Your Guide to Spanish Inheritance tax

A Guide to Spanish Inheritance tax,

IMPORTANT ANNOUNCEMENT

You may be aware of this already, but it’s something many people who own property in Spain don’t know.

It’s about the taxes payable when an owner of property in Spain passes away.

If you have ever wondered about the details of inheritance tax, it’s simply this:

Your hard earned legacy may have to be sold off to pay crippling tax bills when you pass away?

Spanish Inheritance tax, death duties , legal fees - up to 40% .

So, right now, can you be absolutely sure that those you leave behind will have the money to cover those costs?

Of course we would all prefer our children and grandchildren to enjoy the property we’ve worked so hard to own, and not be forced to sell it to cover onerous tax demands.

Equally as worrying, did you know that in the UK system of IHT, a husband or wife is usually an exempt beneficiary?

But in the Spanish system...

Your husband or wife will not be exempt from Spanish Inheritance Tax.

It's a sobering thought, isn't it?

For a Fuller explanation
http://www.spain-info.co.uk/Spanish-Inheritance-Tax.htm

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A SPANISH LIFE - UPDATE

A SPANISH LIFE - UPDATE
Did You Know! that: we are operating 117 community websites in most major towns all over Spain and 3 other countries, (England, Florida, Caribbean and soon Ireland. We are the fastest growing websites, now ranking 257,652 in the world, with 49,228 visitors in the last 30 days FACT!!
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Andalucia

DID YOU KNOW

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Andalucia

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At last , a new generation of internet is available whether you are tired of slow speeds or are living in the Campo and do not have a line , we can help.
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