IBI Tax vs Non-Resident Tax
IBI Tax vs. Non-Resident Tax in Spain: Key Differences Explained (2025) Introduction For non-resident property owners in Spain, understanding the different taxes applicable to real estate is crucial to ensuring compliance and avoiding unnecessary fines. Two of the most commonly confused taxes are IBI (Impuesto sobre Bienes Inmuebles) tax and Non-Resident Income Tax (IRNR – […]
Income Tax in Spain for Residents
Income Tax in Spain for Residents: Complete 2025 Guide Introduction If you are a tax resident in Spain, you are required to declare and pay income tax (IRPF – Impuesto sobre la Renta de las Personas Físicas) on your worldwide income. Whether you earn income from employment, self-employment, property rentals, or investments, understanding your tax […]
Modelo 720 in Spain
Modelo 720 in Spain: Complete 2025 Guide to Declaring Foreign Assets Introduction If you are a Spanish tax resident with assets abroad exceeding €50,000, you are required to file Modelo 720, the declaration of foreign assets. This mandatory filing is essential for tax compliance and avoiding significant fines. Non-residents are generally not required to file […]
Non-Resident Tax in Spain A Complete Guide for 2025
Non-Resident Tax in Spain: A Complete Guide for 2025 Introduction If you own a property in Spain but are not a resident, it is crucial to understand your tax obligations. Non-Resident Tax (Impuesto sobre la Renta de No Residentes, IRNR) applies to anyone who is not fiscally resident in Spain but owns property or earns […]
Non-Resident tax, good idea to file during the spring
Non-Resident Tax in Spain: Why Spring is the Best Time to File (2025 Guide) Introduction If you are a non-resident property owner in Spain, you are required to file an annual non-resident tax return (Modelo 210). Many property owners wait until the deadline approaches, but filing your non-resident tax in the spring is the smartest […]
Spain 100 % tax
Spain’s Proposed 100% Tax on Non-EU Property Buyers: Why It’s Unlikely to Pass Introduction Recent discussions around Spain’s proposed 100% tax on property purchases by non-EU buyers have sparked concern among international investors and expatriates. While this proposal has gained media attention, the likelihood of it becoming law remains extremely low. In this article, we […]
Tax Obligations for UK Citizens with Property in Spain
Tax Obligations for UK Citizens with Property in Spain – A Complete Guide for 2025 Introduction If you are a UK citizen who owns property in Spain, it is essential to understand your Spanish tax obligations post-Brexit. As a non-EU resident, UK nationals face different tax rates and reporting requirements compared to EU residents. In […]
Understanding Inheritance and Gift Taxes in Spain
Understanding Inheritance and Gift Taxes in Spain – What Non-Residents Need to Know If you have inherited assets in Spain or received a financial gift from a Spanish resident, you may be subject to Spanish inheritance tax (Impuesto de Sucesiones y Donaciones – ISD). The tax rates and exemptions vary based on your relationship to […]
What is an NIE Number in Spain
What is an NIE Number in Spain? A Complete Guide for 2025 Introduction If you are a foreigner in Spain, whether as a property owner, worker, student, or investor, you will need a Número de Identificación de Extranjero (NIE). This identification number is essential for carrying out legal and financial transactions in Spain. In this […]
What is the Cadastral Value in Spain
Example of IBI-receipt “carta de pago” for IBI in Nerja with Valor Catastral Valor Catastral – what is it and how do I find it? The Valor Catastral (Cadastral Value) is a crucial factor for property owners in Spain, as it determines various property-related taxes such as IBI (Property Tax), Non-Resident Income Tax, and Capital […]
