Marbella-based Larraín Nesbitt Abogados (LNA) has over 18 years’ taxation & conveyancing experience at your service. We offer a wide range of 50 legal and corporate services. Our team of native English-speaking lawyers and economists has a long track record successfully assisting expats all over Spain.

You can review here our client’s testimonials.

Article copyrighted © 2021. Plagiarism will be criminally prosecuted.

Inset photo: Threatened Iberian lynx, only a few hundred remain now.

By Raymundo Larraín Nesbitt
Abogado - Lawyer
11^th of December 2021

Animal rights, always a pet article of mine.

Spain’s social-communist government is in the last legislative stages of approving a new legal framework for the protection and rights of animals. I can only show my personal appreciation and gratitude for at (long) last having such a law enacted and enforced throughout Spain.

The new draft law can be browsed here.

Spain’s historical disposition towards animal’s rights has been somewhat hazy at best; to put it mildly and avoid ruffling feathers. This situation has changed dramatically post-Constitution as new open-minded generations, imbued by democratic ideals, seize power to shape laws in line with the core values that behove a modern society.

There is still much work to be done to lobby and push hard for an agenda that extends jail terms to those few who would abuse domestic or wild animal life. In any case, to my mind, it is a clear victory that animal’s rights in Spain have (finally) become a tenet of our society which will now be upheld legally.

Kudos to our government for making such a great effort to protect our animals and wildlife.

Credit where credit is due.

“The greatness of a nation, and its moral progress, can be judged by the way its animals are treated.” – Gandhi. AKA Mahatma (‘Great Soul’) Gandhi.

Mohandas Karamchand Gandhi (1869 – 1948). From an impoverished and humble social background, he would rise to become the Father of the modern Indian Nation. Trained lawyer, author, journalist, editor, staunch human rights activist and founder of the non-violent movement. He would be wrongfully incarcerated and would suffer unjust persecution throughout most of his adult life. Gandhi's mindset would be for ever changed after reading the book The Kingdom of God is Within You, from the universally acclaimed Russian writer Leo Tolstoy, in which Tolstoy reinterpreted the teachings of our Lord Jesus coalescing his ideas of non-violent resistance. In what can only be described as an extraordinary feat at the time, he single-handedly managed to lead the country to a peaceful independence, on following a nonviolent resistance movement, breaking the heavy chains of oppression from the British Empire; the world’s greatest superpower of the time. He also oversaw the peaceful breakup from the Muslim population, thus avoiding the horrors of a fratricidal civil war, which would go on to form their own country (Pakistan). Through Gandhi's peaceful actions, in both South Africa and India, he would go on to influence civil right movements and freedom activists the world over, including historically relevant figures such as reverend Martin Luther King and Nelson Mandela, both awarded with the Peace Nobel Prize. In a dark century, full of giants and great historical figures, Gandhi towers above them all, a shining beacon of Humanity. He is arguably the greatest historical figure of the 20th century.

In his spare time, he was a career politician; nobody’s perfect.

At LNA we can assist you buying, selling or renting out your property in Spain. We have 18 years’ experience in conveyance & tax. We are also specialized in Immigration & Residency permits.

Larraín Nesbitt Abogados, small on fees, big on service.

Larraín Nesbitt Lawyers is a law firm specialized in taxation, inheritance, conveyancing, residency, and litigation. We will be very pleased to discuss your matter with you. You can contact us by e-mail at info@larrainnesbitt.com, by telephone on (+34) 952 19 22 88, or by completing our contact form to book an appointment.

Related articles:

 Animal Cruelty and the Law in Spain – 8th January 2016

Please note the information provided in this blog post is of general interest only and is not to be construed or intended as substitute for professional legal advice. This article may be posted freely in websites or other social media so long as the author is duly credited. Plagiarizing, whether in whole or in part, this article without crediting the author may result in criminal prosecution. No animal, or politician, was harmed on writing this article. VOV.

2021 © Raymundo Larraín Nesbitt. All Rights Reserved.

The clock is ticking. If you are non-resident, and you own property in Spain, this is your last chance to file your Non-Resident Imputed Income Tax for year 2020. Even if you do not rent it out, you need to file this end-of-year tax. We file taxes online all over Spain.

