Season 2 Episode 20:
Moving from the U.S. to Spain: Tax and Estate Planning
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Watch on YouTubeMoving from the U.S. to Spain can raise tax and estate-planning questions in both countries. In this episode of Under the Basswood Tree, Chris Klug and Meritxell Mont discuss what U.S. individuals should consider before relocating to Spain.
The conversation covers Spanish tax residency, worldwide income, regional differences in taxation, wealth and solidarity taxes, foreign asset reporting, and the interaction between U.S. and Spanish tax obligations. They also examine how Spain may treat U.S. trusts and discuss wills, inheritance tax, and cross-border estate planning.
The episode is relevant to U.S. individuals and families considering a move to Spain and seeking to understand the planning issues that may arise before and after relocation.
Podcast highlights you shouldn’t miss:
- How Spanish tax residency is determined
- Why the region of Spain you choose may affect taxation
- Coordinating U.S. and Spanish tax obligations
- Foreign assets, wealth tax, and reporting considerations
- U.S. trusts, wills, and inheritance planning in Spain
Host: Chris Klug
Chris is a trusted attorney with extensive experience in taxation, corporate planning, mergers and acquisitions, and estate planning. He guides clients through complex tax matters to deliver practical solutions.
Guest: Meritxell Mont
Meritxell is a Spanish lawyer specialized in legal and tax advice to companies with a strong international focus. She has experience working with multinationals from different sectors on their corporate implementation in the Spanish market, as well as supporting them in their internationalization processes in other countries. In addition, she is in charge of the international business development of the firm, as well as the Manager of the Barcelona office of Capital Auditors and Consultants.
If this episode resonates with what you’re working through, contact info@basswoodcounsel.com. We’ll help you bring clarity to the key decisions, risks, and priorities, with the right support across our complementary practice areas.
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