Buying Property in Spain After Brexit: Essential Guide for British Citizens in 2024 | Buying Spanish Property Post Brexit Tips

Since the United Kingdom's exit from the European Union, British citizens have experienced significant changes in the regulations surrounding buying property in Spain after Brexit. New legal and fiscal challenges have emerged that these citizens must address to ensure a smooth transition to owning their new homes abroad. In this article, we will delve into these changes, addressing topics such as residence permits, visa applications, temporary residence, tax residency in Spain, and non-lucrative residence. Through a comprehensive analysis, we provide an integral view of the post-Brexit implications for Britons who wish to acquire properties in Spain.
Changes in Residence Permits and Visa Requirements
Residence Permits
As a result of Brexit, from January 1, 2021, British citizens must obtain a residence permit to legally reside in Spain. Those who were already residing in Spain before this date retain the right to live and work in the country, provided they properly register their status. For new residents, this means meeting additional requirements, which include obtaining an appropriate visa for their particular situation.
Temporary Residence and Non-Lucrative Residence
For those planning a stay in Spain longer than 90 days, it is necessary to apply for a temporary residence visa. A very popular option among Britons is non-lucrative residence, which allows living in the country without the need to work. To obtain this type of visa, it is crucial to demonstrate sufficient income to support oneself independently in Spain. This visa is essential for stays exceeding 90 days within a period of 180 days.
Visa Application Process
The visa application process for British citizens post-Brexit can be complex and stringent. Generally, this process involves presenting various documents, such as proof of medical insurance, proof of economic means, and in some cases, a criminal record certificate. It is vital to prepare all necessary documents in advance to avoid unnecessary delays and ensure efficient visa processing.
From Tourism to Residence
Although a visa is not required for tourist stays in Spain of up to 90 days within a 180-day period, any stay longer than this time requires additional permits. This is essential for those British citizens who wish to transform a tourist visit into a more permanent residence, which demands meticulous planning and obtaining the proper permits according to the current regulations.
Special Considerations for Retirees
Retired British citizens represent a significant group seeking residence in Spain after Brexit. Non-lucrative residence is an attractive option for this group, but they must prepare thorough documentation demonstrating their self-sufficiency through pensions or other stable sources of income. Financial planning and professional advice are crucial for these retirees.
Tax Implications for Property Ownership in Spain

Tax Residency in Spain
The status of tax residency in Spain is a critical consideration with far-reaching implications for British citizens. Individuals who spend more than 183 days in Spain in a calendar year are considered tax residents and are subject to taxation on their global income according to Spanish tax laws. It is essential to comply with the provisions of the double taxation agreement between Spain and the United Kingdom to avoid double taxation and maximize tax benefits.
Changes in Non-Resident Taxation
For British citizens who are not tax residents in Spain, the tax rules have changed considerably. Before Brexit, the taxation on rental property income was 19% on net income. However, post-Brexit, this rate has increased to 24% on gross income and no longer allows deductions for property-related expenses, significantly increasing the tax burden for British property owners.
Importance of Tax Planning
With post-Brexit tax changes, the importance of proper planning cannot be underestimated. Working with tax experts can help Britons structure their finances efficiently to minimize their tax burden and ensure regulatory compliance while benefiting from all available tax exemptions and reductions.
Compliance with Regulations and Customs Requirements
In addition to changes in residence permits and tax issues, British citizens must comply with new customs regulations when bringing goods into Spain. For example, items valued over 430 euros or cash exceeding 10,000 euros must be declared upon entry into the country.
Planning and Advisory Recommendations
Given the complexity of the new post-Brexit tax and legal requirements, it is highly recommended that British citizens seek professional advice when buying Spanish property post-Brexit and establishing residence in Spain. The new rules may seem daunting, but with proper planning and accurate advice, these challenges can be effectively managed, allowing for a smooth and seamless transition.
Importance of Medical Insurance
One of the key requirements for obtaining a residence permit in Spain is having adequate medical insurance that covers all health needs without relying on the Spanish public healthcare system. Policies must be comprehensive and provide wide coverage to cover any medical contingency, ensuring that British citizens have access to quality healthcare.
Conclusions and Future Research
In summary, buying property in Spain after Brexit presents a series of new challenges and complications for British citizens. From the need to obtain residence permits and the visa application process to changes in tax rules related to residence in Spain and temporary residence, it is crucial to be well-informed and prepared for these scenarios. Having a clear understanding of the specific requirements and current regulations will significantly help in ensuring a smooth transition to life in Spain.
For future research, it would be valuable to delve deeper into how these changes affect different profiles of British citizens, such as retirees, entrepreneurs, and workers. Additionally, exploring the best strategies to ensure regulatory compliance and tax optimization can offer practical and useful guides for those planning their new lives in Spain post-Brexit.
For more information and professional advice, you can contact us at Veiranda at +34 611 881 055.
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"Since the United Kingdom's exit from the European Union, British citizens have experienced significant changes in the regulations governing property purchase and residence in Spain."