{"id":1699,"date":"2024-02-06T11:55:11","date_gmt":"2024-02-06T09:55:11","guid":{"rendered":"https:\/\/pascualasesores.com\/advice-on-model-720\/"},"modified":"2024-02-07T11:32:49","modified_gmt":"2024-02-07T09:32:49","slug":"advice-on-model-720","status":"publish","type":"page","link":"https:\/\/pascualasesores.com\/en\/advice-on-model-720\/","title":{"rendered":"Advice on Model 720"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"1699\" class=\"elementor elementor-1699 elementor-1642\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5422086a elementor-reverse-mobile elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5422086a\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;shape_divider_bottom&quot;:&quot;tilt&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t<div class=\"elementor-shape elementor-shape-bottom\" aria-hidden=\"true\" data-negative=\"false\">\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 1000 100\" preserveAspectRatio=\"none\">\n\t<path class=\"elementor-shape-fill\" d=\"M0,6V0h1000v100L0,6z\"\/>\n<\/svg>\t\t<\/div>\n\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-wider\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5774a2b8\" data-id=\"5774a2b8\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-b47772f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b47772f\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-261d2fb7\" data-id=\"261d2fb7\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4b336917 elementor-icon-list--layout-inline elementor-align-start elementor-mobile-align-start elementor-list-item-link-full_width elementor-invisible elementor-widget elementor-widget-icon-list\" data-id=\"4b336917\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInLeft&quot;}\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items elementor-inline-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-inline-item\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Declaration of assets abroad - AEAT Form 720<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5bf0317a elementor-invisible elementor-widget elementor-widget-heading\" data-id=\"5bf0317a\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInLeft&quot;,&quot;_animation_delay&quot;:600}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Advice on filing form 720<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5077c77f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5077c77f\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-wider\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-7d2b3c0\" data-id=\"7d2b3c0\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-435c678f elementor-widget__width-auto elementor-absolute elementor-widget elementor-widget-icon-box\" data-id=\"435c678f\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_position&quot;:&quot;absolute&quot;}\" data-widget_type=\"icon-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-box-wrapper\">\n\n\t\t\t\n\t\t\t\t\t\t<div class=\"elementor-icon-box-content\">\n\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-icon-box-title\">\n\t\t\t\t\t\t<span  >\n\t\t\t\t\t\t\tFrancisco Repiso\t\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<p class=\"elementor-icon-box-description\">\n\t\t\t\t\t\tHead of the firm\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7e46bfc7 elementor-widget-tablet__width-initial elementor-widget elementor-widget-image\" data-id=\"7e46bfc7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1000\" height=\"1371\" src=\"https:\/\/pascualasesores.com\/wp-content\/uploads\/2023\/10\/declaracion-renta-malaga.webp\" class=\"attachment-full size-full wp-image-1021\" alt=\"asesor declaracion de la renta malaga\" srcset=\"https:\/\/pascualasesores.com\/wp-content\/uploads\/2023\/10\/declaracion-renta-malaga.webp 1000w, https:\/\/pascualasesores.com\/wp-content\/uploads\/2023\/10\/declaracion-renta-malaga-219x300.webp 219w, https:\/\/pascualasesores.com\/wp-content\/uploads\/2023\/10\/declaracion-renta-malaga-747x1024.webp 747w, https:\/\/pascualasesores.com\/wp-content\/uploads\/2023\/10\/declaracion-renta-malaga-768x1053.webp 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-7c69d4dd\" data-id=\"7c69d4dd\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-16890ac2 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"16890ac2\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-wider\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-7ad27816\" data-id=\"7ad27816\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-61a0da03 elementor-widget__width-auto elementor-widget elementor-widget-heading\" data-id=\"61a0da03\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-heading-title elementor-size-default\">More than 30 years of experience<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7f84fd11 elementor-widget elementor-widget-heading\" data-id=\"7f84fd11\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Filing the correct form 720 with expert supervision<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-23be39b elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"23be39b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6f1b51e6 elementor-widget elementor-widget-text-editor\" data-id=\"6f1b51e6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>With <strong>more than 30 years of experience advising on international taxation in Malaga<\/strong>, we understand that the 720 tax form, the declaration of assets abroad, represents a significant challenge for many taxpayers. The c<strong>omplexity of correctly reporting assets and rights located outside Spain<\/strong> gives rise to uncertainty and concerns about the possibility of making mistakes. At Pascual Asesores, we prioritise your interests and seek to protect you from possible sanctions.