Non-resident property owners in Spain must pay taxes like Property Tax (IBI), Non-Resident Income Tax (IRNR), and Wealth Tax. Staying compliant with deadlines is crucial to avoid penalties. Welex, a tax adviser in Marbella, ensures correct filings for non-residents, helping you avoid fines and legal issues.
At Welex, many clients ask why property developers in Spain request extensive personal information. This is due to Law 10/2010, which aims to prevent money laundering and terrorism financing. Developers are required to verify the source of funds used in property transactions by collecting documents through a Know Your Client (KYC) form.
Explore the different types of rentals you can implement in your real estate investment in Spain. At Welex, we provide specialized advice to maximize your rental opportunities and ensure regulatory compliance.
Find the best lawyer in Spain with Welex, your Dutch-speaking law firm in Marbella. Read our guide for practical tips and answers to all your questions.
Why do I need Apostilled and Legally Translated Marriage Contracts to Buy a Property on a Privative Basis? Purchasing a property in Spain is a process that can present many challenges, especially for those looking to buy privately when married under a different matrimonial property regime than the separation of property. At Welex, experts in [...]
Welex, law firm in Marbella and experts in buying and selling in Spain, is pleased to explain in this blog the legal guarantees for the buyer of a property under construction in Spain. If you are interested in buying a property under construction in Andalusia, you should know that there are a series of legal [...]
By Welex, your efficient tax advisors in Spain. When it comes to owning a property in Spain but not being a resident there, all expenses derived from the rental of that property are deductible when filing the tax return, as long as the non-resident belongs to the European Economic Area (EEA). Non Spanish-resident taxpayers who [...]
At Welex, your law and accountancy firm in Spain, we are pleased to write a few lines about the conditions for tax exemption for reinvestment of the capital gains obtained after the sale of your main residence in Spain. Are you a tax resident in Spain? You wish to sell your main residence in Spain [...]
Welex, your accountant, tax adviser and lawyer on one roof, is pleased to provide insights into the recent regulatory updates issued by the Spanish Tax Agency regarding the submission of quarterly income tax for those non-residents who get rental incomes in Spain and don't have a permanent establishment, effective from the first quarter of 2024. [...]
At Welex, a firm of lawyers and economists in Marbella, we recognize the legal challenges faced by non-residents when selling a property in Spain. In this blog, we will discuss in detail the taxes and duties on the sale of property by non-residents in Spain. If you are a non-resident in Spain and have decided [...]
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