In the event that you are not a tax resident in Spain and you decide to obtain income by renting your home in Spain, you must know that you are required to file the 210 model and declare your rent every quarter (April 20, July 20, October and January 20 of the following year).

If you are a resident in a country belonging to the European Union, Iceland or Norway, the tax rate will be 19% of the income obtained, for all other countries the tax rate is 24% of the income.

If you are resident in a European Union country, all the necessary expenses for the rent can be deducted such as loan interests (with the limit of the rental income), local rates, community expenses, etc.

Where expenses are deducted, a tax residence certificate must be attached to the tax declaration that is to be submitted, this certificate is issued by the corresponding fiscal authorities.

You should consult your tax department in your country of origin as it is normal to declare all the income in your country of residence and deduct the taxes paid in Spain as a result of renting your home and avoid double taxation.

If you require more information contact us, we can assist you when it comes to presenting your taxes.