{"id":3413,"date":"2026-03-04T09:59:59","date_gmt":"2026-03-04T08:59:59","guid":{"rendered":"https:\/\/mallorca-portal.com\/modelo-720-spain-expats\/"},"modified":"2026-03-04T09:59:59","modified_gmt":"2026-03-04T08:59:59","slug":"modelo-720-spain-expats","status":"publish","type":"post","link":"https:\/\/mallorca-portal.com\/en\/modelo-720-spain-expats\/","title":{"rendered":"Modelo 720 Spain \u2013 Reporting Overseas Assets as an Expat"},"content":{"rendered":"

The Modelo 720<\/strong> is an informative tax declaration for assets held abroad. Every tax resident in Spain with overseas assets exceeding 50,000 euros in any of three categories must file this form.<\/p>\n

Who must file?<\/h2>\n

All tax residents in Spain<\/strong> who own overseas assets above 50,000 euros as of 31 December in:<\/p>\n

    \n
  1. Bank accounts<\/strong> abroad<\/li>\n
  2. Securities, shares, funds<\/strong> at foreign banks<\/li>\n
  3. Property<\/strong> abroad<\/li>\n<\/ol>\n

    Each category is assessed separately<\/strong>.<\/p>\n

    Deadline<\/h2>\n

    Must be filed by 31 March<\/strong> of the following year. The initial filing is one-off; after that, you only re-file if values change by more than 20,000 euros.<\/p>\n

    What must be reported?<\/h2>\n