
Buying a flat in Madrid: what are the costs?
Buying a flat in Madrid comes with a number of additional costs and taxes. This article gives you an overview.
On this page you will find a collection of all blog posts on Spanish taxes.
Do you live in the Netherlands? You can find more relevant information at www.confianz.nl

Buying a flat in Madrid comes with a number of additional costs and taxes. This article gives you an overview.

Several articles have appeared in the press (HLN, GVA) about compatriots planning to move permanently to Spain or work from home there. However, first consider the tax implications of a move.

Newsletter May 2020|Since this week, tax-on-web is back online. This means that we may complete our tax return for income year 2019. However, you have property in Spain.

On the extinction of usufruct in Spain - usually due to the death of the usufructuary - the bare owner acquires full ownership. The

Several taxes in the Canary Islands, including inheritance and gift taxes, will go up from January 2020. Personal income tax and IGIC (similar to

To avoid Spanish wealth tax, many buyers choose to buy through a company. However, the Spanish tax authorities see through these structures: the

When buying property in Ibiza (Balearic Islands), you need to factor in a total cost buyer that varies between 12% and 15% on top of the purchase price.

Capital gains tax in Spain (Impuesto sobre las Ganancias Patrimoniales) is calculated on the difference between the net sales value and the revalued purchase price. For non-residents, a

To avoid inheritance tax in the future, many Belgians choose to purchase Spanish property in the children's name. Although this is fiscally advantageous

Do you have to pay inheritance tax if you inherit property in Catalonia? Yes, if you inherit as a non-resident property located in Catalonia (such as Barcelona,

Gifting in Spain is traditionally expensive. Unlike inheritance tax, there are usually no generous reductions, tax-free sums or exemptions in gift tax. Donate

Belgian property owners in Spain are legally obliged to declare their Spanish bank account to both the National Bank of Belgium (NBB)