Tax of UK house with non permanent Spanish Residency

DarioMartin wrote on Wed Jan 13, 2021 10:16pm:

The TIE isn't like residency - it IS residency.  If you obtain a visa for permanent residence, you will be tax resident in Spain and obliged to pay tax on worldwide income in Spain.  As a temporary resident (permanent residence achieved after 5 years residency) you are obliged to spend ...

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...no more than 10 months aggregate in a 5 year period outside of Spain.  Once you have completed 5 years, and are a permanent resident, you would be able to spend up to 5 years continuous outside Spain.

As a non-resident, you are of course limited to 90 days in any 180 days, and obliged to pay non-residents tax of 24%

Berny115 wrote on Wed Jan 13, 2021 7:07pm:

Hello. My husband and I got a property in Spain. We are British. We would like to be able to live in Spain (after Brexit) without selling the house in the UK. To be able to flight freely to Spain from UK I would like to obtain the TIE card. That I understand is like obtaining the residency. 

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My concern is: Does anyone know if in this situation, (I mean being resident in Spain and still having the house in the UK) I need to pay tax in Spain for the property we have in the UK?

Please let me know if someone is in similar situation and if this is case, that we need to pay tax for having property in UK. 

Thank you

Bernarda 

Jenni wrote on Thu Jan 14, 2021 1:30pm:

Hi Barnarda,

We are Spanish residents, we own property here and also in the UK. We have to make a tax declaration in Spain and also in the UK. The Spanish tax bill is horrendous over £2000 per year, (on money earned in the UK!!) the UK one minimal approx £100 per year, we do both via accountants so one assu...

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...mes they know what they are doing!!!!!.

I hope this helps.

Carwyn99 wrote on Thu Jan 14, 2021 2:30pm:

You own a house in Spain and the UK and believe a £2000 tax bill is horrendous.

Unsure what world you are living in!!!!!

Berny115 wrote on Thu Jan 14, 2021 2:52pm:

Hi Jenny

Thank you for your reply. 
Does it mean you have your house in the UK rented?

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I am not planing to rent it. Could be any difference? 
thank you. 

Jenni wrote on Thu Jan 14, 2021 4:14pm:

Hi Berny,

 Yes we rent the UK house out, To be honest I am not sure, we had to declare all assets that we had world wide, and then declare any income from those assets,  so you would have to declare the house, but as you wont have any income from it, then I assume you would not get charged tax. M...

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...y personal opinion is why do I have to declare assets in another country, but its the law, and my husband, will not do anything outside of the law, unlike me LOL!!!.  To be honest you would be best  to contact the UK inland revenue and asked them, I got better and clearer advise from them, than I did from the 4 Spanish accountants I consulted. 

Good Luck

Jenni wrote on Thu Jan 14, 2021 1:30pm:

Hi Barnarda,

We are Spanish residents, we own property here and also in the UK. We have to make a tax declaration in Spain and also in the UK. The Spanish tax bill is horrendous over £2000 per year, (on money earned in the UK!!) the UK one minimal approx £100 per year, we do both via accountants so one assu...

Read more...

...mes they know what they are doing!!!!!.

I hope this helps.