Buying property in Spain is an attractive investment for both residents and international buyers. However, tax-related mistakes are one of the most common and costly problems faced during and after the purchase process. Spanish property taxes are complex, vary by region, and differ significantly depending on whether the buyer is a resident or non-resident. In this blog, we...Meer lezen

Selling a property with furniture included always raises the same question: Am I carrying out a real estate sale… or also a furniture sale? The distinction matters: it can change both the tax paid by the buyer and the promoter’s tax treatment. Here are the key points to avoid mistakes with the Tax Authority. Furniture...Meer lezen

Capital gains tax is a crucial consideration for non-residents selling property in Spain. Understanding its implications is essential to comply with tax obligations and avoid potential pitfalls. This article outlines the basics of capital gains tax applicable to non-residents, including calculation methods, tax rates, and filing requirements, providing a clear framework for navigating these legal...Meer lezen

The Impuesto sobre Actos Jurídicos Documentados (AJD) is a tax in Spain that applies to various legal documents. It is essential for real estate transactions, business contracts, and administrative acts. Understanding the AJD is crucial for expats involved in property purchases or business dealings. Familiarity with this tax can streamline the legal process and ensure...Meer lezen

Buying a house in Spain involves several taxes and costs that buyers need to understand. These taxes can differ depending on whether the property is new or second-hand. This article will outline the various taxes to consider when purchasing property, as well as annual obligations post-purchase. It will provide a straightforward guide for expats navigating...Meer lezen

For expats living in Málaga, Spain, navigating the local tax system can be overwhelming. The two most common taxes that property owners will encounter are the IBI (Impuesto sobre Bienes Inmuebles) and the IRN (Impuesto sobre la Renta de no Residentes). Both are important, but they are distinct in their purpose, how they are calculated,...Meer lezen