Spain Explained

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

Posts filtered by spanish donation tax

Positive trends for inheritance and donation tax

Residents and non-residents inheriting or donating property in Spain used to be treated differently when it came to tax. However, following pressure from the European Commission, a modified law was passed on 28th November 2014. This brought to an end the tax discrimination there had been against non-residents living in the European Union with property […]

Have you thought about giving it away?

Making sure your loved ones benefit from your hard-earned money is a priority for the majority. You can’t take it with you but it’s nice to have control over who you’re leaving it to. For some, ‘gifting’ their property seems like the best option, particularly now when you can benefit from certain tax advantages in […]

Brexit implications for donation and inheritance

As speculation continues into the implications of severing ties with Europe, there are some emerging realities that we should already be contemplating. The impact on donation and inheritance tax in Spain is one. There are many imponderables when it comes to considering what the implications of being out of the EU will mean for British […]

Changes to donation tax in Spain

Some people make a choice that they would rather donate their property in Spain to family or friends rather than pass it on as inheritance when they die. Taking this decision needs careful consideration. However, if it is your preference then it can be done for property in Spain through making a ‘Donación de bienes’; […]