Finacially better to be married in Spain?

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20 Oct 2007 12:00 AM by headless Star rating in Gandia. 40 posts Send private message

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Can anyone shed any light on the above question? We have just sold our property and will shortly be off to Spain, first to rent, and then to buy. We shall be applying for a mortgage, putting our little one in school etc. Does being married make the road smoother? Thanks for your time.



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20 Oct 2007 11:30 AM by Smiley Star rating in San Pedro de Alcanta.... 2502 posts Send private message

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Not especially - if you buy in Spain as a married couple or living together you are both deemed tenants in common i.e. you each own 50% of the property. Think the same applies on social security etc that if you are in long term partnership then deemed to be the same as married couple but you might want to check that one out.

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21 Oct 2007 10:17 AM by mariadecastro Star rating in Algeciras (Cadiz). 9402 posts Send private message

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Inheritances: There is not legal usufruct for the widow member of an union fact. Therefore not as protected as a widow of a marriage by Law.

Retirement pensions: the union fact member who goes to retirement cannot ask for higher amounts if the couple  is under his/her  financial care.

Widow pension: Not existent for widow members of  union facts.

The Income Tax declaration can not be done jointly.

 The union fact condition is not aplicable in taxes reduction.  Just every member individually can obtain the fiscal deduction out of having children.

There is not legal  compensatory pension for the financially damaged party in a  separation/divorce.

 Te broken of  union facts is not nationally regulated. Judges wil be doing analogical application of Law in some cases.The use of the commun house after separation/divorce is always to the owner.

Sanitary assistance: Need to prove the financial dependency and the living together for almost a year.



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21 Oct 2007 7:18 PM by Roberto Star rating in Torremolinos. 4551 posts Send private message

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Am I correct in assuming that by "union fact" you mean what we usually term "common-law partners" - that is, an un-married couple?

In the case of an un-married couple jointly owning a property (50/50), what would be the inheritance tax liability for the surviving partner on the 50% share of the property they inherit? And is there any benefit for an un-married couple registering as a "pareja registrada" (is that the correct term?) with their town hall, especially in terms of inheritance tax?



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Mark Twain

 

 

 




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15 Nov 2007 5:07 PM by Elly May Star rating in La Zenia, Costa Blan.... 13 posts Send private message

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Hi Everyone,

Does anyone have the answer to Roberto's question as this is something I would also be interested in knowing.

Thank you





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