Non resident tax

I don't really understand, but I'm only on my first coffee of the day.

If you're a non-resident property owner, then you pay non-resident tax every year, and the tax for 2018 is due to be paid by the end of 2019.

How it's calculated depends on when the property was last revalued by Catastro. If it has been revalued in the last ten years (the last revaluation date is shown on your IBI bill), then the tax is 19% of 1.1% of the catastral value.

If revalued more than ten years ago then the 1.1% is replaced by 2%.

After Brexit, the 19% will be replaced by 23 or 24% (can't remember the exact figure).

The only reference I've heard of re two years is that banks have to get a non-resident certificate to present to the tax office, and they normally only do this every two years. They do of course charge you for this service. If you're willing to face the hassle of getting a non-resident certificate yourself, and provide this to your bank, you should be able to save the cost of them doing it.

Thanks Jim, if we have paid our non resident tax what is the two year one all about. Is it a necessity? For whom?

Mary

Jim, sorry to disturb you, how do we apply for this certificate and what details will be required? Any ideas?

Mary

Spanish banks have to provide details of every account to the tax office at the beginning of every year. Part of the information they must provide is whether an account is for a resident or non-resident. To be able to do that, the banks want proof if an account is for a non-resident, which means that a non-resident certificate has to be obtained from the national police or a foreigners' office. There may be other ways of doing it, but the one I know of is to use the NIE application form EX-15 and select the boxes for CERTIFICADO and for De no residente.

Thank you will try and complete one in August when we are over . Will ask at bank for help.

I think the bank would rather do it themselves and charge you for the service. It might be worth letting them - as I said initially there's hassle involved. 

You may be right Jim, because time is limited at our holiday home We'd rather pay a bit for peace of mind. Thank you once again for the replies. Mary.