INHERITANCE TAX
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HI ,My name is nigel and I retired in 2007 owing to ill health of my father.
Please can you help me with a problem.I have recently inherited a property from my mother and have been told that one has to be resident for 5 years in Spain.If I only got my Residentia in June 2008 can I still inherite the property and pay the appropriate Inheritance Tax.My Parents have lived in Spain for 10 Years.
Many Thanks
Nigeln
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Nigel
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Of course you can inherit the property and pay the corresponding inheritance tax without being a spanish resident!
Best,
Maria
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Maria L. de Castro, JD, MA
Lawyer
Director www.costaluzlawyers.es
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