WHAT WE DO
We can deal with all the inheritance in Spain from the first moment until the assets are finally registered in the heir's name. Bear in mind that there is a 6 months deadline from the deceased date to pay the taxes in Spain, so do not leave it for the last moment!
Alicante has become an international destination where people from all over the world live. This situation has enabled us to specialise in international inheritance law, and offer to our clients all the experience that we have accumulated during more than 15 years.
Due to the complexity of international inheritance law, it is extremely convenient to hire the services of an international experienced lawyer that assists during all the stages of the inheritance in Spain.
In Spain, the inheritance must be signed in front of the Notary Public. The Notary is an independent public official designated by the state of Spain to assist citizens with legal matters.
Obtaining The Will
We will take care of obtaining all the necessary documents in order to sign the inheritance and register the assets in your name. If you are not personally in Spain you might have to grant a Power of Attorney on our behalf.
The first step is to contact the Central Registry of Spanish Wills in Madrid in order to find out if the deceased granted a Will in Spain. If a will exists, the deceased's death certificate will be required in order to apply for a legal copy of the Spanish will.
In case there is a Spanish will, you will just need a notarised and apostilled copy of the death certificate in order to proceed with the administration of the estate in Spain.
In case there is only a foreign will, the following documents will have to be translated, notarised and apostilled:
- The death certificate
- The will
- Certificate of Law (Affidavit) to explain the law in your country.
The legal formalities of transferring property to beneficiaries in Spain are completed before a Spanish Notary. The Notary ensures, for example, that the beneficiaries are entitled to the deceased's assets.
The rate of inheritance tax payable in Spain depends on:
- The relationship between the person who died and the heirs.
- The amount that each heir receives.
- The individual wealth of each beneficiary.
- The region of Spain where the heir and the deceased lived.
The amount of Inheritance Tax in Spain changes according to the area of Spain where the deceased lived. In the following lines appear the rates applicable in the Valencia region
Bear in mind that multipliers may also apply to the following amours depending on the relationship between the deceased and the beneficiaries.
| Taxable amount | Amount to pay | Up to | Percentage |
|---|---|---|---|
| 0,00 € | 0,00 € | 7.993,46 € | 7,65 % |
| 7.993,46 € | 611,50 € | 7.668,91 € | 8,50 % |
| 15.662,32 € | 1.263,36 € | 7.831,19 € | 9,35 % |
| 23.493,56 € | 1.995,58 € | 7.831,19 € | 10,20 % |
| 31.324,75 € | 2.794,36 € | 7.831,19 € | 11,05 % |
| 39.155,94 € | 3.659,70 € | 7.831,19 € | 11,90 % |
| 46.987,13 € | 4.591,61 € | 7.831,19 € | 12,75 % |
| 54.818,31 € | 5.590,09 € | 7.831,19 € | 13,60 % |
| 62.649,50 € | 6.655,13 € | 7,831.19 € | 14,45 % |
| 70.480,69 € | 7.786,74 € | 7,831.19 € | 15,30 % |
| 78.311,88 € | 8.984,91 € | 39.095,84 € | 16,15 % |
| 117.407,71 € | 15.298,89 € | 39.095,84 € | 18,70 % |
| 156.503,55 € | 22.609,81 € | 78.191,67 € | 21,25 % |
| 234.695,23 € | 39.225,54 € | 156.263,15 € | 25,50 % |
| 390.958,37 € | 79.072,64 € | 390.958,37 € | 29,75 % |
| 781.916,75 € | 195.382,76 € | From over | 34,00 % |