{"id":3564,"date":"2024-07-04T12:47:58","date_gmt":"2024-07-04T04:47:58","guid":{"rendered":"https:\/\/www.pacificprime.lat\/blog\/?p=3564"},"modified":"2024-07-04T12:47:58","modified_gmt":"2024-07-04T04:47:58","slug":"property-tax-for-non-residents-in-spain","status":"publish","type":"post","link":"https:\/\/www.pacificprime.lat\/blog\/property-tax-for-non-residents-in-spain\/","title":{"rendered":"Guide to Property Taxes for Non-Resident Citizens Buying Property in Spain"},"content":{"rendered":"

Purchasing property in Spain as a non-resident involves understanding and managing various taxes, such as notarial fees, VAT, stamp duty, and land register expenses. These obligations depend on factors such as whether you are an EU\/EEA citizen and whether the property is for personal use or rental.\u00a0<\/span><\/p>\n

Are you interested in purchasing property in Spain? Does settling down in Spain interest you? Do you want to ensure that your expatriate experience in Spain goes as smoothly as possible? Keep reading this article to get up to speed on what\u2019s required, and how to prepare.\u00a0<\/span><\/p>\n

This <\/span>Pacific Prime Latin America<\/span><\/a> article will serve as a guide to taxes payable by non-residents when purchasing property in Spain, providing a few tips on what\u2019s required to settle down in the land of Cervantes.\u00a0<\/span><\/p>\n

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\"Family<\/a><\/p><\/div>\n<\/span><\/p>\n

Taxes When Buying Property in Spain<\/span><\/h2>\n

When purchasing property in Spain, the key types of taxes to pay are VAT, stamp duty, notarial fees, and land register fees. The total taxes and expenses will range from about 8% to 15% of the purchase price, depending on whether the property is new and the region it is located in.\u00a0<\/span><\/p>\n

For new industrial warehouses or premises, which are subject to 21% VAT, the expenses are around 24%-25%. However, the VAT can be subsequently deducted if the property is rented out or leased.\u00a0<\/span><\/p>\n

Listed below are the types of taxes payable when purchasing new and second-hand\u00a0 property in Spain:\u00a0<\/span><\/p>\n

New Property Tax (Throughout Spain):<\/b><\/p>\n