Death duty Favourite Spanish Property Insight › Forums › Spanish Property Forums › Property Questions & Answers › Death duty This topic contains 5 replies, has 3 voices, and was last updated by Anonymous 8 years, 4 months ago. Author Posts October 12, 2010 at 2:06 pm #55901 AnonymousParticipant Hi Trying to get e feel of death duty costs so any help appreciated. If I was living in property value 100,000 Euro with my wife, no mortgage and I died. What would my wife have to pay as death duty? Colin October 12, 2010 at 6:24 pm #101106 AnonymousParticipant It depends on various things such as where you are in Spain as some provinces have different rules, how the will is wrote, if the property is in both your names etc In general you would have an allowance of around 16,000 Euros, you then pay a % of the remainder So if for instance you say 50k of property is yours and 50k your partner then an allowance would bring it down to about 34k, on that you would pay 11.05% yours, being about 3700 Euros in tax. Of course other things will come into it and I’m no doubt other forum members will have a say. Ian October 13, 2010 at 2:16 pm #101113 AnonymousParticipant ask your lawyer – also depends on your nationality !!!! October 13, 2010 at 2:16 pm #101114 AnonymousParticipant ask your lawyer – also depends on your nationality !!!! October 13, 2010 at 3:00 pm #101116 AnonymousParticipant Thank you both for your reply. Not at lawyer stage yet. Trying to get e feel of the system in Spain. The property would be in both names and were are British. Is there a chart showing what different provinces charge? Ian October 13, 2010 at 5:24 pm #101122 AnonymousParticipant If you are resident in the following communidades you will have reduced on zero IHT of course depending on if you are resident, if you have a Spanish will etc. Madrid, Basque Country, Navarre, Valencia, Balearic and Canary Islands Author Posts The forum ‘Property Questions & Answers’ is closed to new topics and replies.