Non-Resident Capital Gains Tax

Non-Resident Capital Gains Tax applies to non-resident property owners who have sold their Spanish property. If you've sold your property in Spain, you are required to declare and pay taxes on any profit you've made from the sale. The submission of this tax is done through the Spanish Tax Form Modelo 210 to the Agencia Tributaria (national tax authority).

The tax rate for capital gains is 19%, and this rate remains consistent regardless of the residency status of the taxpayer.

The deadline is set at 4 months from the sale date. This provides ample time to gather all the necessary information and documentation required for accurate reporting.

Calculating Capital Gains Tax

The tax is calculated on the difference between the acquisition costs and the sale price, minus connected expenses: ((Sale Price + Connected Expenses) - (Purchase price + Connected Expenses)) x 19%.

Withholding Tax on Capital Gains

When a property owned by a non-resident taxpayer is sold in Spain, the buyer is obligated to withhold 3% of the sale price on account of the seller's Capital Gains Tax. This means that the buyer deducts this amount from the sale price and pays it directly to the tax authorities. The buyer must provide a copy of the Modelo 211 (withholding tax return) to the seller.

The seller is then required to report this withholding tax in their Capital Gains Tax return and account for it against their final tax liability.

If the calculated Capital Gains Tax is higher than the withholding tax, the seller needs to pay the difference to the tax authorities. On the other hand, if the withholding tax is higher than the tax due, the seller can claim the excess back from the tax authorities.

Case studies

Here are some examples of how the imputed income tax is calculated.

Example One

EU resident, who sells a property in Mallorca - single owner

Sale price: 100000€
Sale costs: 4.000€
Purchase price: 60.000€
Purchase costs: 6.000€
Withholding tax: 3.000€
One owner: German
Tax rate EU: 19%
Tax calculation: (100.000 - 4000) - x (60.000 + 6000) x 19% =11400€ - 3000€ = 8400€
Total to pay 8400€

Example Two

UK residents who sell a property in Marbella - joint ownership

Sale price: 260.000€
Sale costs: 12.000€
Purchase price: 160.000€
Purchase costs: 10.000€
Withholding tax: 7.800€
Two owners: British
Tax rate non-EU: 19%
Tax calculation: (260000- 12000) - x (160000 + 10000) x 19% = 14820€ - 7800€ = 7020€
Total to pay 7020€

Example Three

EU resident, who sells a property in Tenerife, Spain - Single owner

Sale price: 80000€
Sale costs: 4.000€
Purchase price: 60.000€
Purchase costs: 6.000€
Withholding tax: 3.000€
Two owners: French
Tax rate EU: 19%
Tax calculation: (80.000 - 4000) - x (60.000 + 6000) x 19% =1900€ - 3000€ = - 1100€
Total refund 1100€


Filing online with IberianTax is significantly cheaper than using an accountant.

Plus, it's simple to do and can be done from anywhere, anytime!













All you need to do is create an account, and complete the simple questionnaire with our step by step guidance. We will then calculate your tax for you. Then you simply choose how to pay from the 3 payment options available and we will submit your Modelo 210 directly to the AEAT. It's that easy!

File your Modelo 210 today.
Tax returns made simple


Check out what some of our customers think of our service.

As a property owner non resident of Spain , I utilised iberianTax software to complete my taxes and the service is 1st class. Highly Recommend. Ohh do...

Jason C.

I found IberianTax to be friendly, professional and highly supportive, with quick and detailed responses to questions I asked. I would definitely reco...

Matthew S.

IberianTax is cost effective and they provided me with a very fast efficient service. Thanks Iberian.

Brian M.

We experienced an excellent service, great savings and a streamlined process to file our tax returns.

Neville B.

I am very grateful for the help and service I have received from the people at Iberian Tax. I would highly recommend them and they have good prices.

Grete R.

Very professional service and approach. They do take that extra step towards your needs. Prompt response makes your questions answered within minutes....

Oleg T.

Very easy to use service, helpful support for the questions i had. Will use again next year. Recommended.

Rob W.

One of the best platforms to DIY your Spanish taxes. I used to pay double for a service that can be done in just a few minutes. And the consultants ar...

Florian P.

Check out more reviews on Google.