Foreign Asset Reporting – Prepare your 720 Form on year 2017

720 – The report of assets abroad for 2017 has commenced and will finish on the 29th March 2018. If you became resident tax  in 2017, then you need to submit an asset declaration and declare all assets owned outside Spain if the total value of the assets within any…

Inheritance of foreigners and the Spanish Succession laws

    When a foreign citizen owning assets in Spain dies, there are several things that the heirs need to know in order to properly process the inheritance of the Spanish possessions. A common mistake is to process the inheritance in the home country forgetting to handle the inheritance of…