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Taxation in Spain for Non-Residents

Spain is a popular destination for tourists and second-home buyers from all around the world. However, non-residents are also subject to taxation in Spain. In this article, we will explain taxation in Spain for non-residents, including regional variances.

Taxation in Spain for Non-Residents

Non-residents in Spain are subject to taxation on income generated in Spain, such as rental income, capital gains, and dividends. The following table shows the tax rates for non-residents in Spain:

Income Type

Tax Rate

Rental Income

19%-24%

Capital Gains

19%-23%

Dividends

19%

It is important to note that the above tax rates are the national tax rates. The regional governments of Catalonia and the Basque Country have their own tax rates for non-residents.

Regional Variances in Taxation for Non-Residents

As mentioned, the regional governments of Catalonia and the Basque Country have their own tax rates for non-residents, which means that they have different tax brackets. The following table shows the tax brackets for non-residents in Catalonia and the Basque Country:

Catalonia Tax Bracket

Tax Rate

Up to €700

19%

701-€1,500

24%

Over €1,500

24%

Basque Country Tax Bracket

Tax Rate

Up to €1,000

20%

1,001-€6,000

21%

Over €6,000

25%

It is important to note that the above tax brackets and rates may change from year to year. It is also important to consult with a tax professional to ensure that you are aware of your tax obligations and are taking advantage of any available deductions or exemptions.

Non-residents in Spain are subject to taxation on income generated in Spain, such as rental income, capital gains, and dividends. The tax rates for non-residents in Spain vary depending on the type of income and the region. It is important to be aware of the tax brackets and rates in order to make informed decisions about your finances and plan accordingly. If you are unsure about your tax obligations, a Chorus adviser can provide guidance and advice.

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