Taxes to be paid with the non-lucrative residence visa
Finally, we wanted to include a section in which we could discuss the taxes you will have to pay with this visa in Spain.
First of all, because this residence card requires you to stay a minimum of 183 days a year in the country to renew, you will become a tax resident.
And, if you have any other legal doubt, we are at your complete disposal!
First of all, because this residence card requires you to stay a minimum of 183 days a year in the country to renew, you will become a tax resident.
- This basically means that you will have to pay income tax on your worldwide income. Keep in mind that there are double taxation agreements. These will prevent you from paying twice for the same income if it was generated in another country but also paid in Spain.
- In the event that you decide to invest, for example in company shares, and you generate a profit from your investments, you will have to pay capital gains tax.
- In addition, in the case of buying a property, there may also be taxes associated with the transaction.
And, if you have any other legal doubt, we are at your complete disposal!
