Spanish Tax Guide for Non-Residents: Complete 2026 Guide
Buying property in Spain means understanding local taxes. This guide covers non-resident taxes, rental income, capital gains, and tax treaties.
Non-resident taxes (IRNR)
Rental income tax
24% of gross rental income for non-EU non-residents. 19% for EU residents who can deduct expenses. Quarterly filing (modelo 210).
Deemed income tax
If the property is not rented, a deemed income of 1.1-2% of cadastral value is taxed at 24% (19% EU).
IBI (Property tax)
Equivalent to property tax. 0.4-0.6% of cadastral value in Madrid. Paid annually.
Basura (waste tax)
Municipal waste collection tax. ~100-200 euros/year in Madrid.
Double taxation treaties
Most countries have bilateral tax treaties with Spain to avoid double taxation. Property income is generally taxed in Spain (where the property is located), with a tax credit in your home country.
Capital gains tax in Spain
- 19% on the first 6,000 euros
- 21% from 6,000 to 50,000
- 23% from 50,000 to 200,000
- 27% from 200,000 to 300,000
- 28% above 300,000
3% withholding on sale price for non-resident sellers. Municipal plusvalia tax also due.
Purchase taxes: ITP vs VAT
Resale
ITP: 6% in Madrid (varies: 8% Andalusia, 10% Catalonia, Valencia)
New build
VAT (IVA) 10% + stamp duty (AJD) 1.5%
Beckham Law: tax optimization for expats
If you move to Spain, the Beckham Law offers a flat 24% rate on Spanish income for 6 years. Foreign income is not taxed in Spain. Ideal for relocated professionals.
Compare your taxes with our comparatorTriadica helps with tax planning
We work with tax advisors specialized in non-residents. We help you optimize your purchase structure and meet your tax obligations.