Entries by imontlegal

Non-resident income tax

State annual tax that non-residents have to pay for owning a property in Spain. To determine the tax base, the cadastral value is multiplied by 2%
(1.1% if the cadastral value has been revised in the last 10 years). A tax rate of 19% is applied to the tax base obtained (24% for residents of countries outside the European Union or the European Economic Area).

Extension of stay and residence and or work permits for foreigners in spain due to the covid 19

The BOE of 20 May publishes Order SND/421/2020, of 18 May, adopting measures relating to the extension of stay and residence and/or work permits and other situations of foreigners in Spain, in application of Royal Decree 463/2020, of 14 March, declaring the state of alarm for the management of the health crisis situation caused by COVID 19. The following extensions and measures are established with respect to foreigners in Spain, due to the COVID-19 health crisis: