Inheritance Tax Valencia 2026: New Collateral Relief, Post-Brexit Rules & Step-by-Step Process for Expats
Everything about Valencia inheritance tax in 2026: the new phased 25%→50% collateral bonification for siblings, exact Group I–IV rates, post-Brexit non-resident rules, IRNR at 24%, and the complete notarial process with deadlines.
The Comunidad Valenciana — encompassing Alicante, Valencia, and Castellón — is home to the largest concentration of British, Scandinavian, German, and Dutch expats in Spain. For those who own property in Torrevieja, Moraira, Jávea, Calpe, Altea, or Orihuela Costa, understanding the inheritance tax rules is not optional — it is essential financial planning.
2026 brings significant changes to the Valencian inheritance tax landscape, particularly for collateral heirs (siblings, nephews/nieces). This article provides the exact figures, worked examples, and step-by-step process you need.
---
What Changed in Valencia for 2026?
Groups I & II: 99% Bonification Continues
For spouses, children, parents, and grandchildren, the Comunidad Valenciana maintains its 99% bonification on the tax quota. This means:
- A child inheriting €500,000 in Torrevieja pays approximately €500 in inheritance tax
- A spouse inheriting the family home pays virtually nothing
🆕 Groups III (Collateral Heirs): Phased 25%→50% Relief
This is the big news for 2026. Previously, siblings and nephews/nieces inheriting in Valencia paid the *full* progressive rate with punishing multiplying coefficients:
| Pre-existing wealth bracket | Multiplier (Group III) |
|----------------------------|----------------------|
| €0 – €403,000 | 1.5882 |
| €403,001 – €2,008,000 | 1.6676 |
| €2,008,001 – €4,021,000 | 1.7471 |
| Over €4,021,000 | 1.9059 |
New phased bonification:
- From June 2026: 25% bonification on the final tax quota for Group III heirs
- From June 2027: 50% bonification