Is there a transfer tax to pay?
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After a death of a spouse, and the will leaves the half share of the property to the remaining spouse, what is the process for transferring the title of the property? I understand the IHT, but do not know whether there is transfer tax tp pay. If so at what rate? In this case both parties lived permanently in Spain for the last 9 years, and their home was their only property held in joint names.
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