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Moving to spain
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
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Hi Pedro,
Which is your nationality and your country of residence?
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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
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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
Yours faithfully,
Raymundo LarraĆ*n Nesbitt
Last edited by Lawbird Lawyer; 11-05-2009 at 06:44 PM.
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