Selling a house in Spain If you’ve come this far, it’s because you’re probably thinking of selling a house in Spain. Before looking for a real estate agent to help you find a buyer, we would recommend that you prepare all the documentation and consider the taxes you will have to pay. It is also...Read More

CERTIFICATE OF FIRST OCCUPANCY: This document certifies new properties as suitable for occupancy. It is the property’s first certificate which is issued by the City Hall where the property is registered. CERTIFICATE OF SECOND OCCUPANCY: This is a certificate for properties which are already built and were previously occupied. It is needed when owners want...Read More

The Spanish Municipal Urban Development Compatibility Report (Informe Municipal de Compatibilidad Urbanística) is a document which ensures that your property meets all the compatibility criteria set forth by the Urban Development Plan (Plan General Urbana or PGOU) of the City Council whereyour property is registered. If your home is located on the Costa Blanca, you...Read More

If you inherit a property in Spain, you will be required to pay the Inheritance Tax within a period of six months regardless of your status as a resident or non-resident. However, you may apply for an extension.In fact, the inheritance will not become effective until payment of taxes has been satisfied.However, regulations of the...Read More

What are the most common taxes you are required to pay as a non-residentproperty owner in Spain? Spanish Property Tax (Impuesto sobre Bienes Inmuebles, IBI in Spanish): Tax on a property’s assessed value. It is normally paid once a year to the City. Council where said property is registered. Non-Resident Income Tax (Impuesto sobre la...Read More

Non-residents in Spain who are from a Member State of the EU or the EEA: When expenses are deducted from the gross income, 19% of the resulting amount is to be paid as taxes. Taxes and revenues earned from renting a property in Spain also need to be filed in the country in which you...Read More

You may obtain the status of Permanent Establishment (PE) in Spain in two ways: either when your main business activities take place anywhere in the Spanish territory or your business is located here, or when you appoint another person to act by proxy (power of attorney) and apply for your PE. Renting a property in...Read More

The Property Sale and Purchase Agreement in Spain is a legally-binding document with which the Seller is required to transfer the ownership of their property to the Purchaser, in exchange for a specific agreed upon amount of money. If you want more information about the contract of sale of a property or you want our...Read More

The Foreigners’ Identity Number (Número de Identificación para Extranjeros, NIE in Spanish) is a personal, unique and exclusive number that all foreigners must have for identification purposes. It serves as proof of identity within the country and allows them to initiate the procedure of staying in Spain without having to apply for a specific visa.Applying...Read More

The European Succession Regulation applies to successions as of 17 August 2015. It affects all of the Member States of the EU, except for Ireland and Denmark. One of the most important amendments concerns the law governing the succession of the deceased: it will be the law of the country of habitual residence prior to...Read More