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Inheritance and Gift Tax

Planning for inheritance and gifts is extremely important as it can lead to significant savings in taxes and, above all, peace of mind for the heirs.

Vives Pons & Asociados recommends, in order to avoid unnecessary expenses on foreign lawyers and the translation of documents, that you make a will in every country where there is a financial interest or property.

Spain only has international agreements with three countries (France, Greece and Sweden), therefore inheritance tax is required to be paid where the economic interests lie under the domestic law of each country.

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