Spain Explained

A guide for foreigners on every aspect of safe property ownership in Spain

Posts filtered by Donation

There are no longer seven, now there are eleven reasons why a donation is really interesting in the Valencian Community (And another advantage in ISD for inheritances).

Donation in Spain

As you might already know from our previous publications, we can finally speak of a major modification to the inheritance and gift tax which implies an unquestionable improvement for the taxpayers of this tax and which undoubtedly favours and encourages donations in the Valencian Community, thanks to the transcendental and correct decisions of this autonomous […]

Releasing the capital on your house in Spain

The permanent home, for most people, is the largest capital asset that they own. When income is limited, perhaps due to a static pension and increasing expenses, people can turn to ‘equity release’ and opt to sell their property whilst still having the option of living there. What are the pros and cons of freeing […]

Extension of donation tax reductions

Donation in Spain

When thinking ahead to what will happen to your property in the future you might have considered donating it to your family and those you care about rather than passing it on through inheritance. There are a number of advantages to taking this route and we have supported many people who chose to manage the […]

It’s time to donate

Donation in Spain

In the near future it is expected that the Spanish Government will introduce a ‘fiscal harmonisation’ policy. The purpose of this policy is to eliminate the different practices between regions. However, it could mean that there will be an increase in inheritance and donation tax for some people. Currently, inheritance and donation tax legislation has […]

Donate in Spain now and reduce tax

Donate in Spain

There are inheritance and donation tax changes on the horizon that could mean that some of the benefits that people are currently enjoying might disappear or at least be reduced. What action can you take to preserve your assets for those you love? As you may know, the different regions of Spain have relative autonomy […]

To Option to Donate in Spain

When thinking in having things tied up for the future of your love ones, most people make a will to prepare the inheritance for when they die. They want to ensure that they help the people they love by bequeathing their assets to them. However, the inheritance process in Spain is not the same as […]