Modelo 210 - Spanish tax for non-residents explained

What exactly is the Spanish tax of 'Modelo 210'? When do you have to fill it in? And what are the consequences if you forget?

Listen on Youtube, Spotify or Apple Podcasts.

In this episode, An-Sofie and Glenn discuss a much-discussed topic among second-home owners in Spain: the Modelo 210, or Spanish tax for non-residents.

Glenn explains step by step:

• the difference between IBI (municipal tax) and Modelo 210 (national tax);
• how the tax is calculated at personal use of your home;
• How that changes when you buy the property rents;
• which costs deductible its
• the new deadlines for declaration and payment;
• And why it remains useful to have a tax representative to appoint, even though it is no longer mandatory for EU residents.

Key insights

1. Any non-resident owner of a property in Spain must file the Modelo 210 declaration - even if the property is never rented out.
2. The Spanish tax authorities does not send reminders or assessment notices: you have to take the initiative yourself.
3. There is a big difference in calculation and deadline between own use and rental. Pay particular attention to the new annual return deadline for rental income (between 1 and 20 January).
4. Not declaring is not an option: if sold or inspected, the taxman can recover up to 4 years with fines and interest.
5. A tax representative helps to receive official documents, respond in time and declare everything correctly.

Useful links

• More info on Spanish taxes for non-residents
• Calculation examples of the Modelo 210
• What exactly does tax representation entail?

Questions?

Still have questions or want Confianz to take care of your Modelo 210 declaration?

If so, please email info@confianz.be.