Spain Wealth Tax Calculator for Residents
Estimate your Spanish Wealth Tax (Impuesto de Patrimonio) as a tax resident. Rules vary significantly by autonomous community — select yours to get the correct calculation.
How to calculate your Wealth Tax as a resident in Spain
As a tax resident, the rules of your autonomous community of residence apply — you cannot choose the state rate.
Results are indicative estimates only and do not constitute tax advice. Your actual liability may differ depending on your specific circumstances.
Your estimate
This estimate is for guidance only and does not constitute tax advice. As a tax resident, you must apply the rules of your autonomous community of residence — unlike non-residents, you cannot choose the state rate. Regional legislation changes frequently. Your actual liability may differ depending on your specific circumstances.
Wealth Tax in Spain for residents: how it works
Spanish Wealth Tax (Impuesto de Patrimonio) applies to tax residents on the net value of their worldwide assets. Unlike non-residents — who are only taxed on Spanish-situs assets — residents must declare and pay tax on everything they own globally: Spanish and foreign property, overseas bank accounts, investments held abroad, and other assets wherever situated.
Why your autonomous community matters
As a tax resident, you must apply the rules of the autonomous community where you are resident — you cannot choose the state rate. This makes your region of residence one of the most significant factors in your Wealth Tax position. Madrid and Andalucía apply a 100% rebate, making the effective tax zero for most taxpayers. Valencia, Cataluña and Extremadura apply lower exemption thresholds and higher rates, which can result in a materially different liability for the same level of wealth.
The main residence exemption
The habitual residence (vivienda habitual) is exempt up to €300,000 per taxpayer. This exemption applies before the regional threshold, so a resident with a €500,000 home and €200,000 in other assets would have a net taxable base of €400,000 after the residence deduction. This calculator does not apply the residence exemption automatically — enter your net taxable base after deducting it if applicable.
The Solidarity Tax on Large Fortunes (IGF)
Introduced as a national floor, the IGF applies to net wealth above €3,000,000 and ensures that residents in zero-Wealth-Tax regions still contribute at the national level. In practice, Wealth Tax paid is creditable against the IGF so most taxpayers do not pay both. For residents of Madrid or Andalucía with large patrimonies, the IGF may be the primary liability.
Wealth Tax and the decision to relocate to Spain
For individuals planning to move to Spain, the choice of autonomous community can have a significant impact on annual Wealth Tax liability. If you are considering relocating and want to understand your overall tax position — including Wealth Tax, IRPF, and whether the Beckham Law regime applies to you — a pre-move consultation is the most effective way to plan correctly.