Death Tax, Alicante Region

Bcfb Member

Member since 03 February 2021

BcfbMember03 February 2021 23:22:32

Hi
my wife was left a Spanish property worth approximately 鈧�200,000 by her father.
The property is located in La zenia which is in the Valencia region.

She does not have a NEIS.

Does anybody know the rate of taxation she will have to pay if any? Is there an initial tax free sum allowed.?
Would having a NEIS reduce this tax burden.?

Any other useful information?

Thank you for your help.

Johncar Spain Expert

Member since 25 November 2013

JohncarSpain Expert04 February 2021 11:32:00

1412

I understand pretty well the inheritance tax in andalucia but each Region has it鈥檚 own rules

I suggest you try an Internet search with 鈥榠nheritance tax Valencia鈥�.聽

聽 I found several sites which appeared to answer such questions.