The size of the inheritance tax in Spain varies depending on certain factors:
The inheritance tax in Spain is relatively high and follows a progressive scale.
Different tax free amounts are given for different inheritance receivers. Factors that are crucial for calculation are the inheritance receiver’s family relation to the deceased, age, and if the inherited object is the inheritance receiver’s primary residence.
It varies from region to region (in Spanish, Comunidades autónomas) to a surprising levelFor instance, an inheritance from a father to his single, less than 30 years old and childless son leads to 134€ in the Canary Islands and ascends up to 164.049€ in Andalusia
The high inheritance tax may temporarily be slightly reduced by planning the inheritance. By acquisition of permanent property in Spain it may be reasonable to think of the different ownership structures at an early stage.
Expenses when buying property in Spain are about 8-10%, depending on if the property is in the Canary Islands or on the mainland. It can become an expensive experience if after signing the deed you wish to change the ownership structure from an inheritance perspective.
The Size of the Inheritance Tax
The general size of the inheritance tax in Spain isspecified in the table below:
Base rate in Euro
Base rate in percent (%)
The highest rate according to this table is 34%, but the percentage rate may be higher depending on the inheritance receiver’s current wealth and relation to the family member.