Spanish wealth tax
Hello, I am new to the forum
My wife and I have just retired and are planning on selling up and relocating to Spain. My sister moved over a couple of years ago and enjoys it very much. We have visited twice and were very impressed with the lifestyle but have also heard some not so good things about the Spanish tax system .We want to do everything above board so when we have sold our house in the uk we will come to Spain with assets of approximately £1200000 and plan to purchase a villa for £150000. Is anyone able to advise what the wealth tax would be approximately on this figure as we intend to disclose all on tax return when due. Many thanks