Real estate crowdfunding in Spain: what is the tax situation for French tax residents?

Raizers offers you the opportunity to invest in real estate crowdfunding projects in Spain, where the dynamic real estate market.

Before investing, it's essential to understand the tax implications of these investments. As a French tax resident, your earnings (interest income) will be taxed in France, but may also be subject to withholding tax in Spain. Fortunately, the tax treaty between France and Spain makes it possible to avoid this double taxation; all you need to do is provide proof that you are a French resident. Let's take a closer look at how this tax system works and how to avoid double taxation.

1. How is property crowdfunding income taxed in Spain?

When you invest in a project via a real estate crowdfunding platform, the interest you receive is subject to tax deductions. . As a French tax resident investing in a Spanish project, interest is subject to :

• A 19% withholding tax by the Spanish tax authorities if the issuing company is Spanish.
• Withholding by the French tax authorities, equivalent to 30% of the interest received if you are subject to the single-rate withholding tax (prélèvement forfaitaire unique or PFU) , with the following exceptions exceptions (tax-exempt or cross-border residents).

2. How to avoid double taxation

The tax treaty between France and Spain enables double taxation to be avoided. All you need to do is prove that you are resident in France.

A. For individuals

To do this, you'll need to have a tax residence certificate validated by the tax authorities. This is the form n°731 if you are investing as an individual. You'll need to fill it in and send it to the tax department via the secure messaging system on the impôts.gouv.fr which will return the signed document to you, for onward transmission to Raizers.

This document must be renewed every year for as long as you have investments in Spanish operations.

You can retrieve this pre-filled certificate at a later date from the My Taxation page in your personal space, along with detailed instructions.

Once these steps have been taken, you will automatically be exempt from Spanish withholding tax, and will be subject only to your usual French tax regime.

B. For companies

The tax residence certificate for legal entities (French form n°730-FR-ES) can be accessed directly from the legal entity's tax account:

• Go to your impots.gouv.fr
• Go to "Tax Account
• Go to "Attestation Fiscale
• You will then need to fill in the following information:
  • Language preference: SPANISH
  • Year of income: 2025
  • State party to the tax treaty: Spain
  • Type of income: check "Interest
  • All other fields must be left blank.
• As soon as you receive the certificate, send it by email to [email protected].

Once this certificate has been obtained and sent to Raizers, your income from this investment will not be taxed at source in Spain.

This document must be renewed every year for as long as you have investments in Spanish operations.

If you need more information, you can find a detailed process on the following link.