Capital Gains Tax ( or Spanish equivalent )
Posted: Sun Aug 11, 2019 4:42pm
Hi, We have got our Residency and are currently Renting a Villa in Albir, We will be Buying a Property sometime next year , but we are Confused about Capital Gains Tax in Spain. We have been told that if we put our entire amount obtained from our Property Sale into the Purchase of a Property in Spain that we wont pay capital Gains Tax in Spain, but our Solicitor says that its " not as Simple as that ".We also have a Second property in the UK , but our Capitol Gain will not be much on that. Could anyone in the know please advise us. Regards..... Chris