Taxes for non-residents : resident tax, calculate, cadastral value, tax rate, property
Blog of the Negosimmo real estate agency.
When is a person considered a non-resident in Spain?
A person falls into the category of non-resident in Spain if they live less than 183 days a year in the country and do not have a tax residence there.
Amount of the Non-Resident Income Tax (IRNR)
Non-residents in Spain who own real estate for their own use in Spain must pay the Non-Resident Income Tax (IRNR).
This tax is paid every year, before 31 December, using form no. 210.
It is calculated based on the cadastral value of the property.
How to calculate it?
Multiply the cadastral value of the property by 1.1% (or by 2% if the cadastral value has not been updated).
From this amount, the tax rate will be:
19% for citizens of the European Union and the European Economic Area
24% for non-European citizens
Example of calculation of the tax to be paid:
Mr. X, resident in Paris (France), owns an apartment in Alicante where he spends his holidays and which remains unoccupied the rest of the year. The updated cadastral value of the apartment is €100,000.
Cadastral value of the apartment €100,000.
Taxable base: €100,000 x 1.1% = €1,100.
Amount to be paid: €1,100 x 19% = €209
When is a person considered a non-resident in Spain?
A person falls into the category of non-resident in Spain if they live less than 183 days a year in the country and do not have a tax residence there.
Amount of the Non-Resident Income Tax (IRNR)
Non-residents in Spain who own real estate for their own use in Spain must pay the Non-Resident Income Tax (IRNR).
This tax is paid every year, before 31 December, using form no. 210.
It is calculated based on the cadastral value of the property.
How to calculate it?
Multiply the cadastral value of the property by 1.1% (or by 2% if the cadastral value has not been updated).
From this amount, the tax rate will be:
19% for citizens of the European Union and the European Economic Area
24% for non-European citizens
Example of calculation of the tax to be paid:
Mr. X, resident in Paris (France), owns an apartment in Alicante where he spends his holidays and which remains unoccupied the rest of the year. The updated cadastral value of the apartment is €100,000.
Cadastral value of the apartment €100,000.
Taxable base: €100,000 x 1.1% = €1,100.
Amount to be paid: €1,100 x 19% = €209
The Costa Blanca is more than 200 kilometers of coastline in the province of Alicante, very long beaches of fine sand, small coves, an average annual temperature of 20ºC. The more than 300 days of sunshine make this coast a unique place for its quality of life and a tourist area where many Spanish or European residents have taken up residence.
It is also an incredible historical and cultural heritage, between small picturesque villages, cliffs and mountains, a wide choice of leisure activities. Not to mention its renowned gastronomy where local products and know-how abound. Paella, rice, fish, cold meats, turrons…. Not to mention the vines, citrus fruits, vegetables.
Certainly, the Costa Blanca has all the assets to become the place of your new residence, where you can enjoy the Mediterranean climate and all its advantages.
ALICANTE-ELCHE AIRPORT
Alicante Airport, also called El Altet, is located 9 kilometres southwest of the capital, in the municipality of Elche. It is one of the main airports in Spain, with more than 42 airlines providing connections to 125 national and international destinations.
It ranks sixth in the Spanish airport network in terms of passenger traffic, just behind Madrid, Barcelona, Palma de Mallorca, Malaga and the Canary Islands, placing it in the ranking of the 50 busiest airports in Europe, and first in the Valencian Community.
THE TRAM FROM ALICANTE TO DENIA.
The TRAM (also called Trenet de la Marina) is a narrow-gauge railway that connects the city of Alicante to Denia, in the north of its province, along a route of almost one hundred kilometres parallel to the coast. It crosses the municipalities of El Campello, La Vila Joisa, Benidorm, Altea, Calpe, Benisa, Teulada, Gata de Gorgos, its terminus being in Denia. It has become the preferred mode of transport for many residents or tourists to move around, at a low price, in the province of Alicante.
It is also an incredible historical and cultural heritage, between small picturesque villages, cliffs and mountains, a wide choice of leisure activities. Not to mention its renowned gastronomy where local products and know-how abound. Paella, rice, fish, cold meats, turrons…. Not to mention the vines, citrus fruits, vegetables.
Certainly, the Costa Blanca has all the assets to become the place of your new residence, where you can enjoy the Mediterranean climate and all its advantages.
ALICANTE-ELCHE AIRPORT
Alicante Airport, also called El Altet, is located 9 kilometres southwest of the capital, in the municipality of Elche. It is one of the main airports in Spain, with more than 42 airlines providing connections to 125 national and international destinations.
It ranks sixth in the Spanish airport network in terms of passenger traffic, just behind Madrid, Barcelona, Palma de Mallorca, Malaga and the Canary Islands, placing it in the ranking of the 50 busiest airports in Europe, and first in the Valencian Community.
THE TRAM FROM ALICANTE TO DENIA.
The TRAM (also called Trenet de la Marina) is a narrow-gauge railway that connects the city of Alicante to Denia, in the north of its province, along a route of almost one hundred kilometres parallel to the coast. It crosses the municipalities of El Campello, La Vila Joisa, Benidorm, Altea, Calpe, Benisa, Teulada, Gata de Gorgos, its terminus being in Denia. It has become the preferred mode of transport for many residents or tourists to move around, at a low price, in the province of Alicante.