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New EU succession regulation affects British Expatriates in Spain

A new EU regulation on succession came into force on 17th August 2015. British expatriates living in the Canary Islands need to understand how it affects them. They may need to take action to ensure their assets are distributed to their heirs according to their wishes. European Succession Regulation EU650/2012, known as “Brussels IV”, ...Full Article

Canary Islands To Reduce Succession and Gift Tax

The Canary Islands Prime Minister, Sr. Fernando Clavijo, recently announced that a 99% reduction for succession and gift tax would be introduced for children ...Full Article

Canaries play leading role as Caixa unveils its new HolaBank concept

The Canary Islands are playing a major role as CaixaBank launches HolaBank in a bid to establish itself as leader among international clients in ...Full Article

99% reduction on succession and gift tax announced by regional Canary Islands’ government

On 6th July 2015, Sr. Fernando Clavijo, the new Canary Islands Prime Minister announced in his acceptance speech that a 99% reduction for succession ...Full Article

Don’t let your dream home get swept away by Spanish Inheritance Tax

If you own a property in Spain, then you need to read this article… Most owners are not aware that their beneficiaries and their ...Full Article

The Spanish property inheritance tax time bomb

Many property owners in Spain are sitting on a ticking Inheritance Tax (IHT/ISD) time bomb. Most are not aware that when they purchase their ...Full Article

Spain and offshore assets

  As the Spanish government seeks to increase tax revenue, it has set its sights firmly on offshore assets. This particularly affects expatriates living ...Full Article

No hiding place

  We have been talking about the global crackdown on tax evasion and undisclosed off-shore assets for years, but this year has seen significant ...Full Article

The new tax reporting landscape in Spain

  Earlier this year, for the first time, Spanish residents had to declare all their overseas assets worth over 50,000 euros. You had to ...Full Article

Are your funds suitable for you?

  There are thousands of investment funds available to invest in. Besides the traditional ones which invest in equities, bonds and real assets, you ...Full Article
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