16 Feb 2013 6:28 PM:

Thank you to everyone for your input..much appreciated.

And thanks ever so much to Roberto, you've made it all a lot clearer for me now....more so than the Spanish officials i asked lol.....I love living here until you have to do anything official!

 

Thread: Tax on property when sold

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16 Feb 2013 4:05 PM:

Many thanks for your input......i heard about the 40% about 5 years ago when a friend of mine sold her house and she had 2 years to buy another one and re-invest the money in Spain.

I am a fiscal resident and have been for many years. Not sold house yet but obviously with the current climate I am annoyingly going to lose money when i do as value has gone down so wanted an idea if there would be any more to lose outside of the normal taxes i will have to pay etc

I'm not looking to buy another property yet, and possibly never again in Spain, but may buy in the UK, so just wanted to make sure I could transfer the money to a different country without penalties for not re-investing the money back into the property market here

 

Thread: Tax on property when sold

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16 Feb 2013 11:18 AM:

Does anyone know if there is still a 2 year limit to buy when you have sold your property. Years ago when you sold your house, you had 2 years to invest the money back into another property or you had a crazily high tax of around 40% to pay...not sure if it's the same now as had 2 conflicting pieces of advice

Thread: Tax on property when sold

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