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Join us on the Costa del Sol to discuss your Spanish IHT requirements

By Jaime Vives - Thu 9th May 2013

Spanish Inheritance Tax can be a very misleading subject due to the varying advice and "solutions" talked about in Spain. Wincham have been assisting clients since 1994 to successfully and legally protect their loved ones from the huge burden that is 'Spanish IHT'.

Many property owners in Spain are sitting on a ticking Inheritance Tax (IHT/ISD) time bomb unaware that when they purchase their "dream" property they are unknowingly creating a potential financial burden for their beneficiaries. The surviving partner, or beneficiaries, may have a tax bill which exceeds the value of the entire Spanish asset being inherited plus the cost of obtaining probate in more than one country.

Our solution to the IHT/ISD problem in Spain is for the owner/s to invest the property into a UK Private Limited company which they would own as Shareholder/s remaining in complete control of their asset. (There is no 7-10% Property Transfer tax payable on this transaction). There are many taxation benefits when investing a property into your own UK Limited Company; in addition the ownership of the company can be structured to suit beneficiaries needs in a way that is simply not possible under Spanish Law.

Due to the success of our April Roadshow we will be located again at 3 different venues during May offering personal one-to-one appointments with Mark Bailey & David Rogers.

Why not contact us now by clicking on the Banner (Below) to arrange your free no obligation personalised Spanish Inheritance Tax illustration.

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