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This article is part of our guide Inheritance in Spain with a non-resident, expat or foreigner. The presentation of the documentation for the settlement and payment of the tax, from a territorial point of view, is subject to the following provisions: – Inheritance: at the place of habitual residence of the deceased or of any...
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This article is part of our guide Inheritance in Spain with a non-resident, expat or foreigner. In order to calculate Inheritance and Gift Tax, it is first necessary to know its characteristics, who is subject to it and the different groups into which it is classified. General characteristics Inheritance and Gift Tax is characterised as...
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This article is part of our guide Inheritance in Spain with a non-resident, expat or foreigner. The Spanish regulations regarding the taxes derived from an inheritance process in Spain have undergone various modifications in recent years. The most important milestones are detailed below. The original law Inheritance and Gift Tax is regulated by Law 29/1987...
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This article is part of our guide Inheritance in Spain with a non-resident, expat or foreigner. The first question to ask in an inheritance process in Spain (or in any other EU Member State) is in which country the taxes derived from the inheritance must be paid, whether the affected citizens are residents or non-residents...
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This article is part of our guide Inheritance in Spain with a non-resident, expat or foreigner. With globalisation, inheritances and donations with non-residents or foreigners are becoming more and more frequent. For example, when a parent resident in Spain with a child living abroad dies, or when a foreigner living in Spain receives an inheritance...
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Last November, the Council of Ministers approved a Royal Decree-Law that amends the calculation of the municipal capital gains tax to bring it into line with the Constitutional Court ruling that declared the tax illegal on 26 October. The regulation adjusts the tax to the ups and downs of the real estate market, so that...
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The Spanish government has approved the new Housing Law, which aims to reinforce the concept of decent and adequate housing set out in article 47 of the Spanish Constitution. The new law indicates, fixes and defines what is meant by decent and adequate housing. “Dignified housing is that which is habitable, accessible, energy efficient and...
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This article is part of our guide How to buy a house in Spain. If you are going to buy a property and want to save yourself future problems, it is advisable to seek advice from a real estate lawyer in Spain. The savings far outweigh the cost of legal fees. Buying a property is...
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This article is part of our guide How to buy a house in Spain. As we saw in our previous article, mortgages never cover more than 80% of the purchase price. This means that you need to have at least 20% of the property price available, plus about 15% on top of the cost of...
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This article is part of our guide How to buy a house in Spain. Once the reservation contract has been signed, it is then up to the buyer to arrange a mortgage, if necessary, although they should have already discussed their needs with the mortgage provider beforehand. Mortgages in Spain After the financial crisis of...
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