Since the Spanish Government decided in Spring 2007 to suppress the Wealth Tax as from the tax year 2008, some people hurried to conclude that non-residents property owners would not be taxable any longer, except for the municipal Land Tax (which is a tax on the property, not a personal tax) and that from now [...]
Real estate purchases are sometimes agreed privately. Over the years we have been offering legal assistance also in real estate purchases that have been agreed between a private seller and a buyer without us acting as agents. We are experiencing a growing demand for these services, which are already an important business division in our [...]
Liable to this tax are the persons receiving an inheritance, bequest or legacy and not having have their usual residence in Spain, as well as residents in Spain if the deceased person did not have his/her usual residence in Spain.
The competent Tax authority is the Special Branch of the Tax Authority in Madrid, i.e. depending [...]
Every now and then some of our clients have expressed the wish to buy the property under the name of their children, mainly to avoid inheritance tax /death duties upon their death.
That is a decision that should be duly weighed and considered. First of all the inheritance tax is not as high as many think, [...]
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Address : C/ La Lajilla, 2, 35120 - Arguineguín, Gran Canaria, Spain
Telephone : +34 928 150 650
Fax : +34 928 153 057
e-mail : info@cardenas-grancanaria.com
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Offices in : Arguineguín, Puerto Rico and Playa de Mogán
