Can you please help with the following:
Non married retired British couple in their 50's. Jointly own and live in Spanish property valued at 150000 euros. Spanish will in place leaving property to surviving partner.
Not currently taken Spanish residency. Does this have to be taken?
Are there any tax benefits etc to Spanish residency?
One dies the other pays tax on 75000 euros.
What is the % payable on this figure?
What would the difference be if they were married?
Sorry, I know i'm asking a lot but advise would be greatly appreciated. Thanks