Inheritance and No resident Income tax

Dear colleagues As a part of the real estate market, I would like to share with you and your clients the recently news about inheritance legislation and Spanish wills in Spain. As EU citizen, there is new EU inheritance law, that may affect you if you have assets in Europe. The new Regulation (EU) No. 650/2012 of 4 July 2012 states: Article 21 General rule: 1. Unless otherwise provided for in this Regulation, the law applicable to the succession as a whole shall be the law of the State in which the deceased had his habitual residence at the time of death. In case the last habitual residence is in […]