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CHANGE IN LAND TRANSFER TAX SINCE JANUARY 2016

LAND TRANSFER TAX (Impuesto sobre Transmisiones Patrimoniales) When buying real estate, which is not composed of new buildings, you have to pay a Land Transfer tax (Impuesto de Transmisiones Patrimoniales). This tax is payable within one month after the signing of the public sales-purchase deed (escritura de compraventa) and is … Continue reading

Filled under : Ibiza Real Estate , Legislation , News
Author : lasanclas
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Taxes & Purchase Costs When Buying Property In Ibiza

– GENERAL Foreigners wishing to buy or sell a property in Spain must be in possession of a tax identification number (Número de Identificacion para Extranjeros), NIE number in short. 1. LAND TRANSFER TAX (Impuesto sobre Transmisiones Patrimoniales) When buying real estate, which is not composed of new buildings, you … Continue reading

Filled under : Ibiza Real Estate , Legislation
Author : lasanclas
Comment Number : No Comment Yet