Attention all U.S. expats living in Spain! Are you aware of your fiscal obligations as an American citizen living abroad? Join us on Tuesday, March 28th at 6:30 PM for an informative and eye-opening event on the Fiscal Obligations of U.S. Expats in Spain. Our expert speakers will guide you through the ins and outs of tax filing, reporting requirements, and more. Don’t miss out on this essential information! RSVP now to secure your spot at Pg. de Gràcia, 85 – 3º. See you there!
Fiscal Obligations for U.S. Expats in Spain
As U.S. Citizen Expat in Spain, you have at least three different fiscal obligations in Spain and another two in the U.S.
As Spanish resident you must file the income tax return, Modelo 100 IRPF Impuesto de la renta de las personas físicas, Modelo 714 Impuesto de Patrimonio Wealth Tax and possibly the Solidarity Tax in 2022 and 2023, depending on the Autonomous Community and at the beginning of the year the Modelo 720 Declaración informativa de activos en el extranjero, which is a report of all kinds of assets outside Spain.
As U.S. Citizen you must file, the U.S. individual tax return, Form 1040, reporting your worldwide income and the FBAR (Foreign Bank Account Report), reporting all your financial accounts outside the U.S.