{"id":1076,"date":"2023-01-26T14:46:28","date_gmt":"2023-01-26T13:46:28","guid":{"rendered":"https:\/\/lasanclas-ibiza.com\/blog\/en\/?p=1076"},"modified":"2023-03-20T12:50:54","modified_gmt":"2023-03-20T11:50:54","slug":"changes-in-property-transfer-tax-from-january-2023","status":"publish","type":"post","link":"https:\/\/lasanclas-ibiza.com\/blog\/en\/changes-in-property-transfer-tax-from-january-2023\/","title":{"rendered":"Changes in Property Transfer Tax from January 2023"},"content":{"rendered":"\n<!-- Facebook Like Button Vivacity Infotech BEGIN -->\n<div class=\"fb-like\" data-href=\"https:\/\/lasanclas-ibiza.com\/blog\/en\/changes-in-property-transfer-tax-from-january-2023\/\" data-layout=\"button_count\" data-action=\"like\" data-show-faces=\"false\" data-size=\"small\" data-width=\"450\" data-share=\"1\" ><\/div>\n<!-- Facebook Like Button Vivacity Infotech END -->\n<p>The transfer tax is a tax that the buyer of a property must pay during the first month after signing the <a href=\"https:\/\/lasanclas-ibiza.com\/blog\/en\/info-public-sales-purchase-deed-ibiza\/\">public sales-purchase deed (escritura de compraventa)<\/a> and is calculated by applying a percentage depending on the purchase price.<br \/>\nThe tax rate in Ibiza was, <strong>until 2022<\/strong>, between 8 and 11% of the purchase price and was classified as follows:<\/p>\n<div class=\"col1\">up to \u20ac 400.000,-<\/div>\n<div class=\"col2\">= 8%<\/div>\n<div class=\"col1\">from \u20ac 400.000,01 to \u20ac 600.000,-<\/div>\n<div class=\"col2\">= 9%<\/div>\n<div class=\"col1\">from \u20ac 600.000,01 to \u20ac 1.000.000,-<\/div>\n<div class=\"col2\">= 10%<\/div>\n<div class=\"col1\">from \u20ac 1.000.000,01<\/div>\n<div class=\"col2\">= 11%<\/div>\n<p>The new approved law, which has been in force <strong>since January 2023<\/strong>, increases the applicable percentage, creating in addition a new tranche, classified as follows:<\/p>\n<div class=\"col1\">up to \u20ac 400.000,-<\/div>\n<div class=\"col2\">= 8%<\/div>\n<div class=\"col1\">from \u20ac 400.000,01 to \u20ac 600.000,-<\/div>\n<div class=\"col2\">= 9%<\/div>\n<div class=\"col1\">from \u20ac 600.000,01 to \u20ac 1.000.000,-<\/div>\n<div class=\"col2\">= 10%<\/div>\n<div class=\"col1\">from \u20ac 1.000.000,01 to \u20ac 2.000.000,-<\/div>\n<div class=\"col2\">= 12%<\/div>\n<div class=\"col1\">from \u20ac 2.000.000,01<\/div>\n<div class=\"col2\">= 13%<\/div>\n<p>The calculation is made by dividing the price by tranches and to each tranche the percentage corresponding to that amount is applied.<br \/>\nFor example, if the purchase price is 1.000.000,-\u20ac, a 8% is applied to the first 400.000,-\u20ac, to the following 200.000,-\u20ac is applied a 9%, and to the remaining amount of 400.000,-\u20ac with which we reach the total price of 1.000.000, a 10% is applied.<\/p>\n<div class=\"signature\">\n<div class=\"blg\"><a href=\"https:\/\/lasanclas-ibiza.com\/en\/imprint\">All information is supplied without liability!<\/a><\/div>\n<p>    <a href=\"https:\/\/lasanclas-ibiza.com\/en\/\"><img decoding=\"async\" class=\"alignnone size-large wp-image-385\" alt=\"\" src=\"https:\/\/lasanclas-ibiza.com\/blog\/wp-content\/uploads\/blogsign.png\" \/><\/a>\n    <\/div>\n","protected":false},"excerpt":{"rendered":"<p>The transfer tax is a tax that the buyer of a property must pay during the first month after signing the public sales-purchase deed (escritura de compraventa) and is calculated by applying a percentage depending on the purchase price. The tax rate in Ibiza was, until 2022, between 8 and &hellip; <a href=\"https:\/\/lasanclas-ibiza.com\/blog\/en\/changes-in-property-transfer-tax-from-january-2023\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":1077,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,3],"tags":[152],"class_list":["post-1076","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legislation","category-news","tag-property-taxes"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.4 - aioseo.com -->\n\t<meta name=\"description\" content=\"The transfer tax is a tax that the buyer of a property must pay during the first month after signing the public sales-purchase deed (escritura de compraventa) and is calculated by applying a percentage depending on the purchase price. The tax rate in Ibiza was, until 2022, between 8 and 11% of the purchase price\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"author\" content=\"lasanclas\"\/>\n\t<meta name=\"keywords\" content=\"property taxes\" \/>\n\t<link rel=\"canonical\" href=\"https:\/\/lasanclas-ibiza.com\/blog\/en\/changes-in-property-transfer-tax-from-january-2023\/\" \/>\n\t\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 5.0.4\" \/>\n\t\t<meta property=\"og:locale\" content=\"en_GB\" \/>\n\t\t<meta property=\"og:site_name\" content=\"Ibiza Property Market | inmobiliaria LAS ANCLAS Ibiza\" \/>\n\t\t<meta property=\"og:type\" content=\"article\" \/>\n\t\t<meta property=\"og:title\" content=\"Changes in Property Transfer Tax from January 2023 | Ibiza Property Market\" \/>\n\t\t<meta property=\"og:description\" content=\"The transfer tax is a tax that the buyer of a property must pay during the first month after signing the public sales-purchase deed (escritura de compraventa) and is calculated by applying a percentage depending on the purchase price. The tax rate in Ibiza was, until 2022, between 8 and 11% of the purchase price\" \/>\n\t\t<meta property=\"og:url\" content=\"https:\/\/lasanclas-ibiza.com\/blog\/en\/changes-in-property-transfer-tax-from-january-2023\/\" \/>\n\t\t<meta property=\"article:published_time\" content=\"2023-01-26T13:46:28+00:00\" \/>\n\t\t<meta property=\"article:modified_time\" content=\"2023-03-20T11:50:54+00:00\" \/>\n\t\t<meta name=\"twitter:card\" content=\"summary\" \/>\n\t\t<meta name=\"twitter:title\" content=\"Changes in Property Transfer Tax from January 2023 | Ibiza Property Market\" \/>\n\t\t<meta name=\"twitter:description\" content=\"The transfer tax is a tax that the buyer of a property must pay during the first month after signing the public sales-purchase deed (escritura de compraventa) and is calculated by applying a percentage depending on the purchase price. 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