<\/p><p>The assistance of a professional advisor in the preparation of the 720 tax return is essential to <strong>avoid mistakes and ensure compliance<\/strong>, making the most of tax planning opportunities. It is crucial to recognise that the legislation relating to foreign asset declarations is complex and subject to changes, which may go unnoticed by the ordinary taxpayer. With the support of a specialised advisor, <strong>significant tax optimisation<\/strong> can be achieved, avoiding costly penalties and ensuring peace of mind.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-943873e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"943873e\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;shape_divider_top&quot;:&quot;tilt&quot;,&quot;shape_divider_bottom&quot;:&quot;tilt&quot;}\">\n\t\t\t\t\t<div class=\"elementor-shape elementor-shape-top\" aria-hidden=\"true\" data-negative=\"false\">\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 1000 100\" preserveAspectRatio=\"none\">\n\t<path class=\"elementor-shape-fill\" d=\"M0,6V0h1000v100L0,6z\"\/>\n<\/svg>\t\t<\/div>\n\t\t\t\t<div class=\"elementor-shape elementor-shape-bottom\" aria-hidden=\"true\" data-negative=\"false\">\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 1000 100\" preserveAspectRatio=\"none\">\n\t<path class=\"elementor-shape-fill\" d=\"M0,6V0h1000v100L0,6z\"\/>\n<\/svg>\t\t<\/div>\n\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-00b9385\" data-id=\"00b9385\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-173cd10 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"173cd10\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5eddd49 elementor-widget elementor-widget-shortcode\" data-id=\"5eddd49\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"shortcode.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-shortcode\">\t\t<div data-elementor-type=\"section\" data-elementor-id=\"1432\" class=\"elementor elementor-1432 elementor-1398 elementor-1398\" data-elementor-post-type=\"elementor_library\">\n\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ab3d97d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ab3d97d\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-426b44b\" data-id=\"426b44b\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-809ce6d elementor-widget__width-initial elementor-widget-mobile__width-inherit elementor-widget elementor-widget-image\" data-id=\"809ce6d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"500\" height=\"702\" src=\"https:\/\/pascualasesores.com\/wp-content\/uploads\/2023\/10\/asesoria-pascual.jpg\" class=\"attachment-large size-large wp-image-970\" alt=\"pascual asesores asesoria malaga centro\" srcset=\"https:\/\/pascualasesores.com\/wp-content\/uploads\/2023\/10\/asesoria-pascual.jpg 500w, https:\/\/pascualasesores.com\/wp-content\/uploads\/2023\/10\/asesoria-pascual-214x300.jpg 214w\" sizes=\"(max-width: 500px) 100vw, 500px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-989252b elementor-widget elementor-widget-spacer\" data-id=\"989252b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-9029b31\" data-id=\"9029b31\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7c023bf elementor-widget elementor-widget-spacer\" data-id=\"7c023bf\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bdee61a elementor-widget__width-initial elementor-widget elementor-widget-heading\" data-id=\"bdee61a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-heading-title elementor-size-default\">Clients who<br>recommend us<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9b4cf2b elementor-widget__width-initial elementor-widget elementor-widget-html\" data-id=\"9b4cf2b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<script defer async src='https:\/\/cdn.trustindex.io\/loader.js?cec1de75340b277a49530be036'><\/script>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3d901c3 elementor-widget elementor-widget-html\" data-id=\"3d901c3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<script type=\"application\/ld+json\">{\n\"@context\": \"https:\/\/schema.org\/\",\n\"@type\": \"CreativeWorkSeries\",\n\"name\": \"Asesor\u00eda en M\u00e1laga - Pascual Asesores\",\n\"aggregateRating\": {\n\"@type\": \"AggregateRating\",\n\"ratingValue\": \"5\",\n\"bestRating\": \"5\",\n\"ratingCount\": \"59\"\n}\n}<\/script>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-8df380c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8df380c\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-8bcf6a1\" data-id=\"8bcf6a1\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-be8599d