capital gains tax on property

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    • July 4, 2005 at 1:36 pm #51154
      Anonymous
      Participant

      As a non-resident is there any way round having to pay capital gains tax on selling a house in Spain even when I would be buying another, more expensive one also in Spain.

    • July 4, 2005 at 3:37 pm #58458
      Anonymous
      Participant

      I can’t think of any way, though becoming resident should get you off the hook. This can open up a tax can of worms, mind, depending on where else you are claiming residency!

    • April 23, 2012 at 8:25 am #108486
      Anonymous
      Participant

      Note that the Spanish Government quietly put up CGT this year from 19pc to 21pc.

    • April 23, 2012 at 3:29 pm #108498
      Anonymous
      Participant

      There aren’t going to be too many people paying CGT if they bought in the last 8~10 years and are selling now, once prices are adjusted for inflation!

    • April 24, 2012 at 7:06 am #108505
      Anonymous
      Participant

      JP1, that is what you think. The Spanish Tax man has his/valution. There are threads on this.

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