Spain Explained

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

Posts filtered by Spanish inheritance law

Inheritance tax in Spain: The complete guide

inheritance-tax-in-spain

One of the main concerns people have is the impact that having to pay inheritance tax might have on those they leave behind. How is inheritance tax applied in Spain? Inheritance tax is applied very differently in Spain to many other countries. To begin with, all beneficiaries must declare it, even the husband or wife […]

Understanding Spanish inheritance law

Spanish inheritance law is different from other European nations, so it’s important you understand the nuances when putting your affairs in order.  It might not be the most cheerful subject, but it is important that you make sure that you understand Spanish law when you’re writing your will. Taking action now can ensure that your […]

Make your inheritance plans and take control

If you have property in Spain you will want to have arrangements in place so that everything goes smoothly when you die. It’s a difficult subject, but failing to look ahead can leave your inheritors with unexpected inheritance tax bills. Nobody is really prepared for a bereavement but unfortunately all legalities need to be completed […]

Don’t let your inheritors get caught out

When a loved one dies that last thing you want is to struggle settling inheritance issues. Unfortunately, in Spain, the differences in procedures and laws can mean that inheritors have difficulty in managing the inheritance process. One of the surprises that foreigners with property here encounter is when it comes to selling the property. Unlike […]

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 […]

Putting your Spanish will in order

Different countries have different rules about inheritance. For example, Spanish succession law requires that when someone dies two-thirds of the total inheritance must go to the children. They are the ‘legal beneficiaries’. This then only leaves one third of the estate to be disposed of according to the deceased’s wishes. In the UK and Ireland […]

Avoiding double inheritance in Spain

Spanish inheritance often catches people unawares. Partly because it’s still something we’re uncomfortable in discussing and also because it can be quite complicated in Spain.  The rules are different, particularly in relation to Spanish inheritance tax and it often takes people by surprise that there is no automatic transfer of property and belongings between spouses. […]

Inheriting assets in Spain

The main item that any inheritor is likely to inherit is property. Spanish property is probably the biggest factor in the majority of Spanish inheritance cases. However, there might be other items to be received by heirs too. Other significant assets might exist such as cars and boats and money might have been left in […]

Making the inheritance process cheaper and easier for your heirs

We all want to preserve as much as we can for our heirs and avoid leaving them with difficult issues to address. In this article we consider how you can pave the way for the family you leave behind. Legal ways to reduce inheritance tax in Spain It is understandable if people want to make […]

Making a Spanish will

We recommend to all our clients that at some point they make a will in Spain. It is true that a will made in your home country can cover all your world wide belongings, including any you have in Spain. However, if you don’t have a Spanish will it means that an official translator, the […]

Spanish inheritance – every case is different

Spanish inheritance is a recurring worry for both residents and non-residents holding property in Spain. It is a different system and inheritance tax – only the concern of the rich in the UK – can be steep. We are often asked ‘How much inheritance tax do non-residents have to pay?’ It’s a difficult one to […]

National Law and Spanish wills

It’s easy to forget or not even realise that a country’s habits, laws and customs might not be the same as your own. You can quite easily expect things to work the same as they do in your own country. An example of this is the Spanish will and Spanish inheritance. Residents and non-residents in […]

How inheritance tax applies in Spain?

Inheritance tax applies in Spain In some countries, inheritance tax only applies when there is a very large estate. However, this is not the case in Spain. Spanish inheritance tax applies in the majority of cases and the amount of tax to pay varies enormously depending upon different factors. The relationship of inheritors to the […]