Looking to eliminate your Spanish tax liabilities?

Transferring ownership of your Spanish property could be an option

Anyone who owns a property in Spain is potentially subject to several taxes including income,  rental income, capital gains and inheritance tax.  If a property is owned in individual names then there is limited flexibility to minimise these tax liabilities.  It is estimated that more than 90% of British people with Spanish property own it in their individual names.  However, by transferring the property ownership to your own UK company you can save tax in the future and gain more flexibility around your tax planning.

There are very few people in the UK, nor Spain, with the experience to provide professional tax advice in this area.  The costs of transfer are expensive through Spanish solicitors, and dealing with anything in Spain is also lengthy and drawn out.

At Numerological we can offer you a complete tax consultation service to see if transferring ownership of your property to a UK company could help you.  If it is a viable option, then we can manage the whole process of setting up a UK company on your behalf to own the property, arrange the necessary documentation in Spain, and if required we can complete the annual accounts and returns for the UK company.

Transferring ownership could:

Please call for a FREE initial phone conversation to discuss the transfer in principle.  You can also arrange a meeting to evaluate the transfer in detail and we can provide you with specific tax savings and costs related to your individual circumstances.