Re: Re: Comparison of living costs – Spain vs UK

LoadingFavourite
#117282
Profile photo of angie
angie
Spectator

Can someone explain the Capital Gains Tax situation on own homes in Spain? In the UK this doesn’t apply to your own property, but I think it is paid on homes in Spain unless resident or continually re-invested in property for so many years, or age over 65 and resident 3 years. I’ve read it can go up to 30% of any profit on a sale of property. UK system seems a lot easier to grasp, ie ‘none’, unless on multiple properties 🙄