Expats in Spain, as in all European Countries, have a special regulation.
Bufete Escura has a specific service for expats that basically includes four areas: Tax, Corporate, Labor and application for NIE.
Tax issues must be taken into special consideration. To a foreign resident in Spain will affect three different taxation systems:
- NOT RESIDENTS
- RESIDENTS
- IMPATRIATES SYSTEM
The application system is determined basically by:
- NON-RESIDENTS have not to reside in Spain more than 183 days but have to receive income in Spain.
- RESIDENTS that reside in Spain for more than 183 days are in the general scheme as if they were Spanish.
- IMPATRIATES SYSTEM is an exceptional regime that is applied to displaced persons for work reasons and is eligible for up to five years.
Indicated below the tables for each application system:
- TAX RATES FOR RESIDENT IN SPAIN:
General Taxable Base:
| TAXABLE INCOME | UP TO | FROM 2016 |
| 0€ | 12.450€ | 19% |
| 12.450€ | 20.200€ | 24% |
| 20.200€ | 34.000€ | 30% |
| 34.200€ | 60.000€ | 37% |
| 60.000€ | From now | 45% |
Savings Taxable Base:
| TAXABLE INCOME | UP TO | 2015 | 2016 |
| 0€ | 6.000€ | 20% | 19% |
| 6.000€ | 50.000€ | 22% | 21% |
| 50.000€ | From now | 24% | 23% |
- TAX RATES FOR NON-RESIDENT (IRNR):
| 2014 | 2015 | 2016 | |
| General Rate | 24,75% | EU / Iceland / Norway 20% (until 11/07/15)
UE / Iceland / Norway 19,5 % (from 12/07/15) Others 24% |
EU / Iceland / Norway 19%
Others: 24% |
| Interests, dividends, profits, etc. |
21% |
Until 11/07/15: 20%
From 12/07/15: 19,50% |
19% |
| Tax Rate | 21% | Until 11/07/15: 20%
From 12/07/15: 19,50% |
19% |
- IMPATRIATES SYSTEM:
| 2014 | 2015 | |
| GENERAL RATE
|
24,75% | – Up to 600.000€: 24%
– Above 600.000€: 45% (47% in 2015). |
| TAX RATE FOR INTERESTS, DIVIDENDS AND OTHER PROFITS, ETC.
|
21% | – Up to 6.000€: 19% (20% in 2015).
-From 6.000€ to 50.000€: 21% (22% in 2015). – Above: 23% (24% in 2015) |
For further information, please click here.
