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If you own property in Tenerife, making a Spanish will is one of the simplest things you can do to make life easier for your family later. Without one, the inheritance process still works… but it usually means more paperwork, more delays and more stress for the people left dealing with it. The good news…

Spain uses something called forced heirship. It sounds dramatic, but it simply means the law decides where part of your estate must go. For expats who own property in Tenerife, this can come as a surprise if you’re used to the freedom of writing a will however you like. Fortunately, it’s not difficult to deal…

When you inherit a property in Tenerife, one of the first things you’ll need to do is declare its value for tax purposes. On the surface, that sounds simple. But the number you declare can have an impact later, particularly if the property is sold. That value effectively becomes the starting point for future Capital…

Selling an inherited property in Tenerife isn’t quite the same as a standard sale. There are a few extra boxes that need ticking first. Nothing particularly complicated… but if one of them is missed, the sale can grind to a halt later. So it helps to get organised from the start. Here’s a simple checklist.…

A lot of properties in Tenerife operate as holiday rentals under what’s called a Vivienda Vacacional licence, usually shortened to VV. So if you inherit one of these properties, there’s an extra layer to think about. Not just the inheritance itself, but also the rental licence and the regulations that come with it. The good…

One of the first questions families ask is: “How long is this going to take?” The honest answer is… it depends. Most Tenerife inheritances follow the same legal stages. Some move quite quickly, others take longer, especially when heirs live abroad or documents need translating. But in general, the timeline tends to look something like…

Quite a few properties in Tenerife are owned jointly. Husband and wife.Brothers and sisters.Friends who bought together years ago. That usually works perfectly well… until one owner dies. Then the inheritance process can become a little more complicated. Here’s where things tend to get tricky. When the Property Is Owned 50/50 This is the most…

When someone dies in Tenerife, their car, motorbike or other vehicle becomes part of the estate. Which means you can’t just drive it, sell it or transfer it straight away. Like most things in Spain, there’s a bit of paperwork first. Here’s how the process usually works. 1. The Vehicle Must Appear in the Inheritance…

Quite a few couples in Tenerife live together without being married. Nothing unusual about that. But when it comes to inheritance, the law doesn’t always see things the same way. In many cases, a partner doesn’t automatically inherit anything unless a few formal steps have been taken first. Here’s the simple version. What Is a…

Compared to property, inheriting a bank account in Tenerife is usually fairly straightforward. But there are still a few formal steps before the funds can be accessed. And the first thing that surprises many families is what happens to the account immediately after the death. Bank Accounts Are Frozen Spanish banks automatically freeze an account…