Real Estate Investment in Spain — Property Purchase & Non-Resident Tax

Buying property in Spain as a foreigner, or already an owner? We explain the taxes, structuring options, and the residency routes that exist today now that the Golden Visa has ended.

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What's covered in this consultation

  • Property purchase taxes: ITP (Transfer Tax), VAT on new builds, AJD (stamp duty)
  • Non-resident income tax (IRNR): annual obligation for non-resident property owners
  • Rental income in Spain: declaration, deductible expenses, rates
  • Residency after the Golden Visa: current alternatives (Digital Nomad Visa, Non-Lucrative Visa, arraigo)
  • Structuring property purchase: personal ownership vs. Spanish S.L. vs. foreign structure
  • Capital gains on property sale: rates, exemptions, and reductions

How It Works

01

Send a WhatsApp or book a free intro call

Describe your situation in a few lines. We'll confirm we can help and suggest the right consultation type. No commitment required — the first reply is always free.

02

We listen in your language and map your situation

Tell us everything. We speak English, Ukrainian, Spanish, Russian, Polish, Italian and Bulgarian. We'll ask the right questions and give you a complete picture of your legal and tax position.

03

You leave with a clear action plan

Not 'consult a lawyer.' Specific next steps, documents needed, deadlines to know, and — if your case needs full legal handling — a direct introduction to the LexDixit team.

Frequently Asked Questions

What taxes do I pay when buying property in Spain?

The main taxes when buying property in Spain are: ITP (Impuesto sobre Transmisiones Patrimoniales) for resale properties — rates vary by region, typically 6–10%; VAT (IVA) at 10% for new-build properties (plus 1.5% AJD stamp duty); additional costs include notary fees, land registry fees, and agency fees. Total purchase costs typically add 10–15% to the purchase price.

What is the Non-Resident Income Tax (IRNR) on Spanish property?

If you own property in Spain but are not a Spanish tax resident, you must file an annual non-resident income tax return. Even if you don't rent out the property, Spain imputes a deemed rental income (typically 1.1–2% of the cadastral value) and taxes it at 24% for non-EU residents or 19% for EU/EEA residents. Rental income is taxed at the same rates on actual income received.

Can I still get residency by investing (the Golden Visa)?

No. Spain's Golden Visa (residency by investment) was abolished in full on 3 April 2025 by Organic Law 1/2025 — and not only the €500,000 property route, but also the government-bond (€2M), company-shares (€1M), bank-deposit (€1M) and investment-fund (€1M) routes. No new applications are accepted. Buying property in Spain remains perfectly legal, but it no longer grants residency. Non-EU nationals who want to live in Spain now use other routes — the Digital Nomad Visa, the Non-Lucrative Visa, or arraigo. If you already hold a Golden Visa granted before 3 April 2025, you keep your status and can renew it.

Should I buy Spanish property personally or through a company?

This depends on your intended use (personal use vs. rental income), whether you plan to sell, your tax residency status, and whether the property forms part of a larger investment portfolio. Each structure has different tax implications. There is no universal answer — we model the best approach for your specific situation.

Free express diagnostic of your situation

In 15 minutes we'll tell you whether this solution fits you and what to do next. Send us a WhatsApp — we usually reply within 2 hours.