8 Aug, 2015 @ 11:29
1 min read

Changes to discriminatory inheritance tax helps British expats in Spain

Inheritance Tax
Brits forced to sell properties over inordinate taxing

BRITISH property owners are finally starting to receive their refunds almost a year after Spain changed a discriminatory policy on inheritance tax for foreigners.

Brits forced to sell properties over inordinate taxing
Brits forced to sell properties over inordinate taxing

Up until the European Court of Justice’s ruling last September, Spanish residents paid 1% inheritance tax, while expats were charged up to 35%.

Despite being promised refunds, the expats saw no results all year, forcing many to sell property both in Spain and England.

Finally, the government has started to pay up, although despite the promised average amount of €25,000, property owners have reported receiving closer to €10,000.

Nina Chausow

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