{"id":33608,"date":"2026-05-04T08:30:00","date_gmt":"2026-05-04T06:30:00","guid":{"rendered":"https:\/\/www.confianz.be\/?p=33608"},"modified":"2026-04-29T16:45:41","modified_gmt":"2026-04-29T14:45:41","slug":"inheritance-and-gift-tax-in-the-comunidad-valenciana","status":"publish","type":"post","link":"https:\/\/www.confianz.be\/en\/erf-en-schenkbelasting-in-de-comunidad-valenciana\/","title":{"rendered":"Inheritance and gift tax in Comunidad Valenciana: new opportunities for your Spanish property planning"},"content":{"rendered":"<p class=\"wp-block-paragraph\">The Spanish property market remains in a state of flux. The regional government of the <strong>Comunidad Valenciana<\/strong>, under which the Costa Blanca falls, again opts for tax relief.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">By now, many Flemish owners of a Spanish home already know about the reduction in transfer tax (ITP) and the increased exemption within wealth tax. From 2026, a third important benefit will be added: a significant reduction in inheritance and gift tax (<em>Impuesto sobre Sucesiones y Donaciones - ISD<\/em>) for a wider family circle.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For property owners in D\u00e9nia, J\u00e1vea, Moraira, Altea, Benidorm or Torrevieja, among others, this can have a significant impact on family estate planning.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What will change from 2026?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Spanish inheritance and gift tax is regulated regionally. This means that each autonomous region can introduce its own exemptions and rebates.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Comunidad Valenciana will further extend tax benefits from 2026, not only for spouses and children, but also for other family members such as brothers, sisters, cousins, uncles and aunts.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This makes a big difference for those who want to keep their Spanish home within the family.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">1. The existing 99% rebate will be retained for immediate family members<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">For transfers to:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>spouses;<\/li>\n\n\n\n<li>children and adopted children;<\/li>\n\n\n\n<li>parents;<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A reduction of <strong>99% on inheritance and gift tax<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This applies to both Spanish residents and non-residents from Belgium and the Netherlands who own property in Spain.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In practice, this means that straight line heirs often pay hardly any inheritance tax. This arrangement will be retained.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">2. New tax reduction for wider family (group III)<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The main change is in the so-called <strong>Group III<\/strong>, which include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>siblings;<\/li>\n\n\n\n<li>cousins;<\/li>\n\n\n\n<li>uncles and aunts;<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Until recently, these heirs fell back on the national rates, which are significantly higher and can reach over 34%, depending on the value of the estate and the applicable tax coefficients.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">From 2026, this will change.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">New discounts from June 2026<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The Comunidad Valenciana is introducing a phased reduction:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>from 1 June 2026:<\/strong> 25% rebate on tax payable;<\/li>\n\n\n\n<li><strong>from 1 June 2027:<\/strong> 50% rebate on tax payable;<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For example, for those wishing to bequeath a flat on the Costa Blanca to a sibling, this could mean savings of many thousands of euros.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It also makes gifts during life significantly more tax-efficient.<\/p>\n\n\n\n<h1 class=\"wp-block-heading\">Practical considerations for proper estate planning<\/h1>\n\n\n\n<p class=\"wp-block-paragraph\">The tax advantages are interesting, but only when they are applied correctly in legal terms. Spanish inheritance and gift planning always requires a combination of tax insight and legal precision.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">1. A correct will remains essential<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Lower taxes do not automatically mean a good legal settlement.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Thanks to the European Inheritance Law Regulation, it is important to explicitly stipulate in a Spanish will which inheritance law should apply.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Without a clear choice of law, Spanish inheritance law may become applicable, with potentially undesirable consequences for the division of the estate, the protection of children or the legitimate portion.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">An existing testamentary arrangement therefore deserves regular legal scrutiny.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">2. Giving during life can be more tax advantageous<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Due to the new reductions for Group III, a gift during life may be more advantageous than a transfer via inheritance in some situations.