Wealth Tax

property tax in Ibiza

Reduction in Ibiza Wealth Tax

Great Ibiza news for 2024 ! The Balearic Islands Parliament has recently ratified an amendment to the 2024 budget that brings about a noteworthy shift in the dynamics of Wealth Tax regulations within the region.The pivotal adjustment involves elevating the minimum exemption threshold for this tax from €700,000 to a substantial €3,000,000. This modification directly benefits investors holding assets...

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