Inheritance & gifting
Gift with reservation of usufruct
Gift with usufruct is a legal arrangement whereby you gift away the bare ownership of your Spanish home (usually to children), but the lifetime
13 February 2018
Gift with usufruct is a legal arrangement whereby you gift away the bare ownership of your Spanish home (usually to children), but the lifetime
What is a split purchase? A split purchase is a property transaction where ownership is split: the parents buy the usufruct (the right to use the
The intervention of a notary is legally required in Spain for the transfer of property, but his role differs fundamentally from that in Belgium
The Plusvalía Municipal (officially: Impuesto sobre el Incremento de Valor de los Terrenos de Naturaleza Urbana or IIVTNU) is a Spanish municipal tax that is levied on
Do you want to sell your house in Spain? Then correct administrative preparation is crucial to avoid delays or fines. Spanish property transactions require specific
Buying a property in Spain requires a fundamentally different approach than in Belgium or the Netherlands. Where domestically, the notary has a controlling role,
Emigrating to Spain has immediate and far-reaching consequences for your tax situation. From the moment you become a tax resident in Spain, you are taxable
Recently, we regularly receive questions about inheritance agreements. The inheritance agreement is a new concept for the practice. Traditionally, Belgian legislators considered the conclusion of an
When selling a Spanish property, you are legally obliged to pay capital gains tax on the profit realised. This applies to both tax resident
Spanish inheritance tax (Impuesto sobre Sucesiones) is due when an heir lives in Spain or when there is Spanish property (such as a second residence) in the estate
Buying a house on plan in Spain (compra sobre plano) means investing in a property that is yet to be built. Although this financial
A gift is an important tool in inheritance planning. However, gifting in Spain is not a simple matter. After all, there are both Spanish and Belgian legal rules of