Tax

Old May 9th 2013, 11:13 pm
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Default 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?
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Old May 9th 2013, 11:33 pm
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Default Re: Tax

It depends on where you were tax resident at the time of the sale.
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Old May 10th 2013, 12:52 am
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Default Re: Tax

Spread the cash around several banks.
You just never can tell these days.
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Old May 10th 2013, 12:58 am
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Default Re: Tax

I am resident in the uk
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Old May 10th 2013, 2:56 am
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Default Re: Tax

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

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