Following instructions from Spanish Foreigners Office, from 6th July and until the 31st December 2020 -providing there is no extension of the transition period-, all UK nationals willing to keep their condition as residents in Spain after Brexit could exchange their green residency permits for new ones called “TIE” (non-EU residency cards). For the moment it is just an option,… Read more »
SPECIAL TAX ON PROPERTIES OWNED BY NON-RESIDENT COMPANIES IN TAX HEAVENS COUNTRIES What are the basic characteristics of the special tax on real estate owned by non-resident entities? Entities residing in a country or territory considered a tax haven that own or possess real estate in Spain are subject to Non-Resident Income Tax through a… Read more »
MASSIVE REQUIREMENTS FROM THE SPANISH TAX OFFICE TO POTENTIAL SPANISH TAX-RESIDENTS The Spanish Tax office is sending requirements with regards to their annual tax return to many citizens that are considered as potential tax residents in Spain. They are sending letters requesting to those who may be liable to submit their tax return of… Read more »