Modification of the Canary Islands Investment Reserve (RIC)
Effective for tax periods beginning on or after January 1, 2025, the Canary Islands Investment Reserve is amended to allow for investments in assets related to residential rental activities in the Canary Islands.
- Main tax changes introduced by Law 6/2025, of July 28, amending Law 19/1994, of July 6, amending the economic and tax regime of the Canary Islands, for the regulation of investments in assets related to the rental of housing in the Canary Islands(184 KB - pdf)
- Ley 6/2025, de 28 de julio,
de modificación de la Ley 19/1994, de 6 de julio, de modificación del Régimen Económico y Fiscal de Canarias, para la regulación de las inversiones en elementos patrimoniales afectos a la actividad de arrendamiento de vivienda en las Islas Canarias.