Many UK citizens living in Spain under a non-lucrative visa (NLV) consider buying a property as a second home or permanent residence.
Guides for foreigners in Spain
Spain is one of the most popular destinations for foreigners buying property, whether as a second home, holiday residence or investment. However, many non-resident owners are unaware of a key tax obligation: the annual Non-Resident Income Tax (IRNR) return in Spain.
After Brexit, British citizens must follow the same procedure as any non-EU national to obtain residence in Spain. This means applying for a Spanish residence visa at the Spanish Consulate in the UK before entering Spain with the intention of living there.