This is one of the most common questions we receive at MDG Advisors, especially from clients with assets or family members in different countries.
However, the answer is not as simple as a “yes” or “no.” It depends on two main factors: where the assets are locatedand the tax residency status of the deceased.
👉 If the assets are located outside Spain, the non-resident heir is not required to pay taxes in Spain.
👉 If the assets are located in Spain, it is necessary to analyze the status of the deceased:
Deceased non-resident: The heir must file the state-level self-assessment, and may choose the autonomous community where the value of the assets would have been highest.
Deceased Spanish tax resident: The heir must also file the state-level self-assessment, but may apply the regional regulations corresponding to where the deceased resided during the last five years.
In short, the taxation of international inheritances requires a detailed analysis of each individual case. At MDG Advisors, we help our clients understand their tax obligations and optimize their tax burden both in Spain and abroad.