How is your property registered in Catastro office? The General Directorate of Cadastre activated an extraordinary regularization process to locate properties whose owners (individuals or companies) are not taxed for them or do so incompletely. It is what is called the “cadastral amnesty”, which is a process very similar to
Horizontal Division in Urbanizations means that the land where the different houses from the urbanization are placed belongs to all the owners “in common”. This Horizontal Division is a way used in urbanizations and buildings where the different owners own the 100 % from their houses and “in community” the
The Usufruct in Spain: A Legal Strategy to Reduce Inheritance Tax When purchasing real estate in Spain, it is often advisable to explore different financial and legal strategies to minimize future tax obligations. Many clients seek guidance on how to reduce or avoid Spanish inheritance tax. One of the most
A 2021 study by the Institute of Economic Studies (IEE) estimated that between 20% and 30% of the declarations of non-residents in Spain could contain errors. In 2022 Civitas Foundation report noted that fines on non-residents for tax non-compliance had increased considerably in recent years. Announcements from the Tax Agency:
Termination of Co-Ownership in Spain: Extinction of Condominium The Extinction of Condominium (EC), also known as Termination of Co-Ownership, is a legal mechanism in Spain that allows one co-owner of an indivisible asset (typically a property) to acquire full ownership by compensating the remaining co-owners. This type of transaction is
How to execute UK Will in Spain +20 Years dealing with UK inheritance in Spain. Our Solicitors are ready to help you with your inheritance in Spain. Executing a Will or Testament in Spain will be easy and comfortable, and remotely dealt by our experts. UK Wills · UK Testaments