elementor-hidden-mobile elementor-widget elementor-widget-image\" data-id=\"be8599d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1269\" height=\"121\" src=\"https:\/\/pascualasesores.com\/wp-content\/uploads\/2023\/10\/clientes-pascual-asesores.png\" class=\"attachment-full size-full wp-image-2082\" alt=\"pascual asesores asesoria\" srcset=\"https:\/\/pascualasesores.com\/wp-content\/uploads\/2023\/10\/clientes-pascual-asesores.png 1269w, https:\/\/pascualasesores.com\/wp-content\/uploads\/2023\/10\/clientes-pascual-asesores-300x29.png 300w, https:\/\/pascualasesores.com\/wp-content\/uploads\/2023\/10\/clientes-pascual-asesores-1024x98.png 1024w, https:\/\/pascualasesores.com\/wp-content\/uploads\/2023\/10\/clientes-pascual-asesores-768x73.png 768w\" sizes=\"(max-width: 1269px) 100vw, 1269px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a2523b0 elementor-hidden-desktop elementor-hidden-tablet elementor-widget elementor-widget-image\" data-id=\"a2523b0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"410\" height=\"423\" src=\"https:\/\/pascualasesores.com\/wp-content\/uploads\/2023\/10\/clientes-pascual-asesores-mov.png\" class=\"attachment-full size-full wp-image-2121\" alt=\"\" srcset=\"https:\/\/pascualasesores.com\/wp-content\/uploads\/2023\/10\/clientes-pascual-asesores-mov.png 410w, https:\/\/pascualasesores.com\/wp-content\/uploads\/2023\/10\/clientes-pascual-asesores-mov-291x300.png 291w\" sizes=\"(max-width: 410px) 100vw, 410px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d56a3e6 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d56a3e6\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-159c21a\" data-id=\"159c21a\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-44ed93e elementor-widget elementor-widget-heading\" data-id=\"44ed93e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Advice on declaring assets abroad<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5466c6b elementor-widget elementor-widget-heading\" data-id=\"5466c6b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Frequently asked questions about Form 720<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7e78973 elementor-widget elementor-widget-accordion\" data-id=\"7e78973\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-1321\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-1321\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">What is the 720 model?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-1321\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-1321\"><p>Form 720 is an <strong>informative declaration<\/strong> (No payment required) on assets and rights located abroad, which must be filed by individuals and legal entities resident in Spain with the State Tax Administration Agency (Agencia Estatal de Administraci\u00f3n Tributaria, AEAT).<\/p>\n<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-1322\" class=\"elementor-tab-title\" data-tab=\"2\" role=\"button\" aria-controls=\"elementor-tab-content-1322\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">Who is obliged to file form 720?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-1322\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"2\" role=\"region\" aria-labelledby=\"elementor-tab-title-1322\"><p>This declaration is <strong>compulsory<\/strong> for those who own or hold assets abroad <strong>whose combined value exceeds 50,000 euros<\/strong>.<\/p>\n<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-1323\" class=\"elementor-tab-title\" data-tab=\"3\" role=\"button\" aria-controls=\"elementor-tab-content-1323\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">What should be declared?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-1323\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"3\" role=\"region\" aria-labelledby=\"elementor-tab-title-1323\"><ul>\n<li><strong>Accounts in financial institutions located outside Spain<\/strong>: Any account in which the taxpayer is the holder, representative, authorised or beneficiary, or in which he\/she has powers of disposal, must be reported.<\/li>\n<li><strong>Securities, rights, insurance and annuities:<\/strong>This includes shares, debentures, equity securities of any type of entity, as well as rights to any type of life or disability insurance, or temporary or life annuities of which they are holders as a result of the delivery of capital in cash, movable or immovable property.<\/li>\n<li><strong>Immovable property and rights over immovable property located abroad<\/strong>: This refers to any immovable property or real right (such as usufruct) over property located outside Spain.<\/li>\n<\/ul>\n<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-1324\" class=\"elementor-tab-title\" data-tab=\"4\" role=\"button\" aria-controls=\"elementor-tab-content-1324\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">When do I have to file Form 720?