info@tlacorp.es +34 965 48 81 68
Languages: English / French / Deutsch/ Dutch/ Spanish/

Articles and Posts

HOW MUCH IT COSTS TO INCLUDE MY WIFE/CHILDREN IN THE DEEDS OF MY SPANISH PROPERTY?

“I have a property by my own Spain. I have the 100 % of the ownership of the property.  How much will it cost to change the title deeds to my wife’s name before I die, or to pass her 50 % of the property?”

TLACORP ANSWERS:

Please, be informed that to pass the property to your wife is considered in Spain as a “DONATION”. And, in Spain, the taxes to pay for a donation are extremely high, as much as high as Inheritance Tax.

One way cheaper than a Donation to pass a part, or the full ownership of the property to your wife, is making A SALE. The expenses in this case  must be studied with the particular case, but to you to have an idea:

 –       7 % of the share to pass to the other part as Transfer Tax

–       Notary + Lan Registry = 900-1.200 EUR approx.

–       3% of the share to pass to the other part as Capital Gains retention

–       Legal Fees = 1.200 EUR + VAT

 Please, do not hesitate to contact us for any help you may need from us in this special case. We will be delighted to help you.

Related Posts Plugin for WordPress, Blogger...

Leave a Reply

Este sitio usa Akismet para reducir el spam. Aprende cómo se procesan los datos de tus comentarios.

Powered by Yahoo! Answers