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How does wealth tax work in Spain?

Posted: Fri Dec 13, 2019 12:49pm
1 reply129 views1 member subscribed
Alec38

Posts: 14

Location: Albir

Joined: 13 Dec 2019

We are thinking of applying for residencia in Spain and need to understand the associated costs.

I understand there is a wealth tax in Spain.

What asset types is it levied on? ie U.K. property, U.K. private pension pots etc.

Whats the percentage rate charged?

Is there a tax free allowance?

How and when is it collected?

Alec38

Posted: Mon Dec 16, 2019 7:08am

Alec38

Original Poster

Posts: 14

Location: Albir

Joined: 13 Dec 2019

Posted: Mon Dec 16, 2019 7:08am

Thanks Ray. That’s very helpful.

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Thy Will Be Done
Jennifer Cunningham Insurances SL
ASSSA Insurance
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