A trusted framework for wealth and estate planning in Spain
Luxembourg life insurance is a comprehensive, flexible and secure investment solution, ideal for supporting all your wealth-management objectives within a tax-efficient framework.
For 35 years, OneLife has been designing tailor-made solutions based on this best-in-class model to help you invest, protect and transfer your wealth with complete peace of mind.
As a Spanish tax resident — whether an individual or a legal entity — you have access to a OneLife insurance solution, specifically designed to meet the requirements of the Spanish legal and tax environment.
Wealth Spain
A versatile vehicle for long-term savings, wealth accumulation, and inheritance planning
- From EUR 100,000 (EUR 250,000 in case of an internal dedicated or specialised insurance fund)
- Designed for individuals and legal entities
This tax-efficient investment structure may be underwritten as a whole-of-life or fixed-term policy and provides full access to invested capital and accumulated gains at any time through partial or total surrender. The policy also supports cross-border wealth planning and portability of the policy within OneLife’s European core markets.
Key advantages for Spanish resident clients
OneLife’s Luxembourg life insurance policies offer unique benefits within a compliant and transparent structure:
- Open investment architecture: access to a broad range of investments according to your investor profile (UCITS, ETFs, equities, bonds, structured products, real estate, private equity, and alternative assets), and freedom to select multiple asset managers and custodian banks, or opt for self-management (subject to conditions)
- Tax efficiency: accumulated gains benefit from tax deferral until partial or total surrender, in accordance with Spanish tax rules
- Strong investor protection: Luxembourg’s “Triangle of Security” and “Super Privilege” safeguard your assets against potential insurer insolvency
- Wealth transfer flexibility: life insurance is the only investment vehicle in Spain that enables wealth transfer both inter vivos (as a donation) and mortis causa (upon death), in a manner comparable to a trust but fully recognised and simpler to implement
- International planning: suitable for clients with cross-border family situation or mobility projects
- Compliance and transparency: automatic exchange of information under CRS ensures full fiscal conformity
Special tax regimes
- Beckham Law: resident individuals benefiting from the special impatriate tax regime may hold a Luxembourg life insurance policy without affecting their status, while retaining international investment flexibility
- Exit Tax considerations: life insurance can help manage potential exit-tax implications when transferring residence outside Spain, as assets remain within the same insurance policy until surrender and are not directly affected by such punitive tax measure
How to access our solutions?
Our policies are exclusively distributed by our distribution partners: wealth management advisers, brokers, private banks and family offices.
We invite you to contact your wealth adviser, who will get in touch with OneLife to design the solution best adapted to your situation.
Don’t currently have a wealth adviser?
