Purchasing property in Spain generates both direct and indirect tax obligations.
On the one hand, there are indirect taxes related to buying or selling, as there is a taxable event subject to VAT or to the Property Transfer Tax. In addition, there is the Certified Legal Documents Tax, which covers things such as notaries.
Later, regardless of the investor's tax status, there will be real or assumed income, either through renting or simply owning the property, which will be subject to direct taxation as capital gains or taxation on property income.
At GD Global Mobility, we have specialist tax advisors who can clarify the tax-related impact of purchasing the property, and we can file all the associated taxes. Contact us.