Blog Category: Tax on property in Spain

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Taxes On Personal Real Estate in Spain

Posted and filed under Taxes in Spain.

We thought that it might help to recap on taxes on property that apply at the present time, as it is so confusing. 1) Sale of Spanish property  Capital gains tax is payable on the capital gain if appropriate. For properties of non-residents purchased after 1986, 3% of the declared sales price is withheld from the vendor at the point… Read more »

Inheritance Tax in Spain

Posted and filed under Taxes in Spain, Wills, Probate, Donation and Inheritance.

We’ve recently bought our house and have been advised that we need a Spanish Will. However, what is the position with regard to inheritance tax? Wills We would definitely advise you to make a Spanish Will as otherwise getting an Irish or British Will recognised in Spain will only incur expense, frustration and delays to your beneficiaries, as they would… Read more »

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