IBI Tax (Town Hall Rates)
This tax applies to both residents and non-residents. In some parts of Spain, it is known as SUMA. All property owners must pay this tax every year.
IBi tax is required to pay all property-related taxes, such as Non-Resident Imputed Income Tax (once a year) and Non-Resident Income Tax (quarterly tax on lease agreements, including holiday lettings). If you don't have IBI tax set up, you cannot file and pay these taxes. Non-payment of this tax can lead to your property being impounded and auctioned off.
IBI is a local tax levied by your town hall. Paid normally once a year. We offer a service to set up payment of this tax as a direct debit against your Spanish bank account. This requires a Power of Attorney.
Legal fee: From €200
We will be very pleased to discuss your matter with you. You can contact us by e-mail at firstname.lastname@example.org, by telephone on (+34) 952 19 22 88 or by completing our contact form.