Andalusia suppresses Wealth Tax


By ML
Director of Alanda Properties

Andalusia approved to suppress wealth tax on the 21st of September 2022.

In plain English, following on the example of the liberal region of Madrid, it will set on wealth tax an allowance of 100%. Which in practical terms, is tantamount to abolishing wealth tax altogether in the region of Andalusia, so taxpayers with get to pay nada. This change benefits both residents and non-residents in Spain.

This last tax reduction made Andalusia the region with the lowest taxes in all of Spain, along with Madrid.

Contact me at Alanda Properties if you are buying or selling property on the Costa del Sol and Sotogrande. You will be surprised to learn the deals this new market has to offer on prime locations.

2022 © ML. All Rights Reserved.

NEED HELP?


Contact with Alanda Properties

Contact Us
Casillas
Casillas

News

Discover the news of the sector


Beckham’s Law: pay few taxes in Spain legally (Spain’s non-domiciled tax scheme)!


By MLDirector of Alanda Properties In 2015, Spain introduced a special tax regime for wealthy EU expatriates that relocate to Spain. Following in the footsteps of other countries’ successful non-domiciled tax schemes, namely the United Kingdom, the self-declared goal of this programme is to attract high-achievers to relocate to Spain on the back of a […]

Moving to Spain? Basic checklist


By MLDirector of Alanda Properties On moving to Spain, you should tick the below basic checklist to avoid any future problems. 1. Residency or visa permit. Most people don’t realise that living in Spain for over 90 consecutive days entails you apply for a permit. Depending on whether you are a EU national, or not, […]