SOLICITORS IN MALAGA

We ensure that our expatriate clients avoid double taxation, providing the latest advice and information on the double taxation agreement between Spain and your country of origin.

We also provide our clients with all the necessary information and documents relating to tax in Spain, including tax returns, non-resident tax and form 720. We adapt these resources depending on whether our client is a fiscal or non-fiscal resident.

The NIE Number (identification number used in Spain for foreigners) is absolutely necessary for foreigners in order to be able to do certain things such as open a bank account or buy a house etc. It is also the identification that the Spanish Tax Office will use when receiving your non-resident tax payments.

It is important to note that clients can obtain an NIE in Spain without becoming a Spanish resident. An NIE does not allow you to legally reside in Spain.

The Spanish Golden Visa is a global investment plan that issues residency for non-EU citizens who purchase a property in Spanish territory (with an investment of €500,000 or above).

Under the Law of Entrepreneurs, this is an opportunity for non-EU citizens (such as USA, Canada, Arab Emirates, and so on) to invest in Spanish real estate, usually in high-demand areas in Costa del Sol, in return for the acquisition of Spanish residency for themselves and their families. The purchasing process also provides business opportunities, including leasing and tourist rental.

Inheritance tax concerns everyone in Spain; both residents and non-residents. The tax, often referred to as ISD (impuesto de sucesiones y donaciones), becomes payable as soon as an inheritance from a family member or friend is documented – this can be money, property or an asset.

The rules of inheritance tax vary depending on which area of Spain you live in. At Tejada Solicitors, we offer a guide on inheritance tax from the succession law to inheritance tax rates, specifically tailored to your needs.

We provide answers to common inheritance tax queries, such as inheritance tax rates for non-residents and how to reduce your inheritance tax. You can find these answers and more through this page: Inheritance tax in Spain.

There are two ways properties can be rented in Spain, under contracts. Short-term rental contracts (viviendas de uso turístico) are used for work and leisure purposes, whilst long-term rental contracts are considered as permanent homes for the renter.

Long-term rentals come under national law, and, depending on the area in which the property is located, short-term rentals may have regional legislations that apply to the contracts. In some areas, this includes obtaining a license granting you the right to rent for touristic purposes, such as in Andalucia.

Any owner who is renting out their property (both long-term and short-term) must pay tax. Tax rates will vary depending on your circumstances, such as whether you are fiscal or non-fiscal resident. In order to learn more, please visit this page: Renting out a property in Spain.