The newspaper Cinco Dias, one of the most prestigious economics journals of our country, published today in his copy of an article entitled “More options for high net worth”, which presents the new possibilities offered for income tax reform private banking clients.
“With the new income tax, all income and capital gains are taxed at 18%, regardless of the period when they are incurred. This fiscal neutrality has raised the attractiveness of certain assets such as deposits or bonds, which until now taxed at marginal rate. In parallel, other niches are gaining interest for the wealthy such as venture capital or renewable energies.
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Another trend that is seeping in private banks is investment in renewable and sustainable. Not so much for the sake of altruism and because their earning prospects are very good. The most striking case is that of PV. Private banks currently offer the possibility of investing in solar energy farms, taking advantage of this energy prices are subsidized and generate a steady cash flow.
“It is a regulated activity with sales and prices uninsured,” explains Javier Anta, president of the Photovoltaic Industry Association (ASIF). “In recent years the sector in Spain has been in full swing,” he says. What they do is to leverage the great assets investment in these farms and go to pay the debt with cash generated periodically. The problem is that these investments are illiquid and require long periods of maturation. ”
All those that we are not “wealthy” we should not worry, since investments in solar photovoltaic energy are available to almost all … those who wish to enter.
