Laws governing inheritance tax in Spain are much more complicated than those in other countries. In addition, they are potentially far more punitive.
So let us help you. This guide explains Spanish inheritance tax rules applicable to the whole country. As a result, regional variations exist. So contact us for a free consultation.
As a consequence of the varying tax laws in Spain, inheritance taxes can be particularly puzzling. Furthermore, regional taxes will only apply to habitual residents (ie. residents in Spain for at least five years), while national law apply to non-residents. In addition, some regions have more favourable conditions., so it’s important to speak to a local lawyer.
So if you own a property in Spain, this can ultimately affect you. Therefore, it is advisable to seek qualified professional advice in order to make the best arrangements for you and your family. Similarly, Inheritance tax in Spain is most likely very different to your country of origin. As a result many come to us with with confused about the Spanish inheritance tax system. So, let us help you with the basics…