View Full Version : property,sell & buy

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.

We remain at your disposal to any further matter you may require.