Wealth Tax “Impuesto sobre Patrimonio” is levied by the regional government on all assets including cash deposits, company stocks and shares, cars, jewellery, villas and flats which has to be paid (on a sliding scale ) by:
All non-residents on assets in Spain
Payable on all assets world-wide by all residents including pensioners and those who have been assessed as partially but absolutely incapacitated paying income tax (IRPF or Impuesto sobre la Renta de las Personas Fisicas) whose gross world-wide income (including property) is above a certain limit per annum or the unemployed whose income is above a certain limit. These limits are set in each annual state budget.
Spaniards, workers, the non-employed paying income tax who declare the “patrimonio” with their IRPF (or income tax) on all assets world-wide
Whilst great care has been taken to maintain a high standard of accurate and reliable information Viva Almeria cannot accept liability for any errors or omission. Information supplied by FreshStart Advice Centre.