Inheritance of foreigners in Spain
Foreigners who intend to inherit assets in Spain should know that succession laws tend to be different from country to country.
Foreigners who intend to inherit assets in Spain should know that succession laws tend to be different from country to country.
On May 5th, 2010 the European Commission requested that Spain change its tax rules on inheritances and donations, since they impose a tax burden which in practice is always greater when the deceased or the heirs are non-resident members or when the inherited assets are abroad.
We are sometimes faced with situations where we have a shared heritage with others for various reasons, for example, because of buying in common and undivided, because they inherited a property in common with others, because they were married under the matrimonial property regime and purchased goods during the marriage.