Tax Aspects on the Levante Coast: Inheritances and Donations

Tax Aspects on the Levante Coast: Inheritances and Donations   When it comes to legal matters relating to inheritance and donations on the Levante coast of Spain, it is crucial to understand the tax complexities involved. At A&G Lawyers, we specialize in providing expert advice and comprehensive solutions for our non-resident clients in Spain who wish to establish themselves in the country and manage their financial affairs with confidence and peace of mind. Firstly, it is essential to understand that Spain has a unique legal system when it comes to inheritances and donations, and the province of [...]

Tax Aspects on the Levante Coast: Inheritances and Donations2024-04-16T07:54:45+00:00

Tax Guide for Foreigners Buying Properties on the Levante Coast

Today we are going to talk about a crucial issue for those who want to purchase property in this paradisiacal region: taxes.   Buying property on the Costa Blanca is a dream for many foreigners, but it is important to understand the tax implications before taking the step. Here is a basic guide to help you better understand this aspect: Property Transfer Tax (ITP): When you buy a second-hand property in Spain, you must pay the Property Transfer Tax (ITP). The tax rate varies depending on the Autonomous Community, but in the Valencian Community, where the Costa [...]

Tax Guide for Foreigners Buying Properties on the Levante Coast2024-03-28T10:53:27+00:00

Benefits of the Latest Law on the Suppression of Inheritance and Donation Taxes in the Valencian Community. Law 29/1987 on the Inheritance and Donation Tax.

If you are a resident of the Valencian Community or are thinking of moving to this beautiful region of Spain, it is crucial to be aware of the latest legal updates that can have a significant impact on your assets. At A&G Lawyers, we are pleased to inform you about the recent law to eliminate inheritance and donation taxes in the Valencian Community and how it can benefit you. In Valencian Community, the 99% bonus on the Inheritance and Donation Tax has been approved with retroactive effect from May 28, 2023. It will be applied for the [...]

Benefits of the Latest Law on the Suppression of Inheritance and Donation Taxes in the Valencian Community. Law 29/1987 on the Inheritance and Donation Tax.2024-02-23T12:01:26+00:00
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