Spain

Modelo 720: Declaring Foreign Assets in Spain Made Simple

If you’re a tax resident in Spain and hold assets abroad, you may be legally required to file Modelo 720 — a declaration of foreign assets introduced to combat tax evasion. Though controversial due to its strict penalties (which have since been softened), non-compliance can still trigger serious consequences. This article breaks it all down: […]

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Inheritance & Gift Tax in Spain: What Foreigners Must Know

If you’re inheriting assets or gifting property in Spain, you may be subject to Impuesto sobre Sucesiones y Donaciones — Spain’s inheritance and gift tax (ISD). Unlike many countries, Spain taxes the recipient of the inheritance or gift — and tax rates vary by region, relationship, and asset type. This guide explains: Who pays inheritance

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Spanish Wealth Tax Explained: Who Pays, How It Works, and Exemptions

If you own significant assets in Spain or abroad, you may be subject to Impuesto sobre el Patrimonio, or Spain’s wealth tax. Though controversial, this tax still applies in many regions and can affect both residents and non-residents with assets in Spain. In this guide: Who must pay Spain’s wealth tax How the tax is

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Capital Gains Tax in Spain: What Expats & Property Sellers Need to Know

Selling a property or asset in Spain? Then you’re likely subject to capital gains tax (CGT) — and the rules differ based on whether you’re a resident or non-resident. In this guide, we explain: How CGT works in Spain The current tax rates What deductions are available How to calculate your gain How non-residents file

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Income Tax in Spain for Residents & Expats: Complete Guide

If you’re living in Spain or earning income here, you need to understand IRPF (Impuesto sobre la Renta de las Personas Físicas) — Spain’s personal income tax. This guide breaks down: How income tax works for Spanish residents and expats Progressive tax brackets and rates Allowable deductions Common pitfalls and how to plan smartly 🧾

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