Taxes for Costa Blanca Investors

Headline rates 2026

Resident vs non-resident — the threshold that changes everything

183-day rule: physical presence in Spain >183 days in a calendar year = tax resident. Centre-of-economic-interests rule: Spain is your tax home regardless of days if your family or primary income source is here.

Tax-resident status triggers worldwide taxation, Modelo 720/721/D6 reporting, and wealth-tax exposure on global assets. Non-resident status taxes only Spanish-source income at flat IRNR rates.

The transition year is decisive: if you arrive in H1 (Jan–Jun), you'll likely be Spanish-resident for the full calendar year. Plan disposals, bonuses, and crypto sales accordingly.

Beckham Law (régimen impatriado)

• ✦Eligibility: relocated to Spain for work in the last 5 years, not Spanish-resident in prior 5 years.
• ✦Flat 24% on Spanish-source income up to €600k (47% above).
• ✦Foreign-source income (dividends, capital gains, rental on foreign property) generally exempt during 6-year window.
• ✦Wealth tax: only on Spanish-situs assets — major saving for HNWs.
• ✦Election must be made within 6 months of social-security registration.

Common investor structures

• ✦Direct personal ownership — simple, IRPF or IRNR, ITP on transfers.
• ✦Spanish SL holding (sociedad patrimonial) — 25% corporate tax, useful for >€2M portfolios, no wealth-tax shield by itself.
• ✦Foreign holding (LU, IE, NL) — common pre-Beckham, but CFC rules and beneficial-owner registers (UBO) now make naked offshore structures risky and expensive.
• ✦Trust/foundation — Spain doesn't recognise trusts; foreign trusts are usually look-through for tax purposes.