The Spanish Tax Agency is intensifying its control over property transactions carried out by non-residents, particularly regarding the correct application of Non-Resident Income Tax (IRNR).
A key aspect is the mandatory 3% withholding on the sale price (Form 211), which must later be regularized through Form 210. In practice, frequent errors are being detected, especially in transactions involving capital losses or improperly justified expenses, often leading to delays or reductions in tax refunds.
In this context, obtaining proper legal and tax advice from the outset is essential to avoid issues and ensure an efficient outcome.
At Spain Legal Coach, we provide clear and preventive legal guidance to ensure secure and well-structured property transactions in Spain.
