Hola we are thinking of downsizing our Spanish property, the question I have is if I purchase another property here,smaller and cheaper ,would I have to pay capital gains tax on my original place?
Thanks in advance.
Posted: Wed Mar 1, 2023 4:47pm
Super helpful member
The contents of the following link should hold the answer to your question. It is always best to seek your answer(s) from a tax expert rather than depend on random answers on a Forum such as this.
https://blog.abacoadvisers.com/do-you-pay-tax-when-you-sell-your-house-in-spain/
Posted: Wed Mar 1, 2023 4:53pm
John123456 wrote on Wed Mar 1, 2023 4:47pm:
The contents of the following link should hold the answer to your question. It is always best to seek your answer(s) from a tax expert rather than depend on random answers on a Forum such as this.
https://blog.abacoadvisers.com/do-you-pay-tax-when-you-sell-your-house-in-spain/
Thank you,the link you sent was very useful and answered my question.
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