Marbella-based Larrain Nesbitt Abogados has over 18 year’s taxation & conveyancing experience at your service. Our team of native English-speaking lawyers and economists have a long track record successfully assisting expats all over Spain. You can review here our client’s testimonials.

Blog post copyrighted © 2021. Plagiarism will be criminally prosecuted.

By Raymundo Larraín Nesbitt
Lawyer – Abogado
1^st of December 2021

The end of 2021 fast approaches.

One of our last blog posts for this year, is a gentle tax reminder.

All non-residents, who own property in Spain, need to file by the end of this year a tax called Non-Resident Imputed Income Tax (NRIIT, for short), even if you do not rent out your Spanish property. You are taxed on the previous year (2020).

We offer the following taxation service for a flat fee of 100 euros plus VAT/year.

We file your tax online within 24 hours.

Our last day to file this tax in 2021 is Wednesday the 22^nd of December.

We offer the most competitive fees in the market.

Non-Resident Imputed Income Tax (Fiscal Representation Service) €100/year

We are specialized in taxation

Larraín Nesbitt Lawyers, small on fees, big on service.

Larraín Nesbitt Lawyers is a law firm specialized in taxation, conveyance, immigration & residency, inheritance, and litigation. We will be very pleased to discuss your matter with you. You can contact us by e-mail at info@larrainnesbitt.com, by telephone on (+34) 952 19 22 88 or by completing our contact form.

Legal & tax services available from Larraín Nesbitt Abogados (LNA):

• Non-Resident Income Tax (Fiscal Representation) 
• Holiday Rental Accounting Service (HRAS) 
• Registration of Holiday Homes (Andalusia)
• Spanish Inheritance Tax (IHT)
• Spanish Inheritance Tax Assessment Report (SITAR)
• Wealth Tax
• Spanish Resident Income Tax (IRPF)
• Tax form 720

Please note the information provided in this blog post is of general interest only and is not to be construed or intended as substitute for professional legal advice. This article may be posted freely in websites or other social media so long as the author is duly credited. Plagiarizing, whether in whole or in part, this article without crediting the author may result in criminal prosecution. VOV.

2.021 © Raymundo Larraín Nesbitt. All Rights Reserved.

Marbella-based Larraín Nesbitt Abogados (LNA) has over 18 years’ taxation & conveyancing experience at your service. We offer a wide range of 50 legal and corporate services. Our team of native English-speaking lawyers and economists has a long track record successfully assisting expats all over Spain.

You can review here our client’s testimonials.

Article copyrighted © 2021. Plagiarism will be criminally prosecuted.

By Raymundo Larraín Nesbitt
Abogado - Lawyer
21^st of November 2021

As we have been pointing out over the last year, a series of factors have built up to create excellent buying opportunities. Real estate experts share a general consensus that now is the right time to buy property in Spain, specifically in Andalusia.

