Taxes

Comprehensive Guide to Inheritance and Tax Rates in Spain (Andalusia) for Residents and Non-Residents

Spain has a complex inheritance tax system, which varies by region. The region of Andalusia offers certain advantages when it comes to inheritance tax exemptions and reductions, particularly for close relatives like children and spouses. However, navigating inheritance law can be challenging, especially for non-residents. This guide provides a detailed overview of inheritance tax rates, exemptions,...

Spain proposes 100% taxes on Non-Residents

Spain Proposes 100% Tax on Property Purchases by Non-EU Residents In a significant move to address Spain's escalating housing crisis, Prime Minister Pedro Sánchez has announced a proposal to impose a 100% tax on properties purchased by non-European Union (EU) residents. This unprecedented measure aims to deter foreign investment in the Spanish real estate market, which authorities argue contributes to...

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