Navarro Simón y Asociados

08/04/2023

Inheritance Tax in Spain

Inheritance Tax in Spain is paid by a heir or beneficiary who has been left money, property or assets in a Will.

Both resident and non-resident beneficiaries are liable to pay Inheritance Tax in Spain.

The amount of tax payable differs from region to region within Spain and there are different allowances and nil rate bands depending on where the property is located, together with the relationship between the beneficiary and the deceased. Unlike the UK however there is no spouse exemption between Husband and Wife and both residents and non-residents are liable for IHT in accordance with the defining rule.

There are strict time limits as to the payment of IHT and a tax return must be filed within 6 months from the date of death. An extension of up to 6 months can be applied for, but no further extensions are given.

In order to avoid Inheritance Tax it is possible to refuse or renounce the inheritance, however the whole of the inheritance must be renounced to avoid the liability.

07/04/2023

“ Spanish Probate and Inheritance Tax “

06/04/2023

“ Golden Visa “ …How Navarro Lawyers can help you obtain the Spanish Golden Visa
Navarro Lawyers offers a turnkey project management approach to facilitate the Spanish Golden Visa application process, including decision-making protocols and timelines, and can manage the whole project. We have supported many international entrepreneurs, investors and high-net-worth individuals to move to Spain, investing or obtaining a second residency or citizenship.
Navarro Lawyers assist clients in:
deciding the right timing of the application
the most appropriate investment
negotiation during the acquisition
structuring the transaction under the right corporate vehicle
the logistical arrangements involving the change of residence.

02/04/2023

“ Navarro Simón Lawyers”. Let the experts navigate the process for you
Due to the many differences between the purchase processes in England and in Spain, buying a home in Spain can be challenging. Without any professional help you risk misunderstanding the legal system, that the quality fails your expectations or that the contract is not legally binding.
Our lawyers have vast and long experience in property law in Spain, and are here to make you feel at ease and taken care of. We can help you in English or Spanish.
The most common challenges in purchase processes in Spain
Spain has less regulations concerning estate agents authorisations, economic responsibility or
insurances. They do not have formal viewings.
The comprehensive quality assurance process providing an overview over the property ́s le-
gal and economic status – including necessary background checks and documents – is different.
The approach depends on whether you are buying a newly built apartment or a house, a home under construction or a second-hand property.
All contracts are written in Spanish and follow Spanish legislation. Schedule your free consultation #

25/03/2023

“ Navarro Simón Lawyers “

Inheritance tax, property tax, income tax, registration fee and municipal tax. These all some of the taxes and fees that you have to pay before, during and after the property purchase. The amount of these depend on several factors, among all whether you are planning to rent out your home, the regional laws in the area where you are buying your home, and how to move forward if you ever plan to sell your property.

Schedule Your Free Consultation

24/03/2023

“ Navarro Simón Lawyers “

Help in Spain with English efficiency
We can assist you in person and take care of everything from our offices in Spain. With your permission we can both sign contracts and other documents on your behalf. In that way, you do not have to travel to Spain to do it yourself, saving you both money and time. At the same time, you will get the same efficiency and close follow-up as you would expect in England, and in England.
Let us ensure a smooth running of legal and economic processes, and spend your energy on planning your new home instead!
Schedule Your Free Consultation

20/03/2023

“Navarro Simón Lawyers “ Sunday Charity in London Oratory “ Breakfast for everyone!!!!Do you want to join with us !? @ Brompton road, Knightsbridge, London

20/03/2023

15/03/2023

One of the biggest practical challenges when owning property is how to manage share of ownership and the properties themselves after you pass. We can guide you through the Spanish inheritance laws, so that everything is sorted when the time comes.

Schedule Your Free Consultation