Spanish rental law changes in 2023 In May 2023 there were further changes to the Spanish rental law for long term rentals. The main changes which are beneficial to tenants are as follows: The annual renewal increase on rental contracts has been capped. These increases are in line with inflation, but for 2023 the rental […]
The Beckham Tax Law is a tax law which applies to foreigners coming to live in Spain for employment purposes. It limits the amount of personal tax expats have to pay to 24%. It only applies to Spanish personal income. People must be coming to live in Spain to start a new job, become tax […]
This article is a very brief summary of the taxes due when you own a property in Spain as a non-resident. In particular, non-resident property owner’s tax or, also known as non-resident imputed income tax. My advice is to use a tax expert, lawyer or qualified accountant to calculate your tax. They inform you of […]
ITP stands for Impuesto sobre Transmisiones Patrimoniales – which equates to Transfer Tax. There are various forms of ITP, but this article is concerned with paying the ITP when renting property in Spain. By law when you rent a property in Spain you have to pay the ITP tax. It’s a once only payment when you […]
