How Spain Taxes US Retirement Accounts: 401(k), Traditional IRA and Roth IRA
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How Spain taxes US 401(k), traditional IRA and Roth IRA distributions once you are tax resident – treaty, saving clause and the timing that decides it.
Buying, Renovating and Selling Property in Spain: The Legal and Tax Reality of Flipping
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Flipping a property in Spain — buy, renovate, resell — runs into two tax realities most investors don’t expect: the renovation itself is usually taxed at the higher VAT rate, and none of the sale-side reliefs built for homeowners apply, because a flip was never your home. The reduced renovation…
Building a Property Portfolio in Spain: Tax on Multiple Purchases
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There’s no such thing as a portfolio discount in Spanish property tax — but there is a portfolio-wide calculation that catches investors who only ever think property by property. Transfer tax doesn’t care how many properties you own ITP (transfer tax) is charged per transaction, at the rate set by…
Buy-to-Let in Spain: The Legal Guide for Investors (Not Just the Tax Guide)
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Buying a Spanish property to let out isn’t just a tax question — it’s a financing and compliance question first, and the answers surprise a lot of investors who assume it works the way it does back home. There’s no real “buy-to-let mortgage” for non-residents Spanish banks don’t offer a…
Downsizing in Spain: The Legal and Tax Guide for Older Homeowners
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Downsizing after 65 isn’t just a lifestyle decision in Spain — it can also be one of the most tax-efficient moves available to a resident homeowner, provided the sale is structured and timed correctly. The over-65 exemption: the single biggest lever If you are a Spanish tax resident, over 65,…
Owning Spanish Property Through a US LLC: The Tax Risks
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US buyers sometimes assume an LLC will shield their Spanish property from Spanish tax the way it might shelter a US asset — Spanish tax law treats the LLC very differently, and the assumption can be an expensive one. The LLC does not shield you the way you’d expect Under…
Buying vs Leasing Office Space in Spain: The Tax Difference That Changes the Maths
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Buying and leasing office space in Spain sit on completely different tax tracks — and knowing which track applies to which purchase changes the real cost comparison more than most buyers expect. New-build and resale offices are taxed differently A new-build commercial property, bought directly from a developer, is subject…
Using a UK Pension Lump Sum to Buy Property in Spain: The Tax Trap
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A UK pension lump sum looks like straightforward deposit money — but the timing of when you take it, relative to becoming a Spanish tax resident, can turn a tax-free withdrawal into a five-figure Spanish tax bill. The 25% rule is a UK rule, not a Spanish one The UK…
Parents Gifting Money to Buy a Property in Spain: The Tax Reality
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A parent’s help with a deposit feels like a private family matter — under Spanish law, it is a taxable gift, and the difference between doing the paperwork properly and not doing it can be the difference between a 99% tax reduction and none at all. Family money is still…
Gifting Your Spanish Property to Your Children: The Tax Reality
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Gifting a Spanish property to your children during your lifetime can be more, or less, tax-efficient than leaving it to them in a will — and the answer genuinely depends on the region, not a fixed rule. Gift tax and inheritance tax share the same law Lifetime gifts and inheritances…
Spain’s Property Transfer Tax (ITP): When Exactly Must It Be Paid?
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Signing the deed is not the end of the paperwork — Spain gives buyers a strict, working-day deadline to pay the property transfer tax, and missing it carries real financial and legal consequences. The deadline: 30 working days from signing Buyers must pay Spain’s Property Transfer Tax (ITP) within 30…
Leaving Spain? Here Is What Most Expats Get Wrong About Their Spanish Tax Position
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If you have lived and worked in Spain and are now leaving, your tax obligations do not end when you change your address. A Spanish Tax Exit Review with CostaLuz Lawyers covers your residency status, past filings, Beckham Regime implications and any open items that Hacienda could raise after you…
New Spain-Netherlands Tax Treaty 2026: What Dutch Residents Need to Know Before It Takes Effect
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Quick answer: On 10 March 2026 Spain’s Council of Ministers authorised the signing of a new double-tax treaty with the Netherlands to replace the 1971 agreement. It is not yet in force — it still needs to be signed and ratified by both parliaments — but it changes how Dutch…
Wealth Tax Refund for Non-Residents in Spain: 2025 Supreme Court Rulings
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Can a non-resident reclaim Spanish wealth tax? Possibly. In rulings of 29 October and 3 November 2025 the Spanish Supreme Court held that denying non-residents the 60% combined-tax limit (the “fiscal shield”) breaches EU free movement of capital. If you paid Spanish Wealth Tax or the Solidarity Tax on Large…
Tax Lawyer Spain for Expats — Property, Inheritance & IRNR (2026)
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CostaLuz Lawyers tax-law service for foreign property owners, expat residents, and international heirs in Spain: Modelo 210, Plusvalia, ISD inheritance tax, the Beckham Law, Modelo 720 — coverage, procedure, and where we add the most value.
