InternationalInternational

First, an NIE, the foreigner identification number, essential for signing before a notary, opening a bank account and paying taxes. Then it is worth deciding whether to buy personally or through a company, as this changes the taxation of ownership, letting and any future sale. We accompany the whole process.

A treaty between two countries that decides which of them may tax each type of income — salaries, rent, dividends, gains — and how paying twice on the same income is avoided, usually through a credit in the country of residence. Spain has treaties with most of the countries around it. Applying one properly requires proof of tax residence through a certificate from the home country.

As a rule, you are tax resident in Spain if you spend more than 183 days here in a calendar year, or if your main economic interests or your family are here. Residents pay tax in Spain on their worldwide income. When both countries consider you resident, the treaty decides using its tie-breaker rules. It is a common situation around Sotogrande and Gibraltar, and it is best resolved before the tax authorities raise it.

Yes. Foreign investment in Spain is generally free, although it must be declared to the Investment Register and, in strategic sectors or for non-EU investors above certain thresholds, requires prior authorisation. We handle the due diligence, the structure of the deal, the authorisations and the subsequent integration.