The regional government of Andalucía has today announced that they are scrapping wealth tax in Andalucía.
This is fantastic news for those that where paying it, but also for everybody else that will benefit from even more foreign investors moving to what was already the best region in Spain both for retirement and investment.
If you are a lawyer , family office, accountant, estate agent, investment advisor etc in the U.K. with high net clients and you would like me to prove to you why you should be recommending Andalucía to them , give me a call.
- Lowest transfer tax in Spain
- Lowest inheritance tax in Spain (together with Madrid )
- No wealth tax.
Remember that in our competing regions , Valencia, Baleaes and Cataluña they have to deal with :
- Higher transfer tax
- Higher inheritance tax (much higher ). The difference surprises most people
- Wealth tax.