised Structure” deals with this topic. You can access the PDF version of the guide in German here: "Wegweiser - Mallorca 2030"

 

Lutz Minkner - The book is in German - Der Immobilien-Ratgeber SPANIEN – Alles über Recht und Steuern "The Real Estate Guide -SPAIN - Everything about Law and Taxes”, 4th Edition 2020, available from May 2020 (!), 237 pages, ISBN: 978-3-96004-063-7, 29.95 €

 

 

The law is in a constant state of change, Spanish real estate and tax law is one of them. New laws and regulations, new court decisions interpreting the laws, interventions by the European Court of Justice and a contract design that adapts to the market requirements - you too will find a lot of things "Spanish" when buying property here in Spain? Lutz Minkner has in his "Real Estate Advisor SPAIN everything about law and taxes" answered questions about Mallorcan property cases, very clearly and with many examples presented, taking into account laws and jurisprudence until May 2020. The author, who has been a lawyer and entrepreneur for over 45 years, can draw from the full extent of his knowledge, as he is a board member of one of the leading real estate companies on Mallorca. You will find a table of contents, sample read and the link to order your copy here:

 

Der Immobilien-Ratgeber Spanien - Alles über Recht und Steuern

5. Galería de Arte Minkner

 

Due to the uncertain situation, we have postponed the final planning of our event and exhibition calendar for 2021 for now.

 

01.04. - 20.05.2021, “Contemporaries - Themes and Scenarios of the Present”

 

 

Galeria de Arte Minkner is titling its new exhibition “Contemporaries - Themes and Scenarios of the Present”. Contemporary art of the present is commonly referred to as “contemporary”. Contemporary art thus includes a broad spectrum of artistic style, techniques used, materials processed and concept. From the gallery's collection, we present contemporary works by the following artists: Elvira Bach, Joseph Beuys, Jan Peter van Opheusden, A.R. Penck, Paul Quick, Mike Steiner, Antoni Tapiès and Peter Thoms.

 

Galeria de Arte Minkner, Avda. Rey Jaime I, 109 - 07180 Santa Ponsa, Tel. +34 971 695 255

Exhibition duration: 01.04.2021 – 21.05.2021, opening hours: Mon - Fri. 10.00h - 18.30h

6. Events and tips

 

16th of April 2021, Gastronomy days in Calvià (Palmanova, Magaluf, Son Ferrer)

 

Every Friday in April, the municipality of Calvià will once again be holding gastronomy days, during which the municipality's restaurateurs will be offering special menus at special prices (12/14/16 euros) - every Friday in other towns. On 16.04.2021, the restaurateurs of Palmanova, Magaluf and Son Ferrer will participate. The next day will be 23.04.2021 in Santa Ponsa, Costa de la Calma and Son Bugadelles and 30.04.2021 in Paguera, Cala Fornells, El Toro and Es Capdellà. You can find the participating restaurants here: „mostra-de-cuines-in-calvia

 

24th of April 2021, “Endless Love”, Waltraud Mucher & Agustín Aguiló at the cultural finca Son Bauló in Lloret de Vistalegre

 

The singer Waltraud Mucher and the pianist and singer Agustín Aguiló will give a guest performance on 24.04.2021 at the cultural finca Son Bauló with their programme “Endless Love”. The versatile singer presents a round of the most beautiful love songs. Jazz pianist Agustín Aguiló accompanies her on the piano and with his raw voice - great songs from different eras, styles and languages. 24.04.2021 “Endless Love” – concert with Waltraud Mucher and Agustín Aguiló at the cultural finca Son Bauló. 16 h concert 18 €, followed by Asia-Wok 3-course 22 €. Reservations +34 971 524 206, www.son-baulo.com

 

6th of May 2021, “The 12 Tenors” at the Auditorium, Palma

 

12 unique voices offer a sensational show on 06.05.2021, accompanied by a light and sound spectacle. The 12 Tenors have been thrilling audiences in Europe and Asia for 11 years. They perform the most famous songs of all time: classical arias, love ballads as well as rock and pop pieces: “Nessun Dorma” by Puccini, “Hallelujah” by Leonhard Cohen, “Bohemian Rhapsody” by Queen as well as the most famous songs by the Beatles and Michael Jackson. 06.05.2021, the 12 Tenors at the Auditorium Palma, start 19.00 h, tickets 39 € - 45 €, Tel. +34 971 734 735, info@auditoriumpalma.com

 

22nd of May 2021, Save the date: MM Spring Cup, Golf Alcanada

 

On the 22.05.2021, Mallorca Magazin will hold its MM Spring Cup at the Alcanada Golf Course. MM points out that all applicable safety and hygiene rules will be observed. Participation costs € 135 per person. The day begins with a communal breakfast on the clubhouse terrace, where there will also be some starter gifts. Halfway treats are also provided, of course. After the tournament, the Alcanada club gastronomy will serve up and there will be live music followed by the award ceremony with attractive prizes. 22.05.2021, MM Spring Cup at the Alcanada golf course, reservations directly at the golf club: info@golf-alcanada.com or tel. +34 971 549 560.

7. Legal Notice

 

The "Newsletter of Minkner & Partner S.L." is published fortnightly. As a client of Minkner & Partner PROFI KONZEPT S.L. you receive it via E-Mail. Responsible in terms of Press Law is Dipl. Jur., Ass. jur. Lutz Minkner, c/o Minkner & Partner S.L., Avda. Rey Jaime I, 109 – ES 07180 Santa Ponsa, Phone: +34 971 695 255, info@minkner.com www.minkner.org

 

 

 

 

 

 

 

 

 

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