Income, assets, investments, and pensions
Helps you plan the Spanish tax treatment of income, assets and pensions.
Understand how Spain taxes what you earn and own: employment income, investments, property income, pensions, wealth and foreign-asset reporting, and how to time disposals around arrival.
- topics
- 9
- articles
- 58
- of reading
- 5.9 hours
Begin with
Investment income and capital gains
You will know how your portfolio is taxed in Spain and which choices change the result.
How Spain taxes interest and dividends (savings income) · Foreign dividends: Spanish tax plus tax already withheld abroad · How capital gains on shares and funds are calculated in Spain
More in income, assets, investments, and pensions
8 more topics in this section, about 5.9 hours of reading in all.
Income tax map and treaties
You will see where each of your income streams and assets lands in Spanish tax and how to avoid paying twice.
How Spain taxes each type of income you have · Avoiding double tax with treaties and foreign tax credits · Records to keep for foreign income, gains and tax paid
Salary, benefits and equity
You will know what tax applies to your pay and how to avoid surprises from foreign payroll or share awards.
How payroll withholding (retención) works on your Spanish salary · Paid by a foreign employer while living in Spain · Which company benefits are tax-free in Spain and which count as pay
Crypto tax and reporting
You will know which crypto events Spain taxes and what you must report and prove.
Selling, swapping and spending crypto: what Spain counts as taxable · Staking, DeFi, airdrops and mining income in Spain · Reporting crypto held abroad (Modelo 721) and what exchanges tell Hacienda
Rental income tax
You will know how rent from any property is taxed once you live in Spain.
Taxing rent from a Spanish property when you live in Spain · Taxing rent from a home abroad when you live in Spain · Tax on a second home you don't rent (renta imputada)
Pensions and retirement accounts
You will know who taxes your pension, how withdrawals are treated and what to decide before you become resident.
How foreign private and workplace pensions are taxed in Spain · Lump sum or regular income: how Spain taxes pension withdrawals · UK State Pension, US Social Security and other state pensions in Spain
Wealth and solidarity tax
You will know whether you owe wealth tax, how much and how to file.
Spanish wealth tax (Impuesto sobre el Patrimonio) for residents · The solidarity tax on large fortunes (Impuesto de Solidaridad) · Regional wealth tax allowances and what locks in your region
Reporting foreign assets (Modelo 720)
You will know whether you must declare foreign assets, how to value them and what to do if you missed a year.
Who must declare foreign assets (Modelo 720) and when · Valuing foreign accounts, shares and property for the declaration · Missed a foreign asset declaration? Late filing and penalties
Timing before you arrive
You will know what to sell, move or restructure before you arrive and what the calendar-year rule means.
Should you sell investments before you move? The calendar-year rule · Income and gains in the year you arrive · Restructuring investments and accounts before becoming resident
Other sections in Money and taxes
First-year budget and cash runway
Helps you know how much cash the first year in Spain needs.
Tax residency and filing
Helps you know when you are tax resident and file correctly.
Banking, payments, and credit
Helps you open accounts, move money and access credit in Spain.
Social security and benefits
Helps you understand social security contributions and claim benefits.
Need certainty before you act?
For important relocation decisions, speak with a qualified human specialist.
Always verify important information with the relevant official authority or a qualified adviser before acting. This website uses large language models together with various public data sources, official government documents and other established sources. Due to the amount of data on this website, some information might be wrong. Information may also be incomplete or outdated.