Search
PODCAST / Modelo 720: Do you need to report your overseas assets in Spain?

Modelo 720: Do you need to report your overseas assets in Spain?

Financial Planning, Spain, Tax Planning
20.10.26 on Bay Radio
0:00
/

The Modelo 720 Spain reporting requirement has been in place for many years, yet it continues to catch out new UK expatriates moving to the country. Understanding when the form applies and what needs to be declared is essential for anyone living in Spain with overseas assets.

Radio Bay Station

In this episode, Jon Pemberton, Partner at Blevins Franks, explains the purpose of the Modelo 720 and the circumstances in which it applies. From reporting deadlines and qualifying assets to ongoing filing requirements and practical tax planning considerations, he guides listeners through the key aspects of this important reporting obligation for Spanish residents.

  • What is the Modelo 720?
  • Who needs to submit a Modelo 720, how is it filed, and when is it due?
  • Which overseas assets need to be reported, and what information must be provided?
  • Do you need to submit a Modelo 720 every year, and what happens if you fail to file one?
  • What advice should expatriates keep in mind regarding the form, asset ownership and tax planning in Spain?

Tax rates, scope and reliefs may change. Any statements concerning taxation are based upon our understanding of current taxation laws and practices which are subject to change. Tax information has been summarised; individuals should seek personalised advice.
Share this page
Blevins Franks has been providing specialist financial advice to British expatriates across Europe for 50 years. Our expertise covers tax, estate planning, pensions and investment management to offer a genuinely holistic approach to financial planning.
Make an Enquiry
28 St James’s Square, London SW1Y 4JH
Gasan Centre, Triq il-Mergħat, Zone 1, Central Business District, Mrieħel CBD1020
+44 (0)20 7389 8133 Make an Enquiry

We want people to be able to easily access and understand the information we provide, so if you need further help to access information on this website or key documents in a different format or setting, please contact us via your Blevins Franks adviser, by email or by phone.

[email protected]   +44 (0)20 7389 8133.

Blevins Franks Financial Management Limited (BFFM) is authorised and regulated by the Financial Conduct Authority in the UK, reference number 179731, to provide advice in the UK. Blevins Franks Wealth Management Limited (BFWML) is authorised and regulated by the Malta Financial Services Authority, registered number C 92917 to provide advice in Malta and other EU countries in line with its [IDD and MiFID] passporting permissions. It is authorised to conduct investment services under the Investment Services Act and authorised to carry out insurance intermediary activities under the Insurance Distribution Act. Where advice is provided outside of Malta via the Insurance Distribution Directive or the Markets in Financial Instruments Directive II, the applicable regulatory system differs in some respects from that of Malta. BFWML also provides taxation advice; its tax advisers are fully qualified tax specialists. Blevins Franks Trustees Limited (BFTL) is authorised and regulated by the Malta Financial Services Authority for the administration of trusts, retirement schemes and companies. BFFM, BFWML and BFTL are all part of the Blevins Franks Group Limited (BFGL) whose registered office is Gasan Centre, Triq il-Merghat, Zone 1, Central Business District, Mriehel CBD1020, Malta. This promotion has been approved and issued by BFWML and BFFM for respective use in the EU and UK.

© Blevins Franks