Legal and fiscal administration
Legal and fiscal assistence starts with the preparation of a purchase agreement and application for an N.I.E.application, required by the notarial deed "Numero de Identificación de Extranjeros", as well as opening a bankaccount for future financial transactions or a mortgage application.
Administrative and fiscal matters to follow-up of the title deed for notary registration and transfers of utilities and if necessary registration with your urbanization to be in order with all common parts. Intervention by a gestor or lawyer is recommended especially in the event of an application or annulation in case of an existing mortgage or other outstanding debts.is advised . The reimbursement for your tax representative makes everything complete.
Drawing up a will or notarial power of attorney are frequently used options, useful in family situations or when you are unable to personally sign the deed.
Selling a property, an intervention by a Gestor is recommended in case of liquidation of an existing mortgage or outstanding debts. A certificate of second habitation segundo tecnical habitación and an energy certificate are required to present the new owner when transferring the home.
Annual declaration of income "El Impuesto sobre la Renta de No-residentes" is subject to the same tax legislation and a series of unavoidable tax obligations for both foreign and resident-owner. property tax, bank account or interest from savings deposits. Non-residents must prepare a Model 210 form. This tax is included in the double taxation day valid in those countries that signed the treaty. An expert follow-up of your annual administration and tax liability at the municipality (IBI) and government institutions is recommended.
Plusvalia is a municipal capital gain tax on the increase in the value of the parcel, payable when your property is sold. In case of non-residents, 3% tax is deducted from the sales sum in the event of transfer and transferred to the tax authorities. Wealth tax is a national tax on world income and profit on sales. This difference is settled with the next personal income tax return (IRPF).To non-residents this applies to income in Spain
Fiscality for non-residents and residentst both are subject to the same tax legislation and to a series of inescapable tax obligations such as property tax, bank account or interest from savings deposits. Non-residents with permanent residence are also required to file a declaration "El Impuesto sobre la Renta " on an annual basis. This tax was included in the double taxation period valid in those countries that signed the treaty.
Legal expertise as a supplementary service .Sometimes it happens you do need judicial advise. For family, civil, labor or inheritance taxes you can turn to our lawyer. A legal settlement in the case of rescheduling of co-ownership is recommended to avoid extreme transfer tax.