Antes de Mudarte a España, Necesitas Saber Esto de Impuestos

Moving to Spain involves more than just obtaining a residence permit. You also need to understand when you become a tax resident, how taxes work, and what the Tax Agency expects from you from the moment you start living in the country. Many people arrive in Spain unaware that legal residency and tax residency are different concepts. They also don't understand why their net salary is lower than expected, when they need to file their income tax return, or what happens to their savings, property, and income held abroad. In this video, we explain the main rules of the Spanish tax system so you can organize your finances, avoid mistakes, and comply with your obligations from day one. We analyze in detail: The difference between legal residence and tax residence How the 183-day rule works What it means to be taxed on your worldwide income What happens to income, rent, dividends, or investments in other countries The difference between gross salary and net salary How Social Security contributions work What personal income tax withholding is What Form 145 is for How 12 or 14 monthly payments work in Spain When you must file your Income Tax Return The difference between a refund and a tax due What happens if you have one or more employers What Form 720 is and when it may be mandatory How double taxation treaties work If you are thinking of moving to Spain or already reside in the country and need to understand how the tax system affects your income or assets, at Balcells Group we can help you analyze your situation. Book your consultation with our tax and immigration team here: 👉 https://live.vcita.com/site/7r2ags5gr... Use the code MIGRAR10 and get a 10% discount on your next consultation. You can also contact us at: [email protected] Follow us on social media for more information on living legally and complying with your tax obligations in Spain: Instagram: @balcellsgroup_es TikTok: @balcellsgroup Subscribe to our channel to follow our series “Moving to Spain Without Making Mistakes” and learn about the immigration, administrative, and tax procedures you should be aware of before and after your arrival. 00:00 - Introduction: Taxes When Moving to Spain 00:34 - Legal Residency vs. Tax Residency 00:51 - How is tax residency determined? (The 183-day rule) 01:26 - Implications of being a tax resident (Taxation on worldwide income) 01:59 - Understanding your first payslip: Gross vs. net salary 02:27 - Social Security contributions and their benefits 02:51 - How does personal income tax withholding work? 03:10 - What is Form 145 and what is it for? 03:25 - The most common financial mistake when starting a job mid-year 03:56 - The 14-month salary system in Spain 04:14 - How does the Income Tax Return work? (Refund or payment due) 04:52 - Who is required to file a tax return with only one employer? 05:04 - Obligation to declare if you have multiple employers 05:45 - Form 720: Declaration of assets abroad 06:16 - Double taxation treaties (Do you pay twice?) 06:40 - Specialized tax advice with Balcells Group