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pedro
11-03-2009, 04:55 PM
Hi i have owned a house in murcia for 5years,been renovating inow want to move permanently. I am 60 and plan to live of savings till i get my pension will i be liable for any tax and sould i register in spain i have just under 70,000 and about 2,000 ayear income . Pedro

Marta
11-04-2009, 01:50 PM
Hi Pedro,

Which is your nationality and your country of residence?

pedro
11-04-2009, 07:41 PM
Hola marta, i am a uk citizen and live in england i should say i d,ont want to transfer to much money yet at s uch a poor rate

Lawbird Lawyer
11-05-2009, 05:29 PM
Dear Sir,

On owning property in Spain you will be held liable to pay a series of property-related taxes such as:

1. IBI tax (aking to UK's Council Tax)
2. Garbage collection
3. Income tax on property (fictional notion)

Besides the above, if you spend more than 183 days a year in Spain you will become a fiscal resident being taxed on your worlwide income.

We have a specific sub-forum dealing with tax-related queries: Taxes (http://www.marbella-lawyers.com/forums/forumdisplay.php?f=11)

Yours faithfully,
Raymundo LarraĆ*n Nesbitt