19% capital gains tax When you sell a property and are not resident in Spain for tax purposes, the buyer is required by law to withhold 3% of the sale price and pay this to the Spanish tax authorities as an advance on the seller's capital gains tax. This is a...
How much does it cost to own a home in Spain? Owning a property in Spain entails a series of expenses that go beyond the purchase price. These include taxes, notary fees, registry fees, gestoría, and possible mortgage and maintenance costs. Total costs can vary...
The seller is responsible for paying the agent's commission and tax to the municipality on the increase in value (plusvalia) during the period he has owned the property. In addition, the seller must pay the annual municipal property tax (IBI) unless otherwise is...
Do I have to do something? A separate inheritance tax must always be carried out in Spain for assets left behind by the deceased, be it real estate, vehicles or bank accounts. An official deed of inheritance, stating the deceased's assets and who the heirs are, must...
Losing a loved one is never easy. And if it happens abroad, it can be even more complicated. Who should I contact? How should the situation be handled? Any language problems don't make it any easier. Some people have made all the arrangements in advance of their death...
