Non Residence tax Fiscal

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05 Jan 2013 12:55 by gedo Star rating in North Wales/Los Mont.... 5 posts Send private message

gedo´s avatar
Hello all,

Hoping someone can help me by shedding some light on a nasty letter I received this morning!!

I've received a letter from novagalicia banco re Declaration de Residencia Fiscal. We've had our apartment nr Alicante for almost 3 years but quite unaware what this tax is. We have been paying what we thought was all monies die or Suma etc! Unfortunately it does appet they are claiming we owe €3000 but being in Spainish nothing seems clear. We will be contacting our local Solicitor who originally acted on our behalf for further advice.
We have no Spanish mortgage on our property, and a friend of mine who also has a place suggested maybe because of this our fees may be cost more??

Any advice will be greatly appreciated,
Many Thanks
Mike



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05 Jan 2013 13:19 by johnzx Star rating in Spain. 5068 posts Send private message

Without knowing what the letter says, it is difficult to suggest what it actually about

 

It possibly relates to the tax which people who own a property in Spain, but who are not tax resident, are obliged to pay each year. It is based the catastral value and amounts roughly to 0.25% of that value

 


This message was last edited by johnzx on 05/01/2013.

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05 Jan 2013 13:22 by Team GB Star rating. 1245 posts Send private message

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Mike

On the face of it you have nothing to worry about. All banks are required to get their NON resident account holders to sign a declaration every two years. If you Google 'Declaration de Residencia Fiscal' you will find loads of information.



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