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IRPF

Spanish Taxes for Non-Residents

Spanish taxes for non-residents. Modelo 210

The Spanish Tax Agency (AEAT) establishes that the condition of non-resident can be accredited by providing a certificate of residence in another State issued by the tax authorities of that State and the term of validity of said certificates extends to only one calendar year. If you are a non-fiscal resident you only have to pay taxes over your Spanish source income. The general flat income tax rate for non-residents is 24% and 19%, if you are a citizen of an EU/EEA state.

Other income is subject to Spanish non-resident taxes as follows:

  • Capital gains resulting from transferred assets are taxed at a rate of 19%.
  • Investment interest and dividends are taxed at 19 percent, although are typically lower through double taxation agreements. Interest tax is exempt for EU citizens.
  • Royalties are taxed at 24%.
  • Pensionare taxed at progressive rates, from 8% to 40%.

If you a non-resident you should make your tax return on model 210.

Special Spanish tax for foreigners working on assignment

There is a special tax regime for foreignerscoming to work in Spain on an employment contract with a Spanish company. This is sometimes known as ‘Beckham’s Law’ as it was allegedly set up so that footballer David Beckham did not have to pay tax on his worldwide image rights when he came to play for Real Madrid in 2003.

Under the regime, you are only taxed in Spain on Spanish income at a rate of 24% up to €600,000 (2015 and 2016). For more than €600,000, in 2016 the tax rate was decreased from 47% to 45%. There’s no capital gains tax payable on interest outside of Spain.

If you are a Spanish tax resident (spending more than 183 days a year in Spain) and have not been resident in Spain in the last 10 years, you can apply to be taxed under this regime within six months of arriving in Spain. You can get reduced taxation for up to five years. Then you must file Modelo 151, to apply use Modelo 149

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