{"id":1394,"date":"2026-06-26T14:29:57","date_gmt":"2026-06-26T12:29:57","guid":{"rendered":"https:\/\/www.rieraconsulting.es\/form-720-declaration-of-assets-abroad\/"},"modified":"2026-09-30T09:47:13","modified_gmt":"2026-09-30T07:47:13","slug":"form-720-declaration-of-assets-abroad","status":"publish","type":"page","link":"https:\/\/www.rieraconsulting.es\/en\/digital-nomads\/form-720-declaration-of-assets-abroad\/","title":{"rendered":"Form 720: Declaration of Assets Abroad"},"content":{"rendered":"
\n\t
\n\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\t<\/svg>Digital Nomads \u00b7 Model 720<\/a>\n\t\t\t\t\t\t\t\t\t\t

Assets Abroad: Report Them Correctly, Without Fear.<\/em><\/h1>\n\t\t\t\t\t\t\t

Form 720 remains mandatory for anyone who is a tax resident of Spain and has accounts, securities, or real estate abroad worth more than \u20ac50,000. The CJEU ruling of January 27, 2022, overturned the disproportionate penalty regime: the obligation remains, but there are no longer confiscatory fines. We\u2019ll help you comply thoroughly and smoothly. <\/p>\n\t\t\t\t\t\t

\n\t\t\t\tReview my case<\/svg><\/a>Talk to a lawyer<\/a>\t\t\t<\/div>\n\t\t<\/div>\n\t\t
\n\t\t\t\"\"\n\t\t<\/div>\n\t<\/div>\n<\/section>\n
\n\t
\n\t\t\t\t\t
\n\t\t\t\t
0<\/span>K \u20ac<\/span><\/div>\n\t\t\t\t
Threshold by asset block<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t
\n\t\t\t\t
0<\/span><\/div>\n\t\t\t\t
Categories of Goods<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t
\n\t\t\t\t
0<\/span>\/03<\/span><\/div>\n\t\t\t\t
Submission Deadline<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t
\n\t\t\t\t
0<\/span>+<\/span><\/div>\n\t\t\t\t
Years of specialization<\/div>\n\t\t\t<\/div>\n\t\t\t<\/div>\n<\/section>\n
\n\t
\n\t\t
\n\t\t\t\t\t\t\t
The Challenge<\/div>\n\t\t\t\t\t\t

Deliver without overdoing it or falling short.<\/em><\/h2>\n\t\t<\/div>\n\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\t

Form 720 requires the reporting of accounts, securities, insurance policies, and real estate located abroad when the value of each category exceeds \u20ac50,000. The return must be filed between January 1 and March 31 of the following year, and it need only be refiled if there are significant changes from what was previously reported. <\/p>\n\t\t\t\t\t\t\t\t\t

Following the CJEU ruling in January 2022, disproportionate penalties were eliminated, but the obligation to file a tax return remains fully in effect<\/strong>. The problem today is not the penalty: it is overreporting, miscalculating, or failing to update one\u2019s tax return following a sale or an inheritance. <\/p>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t