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Nevertheless, additional taxes such as:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.confianz.be\/en\/plusvalia-municipal-calculation\/\" data-type=\"link\" data-id=\"https:\/\/www.confianz.be\/plusvalia-municipal-berekening\/\">Plusval\u00eda Municipal<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.confianz.be\/en\/capital-gains-tax-in-spain\/\" data-type=\"link\" data-id=\"https:\/\/www.confianz.be\/meerwaardebelasting-in-spanje\/\">any capital gains tax<\/a><\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In addition, strict formal requirements apply in Spain. A donation must go through a Spanish notarial deed to be legally valid.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A preliminary simulation is therefore necessary to make the right choice.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">3. Correct application of regional rules for non-residents<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Non-residents can also enjoy the favourable scheme in the Comunidad Valenciana, but this requires a correct fiscal approach.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The application of regional benefits does not happen automatically. Proper tax representation and timely returns are essential.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In Spain, tax return deadlines are considerably shorter than in Belgium, so errors or tardiness quickly lead to penalties or loss of tax benefits.<\/p>\n\n\n\n<h1 class=\"wp-block-heading\">Why specialised counselling is important<\/h1>\n\n\n\n<p class=\"wp-block-paragraph\">Cross-border inheritance law between Belgium and Spain remains complex.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The combination of:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>European Inheritance Regulation;<\/li>\n\n\n\n<li>Spanish inheritance and gift tax;<\/li>\n\n\n\n<li>regional tax benefits;<\/li>\n\n\n\n<li>wealth tax;<\/li>\n\n\n\n<li>tax returns as a non-resident.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">necessitates specialised counselling.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Without proper coordination, there is a risk that:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>the wrong inheritance law is applied;<\/li>\n\n\n\n<li>heirs pay unexpectedly high taxes;<\/li>\n\n\n\n<li>tax benefits are lost;<\/li>\n\n\n\n<li>declaration deadlines are missed;<\/li>\n\n\n\n<li>fines and negligence interest arise.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\"><strong><a href=\"https:\/\/www.confianz.be\/en\/podcast\/succession-planning-and-spain-what-you-need-to-know-as-a-belgian-owner\/\" data-type=\"link\" data-id=\"https:\/\/www.confianz.be\/podcast\/successieplanning-en-spanje-wat-u-moet-weten-als-belgische-eigenaar\/\">Listen in advance to our podcast on succession planning in Spain.<\/a><\/strong><\/p>\n<\/blockquote>\n\n\n\n<h1 class=\"wp-block-heading\">How Confianz guides you through this<\/h1>\n\n\n\n<p class=\"wp-block-paragraph\">Confianz assists Flemish owners of Spanish real estate with their complete legal and tax planning.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">We provide:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>analysis of existing wills<\/li>\n\n\n\n<li>correct choice of law under the European Succession Regulation<\/li>\n\n\n\n<li>simulations of inheritance and gift tax<\/li>\n\n\n\n<li>tax optimisation for non-residents<\/li>\n\n\n\n<li>guidance for Spanish gifts and inheritances<\/li>\n\n\n\n<li>correct declaration of wealth tax and inheritance tax<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This way, we ensure that your Spanish assets are not only optimally protected from a tax point of view, but also legally correctly transferred to the next generation.<\/p>","protected":false},"excerpt":{"rendered":"<p>Inheritance and gift tax in the Comunidad Valenciana becomes more favourable again. Close relatives can also enjoy tax reductions.<\/p>","protected":false},"author":2,"featured_media":33609,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[132,135],"tags":[216,975,30,976],"class_list":["post-33608","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-erfrecht","category-belastingen-in-spanje","tag-costa-blanca","tag-erf-en-schenkbelasting","tag-schenken-in-spanje","tag-spaans-erfrecht"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.confianz.be\/en\/wp-json\/wp\/v2\/posts\/33608","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.confianz.be\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.confianz.be\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.confianz.be\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.confianz.be\/en\/wp-json\/wp\/v2\/comments?post=33608"}],"version-history":[{"count":2,"href":"https:\/\/www.confianz.be\/en\/wp-json\/wp\/v2\/posts\/33608\/revisions"}],"predecessor-version":[{"id":33611,"href":"https:\/\/www.confianz.be\/en\/wp-json\/wp\/v2\/posts\/33608\/revisions\/33611"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.confianz.be\/en\/wp-json\/wp\/v2\/media\/33609"}],"wp:attachment":[{"href":"https:\/\/www.confianz.be\/en\/wp-json\/wp\/v2\/media?parent=33608"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.confianz.be\/en\/wp-json\/wp\/v2\/categories?post=33608"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.confianz.be\/en\/wp-json\/wp\/v2\/tags?post=33608"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}