Taxes in Spain

You are not fully taxable if you do not reside permanently in Spain. As the owner of a Spanish property you will still have to pay some taxes. You will  need an NIE number (número de identidad de extranjero), which is a fiscal number/national insurance number, to be able to file your taxes. You will also need this number to conduct any business with your Spanish bank. You can apply for an NIE number with the local police station or the Gestor can also apply for an NIE number on your behalf.

There are three kinds of tax in Spain: National tax, Regional tax and Municipal tax. The tax rate will vary in each municipality, therefore you will need to gather as much information as possible from various municipalities. Taxes you will most certainly have to pay as property owner in Spain are Transfer taxes, Rates and Income tax. If you choose to sell your second home you will have to pay Capital Gains Tax.

For more information please go to the website of the Spanish Tax Office