Do I have to pay inheritance tax in Tenerife?

Most close relatives receive a 99.9% inheritance tax reduction in Tenerife. This means spouses, children, parents, siblings and grandchildren usually pay almost no tax.

Do I need to travel to Tenerife to complete an inheritance?

No. Most heirs sign a Power of Attorney and the entire process can be completed without travelling to Tenerife.

How long does Tenerife inheritance take?

Most Tenerife inheritance cases take between 1 and 3 months if the death occurred in Spain, or 3 to 6 months if it occurred abroad.

Can I sell an inherited property in Tenerife?

Yes, but only after the inheritance deed has been signed and the property is registered in the heirs' names. All heirs must agree to the sale.

What documents do I need for a Tenerife inheritance?

You need a death certificate, Certificate of Last Wills, the will (if any), passports, NIE numbers, property deeds, and bank information where applicable.

Inheritance in Tenerife

Glossary of Tenerife Inheritance Terms (Simple Explanations)

Dec 10, 2025

—

simonsg44

in Uncategorized

This glossary explains the most common Spanish inheritance terms you will come across when dealing with a Tenerife estate. All definitions are written in clear, simple English.

Apostille

An international certification added to documents so they are legally valid in Spain.

Basura Tax

A local tax for rubbish collection.

Escritura de Herencia

The inheritance deed signed at the notary confirming the transfer of assets.

IBI Tax

Annual council tax on property.

Modelo 650

The official inheritance tax form that must be filed in Spain.

NIE

The identification number required for all non-Spaniards owning property in Spain.

Nota Simple

An extract from the Land Registry showing property ownership and debts.

Plusvalía Municipal

A local tax charged on land value increases when property is inherited or sold.

Poder Notarial (POA)

A Power of Attorney allowing someone to act on your behalf in Spain.