Jaime Vives - Tumbit.com Blog Feed

Discuss your IHT requirements with us in person

info@tumbit.com (Jaime Vives) — Mon, 07 May 2012 11:37:02 GMT

Wincham International will be attending This is Spain on the 19th and 20th of May 2012 at the Diamante Hotel – Calpe, Alicante. Book your appointment now to guarantee your chance to talk through your legal and taxation questions with our UK &... more

Capital Gains Tax Hike on Spanish Property

info@tumbit.com (Jaime Vives) — Thu, 05 Jan 2012 14:53:33 GMT

Just announced - a second hike in the Capital Gains Tax (CGT) levied on non-residents by the Spanish Tax Office in as many years. As from January the 1st 2012 Capital Gains Tax (CGT) for non-resident property owners in Spain will stand at 21%... more

4 Reasons to move the ownership of your Spanish property into a UK Limited Company before the 31st December 2011

info@tumbit.com (Jaime Vives) — Wed, 02 Nov 2011 13:54:42 GMT

As the Spanish tax year draws to a close we would like to take this opportunity to remind you of the benefits of placing your Spanish property into your own UK Company (which we can provide) before the end of this year to mitigate Spanish taxation. ... more

Some thoughts on the future of Spanish ISD (IHT)

info@tumbit.com (Jaime Vives) — Thu, 17 Mar 2011 17:12:04 GMT

I read with interest recent articles in the press on the future of IHT and the principal that owning a Spanish property in a Spanish SL Company is expensive to set up and expensive to maintain. The cost of setting up would be in the region of... more

Spanish Inheritance Tax - FAQ's : Part 9

info@tumbit.com (Jaime Vives) — Wed, 09 Dec 2009 10:45:35 GMT

21. ) What is the Padron? The Padron or, to give it its full name, the Padron Municipal de Habitantes, is the municipal (or electoral) register. This is a list of all the people who live in a particular town, and is held in the local town hall.... more

Spanish Inheritance Tax - FAQ's : Part 6

info@tumbit.com (Jaime Vives) — Tue, 24 Nov 2009 09:38:33 GMT

16.) I was told to place my property in Spain into a Spanish (SL) or Off Shore Company. Most Owners of the shares in a Spanish SL or Offshore Company are still going to leave their Beneficiaries Taxes to pay in Spain when they pass away as well as... more

Spanish Inheritance Tax - FAQ's : Part 3

info@tumbit.com (Jaime Vives) — Fri, 06 Nov 2009 11:11:41 GMT

8.). So what does the UK Company option do for me? Once the property is invested into a UK Limited Company it will be owned by the Company which will in turn be owned by the Shareholders of the company which will of course be the original owners of... more

Do I need a Spanish Will ?

info@tumbit.com (Jaime Vives) — Thu, 10 Sep 2009 09:32:47 GMT

If your only asset in Spain is your property then you will not need to have a Spanish Will. Spanish law does not allow for your partner in marriage to automatically inherit your half of a jointly owned property and in all cases the Beneficiary will... more