- Spain taxes most gains as savings income: 19% to 28% on 2025 progressive bands.
- Residents are taxed on worldwide gains; non-residents on Spanish-situated assets.
- Selling your main home can be exempt if you reinvest in another main home, with extra relief for the over-65s.
- There is also a separate municipal land-value tax (plusvalía) on property sales.
- If the UK also taxes the gain, the UK-Spain treaty and double-tax relief stop you paying twice.
Estimate the tax
The savings-income bands
For 2025, Spain taxes savings income, which includes most capital gains, on these progressive bands:
- 19% up to €6,000
- 21% from €6,000 to €50,000
- 23% from €50,000 to €200,000
- 27% from €200,000 to €300,000
- 28% above €300,000
The bands are progressive, so a large gain is taxed in slices, not all at the top rate. The calculator above applies them for you.
Residents versus non-residents
If you are Spanish-resident, these savings-income bands apply to your worldwide gains. If you are non-resident, Spain taxes gains on Spanish-situated assets (typically Spanish property), historically at a flat rate for non-residents.
The year you move is the one to plan. Selling a UK asset before you become Spanish-resident, or after, can land the gain in a very different place. The timing, not just the amount, drives the bill.
Main-home and other reliefs
Several reliefs can reduce or remove the tax:
- Main-home reinvestment. A resident selling their main home can be exempt on the gain to the extent it is reinvested in another main home.
- Over-65s. Residents over 65 selling their main home are generally exempt, and there is a separate relief for reinvesting other gains into an annuity.
- Plusvalía. Property sales also attract a separate municipal tax on the increase in land value, which is calculated and paid locally on top of the national CGT.
Double tax with the UK
If you are still UK tax-resident when you sell, the UK may tax the same gain under its own CGT rules. The UK-Spain double-tax treaty decides which country has the primary right to tax, and double-tax relief means the tax paid in one country is credited against the other, so you are not taxed twice on the same gain.
Which country taxes first, and at what rate, depends on the asset and your residence in the year of sale. Modelling both sides together, which Take Home is built to do, is the only way to see the real net result.