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Spanish Property Rental Income Tax

Owners of rental property in Spain are liable to pay Spanish tax regardless of whether or not they are resident for tax purposes there. If you’re living in Spain for more than 183 days in a given tax year (1 Jan – 31 Dec) you’re considered a resident for tax purposes, even if you have not obtained a Spanish residence permit.

The current Spanish rental income tax rate for non-residents is 24% of gross income with no deductions permitted for expenses. However, EU residents may deduct expenses against rental income provided such expenses are directly related to the rental income generated from the Spanish property.

They can also avail of a reduced income tax rate of 19.00%. Spanish rental income must be reported and paid one month after the rent is received..

Spanish Property Tax Rates and Deadlines

Tax Year                             1st January – 31st December
Income Tax Rate             19%
Income Tax Deadline     1 month after rent is received. Quarterly returns accepted by 20th of the month following the end of the quarter

Deemed rent – 31st of December

Capital Gains Tax Rate  19%
Dual Tax Agreement with Ireland    Yes
Dual Tax Agreement with the UK      Yes

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