How to execute Swiss Testament in Spain
In order to execute a Swiss Testament in Spain, you need to present the Testament to a Swiss notary in order to: Confirm that it was the last Testament made by the deceased, and obtain the Act of the Succession and the Declaration of Heirs. To appointing you as legal inheritor of the deceased’s assets […]
How to execute Netherlands Testament in Spain
In order to execute a Dutch Testament in Spain, you need to present the Testament to a Holland notary in order to: Confirm that it was the last Testament made by the deceased, and obtain the Act of the Succession and the Declaration of Heirs. To appointing you as legal inheritor of the deceased’s assets […]
How to execute USA Testament in Spain
In order to execute an USA Testament in Spain, you need to present the Testament to a USA notary in order to: Confirm that it was the last Testament made by the deceased, and obtain the USA GRANT OF PROBATE To appointing you as legal inheritor of the deceased’s assets Then, the notarial documents from […]
How to execute German testament in Spain
In order to execute a German Testament in Spain, you need to present the Testament to a German notary in order to: Confirm that it was the last Testament made by the deceased To appointing you as legal inheritor from the decesased’s assets Then, the notarial documents from the notary must be: Apostilled with the […]
Reduction of Inheritance Tax – Example
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, they consult our company in […]
How to demonstrate you are resident in Spain for Spanish IHT reductions?
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 . My understanding is that […]
Is it obligatory to make a Will in Spain?
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 not any law in Spain […]
Different ways to reduce Spanish Inheritance Tax
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” (A leaves everything to B, […]
Catastro inspections in Spain. Undeclared constructions
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 the famous tax amnesty and […]
Horizontal Divisions. Urbanisations in rustic land in Spain
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 land of the urbanization. So, the […]