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-1324\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"4\" role=\"region\" aria-labelledby=\"elementor-tab-title-1324\"><p>Form 720 must be filed in the <strong>first quarter of the year<\/strong>, i.e. between 1 January and 31 March, in respect of the information for the previous tax year. Therefore, taxpayers who are obliged to report assets and rights located abroad <strong>the combined value of which exceeds 50,000 euros<\/strong> in any of the specified categories (accounts with financial institutions, securities, rights, insurance and annuities, and real estate and rights to real estate located outside Spain) must comply with this obligation within that period.<\/p>\n<p>It is important to bear in mind that <strong>this declaration is for information purposes<\/strong> and its filing is carried out telematically through the website of the State Tax Administration Agency (AEAT). In addition, <strong>it is only necessary to file form 720 again in subsequent years.<\/strong> if new goods are acquired or <strong>rights that meet the criteria for declaration<\/strong>or if the value of those already declared is <strong>increases by more than 20,000 euros<\/strong> with respect to those previously declared.<\/p>\n<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-1325\" class=\"elementor-tab-title\" data-tab=\"5\" role=\"button\" aria-controls=\"elementor-tab-content-1325\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">What are the repercussions of not submitting the Form 720?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-1325\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"5\" role=\"region\" aria-labelledby=\"elementor-tab-title-1325\"><p>Failure to deliver this model has two types of severe repercussions:<\/p>\n<p><strong>Penalties for non-declaration.<\/strong><\/p>\n<ul>\n<li><strong>Penalty of \u20ac5,000<\/strong> for each missing, incomplete, inaccurate or false item of information or set of information, <strong>with a minimum penalty of \u20ac10,000<\/strong>.<\/li>\n<li>Penalty of <strong>\u20ac100 for each item of data<\/strong> or set of data, with a <strong>minimum penalty of \u20ac1,500<\/strong>, in cases where the declaration is made after the established deadline without a prior request from the Tax Administration.<\/li>\n<\/ul>\n<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the 720 model?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<p>Form 720 is an <strong>informative declaration<\\\/strong> (No payment required) on assets and rights located abroad, which must be filed by individuals and legal entities resident in Spain with the State Tax Administration Agency (Agencia Estatal de Administraci\\u00f3n Tributaria, AEAT).<\\\/p>\\n\"}},{\"@type\":\"Question\",\"name\":\"Who is obliged to file form 720?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<p>This declaration is <strong>compulsory<\\\/strong> for those who own or hold assets abroad <strong>whose combined value exceeds 50,000 euros<\\\/strong>.<\\\/p>\\n\"}},{\"@type\":\"Question\",\"name\":\"What should be declared?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<ul>\\n<li><strong>Accounts in financial institutions located outside Spain<\\\/strong>: Any account in which the taxpayer is the holder, representative, authorised or beneficiary, or in which he\\\/she has powers of disposal, must be reported.<\\\/li>\\n<li><strong>Securities, rights, insurance and annuities:<\\\/strong>This includes shares, debentures, equity securities of any type of entity, as well as rights to any type of life or disability insurance, or temporary or life annuities of which they are holders as a result of the delivery of capital in cash, movable or immovable property.<\\\/li>\\n<li><strong>Immovable property and rights over immovable property located abroad<\\\/strong>: This refers to any immovable property or real right (such as usufruct) over property located outside Spain.<\\\/li>\\n<\\\/ul>\\n\"}},{\"@type\":\"Question\",\"name\":\"When do I have to file Form 720?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<p>Form 720 must be filed in the <strong>first quarter of the year<\\\/strong>, i.e. between 1 January and 31 March, in respect of the information for the previous tax year. Therefore, taxpayers who are obliged to report assets and rights located abroad <strong>the combined value of which exceeds 50,000 euros<\\\/strong> in any of the specified categories (accounts with financial institutions, securities, rights, insurance and annuities, and real estate and rights to real estate located outside Spain) must comply with this obligation within that period.<\\\/p>\\n<p>It is important to bear in mind that <strong>this declaration is for information purposes<\\\/strong> and its filing is carried out telematically through the website of the State Tax Administration Agency (AEAT). In addition, <strong>it is only necessary to file form 720 again in subsequent years.