
Inheritance and gifting in the Balearic Islands: tax-free?
Is inheriting and donating in the Balearic Islands tax-free these days? In this entry you will find more information on the conditions.

Is inheriting and donating in the Balearic Islands tax-free these days? In this entry you will find more information on the conditions.

The accumulation effect in inheritance tax does not apply to the donation of foreign property. Why donate your foreign property first?

Does your child or another family member live in Spain and are you considering a donation? Please note that the tax domicile of the beneficiary is decisive. In

On the extinction of usufruct in Spain - usually due to the death of the usufructuary - the bare owner acquires full ownership. The

Gifting in Spain is traditionally expensive. Unlike inheritance tax, there are usually no generous reductions, tax-free sums or exemptions in gift tax. Donate

Do you pay gift tax in Spain when transferring property? Yes, Spanish gift tax (Impuesto sobre Sucesiones y