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SPANISH TAXES FOR EXPATS

WRONG

RIGHT

MODELO 720 AEAT

The Model 720 is an informative declaration that any tax resident in Spain who has assets or rights abroad is obliged to file.

Accounts and open deposits in banking entities.
Investments and participations.
Real estate and rights over them.

We will study, free of charge, if you have the obligation to file the 720 or 721

Have any doubts?

We offer a free 30-minute initial
consultation, 
with no obligation.

WRONG

RIGHT

Making decisions without verified information is very dangerous.

Failure to file having obligation entails important fines.

Thinking that the AEAT does not have information on assets outside Spain

To prepare the form personally without the help of professionals.

Filing the form 720 or 721 out of time or incorrectly. 

Not informing the tax agency may end up in an inspection

Ask a specialist if you should file it or not and put yourself in their hands.

Take into account all our assets (goods and rights) outside Spain.

Make sure that the information coincides with forms 100, 714 (AEAT) and 1040 (IRS).

Get advice to see if you must declare cryptocurrencies with the specific model 721.

It is highly recommended to file all taxes with the same taxpayer.

Be up to date with your informative declarations

Modelo 721

Annual report on virtual currencies located abroad

Specifically, model 721 is aimed at individuals who own cryptos and have a portfolio with a value of at least € 50,000.

DOWNLOAD HERE THE WHITE PAPER
ON TAX OBLIGATIONS
OF EXPATS IN SPAIN

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