Costa Blanca
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Detached Villas
Murcia & Costa Cálida
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Detached Villas
Valencia Region
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FAQ
RESIDENT OR NON-RESIDENT?
Firstly what does that mean? Basically a resident of Spain is someone who spends more than 183 days per year in Spain....
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APPLYING FOR RESIDENCE
Applying for Residencia is a simple though sometimes drawn out process...
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NIE
NIE stands for Numero de Identificacion de Extranjeros or Foreigners Identity Number. As a resident you need this number for the purpose of paying taxes. As a non-resident you need this number if you wish to buy anything of value – a property or a car for example...
NOTARY, SOLICITORS AND "GESTORS"
There are different types of legal professionals available to the buyer of Spanish property. To explain, we have simplified the roles of each one...
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COSTS WHEN YOU BUY
There are various taxes and fees to pay when buying a property in Spain...
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TAXES WHILE YOU OWN
Income Tax and Real Estate Tax...While you are an owner of property in Spain annual taxes apply whether or not you are a resident. A person who is not a fiscal resident in Spain and who owns a property in Spain is, by law, liable to file Individual Income Tax, Property Tax and another tax known as Real Estate Tax...
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TAXES WHEN YOU SELL
There are 2 taxes due as a vendor when you sell your property...
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WILLS AND INHERITANCE TAX
GOOD NEWS FOR RESIDENT OWNERS OF PROPERTY IN THE VALENCIAN COMMUNITY. As a general rule, Spanish law states that inheritance law is ruled by the national law of the deceased at the time of his/her death. Therefore, a Spanish national must leave part of his estate to his children but a UK citizen is allowed to will his assets according to UK law...
