{"id":8006,"date":"2025-02-18T14:08:20","date_gmt":"2025-02-18T12:08:20","guid":{"rendered":"https:\/\/www.feliu.biz\/?p=8006"},"modified":"2025-02-18T14:10:19","modified_gmt":"2025-02-18T12:10:19","slug":"do-you-have-assets-or-rights-abroad","status":"publish","type":"post","link":"https:\/\/www.feliu.biz\/en\/do-you-have-assets-or-rights-abroad","title":{"rendered":"DO YOU HAVE ASSETS OR RIGHTS ABROAD? DON\u2019T FORGET YOUR OBLIGATION TO DECLARE BEFORE MARCH 31, 2025"},"content":{"rendered":"
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If you are a resident in Spain and own assets or rights abroad, it is important to be aware of your obligation to report them using Modelo 720<\/strong>. This declaration must be submitted within the established deadline, which runs from January 1 to March 31, 2025<\/strong>. Below, we provide all the necessary information to comply with this requirement.<\/p>\n

What is Modelo 720?<\/h5>\n

Modelo 720 is an informative declaration<\/strong> that must be filed by individuals and legal entities residing in Spain who own certain assets and rights abroad, provided they exceed the thresholds established by law. Its main purpose is to combat tax fraud and ensure that the Spanish tax authorities have a proper record of assets located outside the country.<\/p>\n

Who is required to file Modelo 720?<\/h5>\n

All residents in Spain<\/strong> who, as of December 31, 2024<\/strong>, or at any time during the year, meet any of the following conditions:<\/p>\n