4% IVA on new build The 4% IVA on the purchase of a new build property will be valid until the 31th of December 2012. After that it will raise to 10% of IVA on all new build.

As you will know, for all foreign home-owners in Spain it is compulsory to pay yearly Non resident taxes. The non resident taxes over the year 2011 are paid in 2012. As always we start calculating your non resident taxes from the month of September. Soon we will contact you with the amount of taxes…