Canary Islands
Actual abolition of inheritance tax in the Canary Islands
In fact, no more inheritance tax in the Canary Islands. There will be a 99.9% reduction in inheritance and gift tax.
7 September 2023
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Here you will find all the articles on our website with more information specifically on gifting in Spain, gift tax and an estate in Spain.
In fact, no more inheritance tax in the Canary Islands. There will be a 99.9% reduction in inheritance and gift tax.
The Valencian government is going to significantly reduce inheritance tax and gift tax. Donating in Costa Blanca will become more interesting.
Here you will find information about donating to a Dutch person in Spain. We also explain the principles if you wish to donate from Spain.
There is a new reference value in Spain to value real estate. Often this value is higher than expected. What are your solutions?
The right of occupancy in Spain is an inheritance planning tool. This is a light version of a split purchase in Spain.
The accumulation effect in inheritance tax does not apply to the donation of foreign property. Why donate your foreign property first?
Does your family live in Spain? And are you planning to donate to them? Be careful with this. Possibly your family members will be taxed in Spain.
Soon, you will no longer be able to donate tax-free before a Dutch notary. There are also implications for the purchase of foreign property.
Gifting in Spain is traditionally expensive. Unlike inheritance tax, there are usually no generous reductions, tax-free sums or exemptions in gift tax. Donate
As in Belgium, there is a gift tax in Spain. Spanish gift tax is partly regulated by the autonomous regions and is usually considerably higher
Following the article on the split purchase in Spain, we received a question about gifting with reservation of usufruct. Is this an interesting way to
A gift is an important tool in inheritance planning. However, gifting in Spain is not a simple matter. After all, there are both Spanish and Belgian legal rules of