Modelo 720 Overseas Assets Declaration FAQ’s
1. What is Modelo 720? Modelo 720 is a mandatory tax form in Spain for tax residents to declare assets held outside Spain if they are above a certain value. 2. Who is required to file Modelo 720? Any individual or entity that is a tax resident in Spain and holds assets abroad exceeding the
Moving to Spain – Your First Tax Declarations
After moving to Spain your first tax declarations are due the year after you become tax resident in Spain. The tax year in Spain runs with the calendar year, 1st January to 31st December and the basic rule is that you become tax resident when you’ve spent 183 days in the year in Spain. Your
Spanish Residency & Planning for Tax in Spain
Understanding and planning fiscal residency and Spanish tax is a very important when making the transition to become a resident in Spain. Tax in Spain is very different to the UK, and has become even more complicated since the UK left the EU as the way certain types of income are treated changed. Here we
ETIAS Visa Waiver UK Passport Holders and Travelling to Spain
Update 10th March 2025 ETIAS will start operations in the last quarter of 2026.No action is required from travellers at this point.The European Union will inform about the specific date for the start of ETIAS several months prior to its launch. Source – the Officical ETIAS Website: https://travel-europe.europa.eu/etias_en So, no change for some time yet,
Getting Your Tax Right – Moving from the UK to Spain
Getting your tax right when moving from the UK to Spain requires an understanding of all the things that need to be done and when to do them. Here we provide information about all the things you may need to do or consider to make sure you get your tax right both on the UK
Moving to Spain Rule and Law Changes 2025
In 2024 Spain implemented significant reforms to its immigration laws to enhance migrant integration and address labour market needs. Key Spain rule and law changes that are relevant to people that are not citizens of EU countries who are looking to move to Spain include: Property Investor ‘Golden Visa Residency In November 2024, the residency scheme
Spanish Residency Requirements for British Citizens and UK Nationals 2025
British citizens / UK nationals now have to follow the same process as other non-EU national citizens of third countries to get Spanish residency, i.e. there is a requirement to first obtain a visa. The financial means required for a British Citizen / UK national to obtain a residency visa, is a lot higher than
The End of The Spanish Golden Visa
UPDATE In November Congress approved a bill that included text to scrap the ‘Golden Visa’ and end this residency scheme as soon as January 2025. On December 2nd, the Senate vetoed the bill sending it back to Congress delaying the ending of the Golden Visa for property purchases in Spain for several months. The legislation
EU Travel Rules For Non-EU Family Members of EU Citizens
The EU travel rules for non-EU family members of EU citizens are different to the general rules for other nationals of non-EU countries. If you are a citizen of an EU country living in or or travelling to another EU country, your family can join you, including core family members who are not EU citizens.
Spanish Residency for non-EU family members of an EU citizen in Spain
Spanish residency for non-EU family members of an EU citizen in Spain, is an extended right. Family member includes spouse or civil partner, children or dependants of who are part of the household, and under 21 years of age. A citizen of an EU country has an automatic right to live in Spain, however must
Spanish Consulates in the USA
There are nine Spanish Consulates in the USA including Puerto Rico. The Consulates of Spain in the United States of America provide a number of legal and administrative services to both Spanish citizens and those intending to travel to or do business with Spain. This includes processing long term visa applications such as the non-lucrative
Spanish Non Lucrative Visa for Retirees Who Want to Live in Spain
The Spanish Non-Lucrative Visa offers residency to nationals from non-EU countries who have the financial means to support themselves without working. The Non-Lucrative Visa residency scheme is therefore ideal if you are retired or have passive income, for example from a portfolio of properties or other investments. The Non-Lucrative Visa is for people who intend
San Juan
San Juan is a festival celebrated on the night / morning of 23rd / 24th of June. A magical night that welcomes the summer season, the celebrations take place during the shortest night of the year; the summer solstice. The festivities are usually held on the beach with friends around bonfires with drinks, food and
Tax in Spain for Residents and Non-Residents
Understanding tax in Spain is essential, not just if you live here, but also if you own a property in Spain. The Spanish tax year runs from 1st of January to 31st December. Residents have to complete their income tax return, declaracion de la renta, by 30th of June the following year, and non-residents have until
British Mums in Spain Get Two Mothers Days
Aside from the sunshine and many other perks of living in Spain, British mums can enjoy two special days every year. Today is mothering Sunday in the UK, and people and families all over the country will be appreciating their mothers and treating them to a special day. In Spain the equivalent day, ‘el dia
Processionary Caterpillars – Marching in March
Processionary Caterpillars, the larvae of the Pine Processionary moth,(Thaumetopoea pityocampa), usually start emerging February to April onwards. So by March they will typically be getting their marching in full swing. However with the mild winters we’ve been experiencing in their range in Southern Spain, processions are being spotted in some parts a lot earlier, frequently as early as
Spain’s Digital Nomad Visa for Remote and Online Workers
Spain’s Digital Nomad Visa and Residency is now nearly two years old and has become the second most popular Spanish residency after the Non-Lucrative Visa. This visa or residency permit allows the holder to live in Spain and work remotely or online. It can be applied directly in Spain, or via the Spanish Consulate in
Spanish Non-Lucrative Visa Applications in the UK handled by BLS International Visa Centres
All three Spanish Consulates in the UK have outsourced handling of Non-Lucrative Visa applications to BLS International. The consulates in London and Edinburgh were the first to make the switch at the start of summer in 2023 at the onset of Student Visa application processing. Manchester consulate continued handling Non-Lucrative Visa applications in house, though
The Requirements and Costs for British Nationals to Get Spanish Non-Lucrative Visas
It’s now the beginning of the 4th year since the UK left the EU changing the requirement and costs for British nationals to get residency in Spain. British nationals apply for a Spanish residency visa if they want to live in Spain, and by far the most popular is the Non-Lucrative Visa. We initially published
Spanish Consulate London and BLS International Visa Centre
The Spanish Consulate in London covers the southern counties of the UK, Crown Dependencies and British Overseas Territories. So if you live in East Anglia, the South East or the South West, you’ll take your application to the BLS International Visa Centre in London which handles visa processing for the Consulate of Spain in London.