1. Ultra-low taxation. As we’ve covered in previous articles (Andalusia lowers Property Transfer Tax and Stamp Duty), early on this year Andalusia drastically reduced the taxes on buying property, to the point we have never seen such low taxes in this region. Furthermore, the tax breaks on buying property have now been extended indefinitely, so they are no longer time-gated. The Junta de Andalucia has also approved a batch of measures to also cut down several other taxes (Inheritance Tax, IRPF, Wealth tax etc) turning Andalusia de facto into an ultra-low taxation area, along with Madrid. In plain English, Andalusia and Madrid are now the two areas where you pay fewer taxes in all of Spain. And last I checked, Madrid had no beach, so the choice is easy. To sum up, the continued landmark tax changes implemented by the new regional government since April 2019 (lowering, negating or supressing them) are so eventful they have ushered in a new era of wealth-planning in Andalusia.
2. Ultra-low interest rates. Interest rates are sitting now at an all-time low, which enables would-be buyers to secure cheap loans (fixed interest is your best bet if the ECB hikes the interest rate in the future to offset a spike in inflation). Bank loans become ‘cheaper’ as inflation rises, as you actually owe less money to your lender (in real terms).
3. Pandemic & Brexit induced price reductions. The ongoing pandemic and Brexit have forced sellers to reduce their asking price creating once-in-a-lifetime buying opportunities for savvy investors.
4. Bull market. In Andalusia, we are undergoing since April 2021 a property boom that has prompted a rise in property prices, specifically in coastal areas. Property is appreciating an average of 8% p.a. in coastal resorts and rising YOY. In some exclusive locations, such as Marbella, property prices have risen by over 30% over the last two years.
5. Spike in inflation. In a financial context of a sharp rise in inflation, having your money stuck in a bank is a losing proposition. In an inflationary environment, money depreciates fast losing its value day-to-day. Finance experts agree that a smart way to hedge your savings against rising inflation is to take on a mortgage loan and invest in real estate to avoid losing purchasing power over the long run as bank deposits devalue over time with high inflation. This was the key strategy that many savvy investors followed in the 70’s, during a time of high inflation, which in hindsight made them very rich.
6. Buy-to-rent. Annual rental yields are over 5% net. If you also add on top the capital appreciation (point 4 above), you are looking at a safe investment that is netting you over 10% p.a. risk-free. No other safe investment offers you such yields in a context of an underperforming bond market. In addition to this, the Spanish Tax Office offers lenient tax breaks which on average reduce landlord’s tax bills by 70%, or more (if EU-resident). A landlord can offset most, if not all, of their property-related expenses, vastly reducing their income tax on buy-to-lets (i.e. holiday rentals). More on this topic in my articles: Rental prices soar for 5th consecutive year in Spain! and 8 Tips for Buy-To-Let Success in Spain.
7. Pound rally vs. Euro. Following up on point two above, expectations are high the BoE will raise the interest rate to combat the pernicious effects of inflation. In anticipation of this move, the pound rallied, since April this year, appreciating significantly against the Euro. This translates into UK buyers having greater 'purchasing power' on buying euro-denominated property. In plain English, any property in euros becomes much cheaper for sterling pound purchasers.
   

In short, it’s never been safer and more profitable to buy property in Andalusia than today. Don’t fight the current and move with the flow; take full advantage of Spain’s real estate property boom.

Are you really going to miss out?

At LNA we can assist you buying, selling or renting out your property in Spain. We have 18 years’ experience in conveyance & tax. We are also specialized in Immigration & Residency permits.

Larraín Nesbitt Abogados, small on fees, big on service.

Larraín Nesbitt Lawyers is a law firm specialized in taxation, inheritance, conveyancing, residency, and litigation. We will be very pleased to discuss your matter with you. You can contact us by e-mail at info@larrainnesbitt.com, by telephone on (+34) 952 19 22 88, or by completing our contact form to book an appointment.

Related services:

• Conveyancing in Spain – Buying
• Conveyancing in Spain – Selling

 Please note the information provided in this blog post is of general interest only and is not to be construed or intended as substitute for professional legal advice. This article may be posted freely in websites or other social media so long as the author is duly credited. Plagiarizing, whether in whole or in part, this article without crediting the author may result in criminal prosecution. VOV.

2021 © Raymundo Larraín Nesbitt. All Rights Reserved.

Marbella-based Larraín Nesbitt Abogados (LNA) has over 18 years’ taxation & conveyancing experience at your service. We offer a wide range of 50 legal and corporate services. Our team of native English-speaking lawyers and economists has a long track record successfully assisting expats all over Spain.

You can review here our client’s testimonials.

Article copyrighted © 2021. Plagiarism will be criminally prosecuted.

By Raymundo Larraín Nesbitt
Director of Larraín Nesbitt Lawyers
11^th of November 2021

Officially no, in practice there are some snags.

The reason being is that all visa permits, including a Golden Visa, have as a staple requirement in Spain that an applicant must hire private health insurance from a Spanish-based company.

Most Spanish health providers do not insure applicants over the age of 70 years old. None insure over the age of 75 years old full cover, at least to our knowledge.

This in practice translates indirectly to vetting any applicant over the age of 75 y.o. In effect, no candidate over 75 is eligible for Spanish private healthcare which in turn means your visa application is simply thrown out and you fail one of the core requirements common to all visa permits in Spain.

So, if you are thinking of making the move to Spain, at some point in your life, please, for your own sake, make sure you do not leave it until it is too late. Always apply for Spanish residency permits under the age of 75 y.o.; I would even go further, recommending the age of 70 to be on the safe side.

LNA has a 100% track record attaining Spanish residency

Larraín Nesbitt Lawyers, small on fees, big on service.

