This topic contains 3 replies, has 2 voices, and was last updated by 
Raymundo Larraín Nesbitt 10 months, 3 weeks ago.
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Hi there,
Could you please explain the two cases for an inheritor and applicable tax for a Spanish Resident more than 10 years in Almeria, Andalucia.
1- If the inheritor is a Spanish Resident then what tax will be payable on cash/property receiving in Spain from the deceased from a close relative in Spain who was not Spanish resident?
2- If the inheritor is a Spanish Resident then what tax will be paybale on cash/ property receiving in Spain from the deceased from a close relative in the UK and who was not Spanish resident?
Appreciate your help and thank you.
Regards,
AM
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Morning Amarafie,
This is explained in my article Changes to Spain’s Inheritance and Gift Tax Law – 21st February 2015.
In both cases the inheritor is liable for Spanish Inheritance Tax. More on this tax in my articles:
- Spanish Inheritance Tax for Non-residents (Part I) – 8th March 2016
- Spanish Inheritance Tax for Non-residents (Part II) – 8th March 2016
I. Inheritance Rules
a) Deceased is non-tax resident. If the deceased was resident in a Member State of the European Union or else in the European Economic Area (non-tax resident in Spain) the beneficiary will now benefit from:
• The regional tax allowances where the majority of the assets of the deceased are located in.
• If there are no assets in Spain, the rules of the Autonomous Community where the beneficiary lives apply.b) Deceased is tax resident and beneficiary is non-tax resident. If the deceased was resident in Spain and the beneficiary is resident in a Member State of the European Union or else in the European Economic Area (non-tax resident) he will benefit from:
• The regional tax allowances where the deceased lived.
Regards
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This reply was modified 11 months ago by Raymundo Larraín Nesbitt.
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Many thanks Raymundo for your reply and helpful information.
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You are welcome Amarafie.
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