Spanish Inheritance Tax and Equity Release on you Property in Spain

Inheritance tax in Spain is a huge concern for anybody who owns a property in Spain. Tax rates starts at 15% and ends at 34% on market value of the property in the moment of inheritance. In some cases inheritance tax in Spain may go up to the rate of 82% of market value.

Ways to avoid and minimise Inheritance Tax

• Buy jointly with future inheritors
• Sell the property to future inheritors either fully or partly.
• Take out a mortgage loan on the property.
• Organising life insurance ensuring adequate funds to cover the Inheritance Tax bill.
• Buying or owning through a Spanish limited Company

Wether you would like to purchase with a mortgage loan (up to 100% on Property Value with additional guarantees) or set up a Spanish limited Company, Finanzkontor SL is your partner!