When you have found your horse, you will have many questions which we will not be able to answer before this moment arrives, because each seller has his own conditions of sale and after-sales service.

In this section, I will explain the most common and important ones.

Step 5 - You buy the horse

Step 5
you buy it

A contract or an invoice?

In all cases, without exception, a sales contract must be drawn up, indicating the contact details of the buyer, the seller and the horse.

I will give you a sales contract and the conditions that have been discussed in writing.

If the seller is a professional, he must also issue an invoice. I will make sure the invoice complies with all the rules before you receive it.

Does the price include VAT?

VAT is 21% in Spain and 23% in Portugal. It is never included in the sale price because many sales are exempt from this tax.

The sale transaction is exempt from VAT when:

  • The buyer resides outside the European Union (USA, Switzerland, Mexico, etc.). In this case, they will have to pay other taxes, but not VAT).
  • The seller and the buyer are both professionals and intra-Community operators. In addition, the seller resides in a country of the European Economic Community other than Spain.
  • The seller is an individual who sells his personal horse. In this case, the transaction is subject to transfer duties. In Spain, this tax is regulated by the autonomous communities and generally amounts to 4%.

Before sending the veterinarian, I will have already explained your case to you so that there are no surprises.

How is payment made?

By bank transfer or in cash.

I will send you a document specifying the amounts, account numbers and method of payment.

There is a limit to the amount of money that can be paid out in cash.

The Tax Agency specifies that under no circumstances can transactions for an amount equal to or greater than 1 euros be paid in cash when one of the parties is a professional.

This amount may be 10 euros (in one or more instalments) when the payer is an individual with no tax domicile in Spain.

If cash payments are made, they must be supported by a receipt. The receipt must be kept for at least 5 years.

These limits apply in both Spain and Portugal.

In the event of non-compliance with the restrictions on cash payments in Spain, the tax agency may impose a series of sanctions on the persons or entities issuing and receiving the amount. The basis of the sanction will be the amount paid in cash in transactions of 1 euros or more or 000 euros and a fine of 10% of the basis of the sanction (according to Law 000/25).

Checks are not accepted by any seller in either country.

Can I pay in several installments?

As a general rule, the seller will not accept that you pay for the horse in installments. But if this is your case, I will prepare a document for you reflecting each point of your agreement.

What the seller will most likely ask for is a deposit to reserve the horse while the vet is sent and the sales contract is drawn up. This amount varies depending on the requirements of the seller and the selling price of the horse.

So that you have the security of getting your money back in case the veterinary examination is not positive, I will be the surety depository. I will send you an invoice which you can pay by bank transfer or online with your credit card.

Please note that no seller will let the horse leave their premises until it has been paid in full.

Who is responsible for the horse from the moment the contract is signed until it arrives at your stable?

Once the contract is signed and the horse paid for, the horse belongs to you.

As a result, you are responsible for everything from that moment.


I will explain in more detail...

PENSION / WORK – The seller is no longer obliged to continue to maintain or work a horse that is not his own.

However, under the terms of purchase, I would have negotiated with him to give you the maximum time so that you would have to pay nothing (or very little) for his service, between the time you buy him and the time he is collected by the transport you have contracted.

ANYTHING THAT CAN HAPPEN TO THE HORSE – We know that animals are alive and therefore susceptible to accidents or illnesses.

But rest assured, all the sellers that I present to you will do their best to keep the horse in the best possible condition until he leaves.

However, we recommend that you take out insurance to cover the horse during transport as well.

EVERYTHING THE HORSE CAN DO TO A THIRD PARTY – The truth is that nothing has ever happened to us in this regard… but you have to think of everything, just in case.

We all know that a horse can get spooked and react suddenly to a loud noise, unexpected movement, etc..... In this reaction, he could damage something nearby, or even worse, a person.

That is why I advise you to take out liability insurance.

If you already have insurance for something else (house, car, horse…), you can ask for this insurance to be included for your new horse, since adding it to an existing policy is generally not very expensive.

Still have doubts ?