You are considered a Spanish tax resident if any of the following apply:
Understanding whether you are a tax resident is crucial, as it determines how your income and assets will be taxed both in Spain and abroad.
Whether you are a private client, an entrepreneur or an international business, our team offers clear and strategic support.
As a Spanish tax resident you should pay attention to the following taxes:
Spanish income tax and non-residence rules must be considered carefully when buying property or investing in Spain.
If you are a non-resident in Spain, you are still liable for certain taxes on your assets or property located in the country.
I.B.I Tax
Comparable to UK council tax, this annual payment is made to the local town hall (ayuntamiento) or SUMA office. It is based on the property’s valor catastral and varies between 0.4% and 1.1%, depending on the municipality.
NRIT – Non-Resident Income Tax (NRIT)
Even if a property is not rented out, non-residents must pay an annual tax on “imputed income”. If rented, NRIT is payable quarterly, even during periods without rental income. When a property is sold, 3% of the sale price is withheld and paid to the tax office to cover potential liabilities.
Non-Resident Wealth Tax
Non-residents must also pay Wealth Tax on assets and investments held in Spain.
Solidarity Tax on Large Fortunes
This tax may also apply to non-residents whose net wealth in Spain exceeds €3 million.
Capital Gains Tax
When selling property or assets in Spain, non-residents must pay Capital Gains Tax at a rate of 19%.
Inheritance and Gift Tax
Spanish inheritance and gift taxes must also be considered by non-residents who own property or assets in Spain.
Spanish income tax and non-residence rules must be carefully reviewed when buying property, investing, or relocating to Spain. Professional advice ensures full compliance with the Agencia Tributaria (AEAT) and helps you structure your assets efficiently when moving to or investing in Spain.