Inheritance tax over 65's

If you have been Spanish taxpayers for 4 years, and are pensioners you do not pay any tax on profit made from sale of your sole residence.

Note the items in bold! Nothing to do with inheritance tax, sale of a second property. Use a good lawyer for the sale (a very rare beast).

It's not inheritance tax that's when a person dies, its Capital Gains tax you need to ask your solicitor about. As Peter has said there are conditions. 

Regards 

Pauline 

I think that you are confusing inheritance tax with capital gains tax! If you sell your primary residence, then you will not be liable for any capital gains tax if you are over 65 and you do not have to re-invest the money into another property either, as you would have had to do if you with the monies from the sale of your property if you were under 65 and wanted to avoid paying any capital gains tax. You do have to declare the sale on your annual Declaración de la Renta though.

“ you will not be liable for any capital gains tax if you are over 65 ” as long as you have made tax returns for four years…

Thank you for adding that comment. As someone who has automatically done their Declaración de la Renta for the past 39 years and continues to do so now that I only have my Spanish and UK pensions to declare, I forget that there are many UK citizens living in Spain, who do not automatically do their tax returns.

Hi John I use a very good company in la zenia,I know it's too far,but he's very good & up on tax,expats services.i can give you his number if you want.better to get pro help than the man in bar.

Fortunately...I speak fluent Spanish.

What you on m8 

Al Dente appears to have grasped very little of what the original poster was asking, although the OP did not help his case by not understanding the difference between an inheritance and a property tax!

The key points are that he is a pensioner, and responders have been pointing out the massive tax difference because of that, depending on other factors.