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This article is part of our guide Taxes in Spain for non-residents and foreigners which you will find in our Taxes in Spain for foreigners section. As in most countries, in Spain the State likes to keep a part of your estate when you die. How much they will receive depends largely on how well...
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The tax professionals from Firmalex have created a guide in the section Taxes in Spain for Foreigners.  This guide is specifically for non-residents and foreigners in Spain who have to pay taxes in Spain.  In this guide, our tax advisors explain step by step what taxes you might have to deal with as a foreigner...
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This article is part of our guide Taxes in Spain for non-residents and foreigners which you will find in our Taxes in Spain for foreigners section. Property tax This is the main local property tax affecting property owners in Spain. The amount of tax is calculated by reference to the ‘valor catastral’ (official property value)...
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This article is part of our guide Taxes in Spain for non-residents and foreigners which you will find in our Taxes in Spain for foreigners section. Impuesto sobre Transmisiones Patrimoniales (I.T.P.) This is a tax payable when you purchase either agricultural land or a house/apartment/building plot from a private owner. It is generally 7% (it...
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This article is part of our guide Taxes in Spain for non-residents and foreigners which you will find in our Taxes in Spain for foreigners section. The purpose of this guide is to provide an introduction to the basic and most common Spanish taxes that a non-resident (read this article to find out when it...
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Homeowners must give their tenants four months’ notice, not 30 days’ notice, that the tenancy will not be renewed. If homeowners fail to do so, they run the risk of the tenant being able to renew the lease for up to three years. Homeowners must give the tenant four months’ notice, rather than the current...
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EU Regulation 650/2012 of 4 July 2012, which regulates inheritance on death, is now applicable in most countries of the European Union.    If you want to know more about this regulation, feel free to contact one of our legal advisor in Denia and Valencia.  This is a major step forward for European citizens, as...
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Real Estate Tax and vacant housing Future changes
Negotiations continue on the future housing law, which does not yet have a clear and definitive design. The parties in charge of the government are assessing the issue of empty homes and the levy to promote their release to the market, but they are far from being in full agreement on the limitation of rents....
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Información y novedades sobre el impuesto de sucesiones y donaciones para ciudadanos no residentes
It is becoming increasingly common for donations and inheritances on which tax is payable in Spain to involve a person who is not a resident of our country.  Our professionals can help you with the taxes in Spain for foreigners so that it is handled correctly in all cases.  In other words, when a parent...
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When it comes to buying and selling a property, it is important that all agreements are in writing.  Our legal advisors can provide you with legal advice to ensure that everything is correctly written down and ready to sign when buying or selling a property. Because given its importance, this should not be an improvised act...
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