We specialise in
Property Income Tax for non-Residents
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About us
We are an accounting and tax advisory firm, with extensive experience in the consulting sector, providing services to individuals and businesses located within Spain and beyond.
Our company is located in Marbella, on the Costa del Sol, an area in southern Spain with a large percentage of citizens from all over the world.
We have an expert team who specialise in the preparation and presentation of the Modelo 210, called «Impuesto sobre la Renta de no Residentes», which is the Income Tax for Non-Residents.
This service is offered to:
- Owners of properties located in Spain who are required to make a return of deemed income or/and actual rental income.
- Shareholders, profiting from the sale or disposal of Spanish shares.
What form 210 is?
Model 210 is the Income Tax for Non-Residents (Impuesto Sobre la Renta de no Residentes), which is presented before the AEAT (Agencia Estatal de Administración Tributaria), that is, the Spanish tax Authority.
Spanish non resident tax form 210 it is a national tax that applies to any Non-Resident, from a fiscal perspective, who owns a property in Spain.
We Can Help
You Prepare
and Present
Your Taxes
In Model 210...
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Taxes to be paid on Spanish properties
This national tax is applied to Non-Residents in Spain, taking into account the property income.
In case the property is used by the owner, the tax liability is a percentage that depends on the cadastral value of the property.
It applies only to those days that the property has not been rented out during the year.
If the owner, on the other hand, rents the property out, receiving a benefit for income obtained from the rental of a property that is located in Spain, she/he would have to declare and pay the tax on the amount received as rental income in Modelo 210, on a quarterly basis.
This is a local tax that has to be paid to the Town Hall once a year.
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How is the Tax
Liability calculated?
Model 210 (deemed income)
It depends on the country of residence (owner), on whether the country is a member of the European Union or not and on which city the property is located.
The tax bill is 2% of the cadastral value of the property; this could be reduced to 1,1% if the cadastral value has been updated in the last ten years.
Modelo 210 (rental income)
It depends on the gross amount of rental income received at a rate of 19% or 24%, depending on the country where the owner lives.
Since Brexit, citizens of the United Kingdom do not have the right to deduct any type of expense, so the income will coincide with the benefit obtained.
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What is the deadline to file form 210?
Don’t miss out on the dates to avoid fines.
Modelo 210 (deemed income) must be submitted during the calendar year following the actual date
Modelo 210 (income derived from the selling of a property and Capital Gains) must be submitted within three months after the expiration of a period of one month from the date of the transfer of the property.
This request of return of the amounts withheld is only applicable if the Non-Resident has filed the previous Modelos 210.
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Fees
Know how much is non resident tax in Spain.
Payment
If we need to make the payment on your behalf, full payment by bank transfer to ourselves is required in advance
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Contact us
How can we help?
Please provide your details with a brief message in the box below or email us on info@spanishtaxreturn210.com and we will contact you within 48 hours.