Tax obligations for US citizens living in Spain — the 183-day rule, Spanish tax residency, worldwide income reporting, the Beckham Law and planning considerations on both sides of the Atlantic.
There's an upcoming reduction in the ITP tax in the Valencian Community coming on June 1, 2026. The Valencian regional government has passed a landmark reform that will reduce the Property Transfer Tax (ITP) for second-hand property purchases. The Stamp Duty (AJD), applicable on new build purchases will also reduce slightly, from 1.5% to 1.4% on June 1 as well.
If you’re planning a trip of an type to the EU and Schengen Area, ETIAS — the European Travel Information and Authorization System is coming this year and you need to be ready.
The good news is that Spain is not introducing a sweeping nationwide overhaul of income tax rates in 2026. According to the Agencia Tributaria, the core tax rate structure and module reductions applicable to IRPF and VAT continue into 2026 from 2025 under the published 2026 tax orders.