<\\\/strong> if new goods are acquired or <strong>rights that meet the criteria for declaration<\\\/strong>or if the value of those already declared is <strong>increases by more than 20,000 euros<\\\/strong> with respect to those previously declared.<\\\/p>\\n\"}},{\"@type\":\"Question\",\"name\":\"What are the repercussions of not submitting the Form 720?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<p>Failure to deliver this model has two types of severe repercussions:<\\\/p>\\n<p><strong>Penalties for non-declaration.<\\\/strong><\\\/p>\\n<ul>\\n<li><strong>Penalty of \\u20ac5,000<\\\/strong> for each missing, incomplete, inaccurate or false item of information or set of information, <strong>with a minimum penalty of \\u20ac10,000<\\\/strong>.<\\\/li>\\n<li>Penalty of <strong>\\u20ac100 for each item of data<\\\/strong> or set of data, with a <strong>minimum penalty of \\u20ac1,500<\\\/strong>, in cases where the declaration is made after the established deadline without a prior request from the Tax Administration.<\\\/li>\\n<\\\/ul>\\n\"}}]}<\/script>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ed9e3c6 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"ed9e3c6\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a49fb13\" data-id=\"a49fb13\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e10a875 elementor-widget elementor-widget-shortcode\" data-id=\"e10a875\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"shortcode.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-shortcode\">\t\t<div data-elementor-type=\"section\" data-elementor-id=\"1073\" class=\"elementor elementor-1073 elementor-538 elementor-538\" data-elementor-post-type=\"elementor_library\">\n\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d602c58 elementor-reverse-tablet elementor-reverse-mobile elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d602c58\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-wider\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-46dcb4c\" data-id=\"46dcb4c\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5c602f9 elementor-widget__width-initial elementor-widget-mobile__width-inherit elementor-widget elementor-widget-image\" data-id=\"5c602f9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"500\" height=\"702\" src=\"https:\/\/pascualasesores.com\/wp-content\/uploads\/2023\/10\/pascual-asesores-advisors-2.jpg\" class=\"attachment-large size-large wp-image-1286\" alt=\"pascual asesores advisors malaga center\" srcset=\"https:\/\/pascualasesores.com\/wp-content\/uploads\/2023\/10\/pascual-asesores-advisors-2.jpg 500w, https:\/\/pascualasesores.com\/wp-content\/uploads\/2023\/10\/pascual-asesores-advisors-2-214x300.jpg 214w\" sizes=\"(max-width: 500px) 100vw, 500px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d8042d8 elementor-widget__width-initial elementor-widget-mobile__width-inherit elementor-widget elementor-widget-image\" data-id=\"d8042d8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"500\" height=\"702\" src=\"https:\/\/pascualasesores.com\/wp-content\/uploads\/2023\/10\/pascual-asesores-advisors-1.jpg\" class=\"attachment-large size-large wp-image-1284\" alt=\"pascual asesores advisors malaga\" srcset=\"https:\/\/pascualasesores.com\/wp-content\/uploads\/2023\/10\/pascual-asesores-advisors-1.jpg 500w, https:\/\/pascualasesores.com\/wp-content\/uploads\/2023\/10\/pascual-asesores-advisors-1-214x300.jpg 214w\" sizes=\"(max-width: 500px) 100vw, 500px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-cc386e9\" data-id=\"cc386e9\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-f7781fc elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f7781fc\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-e2a965b\" data-id=\"e2a965b\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-766e6ac elementor-widget__width-auto elementor-widget elementor-widget-heading\" data-id=\"766e6ac\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Free consultation<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-624319e elementor-widget elementor-widget-heading\" data-id=\"624319e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-heading-title elementor-size-default\">Advice to companies, self-employed and 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&#8211; AEAT Form 720 Advice on filing form 720 Francisco Repiso Head of the firm More than 30 years of experience Filing the correct form 720 with expert supervision With more than 30 years of experience advising on international taxation in Malaga, we understand that the 720 tax form, the declaration &#8230; <a title=\"Advice on Model 720\" class=\"read-more\" href=\"https:\/\/pascualasesores.com\/en\/advice-on-model-720\/\" aria-label=\"Read more about Advice on Model 720\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":1645,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-1699","page","type-page","status-publish","has-post-thumbnail"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Advice for Model 720 | Declaration of Assets Abroad<\/title>\n<meta name=\"description\" content=\"We 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