{"id":516152,"date":"2025-10-21T04:55:10","date_gmt":"2025-10-21T04:55:10","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/516152\/"},"modified":"2025-10-21T04:55:10","modified_gmt":"2025-10-21T04:55:10","slug":"we-would-like-to-buy-a-second-home-in-spain-what-are-the-tax-implications-the-irish-times","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/516152\/","title":{"rendered":"We would like to buy a second home in Spain. What are the tax implications? \u2013 The Irish Times"},"content":{"rendered":"

My husband and I retired about three years ago and have very much enjoyed visiting Spain during the last few winters. We have started to think that we might actually like to own our own small apartment and live there during the winter months and visit at other times. Are there any <\/b>tax<\/b><\/a> implications we should consider before exploring the option of purchasing a <\/b>second home<\/b><\/a> in another country?<\/b><\/p>\n

If you are buying a property<\/a> abroad, it is important to take legal\/tax<\/a> advice<\/a> in that country to understand the legal obligations and the tax obligations that may arise on the purchase\/future sale and any ongoing taxes on property held in that country.<\/p>\n

[\u00a0What can we do about noisy, heavy doors in our apartment building?Opens in new window<\/a>\u00a0]<\/p>\n

You will remain Irish tax-resident once you spend 183 days in Ireland each year, or 280 days over two tax years (current and the previous year).<\/p>\n

We recommend that you take advice to understand the tax treatment of the property on your death, and how best to deal with the assets through Irish and Spanish wills. Inheritance taxes will need to be considered in Ireland and Spain, and advice should therefore be sought to understand the future impact in both countries and any relief to be claimed.<\/p>\n

If you decide to rent out the property, any rental income earned from the property will be taxable in Ireland and we expect in Spain also, with relief provided through the double-taxation agreement between the two countries. Also, if you sell the property in the future, Irish and Spanish capital gains tax (CGT) may apply with relief provided through the double-taxation agreement.<\/p>\n

Professional tax advice is essential to ensure compliance in both countries, and to claim relief for double tax where applicable.<\/p>\n

Suzanne O\u2019Neill is a tax partner at RSM Ireland<\/a><\/p>\n

Do you have a query? Email propertyquestions@irishtimes.com<\/a><\/p>\n

This column is a readers\u2019 service. The content of the Property Clinic is provided for general information only. It is not intended as advice on which readers should rely. Professional or specialist advice should be obtained before people take or refrain from any action on the basis of the content. The Irish Times and it contributors will not be liable for any loss or damage arising from reliance on any content<\/p>\n","protected":false},"excerpt":{"rendered":"My husband and I retired about three years ago and have very much enjoyed visiting Spain during the…\n","protected":false},"author":2,"featured_media":516153,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5312],"tags":[4376,2000,299,3121,2516,168437,104,1200],"class_list":{"0":"post-516152","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-spain","8":"tag-advice","9":"tag-eu","10":"tag-europe","11":"tag-inheritance-tax","12":"tag-property","13":"tag-property-clinic","14":"tag-spain","15":"tag-tax"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115410379029685267","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/516152","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=516152"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/516152\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/516153"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=516152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=516152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=516152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}