Frequently asked questions about Spanish taxes
The questions international clients ask us most often, answered by our tax advisers. General answers: details always matter.
Non-residents
Do I pay tax on my Spanish home if I do not rent it?
Yes. Non-residents pay tax on an imputed income based on the cadastral value, filed on the modelo 210 each year.
Read more: Imputed income tax
How is rental income taxed for non-residents?
At 19% for EU and EEA residents, who can deduct expenses, and 24% for others on gross income, filed quarterly.
Read more: Rental income tax
What tax do I pay when I sell?
19% on the gain for non-residents, with 3% of the price withheld by the buyer on account.
Read more: Capital gains tax
Residents
When do I become tax resident?
Generally after 183 days a year in Spain, or if your main economic or family interests are here.
Read more: Tax residence
What is the Beckham law?
A special regime for people moving to Spain to work, taxing Spanish income at a flat 24% up to 600,000 euros for six years.
Read more: The Beckham law
Do I need to file the modelo 720?
If you are resident and hold assets abroad above 50,000 euros in a category, generally yes.
Read more: Modelo 720
Inheritance and wealth
Do children pay inheritance tax in the Balearics?
Close relatives benefit from large reductions and credits under Balearic rules; we calculate each case.
Read more: Inheritance tax guide
Do I pay wealth tax in the Balearics?
It depends on your net assets, residence and the exemptions; non-residents pay only on Spanish assets.
Read more: Wealth tax
About Castell.tax
How are your fees set?
We send a written proposal before we start, by return or by service.
Read more: Contact
Talk to a tax adviser about your situation
Call, WhatsApp or email us in English, German or Spanish. Tell us where you live, what you own and what you earn, and we will explain what you must file, when, and how to pay no more than you owe.