AFTER BUYING PROPERTY IN SPAIN

When buying a Spanish property for holidays or living less than 183 days a year, you will be considered a non-resident.  As a non-resident owner of a Spanish villa, you will have to:

• Appoint a fiscal representative in Spain.
• Make a Spanish Income tax declaration and pay tax on any income you will earn in Spain.
• Pay local rates.
• Make a declaration of all your capital assets in Spain and pay wealth tax on them if necessary.
• Pay utility bills (direct debits through your bank may be the best idea).

If you buy property in Spain because you want to live there permanently, you are a resident and you will have to:

• Apply for work permit or permits to open a business.
• Import your car, furniture moving, etc.
• If you are retired, you should discuss with your bank the easiest way to transfer your pension to Spain.