US-Spain Tax Treaty: What American Expats and Investors Need to Know
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The trap for Americans in Spain is double taxation on pensions and investments — the treaty stops it, but each income type has its own rule, and getting the wrong one wrong is expensive. Quick Answer: The US-Spain treaty allocates which country taxes each income type, but US citizens still…
Can Beckham Law Taxpayers Deduct Rental Expenses in Spain? A 2025 Turning Point
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If you’re an expat living in Spain under the so-called “Beckham Law” (the Special Expat Regime), and you rent out property here, a recent Spanish court ruling could make a big difference in your taxes. Get a free written analysis of your caseEmail your questions to marialuisa@costaluzlawyers.es and our team…
Inheritance in Cataluña: Wills, Probate and Taxes (2026)
The shock for families inheriting in Catalonia is that heirs pay tax to receive the estate — generous allowances exist for close relatives, but only if the will and probate are handled the Catalan way. Quick Answer: In Catalonia the heirs — not the estate — pay inheritance tax, and…
Inheritance in Madrid: Wills, Probate and Taxes (2026)
1. Inheritance and Gift Tax in Madrid (2025–2026) Madrid continues to offer one of the most favourable inheritance tax regimes in Spain. Direct relatives — children, spouses, parents and grandchildren — benefit from a 99% reduction on the inheritance tax due.In practice, this means that the effective tax payable is…
Inheritance in Andalucia: Wills, Probate and Taxes (2026)
2026 Update Note As we enter 2026, the essential rules on inheritance tax across Spain remain broadly unchanged from 2025. No national reform has been approved, and regional governments continue to hold full authority over reductions, allowances and tax rates. Two trends are worth noting for 2026: The consolidation of…
Medicare & U.S. Taxes on Spain’s Non-Lucrative Visa (NLV): Q&A (2025)
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Author: María de Castro — Last updated: September 2025For U.S. citizens/residents considering or holding Spain’s Non-Lucrative Visa. Medicare while you live in Spain (NLV) Q: Can I use Medicare in Spain?A: Generally, no. Original Medicare doesn’t cover routine care outside the U.S. (only very narrow emergencies). Even if you keep…
Significant Tax Amendments in Valencia: A Comprehensive Overview for Expats
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The Valencian Community has recently enacted substantial changes to its tax legislation through Ley 5/2025, which came into effect on June 1, 2025. These modifications impact several key ceded taxes, and it is imperative for expatriates residing or with interests in Valencia to understand their implications. Get a free written…
Your Idyllic Retirement in Spain: Discover Vejer de la Frontera, the White Jewel of the Costa de la Luz
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Are you dreaming of a retirement under the Andalusian sun, surrounded by history, beauty, and a peaceful pace of life? Vejer de la Frontera, one of Cádiz’s most iconic white villages, offers you that dream retirement. Perched on a hill with panoramic views of the Atlantic, Vejer is a canvas…
Do You Own Assets or Cryptocurrencies Abroad? Here’s What You Need to Know About Model 720 and Model 721
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If you are a tax resident in Spain and hold assets, bank accounts, investments, or cryptocurrencies abroad, you may be required to file an informative declaration before March 31, 2025. But who exactly needs to submit it, and what happens if you don’t? Let’s break it down. Model 720: Declaration…