The European Court of Justice has told Spain that it can not charge non residents of Spain more Inheritance tax than residents (as long as they are from the European Union).
The European Court of Justice has told Spain that it can not charge non residents of Spain more Inheritance tax than residents (as long as they are from the European Union).
European Union Directive establishes that if you are a resident in Spain and wish to avoid the Spanish system of obligatory heirs (that establishes that 2/3rds of your estate has to go directly to your
children ) you must make an express choice of your national law when signing your Spanish will.
FIVE RECOMMENDATIONS THAT WE ALWAYS MAKE TO OUR CLIENTS AFTER THEY HAVE PURCHASED IN SPAIN. Do not become a tax resident of Spain before discussing all the pros and cons with your solicitor . It may or not be in your interest depending on your circumstances and to join the system is a half an
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If you are interested in purchasing a property on the Costa del Sol we suggest you take the following steps. Establish a budget. Decide what type of property you are actually looking for: a flat , a villa , a penthouse , a farmhouse, a city flat. Decide what you are looking for because they
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Do not underestimate the importance of signing one. It is extremely important that if you have a property in Spain you have a Spanish will. If you already have one, make sure it complies with new European Directive 650/2012 which came into force on the 17th of August of 2015. For more information about the
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I WOULD LOVE TO PURCHASE IN SPAIN BUT I HAVE SOME CONCERNS: Could I lose my money? Is the procedure 100%safe? If only I could be certain that it can be done safely I would buy. You are not on your own. Almost all buyers are concerned to some degree or another about what feels
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BUYING A PROPERTY IN SPAIN : THE CONCERNS. Spain is a beautiful place to live or to come for holidays and the prices have never been better . You have found a property you like and for an attractive price but now you are concerned about the uncertainties of the process. Is it safe?, what
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If you have any doubt about the importance of making sure your Spanish will does not need to be changed due to changed to the law introduced by a European Directive, please read this article published in the u.k. Law Society Gassett The Directive is in force since 17th of August of 2015 and there
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