This article unveils the primary legal reasons that position Spain as a sought-after destination for reallocation and will do so with an informative purpose. Nevertheless, it's essential to recognise that the application of the principles outlined herein requires thorough analysis and validation, tailored to the unique circumstances of each individual or family. Spain is a highly decentralised country where tax legislation is legislated at national levels but with regards to personal income and estate taxes, its administration is delegated, partially or totally, to the Spanish regions. As we delve deeper into the subject, we will discover that the specific region in which an individual chooses to reside in Spain holds significant sway over their personal taxation, as we shall elucidate in the following sections.
See complete chapter at: The International Family Offices Journal. Global Law and Business, Volume 8, Issue 1, September 2023.