Spanish Non-Lucrative Visa for UK British Nationals
The Spanish Non-Lucrative Visa offers residency to British nationals who have the financial means to support themselves without working. The Spanish Non-Lucrative Visa scheme is therefore ideal if you are retired, or have passive income, for example income from rental properties or other investments. The Spanish Non-Lucrative Visa is intended for full-time residency in Spain,
Spanish residency for a non-EU family member of a British national who is resident in Spain under the withdrawal agreement
The withdrawal agreement guaranteed EU rights for British citizens and UK nationals that were legally resident in Spain before ‘Brexit’, and a special residency card was introduced. The withdrawal agreement TIE,tarjeta de indentidad de extranjero, for resident Brits in July 2020. The ‘Brexit’ foreigner’s ID card recognises the holders pre-Brexit rights and most British citizens
Spanish Consulate Manchester and BLS International Visa Centre
The Spanish Consulate in Manchester covers Central UK. So if you live in the Midlands, the North West, Isle of Man or Wales, you’ll take your application to the BLS International Visa Centre in Salford Manchester, which handles visa processing for the Consulate of Spain in Manchester. Locations that come under the Spanish Consulate in
Register a UK Car in Spain
The UK is no longer in the EU and the process and costs to register a UK car in Spain are a lot more than they were before Brexit. This is because UK cars now are now treated as vehicles from third countries and must clear customs, have import duty and VAT paid, or get
How to Check the status of Your Non-Lucrative Visa Application
Now that BLS International have taken over processing of Non Lucrative Visa Applications, it is no longer possible to track your application through the Spanish Consulate portal. BLS have their own tracking system and in addition to this your can also check the progress of your residency application on the Spanish immigration website.
Document Translation Certifying and Legalisation
Fortunately these days, if you don’t know the Spanish language, translating basic documents is relatively easy. There are abundant translation apps such as the popular Google Translate which a quite accurate. Of course, if you need to have a Spanish translation of a more detailed or official document, you’ll need to get someone to do
Spanish Consulate Edinburgh and BLS International Visa Centre
There are three Spanish Consulates in the UK that issue Spanish residency visa. The Spanish Consulate in Edinburgh covers the North of England, Scotland and Northern Ireland. So if you live in one of these areas, you’ll take your application to the BLS International Visa Centre in Edinburgh which handles visa processing for the Consulate
Spanish Residency Certificate for Citizens of EU Countries
Spanish Residency Certificate for Citizens of EU countries All EU and EEA (European Economic Area) citizens and their family members have the right to visit, live or work in Spain. A Spanish residency certificate confirms your status as a resident in Spain. For stays of up to 3 months there is no need to register
Register a Car from an EU Country in Spain
There are a few steps involved in the process to register a car from an EU country in Spain. Fortunately because of European standardisation, or homologation as it’s known, in most cases, provided you know the steps, it’s relatively straight forward. To begin with you will need to have an address in Spain. the registration
Spanish Golden Visa for UK British Nationals
The Spanish Golden Visa offers residency to individuals who make a real estate investment in Spain of €500,000 or more. The Spanish Golden Visa scheme has been in existence since September 2013 when legislation for the ‘residency by investment scheme’ was passed. The aim being to attract foreign investors at a time when the economy
Getting a good deal on Currency Exchange
When buying holiday money or sending money abroad, many banks and brokers include hidden fees and or a mark-up in the exchange rate. Not surprising, a recent study into international money transfers and payments found that 75% of consumers do not know about, or do not understand currency exchange rate mark-ups. In recent years specialised currency
Portugal Ends It’s Golden Visa Residency for Property Investors – Will Spain Be Next?
Portugal has ended its Golden Visa residency program for property investors. This announcement came just a week after Ireland terminated of its ‘Golden Visa’ Immigrant Investor Program. Both countries introduced Golden Visas in 2012, as did Spain, as they struggled to recover from the global financial crisis. The aim was to prevent banking collapse by
Spanish Residency Certificates Visas & TIE
If you’re not a Spanish citizen and want to live in Spain, you have to obtain Spanish residency. The process that you have to follow to get Spanish residency depends on your nationality, whether you are from an EU country, and if not, what you plan to do whilst you are a Spanish resident. Nationals
Private Medical Insurance for Spanish Visas & Residency
A Private Medical insurance policy for Spanish visas and residency has to provide a level of healthcare cover equivalent to that provided by the state healthcare system. For a lot of private medical insurance providers this will mean taking out their top level fully comprehensive policy. Co-payments policies that have much lower monthly or annual
Goodbye Wealth Tax Hello Large Fortune Tax
Andalucía has become one the top 3 regions in Spain with the least taxes. On the 21st September 2021, the regional president, Juanma Moreno, announced the scrapping of Wealth Tax in Andalucía. The tax has accounted for just 0.6% of income for the regional government (€95m annually), and Moreno believes the change will have a
Non Residents Property Tax
Aside from Local (IBI), Capital Gains, Wealth and Inheritance Taxes, non residents must pay tax on any income they receive that arises in Spain. Income tax for non-residents is charged at a fixed rate of 19% if you are a resident in an EU or EEA country For non-residents from the rest of the world,
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