Do I have to pay taxes in my home country for my property in Spain?

Answer:

In both Belgium and the Netherlands, you have obligations.

At Belgium you need to file the foreign cadastral income (KI) return 4 months after purchase. You are not taxed on the KI, but it potentially pushes your other income into a higher bracket (progression bias). Find more information on foreign KI here.

At Netherlands you have to take box 3 into account. Find more information on box 3 and foreign property here.

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English (UK)