The most common mistakes made by non-residents property owners in Spain are the two following:   –  to ignore that they are liable to file a yearly non-resident income tax return.   – to think that their liabilities...

This tax is a local tax levied by the town hall on properties when they are sold or inherited. The taxable item is the increase on the value of the plot on which the property stands. The liability...

CGT is paid by residents in Spain on their worldwide assets and by non-residents on property that they own in Spain.   The taxable  item is the profit (gain) you make on selling an asset. Basically the taxable...

Inheritance Tax is payable by beneficiaries on the death of someone.   Spanish national rules will apply if the deceased and/or beneficiaries do not live in Spain.   The payable amount by each beneficiary can vary depending on...

Wealth tax is an annual tax, payable on the total net value of your assets by 31st December. If you are resident in Spain you are liable on your worldwide assets.Wealth tax is payable on the value of...