Tax question, Selling property and returning to the U.K.

My aunt has been living in Spain for 20 years now and has decided she would like to return to the UK to be near her children.

She is quite concerned about the tax situation when selling this property.

Firstly what taxes would have to be paid being that she will not be buying another property in Spain and this is her only property so her home.

Because this is her home/primary residence and not an investment is it like the UK where you do not pay capital gains tax on the sale of the property?

Any help would be fab, thanks.

 Dear Delza,

Due to your Aunt, bought her property 20 years ago, she is free of capital gain tax. Apart from that, if she has more than 65 years old, also is free.

 Mar Durio

Calle Ancha 30, 2º
E-11201 Algeciras
(t) +34.956.092.687
(f) +34.956.092.697
m.durio@costaluzlawyers.es
www.costaluzlawyers.es

Thanks Mar Durio!