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gardner8
05-12-2006, 04:00 PM
We have residencia, have owned our house for 2 years and are not pensioners. If we sell our house in order to buy another one will we still have to pay tax on the sale?

Expert advisor
05-23-2006, 08:30 AM
You will have to pay taxes corresponding to the sale and also the Income tax for the variation in the net worth (profit) that will be 15% (less the reductions for the time of ownership and expenses), whenever you have the fiscal residency in Spain, that will be more profitable than if you were non resident.

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