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Am I liable for Inheritance or gift taxes?

Yes, you are. Generally, foreign people will only pay inheritance tax on the assets left in Spain. Be aware, however, that the estate value may also have to be included in deceased person’s estate in their home country, with any tax paid in Spain reducing that...

What inheritance Tax planning should I be considering?

There are several ways in which tax can be mitigated by tax planning. As circumstances vary, it would be prudent to seek the advice of our firm. In the case of a husband and wife, they may be able to take advantage of the 95% deduction applicable to the principle...

When I sell what are the Capital Gains Tax implications?

Fiscal residents over 65 years of age and who have lived in the property for more than 3 years are not subject at all to capital gains tax when they sell the property. Residents and non-residents, including those over 65 years of age, living in the property for less...