British Expats

British Expats (https://britishexpats.com/forum/)

- Spain (https://britishexpats.com/forum/spain-75/)

- - Tax (https://britishexpats.com/forum/spain-75/tax-796607/)

trigon2013

May 9th 2013 11:13 pm

Tax

I have recently sold a house in France in order to buy in Mallorca.
If I transfer the proceeds from the sale to my Spanish non resident account will I be taxed on it?

Fred James

May 9th 2013 11:33 pm

Re: Tax

It depends on where you were tax resident at the time of the sale.

billgates

May 10th 2013 12:52 am

Re: Tax

Spread the cash around several banks.
You just never can tell these days.

trigon2013

May 10th 2013 12:58 am

Re: Tax

I am resident in the uk

Fred James

May 10th 2013 2:56 am

Re: Tax

You can transfer the money to Spain to buy a house in Spain.

Apart from the taxes invoÃ±ved I buying property, there are no other taxes to pay if you are not tax resident in Spain.

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