Financial advice in Spain

Latest articles about Financial advice in Spain
What is the Modelo 720 and how does it affect me? / Gtres

The Modelo 720 form in Spain 2020

The “Modelo 720” form, is a basically a declaration of overseas assets, that is to say, assets held outside of Spain. Spanish tax residents are obliged to fill out this 720 Form and make the tax authorities (the “Hacienda”) aware of their fiscal activity in other countries.

Send money to Spain from UK

For people who have a second home in Spain, it’s often necessary to send money there to pay bills, taxes and other living expenses that come with being an expat, but you don’t want the banks and money transfer companies to take advantage of you with inflated exchange rates and fees.
Find out what taxes you have to pay when you buy a new or used home in Spain / Pixabay

Taxes on buying property in Spain

On buying a home in Spain, the first point is to determine whether you are buying new build (off-plan or sobre plano, in Spanish) or else a resale (second-hand property or reventa, in Spanish). Two different sets of taxes apply depending on which property type you acquire.
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