Buying in Spain as a non-resident: 2026 guide
Spain remains a benchmark destination for the international buyer. The process is entirely accessible, but a few steps are worth arranging before signing.
Foreigners may still buy freely; since 2025 it no longer grants residence.
The NIE, first of all
The Foreigner Identification Number (NIE) is essential: without it you cannot sign the deed before a notary or pay the taxes. Start it as early as possible, as it sets the pace of the whole transaction.
The end of the Golden Visa
Since 3 April 2025, buying a property no longer grants residence: the Golden Visa investment route through home purchase was abolished. Foreigners may still buy freely, but it no longer carries residence.
Taxes and obligations
On resale you pay transfer tax (ITP); on new-build, VAT plus stamp duty. As a non-resident, ownership is taxed under non-resident income tax (IRNR), and on a future sale the buyer will withhold 3% of the price. Non-residents with assets in Spain usually also need a fiscal representative.
Financing
Mortgages for non-residents exist, usually with more conservative financing (around 60–70% of value) and specific conditions depending on the country of origin.
The journey, step by step
NIE, opening a bank account, deposit or earnest-money contract, legal review of the property (charges, boundaries, registry status) and signing before a notary. We accompany the international buyer at every step, in Spanish, French and English, with complete discretion.
This article is informational and does not constitute tax or legal advice. Every transaction is different; consult a professional before deciding.