Larraín Nesbitt Abogados

Tax in Spain

Spain to increase Plusvalia tax on selling property

On selling property in Spain, you are liable for two taxes: Capital Gains Tax (CGT) Plusvalia tax. The first tax is national and set by the government. The second one, is a devolved competency to municipalities (read town halls).
Digital Nomad Visa Spain

Spain to approve a Digital Nomad Visa

In a nutshell, the Digital Nomad Visa (DNV, going forward) introduces great tax breaks (for both employers and employees), streamlines the visa procedure (reducing waiting times), it allows for greater freedom, and most fundamentally reduces the admin control on applicants This visa is tailor made
Buy-to-let landlord tax reliefs in Spain

Buy-to-let: Landlord’s tax reliefs

July. It’s that month of the year again when landlords are - once more - making a killing through rental income. Have you tried booking in Spain a flat or villa in July, August, or September?
Real estate growth in Spain

Spanish real estate chains 11 months of continued growth!

Spain has registered 11 months of consecutive real estate appreciation, with each month surpassing in strength the previous one, showing no signs of abating. As published in previous articles, after the Covid pandemic officially ‘ended’, buyers threw themselves en masse to buy property in Spain.
Spanish rental cap

Spanish Government extends the 2% rental cap a further 3 months

As we predicted in our previous article (Spanish Government introduces inflation control in long term rentals – 11th April 2022), because of Spain’s high inflation, the government would continue to ‘chain’ (by this we mean renew every 3 months) the 2% inflation cap on long term rentals. Spain’s Nat
Luxury rentals in Spain

Luxury rentals explained (alquileres suntuarios)

You are probably aware of Spain’s Tenancy Act (LAU, in Spanish). You will have likely heard that all long-term rental contracts in Spain are subject to the LAU and must abide by its terms. But are they really?