Hello Linda,

Welcome to the belegal forum.

If your son is title holder in the property, the IHT will be less when the parents pass away, so we advise that this is done. As owner of a percentage of the property, he will be inheriting less and therefore paying less IHT. Once he is co-owner of the property, he will be subject to pay the IRNR, that is, the Non Resident Property Income Tax and one other local (council) tax, the IBI. Additionally and finally, the waste collection levy is also payable although this is a negligible amount.

Spain has a double taxation agreement with UK where taxes on Spanish property are always paid in Spain.

Best Regards,