Last week the Canary Islands Government has modified the inheritance and gift tax allowances that are applicable in the Canary Islands: a 99.9% inheritance tax allowance is now generally applicable to Group II (children and adopted children of 21 years … Continuado
If you gift Spanish property to your children then there are various things that one needs to think about. What tax you will pay tends to be at the top of one´s list. As a Spanish non tax resident, regardless of … Continuado
We are often asked by British citizens coming to Spain to buy property – Where do I pay my tax? The double taxation relief treaty between Spain and the UK is not an EU agreement and at least initially, will … Continuado
This is an area that will remain unchanged post Brexit. The law that will govern succession and who will receive your assets on death will not change. The application of your law of nationality has been recognized and formalized in … Continuado
In Spain there are many autonomous regions and inheritance tax allowances are different depending on the region where the inheritance assets are situated or where the inheritor is fiscally resident. If the inheritor is resident in the Canary Islands or … Continuado
Tenerife è sempre stato uno dei posti più attraenti in Europa per acquistare immobili, con un clima meraviglioso, un’alta qualità di vita e spiagge. Ora ha anche uno dei più favorevoli regimi fiscali di successione per coniugi, figli e famiglie. … Continuado
More – inheritance tax allowances At the start of 2018 the region had massively increased the inheritance tax allowance for a spouse, child, parent or grandchild of a deceased person to 1,000,000€ per beneficiary. This means someone with a spouse … Continuado
Det har nyligen rapporterats att en av de största plattformarna för bokning av semesterboenden – Airbnb – kommer inte att tillåta marknadsföring av din spanska bostad om du inte har ett tillstånd från Junta de Andalucia – Viviendas con Fines … Continuado
Andalucia has always been one of the most attractive places in Europe to buy property, with a wonderful climate, culture and beaches. Now it also has one of the most favourable inheritance tax regimes for spouses, children and families. At … Continuado
As a result of recent inheritance tax changes Andalucia is now one of the most attractive places in Europe to buy property. Not only due to its wonderful climate, culture and beaches but also to a very favourable inheritance tax … Continuado
There have been a lot of harbingers of doom about Brexit and British citizens buying property and moving to Spain. However, on re-reading the Joint Report of the UK Government and the European commission of 8th December 2017 it is … Continuado
All property owners in Spain have to pay local taxes – Impuesto de bienes inmueble – IBI – to their local Town Hall. These taxes or local rates are revised from time to time. They are based on the catastral … Continuado
