Non-residents
Spanish property and rental tax returns for non-residents
Individuals who own a Spanish property and have no rental income
are required to submit annual return, Form 210, and pay income tax
based on the rateable value (Valor Catastral) of the property.
When the property is rented out, a quarterly return and tax payment
must be submitted, also using Form 210.
Frequently asked questions
Our charges
Single return: € 75 + VAT
Two joint-ownership returns: € 90 + VAT
Our charges include:
- Preparation of the tax calculation and submission to the client for approval;
- Preparation and online submission of the tax return;
- Submission of the online order for the tax due to be be debited directly to the client's Spanish bank account.
Tax payable for non-rented properties of non-residents.
When your Spanish property is not rented out, a deemed income tax
(Renta Imputada de Inmeubles Urbanos) is due annually. The deemed
income is calculated in reference to the official rateable value
(valor catastral) of the property.
The most up-to-date valor catastral can be found on your annual
property tax (Impuesto sobre Bienes Inmuebles- IBI) bill. The most
usual calculation of the taxable income is 1.1% of the valor
catastral. The current tax rate for non residents is 19% for
residents of the EU/ EEA and 24% for others.
Tax payable for rented properties of non-residents.
As a non-resident with property in Spain that you rent out, you
are obliged to submit tax returns on a quarterly basis. If you are a
citizen of an EU country, Norway or Iceland all expenditure relating the the rental of
the property (including mortgage interest) are deductible for tax
purposes.
If you are a citizen of a non-EU country, then the full amount of
income that you receive is taxable with no allowances. The current
tax rate for Spanish rental income earned by non-residents is 19%
for residents of the EU, Norway or Iceland and 24% for others.