Calculate your capital gains tax liability when selling property in Spain as a non-resident.
Non-Resident Tax Rules
If you're not a Spanish tax resident, you'll face:
- Capital Gains Tax (CGT): 19-23% progressive rates
- 3% Retention: The buyer must withhold 3% of the sale price and pay it to the tax authorities
CGT Rate Structure (Non-Residents)
| Taxable Gain | Rate |
|---|---|
| €0 - €6,000 | 19% |
| €6,001 - €50,000 | 21% |
| €50,001+ | 23% |
Inflation Adjustment (Coeficientes de Actualización)
Spain allows you to adjust the purchase price for inflation, reducing your taxable gain. The adjustment factor depends on the year of purchase and sale.
Purchase Cost Deductions
You can add to your cost basis:
- Notary fees
- Property registry fees
- ITP (transfer tax) paid at purchase
- Renovation and improvement costs
- Real estate agent fees (at sale)
Main Residence Exception
If the property was your main residence in Spain, you may qualify for:
- Exemption if you reinvest in another Spanish residence
- Partial exemption for elderly sellers