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Stop overpaying: How non-residents can save on Spanish property taxes
There are significant savings to be made when paying tax as a non-resident property owner in Spain, according to IberianTax
For many non-residents, buying a home in Spain is a lifelong goal, whether it’s a sunny escape or an investment. But owning property here also comes with its share of responsibilities, including staying on top of your tax obligations, even if you don’t live in Spain full-time.
The good news? With the right approach, you can reduce your tax burden legally and avoid overpaying. Here’s how to save money, stay compliant and get the most out of your Spanish property.
Know your tax obligations
If you’re a non-resident property owner (living in Spain fewer than 183 days per year), there are three key taxes you may need to file:
1. Imputed Income Tax
Even if your property isn’t rented, you must still pay tax based on the property’s ‘theoretical rental value’. This is known as imputed income tax.
- Rate: 19% (EU/EEA residents) or 24% (non-EU residents)
- Deadline: Before the 31st of December each year (for the previous year)
2. Rental Income Tax
If you rent out your property, whether it’s short or long term, you must declare the income generated on an annual basis.
- Rate: 19% for EU/EEA residents and 24% for non-EU residents
- Deadline: Annually between 1st and 20th January (for the previous tax year)
3. Capital Gains Tax
If you sell your property, you’ll need to pay tax on any profit made from the sale. The buyer is obligated to withhold 3% of the sale price as a pre-payment of this tax.
- Rate: 19%
- Deadline: Must be submitted within 4 months of the sale date
How to reduce your tax bill
- Use allowable deductions: If you’re an EU/EEA resident, you can deduct certain costs from your rental income, like mortgage interest, insurance, repairs and property management fees. Keep receipts and provide a tax residency certificate to qualify.
- Don’t miss deadlines: Penalties for late filing can quickly add up! Registering with IberianTax means you’ll receive free deadline reminders, giving you plenty of time to prepare.
- File early with IberianTax: IberianTax lets you file your Imputed Income Tax return months ahead of the deadline. Filing early means less stress, better cash flow and no risk of fines for missing the deadline.
Why choose IberianTax?
IberianTax is a fully digital, affordable service designed exclusively for non-residents. Prices start from just €34.95 per return, and everything – from calculation to submission – is included.
Benefits include:
- Easy online filing – no paperwork, no hassle
- Instant tax calculator – know what you owe before you pay
- Support in your language – English, German or French
- Fully approved by the Spanish Tax Authorities
- File for up to 4 owners – all under one login
Real savings
Many non-residents still pay up to €300 a year to file a simple Modelo 210 form. With IberianTax, a couple can file together for just €59.95 – saving more than €1,700 over five years!
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Sign up for free at www.iberiantax.com and join thousands of non-resident homeowners already filing their taxes the smart, secure and affordable way.
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If you own a property in Spain but are not a resident, you are required to pay tax regardless of whether you use the property as a holiday home, rent it out to others, or are selling it.
IberianTax specialises in helping non-resident property owners in Spain file their necessary tax returns online using the Modelo 210 tax form.This Spanish-registered company, which is fully recognised by the Spanish government and trusted by hundreds of satisfied customers, helps non-resident property owners in Spain to simplify the tax returns process with their user-friendly platform and expert guidance.
What is a Modelo 210 tax form?
Modelo 210 is the Spanish tax form for non-residents. It applies to individuals who do not live in Spain but own a property there and need to declare property-related taxes.
There are different types of Modelo 210 forms depending on the nature of the tax:
- Modelo 210 Imputed Income for tax on owning a property for personal use.
- Modelo 210 Rental Income for tax on income earned from renting out the property.
- Modelo 210 Capital Gains Tax for tax due on the sale of the property.
How to file your non-resident Modelo 210 tax with IberianTax in 3 steps
- Create an account: Register for free to create an account or log in. You can start for free, including a free tax estimate calculation, and pay only when you submit your Modelo 210.
- Fill out your information: Use the simple IberianTax questionnaire to enter the property and owner details, with step-by-step guidance and examples provided.
- File your taxes: Choose your payment method, and IberianTax will take care of the rest, filing your Spanish non-resident tax return online.
Why use IberianTax to file your Modelo 210?
- Quick: Create an account for free and start right away. File your Form 210 online within minutes.
- Simple: The process is questionnaire-based with step-by-step guidance, requiring no tax knowledge.
- Low Cost: Cheaper than any tax consultant or accountant, with services starting at only €34.95, compared to typical fees of around €120.
- Online Payment: There’s no need to be in Spain; You can file your 210 Form online from anywhere, anytime, with three payment methods available.
- Accurate: Developed by tax experts, IberianTax’s software ensures 100% accuracy with in-built checkers for tax calculations.
- Secure: Using data encryption, IberianTax ensures the highest level of security for your private information, along with secure payment options.
- Certified: Fully recognised and approved by the Spanish tax authorities.
- Multilingual: Services are provided in English, French, and German, with online support available in your language to ensure clarity in your tax return submission.
Whether you need to file taxes for personal use, rental income, or capital gains, IberianTax offers a comprehensive, reliable, and cost-effective solution for non-resident property owners in Spain.
Get started now on the IberianTax website or, if you have any further questions, the team will be happy to answer them. Just use the contact box above, or fill in the contact form on their website.
Alternatively, you can send an email to contact@iberiantax.com and they will get back to you as soon as possible.
