IRNR Tax Rates for Non-Residents

As a non-resident investor renting out property in Marbella, you're subject to the IRNR (Impuesto sobre la Renta de No Residentes). The flat tax rate is 24%, but reduced to 19% if you're tax resident in the EU. That difference boosts net rental yield for many foreign investors. :contentReference[oaicite:0]{index=0}

Inheritance & Wealth Tax Benefits in Andalusia

The Andalusian government abolished regional wealth tax entirely and offers a remarkable 99-100% exemption on inheritance and gifts for close relatives (spouse, children). It’s one of the most generous regimes in Spain. :contentReference[oaicite:1]{index=1}

Capital Gains & Long-Term Ownership

Spain applies progressive capital gains tax rates—from 19% up to 28%, depending on the gain amount. However, long-term holdings can benefit from reduced effective rates and capital loss carryforwards. :contentReference[oaicite:2]{index=2}

Double Taxation Agreements (DTAs)

Spain has DTAs with many countries, including the UK, USA, Germany, etc., ensuring you're not taxed twice on rental income or capital gains. Taxes paid in Spain can often be credited against obligations in your home country, simplifying your tax compliance. :contentReference[oaicite:3]{index=3}

Special Regimes: Beckham Law & Digital Nomad Visa

Beckham Law

This regime allows qualifying foreign workers (including some investors) to be taxed as non-residents for up to six years, paying a flat 24% on Spanish-source income and exempting foreign assets. :contentReference[oaicite:4]{index=4}

Digital Nomad Visa

Under this visa, digital nomads pay 24% on Spanish income up to €600,000; they’re exempt from wealth tax and form 720 filing. A very attractive option if your income is from abroad. :contentReference[oaicite:5]{index=5}

Smart Tax Strategies & Tips

• Hold property long-term to benefit from capital gains breaks and loss carryforwards.
• Structure rental income under IRNR and deduct allowable expenses to optimize taxable base. :contentReference[oaicite:6]{index=6}
• Use regional perks—such as wealth and inheritance tax exemptions in Andalusia—to plan estate transfers.
• Leverage DTAs to offset tax liabilities and reduce compliance complexity.
• Consider special tax regimes like Beckham Law or Digital Nomad Visa if eligible.

FAQs

Can I deduct expenses on rental income if I’m non-resident?

Yes—EU residents can deduct expenses like maintenance, mortgage interest, and community fees under IRNR; non-EU pay flat 24% with fewer deductions. :contentReference[oaicite:7]{index=7}

Is inheritance tax really eliminated in Andalusia?

Yes—Andalusia offers almost full exemption (up to 99-100%) for close relatives on inheritance and gifts, making estate planning highly efficient. :contentReference[oaicite:8]{index=8}

What’s the benefit of a DTA?

DTAs prevent being taxed twice on the same income or gain, improving net returns and simplifying filings both in Spain and your home country. :contentReference[oaicite:9]{index=9}

Conclusion

Real estate in Marbella offers more than lifestyle and capital appreciation—it comes with meaningful tax advantages: favorable IRNR rates, inheritance and wealth tax relief, capital gain benefits, and special regimes like Beckham Law or the Digital Nomad Visa. Pair these with DTAs and smart strategies to truly maximize your investment.