As a non-resident must I pay tax on a property I bought on Nov 2012?

[Patricia]

Hello Sallyd

Palma de Mallorca has had its valor catastral updated during 2013 (and in 1997 before this).

I assume the valor catastral quoted is for 2014. Using this figure, your tax liability would be of €194.94 for 2014. The same calculations are valid for 2013 provided that the valor catastral hasn’t changed. As for 2012, we need the valor catastral for that year. Considering that you have only owned the property for a little more than a month in 2012, you can expect to pay in the range of €10 - €20 for that period of time.

Taxes for 2015 are due in 2016, so no need to worry now.

Form 214 is no longer in force. It was replaced several years ago with Form 210.

If you wish us to take care of your tax obligations as a non-resident, you can hire our Fiscal Representation service. We charge €99.95 per owner and year, and it includes paying and filing any past due forms.

Kind regards

[samsam]

As a non resident I bought a property in 2000 and sold this in April 2011. Notary withheld 3%. My capital gain was 150.000 Euro. I left Spain without paying CGT and moved to Asia. I now want to buy multiple apartments on the Costa del Sol in Spain again. My question is: How many Years after the sale in 2011 can the Spanish tax office come and demand CGT payment. Is it correct that there possibility to demand payment expires after 4 or 4 1/2 Years ?