The following looks at the steps that must be followed in the event of the death of a family member who owns property or has interests in Spain.
PERIOD OF TIME:
The first thing to bear in mind is that bureaucratic procedures must be completed within six months of death. Where there is a delay, an extension of a further six can be requested in writing from the tax authorities. Failure to complete the procedures in the legal time periods will result in surcharges and penalties.
It is advisable, therefore, to engage a specialist professional to avoid problems and delays Continue reading “FOREIGNERS’ INHERITANCES IN SPAIN: TAXES AND PROCEDURES “
In this article we analyse the situation of people from countries which are not EU member states, and who move to Spain to reside on a temporary or permanent basis. We also give a simple overview of the basic procedures to be able to reside in Spain.
Quite often we get enquiries from someone who has bought a second home in Spain with their partner, friends or family, and who for various reasons cannot or does not want to continue with their co-ownership.
The right of entry and departure, free circulation, stay, residence, permanent residence and work in Spain for citizens of other EU nation states, and those states which are part of the European Economic Area, is regulated by Law Real Decreto 240/2007, of 16 February modified by Real Decreto 987/2015, of 30 October.