Spanish Inheritance Tax: Advantages of Making a Will in Spain
I'm a bit confused. As a non-resident intending to buy a property in Andalucia I thought my inheritance tax problems were gone as I could bequeath my 50% share to my two children, who are both non resident and over 21 up to a total property value of 750,000 euros. However later discussion seems to indicate that only residents obtain the benefits of having a taxable base below 175000 euros. Can you please clarify this?
Spanish Inheritance Tax: Advantages of Making a Will in Spain
My husband and I are resident in Murcia and have made a Spanish will bequeathing our resoective 50% to each other and then our 3 children who are over 21 and living in the UAE and UK. Do the same rules regarding IHT in Andalucia apply in Murcia?
Spanish Inheritance Tax: Advantages of Making a Will in Spain
My parents have been residents of Lanzererote for 20 years. They own a property worth 1 million euros with no mortgage they have a Spanish will and an English will for a small amount of savings. There are 3 children what is the best way to save IHT. We can transfer to the children now if it would help they are all living in the UK.
Spanish Inheritance Tax: Advantages of Making a Will in Spain
my partner passed away recently and we only have an english will covering our spanish property. We are non;residents but are padron. Our property is in valencia region and worth £175000 euros. I am liable to pay IHT on my half?
Spanish Inheritance Tax: Advantages of Making a Will in Spain
My daughter is a Spanish Resident living in Madrid.
She will inherit money when her Grandfather dies - will she need to declare this money and pay IHT?
Regards
Roy
Spanish Inheritance Tax: Advantages of Making a Will in Spain
Looking for advice, my in laws own a property near malaga no mortgage worth approx 170000 euros. My mother in law recently died they have no spanish will what would he be expected to pay in tax etc what is best way to proceed?