Live in Spain or own assets in Spain and need to file the Impuesto de Patrimonio? Wealth Tax in Spain applies to those who live in Spain permanently and in some cases Non-Residents. It is not be confused with the Non-Resident tax or Modelo 720 which are other tax forms.
Our specialist team handles the full Wealth Tax filing online. With our fast and simple process, you’ll be done in minutes—just answer a few questions and we take care of the rest.
Every return is reviewed by a licensed Spanish tax expert, ensuring your Wealth Tax calculation is correct and fully compliant with Spanish law. Enjoy stress-free filing, direct-debit payment options, and peace of mind.
Enter your assets step-by-step. We’ll determine whether you must file and which regional rules apply.
We calculate your taxable base, apply exemptions for your autonomous community, and submit your return directly to the Agencia Tributaria.
Receive your confirmation. If tax is due, we arrange the direct debit payment so everything is processed safely and on time.
If your net assets exceed the exemption threshold in your Spanish region—or if you’re a non-resident with assets in Spain—you may need to file the Wealth Tax (Impuesto de Patrimonio). We review your situation, calculate your tax correctly, and prepare the entire return for you.
Our fee is 148 € + VAT. This includes the full calculation, regional comparison, preparation and filing of your Spanish Wealth Tax return. We will advice you if you have doubts about what assets should be included or not.
Yes. Non-residents must file the Wealth Tax if their Spanish-located assets exceed the applicable exemption (normally 700,000 € net). Only assets situated in Spain are included for non-residents. This is not to be confused with the Non-Resident tax which applies to all owners of a Spanish property who are non-residents with NO MINIMUM LIMIT.
Thresholds and allowances depend on the autonomous community:
This is a separate “solidarity tax” applied at the national level to very high-net-worth individuals. It normally applies when net assets exceed ~3 million €. It works alongside Wealth Tax and often affects residents in regions with 0 % Wealth Tax (e.g., Madrid or Andalucía).
Balances and values as of 31 December: Spanish property details, land registry values, bank balances, portfolios and investment statements, plus mortgage or loan balances.
Wealth Tax is filed at the same time as the Spanish annual income tax (Renta).
This is usually between April and June each year, depending on the official calendar.
If you’re subject to the large fortunes tax, it is filed in the same campaign period.
|
Autonomous Community |
Exemption / Threshold |
Notes |
Large Fortunes Tax Relevant? |
|
Comunidad de Madrid |
Wealth Tax effectively bonused (0% for residents) |
Filing may still be required |
Yes, above ~3M € |
|
Andalucía |
Wealth Tax bonused (0% for residents) |
Filing may still be required |
Yes |
|
Cataluña |
~500,000 € individual allowance |
Standard progressive Wealth Tax applies |
Yes |
|
Comunidad Valenciana |
~1,000,000 € individual allowance |
Higher regional exemption |
Yes |
|
Islas Baleares |
~3,000,000 € individual allowance |
Generous exemption compared to other regions |
Yes |
|
Cantabria |
Wealth Tax bonused (0% for residents) |
Filing may still be required |
Yes |
|
Extremadura |
Wealth Tax bonused (0% for residents) |
Filing may still be required |
Yes |
|
Other regions (Galicia, Murcia, Castilla-La Mancha, La Rioja, Aragón, Castilla y León, Asturias, etc.) |
National rules: 700,000 € allowance + up to 300,000 € main home |
Standard progressive Wealth Tax scale applies |
Yes |