At Larrain Nesbitt Abogados, we have assisted hundreds of EU and non-EU nationals to successfully attain a Spanish residency permit.

Interested? Come and speak to Larraín Nesbitt Abogados’ friendly staff who will be pleased to guide you through the different residency options, choosing the one that appeals to you most. Your family’s success is only one call away: (+34) 952 19 22 88.

Residency services available from LNA:

• Golden Visa (investor's visa)
• Lucrative Visa (business visa)
• Non-Lucrative Visa (pensioner’s visa)
• EU-family regrouping (marriage visa)
• Spanish Residency permit for EU nationals (includes TIE card & NIE number)

Related visa articles

• Investor Guide to Spain’s Golden Visa Law – 8th November 2013
• Spanish Golden Visa (New York Times – China edition) – 8^th July 2015
• Golden Visa Spain – 8th June 2017
• Golden Visa Spain ­­– 8/8/18
• Golden Visa Spain: 10 frequently asked questions – 8th October 2019
• Relocating to Spain? We offer a wide range of Immigration & Residency services – 8th January 2020
• Golden Visa for British investors – 21^st January 2021
• Spanish Golden Visa for British, it’s retroactive! – 8^th February 2021
• EU-family regrouping (Marriage Visa) – 8^th March 2021
• Lucrative visa (self-employed) – 8^th April 2021
• Non-lucrative visas explained – 8^th May 2021
• How to spend over 90 days in Spain – Residency visa overview – 21^st May 2021
• I want a Spanish visa, but I don’t want to pay any taxes in Spain – 1st August 2021
• Is age a thing on requesting a Spanish residency permit? – 11th November 2021

Please note the information provided in this article is of general interest only and is not to be construed or intended as substitute for professional legal advice. This article may be posted freely in websites or other social media so long as the author is duly credited. Plagiarizing, whether in whole or in part, this article without crediting the author may result in criminal prosecution. No delusional separatist politician was harmed on writing this article. VOV.

2.021 © Raymundo Larraín Nesbitt. All Rights Reserved.

Lawyer Raymundo Larraín briefly walks us through the new revamped plusvalia tax law.

Marbella-based Larraín Nesbitt Abogados (LNA) has over 18 years' taxation & conveyancing experience at your service. We offer a wide range of over 50 legal and corporate services. Our team of native English-speaking lawyers and economists have a long track record of successfully assisting expats all over Spain.

You can review here our client’s testimonials.

Article copyrighted © 2021. Plagiarism will be criminally prosecuted.

By Raymundo Larraín Nesbitt
Lawyer - Abogado
11^th of November 2021

As readers may recall, Spain’s Constitutional Court overturned plusvalia tax last 26^th October 2021. We published a detailed article at the time. The legal effects would come into force as from the next day this landmark ruling was published in Spain’s Official Law Gazette (BOE, in Spanish), as with any other law. We advised at the time that it was highly likely a new law would be approved soon (days or weeks), so chances to wriggle through scot-free were slim at best.

Yesterday 9^th November 2021, in an absolute record-time that would even make Usain Bolt blush in shame, the Spanish Government published the new revamped plusvalia tax which came into force yesterday 10^th of November 2021. Gosh, I wish tax rebates were processed so fast! This new law, despite what was initially claimed by Spanish Tax Authorities, has in fact no retroactivity to the 26^th October. Yay.

However, we are still awaiting the High Court’s ruling of last 26^th October to be published in the BOE … and two weeks on we are still waiting and waiting. Aww.

The jaded me would say the key ruling has been ‘hijacked’ by the powers that be, but surely this cannot be the case in a Western EU Democracy under the Rule of Law, right? Certainly not, God forbid! I’ll slap myself on the wrist for having such dark thoughts.

Anyway, before I digress further into a rabbit hole, the point being is that plusvalia tax is reinstated as from today.

So, if you are:

1. Selling property
2. Gifting property
3. Inheriting property

You need to pay plusvalia tax as from today.

Everything done and dusted, yes? Well, no.

Because, what happens with all the transactions that took place between the 26-10-2021 and the 09-11-2021? Had the Hight Court’s ruling been published, it would be clear cut that no plusvalia tax was to be paid in those two weeks. But then, the landmark ruling was never published in Spain’s BOE.

