Wealth Tax in Spain for Non-Resident Owners: The €700,000 Allowance and the Valencian Community’s New €1,000,000 Minimum
Spain levies an annual wealth tax that also reaches non-resident owners. How the property is valued, why the €700,000 allowance applies per person, and what the Valencian Community’s new €1,000,000 minimum means for Costa Blanca owners.