Spain is still levying inheritance- and gift- duty. These duties are applicable irrespective of the testator/grantor being tax resident in Spain or not. As a main rule, the duties will apply for assets that is located in Spain. If the inheritance is limited to € 1750 000 per inheritor there is no inheritance tax.
As the inheritance tax can be strenuous to pay for the inheritors, it is of vital importance to evaluate different structures of Ownership prior to the acquisition of any asset in Spain. Our firm has extensive experience in this field.