Glossary on taxes in Spain for non-residents purchasing property in the country

import_contacts Guide

Leonardo Cárdenas Armesto

What are the taxes to be paid?

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Any person who has property in Spain, and is not a resident citizen, has to pay taxes in Spain, which is important to know. Therefore, when you have assets or obtain income in Spain, you must present and pay the Non-Resident Income Tax (IRNR), on a quarterly or annual basis, depending on the case.

Also, if you own property in Spain you may be required to file for Wealth Tax. On the other hand, if you receive goods by donation or by title of inheritance, you will also have to assume the Inheritance Tax.

AGM Abogados has carried out a brief analysis, which is developed below, based on the regulations in force in the year 2020, in Spain, regarding tax matters. In it, the different taxes that are imposed on the different phases of the purchase, possession of goods in Spain and their subsequent sale by citizens who are not residents in Spain are analysed.

AGM Abogados has carried out a brief analysis, which is developed below, based on the regulations in force in the year 2020, in Spain, regarding tax matters. In it, the different taxes that are imposed on the different phases of the purchase, possession of goods in Spain and their subsequent sale by citizens who are not residents in Spain are analysed.

  1. Buying a property in Spain
  2. Ownership of property in Spain:
    1. Property NOT leased
    2. Leased property
  3. Sale of properties

Tax import_contacts Guide