How to declare the sale of an apartment

We know that the Tax Agency does not miss even an expense derived from the sale of a flat. But what happens when you sell an apartment without residing on the peninsula? Let’s review how to declare the sale of an apartment in 2023 as a non-resident in Spain. Sell ​​your house getting more for less Paying a lot to receive little is a thing of the past. GET INFORME FOR FREE When is a person non-resident in Spain? Let’s start with the basics, who can be considered non-resident in the country? The specific answer is that individual who lives less than 183 days a year in the country . And, during the time that he does, he does not reside in his own tax domicile. . That is, it coincides with the calendar year , from January 1 to December 31. At the same time, sporadic absences that the non-resident makes outside the country in question will also count as days residing in the country. That said, the taxation of properties for non-residents is different from that of citizens who do live in Spain.

What taxes do non-residents pay when selling an apartment?

The big difference between the taxes paid by non-residents and residents in Spain is found in the income tax return. While residents pay taxes through the Personal Income Tax (IRPF), non -residents do so through the Non-Resident Income Tax (IRNR) . Taxes when declaring the sale of an apartment as a non-resident in Spain Thus, when asked if a non-resident has to file India WhatsApp Number Data an income tax return , the answer will always be affirmative . The only thing that changes is the tax on which the income obtained in Spain is levied. In summary, the taxes that a non-resident person must face after selling an apartment are: Non-Resident Income Tax (IRNR). This tax involves the withholding of 3% of the total value of the sale. Real Estate Tax (IBI).

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How to declare the sale of an apartment in 2023 as a non-resident in Spain

The non-resident’s income tax return after selling a property takes into account a withholding of 3% of the total value of the sale to settle taxes. This withholding is obligatorily carried out by the buyer, and then submitted to the Treasury. But how should non-residents in Spain file their income Belarus WhatsApp Number List tax return? The process will be as follows: When formalizing the sale, the buyer, or his representative, withholds 3% of the final value of the transaction. From the date of the sale, the buyer has one month to retain and deposit said percentage. To do this, you will use model 211. After paying the withheld amount, the buyer delivers a copy of form 211 to the non-resident seller, so that he can deduct the withheld amount when declaring the gain obtained from the transfer.

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