Can foreigners buy property in Spain without being residents?

Yes. Spain imposes no general restrictions on foreign property ownership. EU and non-EU nationals may purchase freely regardless of residency status. The key requirement is obtaining an NIE before completing the transaction.

What taxes apply when buying property in Spain as a non-resident?

For resale properties, the main acquisition tax is ITP, typically ranging from 6% to 13% depending on the region and property value. New builds attract VAT (10%) plus stamp duty. Total acquisition costs typically represent 11–14% on top of the purchase price.

Can I complete the purchase without travelling to Spain?

Yes. Through a notarial power of attorney, your Vicox Legal team can represent you at every stage without requiring your physical presence in Spain.

What mortgage conditions apply to non-resident buyers?

Spanish banks typically offer non-residents financing of up to 60–70% of the property value. You should have approximately 40% of the total cost available in cash.

Does Vicox Legal also advise on wealth structuring after the purchase?

Yes. We advise across Spain, Portugal, Luxembourg and Switzerland within a single engagement, covering holdings, SOPARFI structures and international family office setups.

Taxation - Vicox Legal

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🌍 International Tax Comparison: Spain, Dubai and Italy

Fiscalidad, Legal, Sin categoría, Uncategorized / Admin

Relocating for Tax Efficiency: A Comparison of Spain, Dubai and Italy For high-income professionals, entrepreneurs, and digital nomads, relocating abroad can bring significant tax advantages. Among the most attractive destinations for favourable tax treatment are Spain, Dubai and Italy. Each offers distinct incentives and fiscal regimes for foreign residents. In this article, we explore the […]

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Taxation of Investments for Spanish Tax Residents: What You Need to Know in 2025

Taxation, Legal, Residency / Admin

Spain continues to attract international investors, remote professionals, and individuals seeking a high quality of life. However, becoming a tax resident also means taking on new fiscal obligations — particularly with regard to your worldwide investments. This guide explains how investment income is taxed in Spain for fiscal residents and outlines key strategies to optimise

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Treasury will have to return the fines for the Model 720

Cryptocurrencies, Taxation / Admin

The Supreme Court has begun to apply the doctrine established in January by the Court of Justice of the European Union (CJEU) on the declaration of assets abroad through the Model 720, and has urged the Treasury to return fines imposed for this concept. In a ruling dated June 20, 2007

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Income tax return including transactions with cryptocurrencies

Cryptocurrencies, Taxation / Guillermo Ayuso

The popularization of cryptoassets has caused the Treasury experts to put the magnifying glass on these digital assets. The commission of experts for the tax reform convened by the Minister of Finance, María Jesús Montero, is looking for ways to bring to the surface some profits that escape the tax authorities, as well as redesigning the taxes for

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Legal services in the metaverse through NFTs

Blockchain, Cryptocurrencies, Taxation, NFT / Admin

At Vicox, as a law firm specializing in Blockchain technology and Cryptoassets, we offer legal services in the metaverse through NFTs. We announce an early sale of tax advisory and annuity processing services for our clients. All of this will be done through the offering of NFTs that will allow their holders the.

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Foreign cryptocurrency declaration (Form 720)

Cryptocurrencies, Taxation / Andres Millan

Since the Government in Spain rushed the entry of the 720 model in the declaration of assets and rights abroad, the crypto community has been demanding, and rightly so, a review of the feasibility and even the legality of this procedure that restricts the financial freedom of taxpayers. This has already

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vicox blockpit cryptocurrency tax solutions

The new tax regulation of cryptocurrencies in Spain

Taxation, Anti-Tax Fraud Act / Claudia Marchionni

Learn about the new requirements and taxation for cryptoassets in 2021 Cryptocurrencies are, without a doubt, the most important financial novelty of the last century, which explains why they are so popular right now. Both companies and individuals have incorporated the use of cryptoassets due to their potential to reserve and transmit

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Blockpit + VicoX Cooperation announcement

Collaboration agreement, Taxation / Claudia Marchionni

Master your crypto taxes in Spain with Blockpit and VicoX Blockpit and VicoX Legal are partnering to offer taxpayers in Spain the most complete solution when it comes to understanding, processing and handling all their cryptocurrency transaction data for tax purposes. Users will benefit from the expertise

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THE DAO AND ITS LEGAL IMPLICATIONS

Cryptocurrencies, Taxation, Legal / Admin

DAO stands for Decentralized Autonomous Organization. It is an innovative organizational tool that bases its control on a Smart Contract, which determines the rules and guidelines that will serve as principles for all DAO participants. It is for this reason that

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Tokenomics, the token economy

Cryptocurrencies, Taxation, Legal / Admin

Tokenomics, a term that combines the words token and economy. Token, monetary unit or token that is linked to blockchain technology; and economy, branch of social sciences that studies the needs, generation and administration of wealth. Before explaining what this economy consists of, let's define what a token is and which tokens it is.

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Taxation