Etiqueta 'Mallorca capital gains'
Capital gains tax in Spain – part 2
Residents of Spain aged 65 and above are exempt from capital gains tax on property if it has served as your primary residence for over three years, even if you do not reinvest the proceeds.
Capital gains tax in Spain
When relocating to Spain or acquiring property here, you should familiarise yourself with the Spanish tax framework and proactively devise strategies to mitigate your tax obligations.
Fall in property capital gains in a majority of Mallorca's municipalities
Lower than in 2019 and in 2021 and only slightly up on 2020.
In Spain, capital gains tax is not applicable when you sell your primary residence
In Spain, capital gains tax is not applicable when you sell your primary residence.
- Spain wants Britons to show they have 113.40 euros, £97, per day for their holidays
- Big changes on the horizon when Britons travel to Mallorca
- Over two hours for Britons to get through Palma airport queues
- Palma Airport passport control "collapse" put down to unscheduled flights
- Living in a motorhome in Palma: "It'll only get worse"