BRIEF EXPLANATION ON DIFFERENT WAYS TO BUY THE PROPERTY PRICE OF ACQUISITION:827.000 EUR / VAT : 82.700 EUR (10% on the price – it’s a NEW building) A+B are a married couple with two sons “I” and “II”. A+B want to buy a NEW BUILDING in Malaga, and, before buying,
Subject: Inheritance Tax Query: I have just read a reply on your site & commented on it your advice (good) . Can you just tell me please, my husband & I own a property 50/50 I think in the current climate it would not achieve more than 200-225 thousand euros
There is some confusion in the market in relation when deciding to make a Will in Spain when you have Spanish assets. The majority of our clients, when buying a house in Spain, they ask us if they have to make a Will. NO. It is not obligatory. There is
In order to explain the different ways to avoid or reduce Spanish Inheritance Tax, we will use an example: – A+B, British and Spanish residents own a Spanish property. They have 62 years old. They have 2 sons. Sons are not Spanish residents. – Both have made a “mirror Will”
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