Also town halls need months to adapt their own local bylaws to this new tax law which brings into question what happens in the interim with all ongoing transactions?

Finally, questions are being raised on whether it's constitutional to approve a law that creates a tax as a Real Decreto-ley (such as yesterday’s) because, in strict accordance with the hierarchy of our laws, this is reserved only to a higher-ranking law (Art 133.1 of Spain’s Constitution, our Supreme law) approved by Congress itself. A Real Decreto-ley is just a law passed by the Government, but it is not enacted or ratified by our Congress. This, from a legal perspective, has huge legal implications. Which leaves the door ajar for lawyers to challenge yesterday’s law on grounds of being unconstitutional.

This would mean the new revamped law of yesterday - that was approved precisely to replace a law that had been overturned on grounds of being unconstitutional - could be yet again overturned by Spain’s Constitutional Court on grounds of being unconstitutional in a Kafkian turn of events. Are you still with me? You really couldn’t make it up.

I think I need a drink.

Legal services available from Larraín Nesbitt Abogados:

• Conveyancing – Buying
• Conveyancing – Selling

Related articles

• Buying distressed property in Spain – 8th August 2011
• Let-to-Buy in Spain: The Smart Choice – 8th of April 2012
• Buying resale property in Spain – 21st February 2013
• How to buy commercial property in Spain – 4th July 2014
• How to buy rural property in Spain – 8th August 2014
• How to Buy Property in Spain Safely – 10th October 2014
• House Hunting in Spain – Interview with The New York Times. June 2015
• Buying property in Spain from a private seller (Resale Property) – 21st of February 2017
• Buying property in Spain – 10 reasons to hire a lawyer – 8th November 2016
• Selling property in Spain – 10 reasons to hire a lawyer – 8th December 2016
• How to inspect an off-plan property overseas – Q&A with The Sunday Times. July 2017
• 8 Tips on Buying Off-Plan in Spain – 8^th June 2018
• Tax advantages on becoming resident in Spain – The Address magazine (pages 358 - 373). December 2018
• Taxes on buying Spanish property – 8th December 2018
• Do’s and don’ts on buying property in Spain – 8th April 2019
• 8 tips on buying a home in Spain – 8th June 2019
• Home-Buyer's Checklist - OFFPLAN – 1^st March 2020
• Home-Buyer's Checklist - RESALE – 11^th March 2020
• Plusvalia tax overturned by Spain's Constitutional Court – 26th October 2021

Please note the information provided in this blog post is of general interest only and is not to be construed or intended as substitute for professional legal advice. This article may be posted freely in websites or other social media so long as the author is duly credited. Plagiarizing, whether in whole or in part, this article without crediting the author may result in criminal prosecution. No Thu'um was used against Skyrim's dragons on writing this article. VOV.

2.021 © Raymundo Larraín Nesbitt. All Rights Reserved.

Anál nathrach, orth' bháis's bethad, do chél dénmha

Reuters news agency reports in an article below how Spanish property is booming:

"Spanish real estate not just recovering but booming, data shows

MADRID, June 8 (Reuters) - Spanish house sales in April surpassed 2019 levels, official data showed on Tuesday, a sign the property market is not just recovering from last year’s slump but is hotter than before COVID-19 struck.

Data from Spain’s College of Registrars, who underwrite real estate transactions, showed that April’s house sales were 3.1% higher than in 2019, and 91% higher than in the same period last year, a near-doubling of activity from Spain’s first full month under lockdown.

The number of mortgages taken out on homes shot up by 31.5% over the year as buyers sought to change homes or refinance to make the most of unusually low interest rates. Compared with April 2019, residential mortgages were up 8.8%, the data showed.

Spain has sought to reopen itself to both business and travel in recent weeks, emboldened by its accelerating vaccination campaign and ebbing coronavirus infections, with policies allowing pent-up investor demand to find an outlet.

Overall real estate transactions - rather than just residential sales - grew 9.3% compared to April 2019, the registrar data showed.

Intensifying economic activity and high demand for bigger, brighter and greener homes appears to have pushed prices up too, with property surveyors Tinsa reporting a 1.3% rise in house prices in May year-on-year.

