What Is The Modelo 720 Form And Why You Should Care
Written on November 20th, 2020
One of the hardest aspects of moving to a new country is having to deal with an entirely new bureaucracy. It’s hard enough paying taxes in your own country, but trying to sort them out in a different country, especially with a language barrier, can be especially trying. One particularly nasty reality in Spain involves what is known as the Modelo 720 form. This form is required for all residents that hold significant assets abroad, and it’s meant to let Spain known exactly where you keep all your money and other goodies (which of course is necessary so the Spanish […]
