Selling Property in Spain

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30 Jun 2020 2:53 PM by Kazycookie Star rating. 1 posts Send private message

Can anyone advise please.  Selling property, CGT is 19% and I know 3% is withheld immediately on sale.  How likely is the remaining 16% to be chased once back in the UK?   Any experience or recommendation?  My solicitor in spain recommend the hold to pay the taxes, but not sure this is necessary?  Advice greatly recevied?

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01 Jul 2020 4:57 PM by windtalker Star rating. 1913 posts Send private message

If you are on a gated community and you have outstanding debt ..the president will take you to court for the recovery of monies owed...once they win the case they will engage a debt collection company in your home country for the outstanding amount plus fee's...I am sure the Spanish Taxman is quite capable of doing the same.

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