Spain’s islands and Mediterranean coast experienced the sharpest price rises, Tinsa said. (Reporting by Clara-Laeila Laudette; Editing by Nathan Allen and David Gregorio)"

Source: Reuters

Marbella-based Larraín Nesbitt Abogados (LNA) has over 18 years' taxation & conveyancing experience at your service. We offer a wide range of over 50 legal and corporate services. Our team of native English-speaking lawyers and economists have a long track record of successfully assisting expats all over Spain.

You can review here our client’s testimonials.

Article copyrighted © 2021. Plagiarism will be criminally prosecuted.

By Raymundo Larraín Nesbitt
Lawyer - Abogado
11^th of October 2021

Following on the trend to lower taxes, Andalusia’s regional government announced last week that it would be drastically reducing IHT for relatives in third degree:

Group III: Relatives in second and third degree: in-laws, brothers/sisters (siblings), nephews/nieces, aunts, and uncles.

As we’ve reported several times, relatives in first and second degree do not pay inheritance tax for estates under 1mn euros. Over and above 1mn eruos, they have a tax allowance of 99% in Andalusia. In other words, almost no one pays inheritance tax within these two family groups:

Group I: Natural and adopted children under 21.
Group II: Natural and adopted children over 21, spouse, registered civil partnerships, parents, adoptive parents, grandparents and great-grandparents.

The new change we report on today translates into these allowances being broadened to include (for the first time) the third group of relatives. For family members in Group III, the top marginal rate in IHT is reduced from 70% down to only 45% (in the most extreme cases, when millions are inherited).

Despite drastically reducing inheritance tax in Andalusia, the regional government has earned an extra 600mn euros in taxes. This is known as the Laffer Curve which we’ve explained in detail in previous articles. Basically, it means that when you lower taxes, paradoxically, the tax revenue increases (at least until a marginal point is reached) because more taxpayers comply. As Andalusia came from a point of high taxes, the Laffer Curve effect is quite noticeable in the public coffers. This positive effect (increase of taxe revenue despite lowering tax rates) is also taking place in the autonomous region of Madrid, which also keeps lowering its taxes relentlessly.

This new change for family members in a third degree will come into effect as from January 2022.

Following this welcome tax change, Andalusia will have as from 2022 the most tax-efficient inheritance tax laws out of all the autonomous communities in Spain. This, once more, proves the unwavering commitment of our regional government to lower taxes where possible and reduce admin red tape.

These are the sort of tax measures that I keep pointing out help to attract foreign investments and foster a dynamic economy that creates jobs. Kudos to our politicians.

At Larrain Nesbitt Abogados we can assist you buying & selling property in Spain and deal with its taxation. Ask us.

Larraín Nesbitt Lawyers, small on fees, big on service.

Larraín Nesbitt Lawyers is a law firm specialized in conveyance, taxation, inheritance, residency and litigation. We will be very pleased to discuss your matter with you. You can contact us by e-mail at info@larrainnesbitt.com, by telephone on (+34) 952 19 22 88 or by completing our contact form to book an appointment.

Inheritance-related tax articles

• New EU Regulation to be Passed on Succession and Wills –18th May 2010
• EU Pulls the Stops and Vows to Put and End to Inheritance Taxation Discrimination on Non-Resident Beneficiaries Inheriting in Spain – 20th May 2010
• Non-residents: Six Advantages of Making a Will in Spain – 8th August 2012
• Buying and Owning Spanish Property through Companies: Pros and Cons – 7th March 2014
• Spanish Wills and Probate Law in Light of European Regulation 650/2012 – 8th January 2015
• Changes to Spain’s Inheritance and Gift Tax Law – 21st February 2015
• Dispelling Spanish Inheritance Tax Myths – 8th August 2015
• Spanish Inheritance Tax for Non-Residents (Part I) – 21st February 2016
• Spanish Inheritance Tax for Non-Residents (Part II) – 8th March 2016
• Inheritance Tax Novelties in Andalusia. FAQ on IHT – 8th September 2016
• Which beneficiaries are hit worst by Spanish Inheritance Tax (IHT)? – 2nd June 2017
• Non-Resident: Why you need to make a Spanish will – 24th June 2017
• Non-resident: careful on making a will in Spain – 30th August 2017
• Andalusia to slash Inheritance tax for inheritances under 1 million euros – 21st September 2017
• Old Spanish wills made by (resident) British nationals are being declared void – 8^th May 2018
• Seven advantages of making a Spanish will – 8th May 2018
• Andalusia to abolish inheritance tax in 2019 – 29^th January 2019
• Andalusia, now a tier 1 region for low taxation – 3rd July 2019
• How to mitigate your inheritance tax bill in Spain – 8th July 2019
• Oops! Accidentally revoking your Spanish will – 1^st August 2019
• Brexit and Inheritance & Gift tax in Andalusia – 8th August 2019
• Inheritance tax in Spain: regional tax reliefs to benefit ALL non-residents in the future (even outwith EU/EEA) – 26th August 2019
• Andalusia slashes inheritance tax for relatives in third degree, brothers and nephews (Group III) – 11^th October 2021

