Clarity is essential when advising foreign nationals who wish to comply with their tax obligations in Spain. As the person seeking advice is not currently used to deal with legal issues, it is essential to summarise the basic facts in order to avoid misunderstandings. The first key concept is the residency for tax purposes: an individual who lives in Spain less than 183 days a calendar year is considered as a non resident for tax purposes and consequently he is obliged to pay Non Resident Income tax and also the wealth tax. However, if such individual lives in Spain more than 183 days a calendar, or if his wife and […]
