Tax
Law
Tax Law for Non-Residents in Spain
Our tax specialists provide advice on Spanish and international tax law for non-residents with property on the Costa Blanca, helping them to meet their tax obligations and optimise their tax position.
Tax Law
FOR NON-RESIDENTS
IN SPAIN
Tax Services for Non-Residents in Spain
Income Tax for Non-Residents in Spain
At Savloir, we handle the filing of non-resident income tax returns every year, whether you have a permanent establishment or not. At our law firm, which specialises in tax law for non-residents, we will help you determine your specific circumstances, in which country you should file your tax return, and what taxes you will be liable for in Spain.
Double taxation agreements
There are tax treaties between different countries to prevent double taxation. These treaties are agreements between two countries that establish a set of tax rules to ensure that individuals or companies do not have to pay the same tax in two different countries. Spain has signed more than 100 such treaties with other countries. At Savloir, we will assess your situation to offer you the best options and handle the necessary procedures.
CAPITAL GAINS ON THE PURCHASE OF A PROPERTY
This is a tax that the seller must pay when selling the property. The tax is levied on the increase in the property’s assessed value during the period between the date of purchase and the date of sale. The tax varies depending on the local council in whose area the property is situated. At Savloir, we will calculate this tax prior to the sale of the property, as well as file and settle it.
ASSESSMENT OF PROPERTY VALUES and reference value
The valuation of property is a procedure used to determine the value of the property at the time of sale, in the event of discrepancies with the actual value as determined by the authorities. Currently, there is a reference value, which is set by the authorities and represents the minimum value on which tax must be paid for the sale if the agreed price is lower than the reference value itself. At Savloir, we will help you to assess, process and submit this verification.
Inheritance and gift tax for non-residents
If you are set to inherit property in Spain as a non-resident, you will be liable for inheritance or gift tax. At our law firm, we specialise in inheritance procedures and will support you throughout the entire process, including filing and settling any taxes you may owe.
INHERITANCE AND GIFT TAX AND STAMP DUTY
ITP is a tax levied on the purchase of second-hand properties, i.e. those that are not newly built. Transactions subject to VAT, a mortgage or a declaration of new-build status will be subject to stamp duty. At Savloir, we will assess your situation to determine which type of tax you will be liable for.
VAT on property transactions
VAT on property transactions applies to transactions carried out by businesses or professionals (acting in the course of their business). At Savloir, we take care of calculating VAT on property transactions for businesses and professionals.
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