Inheritance is the practice of transferring property, titles, debts, rights, and obligations upon the passing-on of a bequeather.

In Spain, inheritance tax rates vary according to the relationship between the donor and beneficiary, although generally unmarried couples and step-children pay more tax than spouses and natural children.

If your estate is dealt with under Spanish inheritance law, ‘forced heirship’ rules apply. This means there are restrictions on how you distribute your estate, as a certain percentage needs to be set aside for certain relatives.

European Union, as well as a number of non-European Union citizens living in Spain can now choose whether the law of their home country or their country of residence applies.

If a foreign resident passes on without leaving a Will or making an official declaration on which law they wish to apply, the law of the country where they resided for the last five years will apply.

Creating a Spanish Will is straight forward, although inheritance work will require some details in order to process the service, including:

A copy of the last Will, the death certificate of the family member, a probate, proof of assets and the NIE & passport details of the deceased.

If you have financial assets or have purchased a property in Spain, it would be advisable that you have a local Spanish Will in order to avoid complicated translations and further certifications & procedures for your family after your death.

We will organise the necessary meetings between the client and ourselves in order to complete all the legal documentation, while authorising the authenticity of the will by confirmation via the Spanish laws.

Inheritance is an important legacy to consider, especially when owning a property and other assets in Spain. Whether you are a non-resident or resident, there are a few rules that differ to those of your home country. It is therefore vital that you make the right arrangements to not be caught off guard in the event of a death.

The legal team at PSI Consultants will maintain consultant-client privilege when creating a last Will & testament Will to help avoid time-consuming and legal problems for your heirs. Spanish inheritance determines the distribution of your assets as desired, and gives you and your family security and peace of mind.

A few days notice is enough for PSI Consultants to organise the writing and attendance of the signing of a Spanish Will before a Public Notary.

We are here to provide you with the most accurate and up to date information to enable you to make the best decisions for you and your loved ones.

The creation of a last Will & testament Will help avoid time-consuming and legal problems for your heirs. It determines the distribution of your assets as desired, and gives you and your family security and peace of mind.

In the unfortunate incidence when a family member has passed on, once we are notified we will begin the process of delegating inheritance procedures.

Health insurance is a type of coverage that pays for medical and surgical expenses incurred by the insured. It will protect & cover you for the whole or a part of a risk of incurring illness or injury. Health insurance can reimburse the insured for the medical expenses or pay the care provider directly.

An insurer can develop a regular finance structure that will be paid as a monthly premium to provide the money to pay for the health care benefits specified in the insurance agreement.

Depending on the level of insurance, health insurance generally covers the cost of doctors or emergency room visits, medicines, routine vaccinations and tests, surgeries, and psychological care.

This includes the main coverage of: general medicine, pediatrics and emergencies, consultations to specialists, diagnostic means (including high technology), monitoring of pregnancy and childbirth, treatments, hospitalization and surgical interventions, among many other medical services.

Selecting a suitable Spanish health insurance plan will require some necessities. Typically, you will be provided with a policy questionnaire of all relevant details to be filled & completed honestly. These details will be analyzed and will determine if the applicant(s) whom are eligible for the chosen policy.

To complete the policy and clarify eligibility, clients will need to include the following details: your contact & identification details. Home or mobile number and Spanish property address. If applicable, state previous and present, illnesses, operations or diagnosis.

On behalf of the insured, when we are notified we will help to organise appointments through communicating with Spanish doctors. Also we will help to direct you to the corresponding institution for your medical treatment.

While we also convey your required medications to hospitals or pharmacies for medicine renewals & collections. If in an emergency, we will help facilitate arrangement of urgent appointments or pick ups.

At PSI Consultants, our experienced team has a responsibly in helping to organise communication & appointments between the insured and medical physicians. More so, we discreetly maintain medical confidentially.

The PSI Consultants health insurance service will provide a prestige level of quality that guarantees the maximum assurance with peace of mind.

This service is one of the most important investments that can make a difference for the insured and the family. A wide variety of medical conditions are covered by our health insurance plans that will better guarantee maximum quality protection for the best price as possible.

Home insurance is a form of property protection that covers losses and damages to an individual's house and to assets in the home. This also provides liability coverage against accidents in the home or on the property.

There are typically two types of home insurance, buildings insurance & contents insurance. Building insurance covers the cost of repairing damage to the structure of your property including the walls, windows and roof. As well as permanent fixtures and fittings such as baths, toilets and fitted kitchens.

Contents insurance covers the cost of replacing your belongings in your home if they are damaged, destroyed or stolen.

Home insurance policies usually cover four incidents on the insured property:

• Interior damage.
• Exterior damage.
• Loss or damage of personal assets/belongings.
• Injury that arises while on the property.

In order to justify the correct valuation, clients will need to provide photographic & justification proof with a detailed inventory of each item and their values.

The important details to include for this service calculation ar,: the property details along with the property owner details. Determine with combined cost of valuables in the property, furniture or belongings valued from 3.000

Our straightforward home insurance service provides tailored solutions that benefits Spanish property owners by utilising different insurance policies to cover each of the property risks individually.

This allows for a bespoke service that combines multiple types of coverage into one simple insurance bundle to better suit your needs and for a budget price.

At PSI Consultants, our highly trained consultants are flexible in helping clients to obtain, renew and upgrade home insurance plans, for one or more properties in Spain. When it comes to making an investment as life changing as the purchase of a house, having the most optimal home insurance will be indispensable.

Every house has its own unique characteristics. Depending on whether you’re the owner or a tenant, whether the property is used as a habitual residence or second home or is rented to third parties, you may have to obtain one particular kind of home insurance or a bundle of coverages.

Our clients feel the safest when they are at home. However, there are certain risks to consider, such as: fires, burglary, water damage, accidents, damages to third parties and much more.

You will benefit the most in the Costa Blanca area from using our ecological insurance for your home with an extensive coverage for both owners and tenants, and in addition to having the best coverage; you can take care of your environment.