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Many Brits dream of buying a property in Spain but that dream could turn into a nightmare if they fail to consider the inheritance tax implications

Travelling for UK residents has changed dramatically in recent years whether it is by car, rail, sea or air. For many years, one of the most, if not the most, popular countries for British people to buy overseas property has been Spain. Most British owners of Spanish property own holiday homes or property investments and are not resident in Spain. However, some British people have bought property and moved to Spain permanently or semi-permanently and many of these have chosen to become resident in Spain, for example, electing to spend 183 days or more a year in Spain. While buying one's...

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