Please note the information provided in this blog post is of general interest only and is not to be construed or intended as substitute for professional legal advice. This article may be posted freely in websites or other social media so long as the author is duly credited. Plagiarizing, whether in whole or in part, this article without crediting the author may result in criminal prosecution. VOV.

2.021 © Raymundo Larraín Nesbitt. All rights reserved.

Marbella-based Larraín Nesbitt Lawyers has over 18 years' taxation & conveyancing experience at your service. We offer a wide range of over 50 legal and corporate services. Our team of native English-speaking lawyers and economists have a long track record successfully assisting expats all over Spain. You can review here our client’s testimonials.

Copyrighted © 2021. Plagiarism will be criminally prosecuted.

Just a gentle reminder to all non-residents, who own property in Spain and rent it out (whether long or short-term i.e. holiday home); you must file your Q3 2021 quarterly tax return now in October. You are being taxed on your rental income for the previous three months: July, August, and September.

For 2021, the non-resident tax calendar is as follows:

• Q1 January – March. Filed on the first 15 days of April
• Q2 April – June. Filed on the first 15 days of July
• Q3 July – September. Filed on the first 15 days of October
• Q4 October – December. Filed on the first 15 days of January 2022

Our cut-off date to accept filing Q3 2021 non-resident tax returns is Friday the 15th of October 2021.

Please do not wait until the last moment to submit your quarterly tax return. We file this tax online all over Spain within 24 working hours.

We can offer you this tax service for a very competitive fee: 125 euros plus 21% VAT.

The quoted fee is per property and per tax quarter, it includes up to two joint owners i.e. husband & wife.

Our fees are 100% tax-deductible from the tax to pay.

The main highlight of our tax service is that we reduce your income tax by 70%, or more, on applying for lenient landlord tax relief on all your property-related expenses.

Contact us and pay less tax. If you overpay taxes in Spain, it is only because you want to.

Q3 2021 tax submission period

From the 1^st to the 20^th of October.

Related tax service

Holiday Rental Accounting Service (HRAS)

Related taxation articles

• Holiday Rental Laws in Spain – 8th of March 2015
• Non-Resident Taxes in Spain – 8th December 2015
• Holiday Rental Laws in Andalusia (Decree 28/2016) – 8th of February 2016
• Renting in Spain - Landlord´s Taxation – 8th of January 2017
• Holiday Home Taxation in Spain – 8th of July 2017
• Holiday Rentals in Andalusia Made Easy – 3^rd July 2017
• Non-Resident Income Tax – 8^th December 2017
• Holiday Rental Accounting Service (HRAS) – 16^th January 2018
• Holiday Rental Taxation in Spain – 8th July 2018
• Renting in Spain: are you still overpaying income tax every quarter? – 16^th October 2018
• You are taxed at source on renting out in Spain – 30^th November 2018
• Did you get an email from AirBnb over your Spanish tax details? – 21st December 2018
• Important information from the Spanish Ministry of Finance – 7^th January 2019
• Property portals and rental platforms to pass on landlord details to the Spanish Tax Authorities. Are you prepared? - 12th January 2019
• Holiday lettings: VAT invoice dissected – 11th February 2019
• Requerimiento - Spanish tax agency's summons – 7th March 2019
• Save 70% on your landlord tax bill – 8th March 2019
• Spain's new rental law in 2019 – 8^th March 2019
• 8 Tips for Buy-To-Let Success in Spain – 21^st October 2019
• Rentals climb for fifth consecutive year in Spain! – 12^th February 2020

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