Modelo 720 Obligation Checker
Enter the values as of 31 December of the tax year you want to check
Category A — Foreign bank accounts
Current, savings and securities accounts at financial institutions located outside Spain
Category B — Securities, insurance and annuities abroad
Shares, funds, ETFs, life insurance, foreign pension plans held at overseas institutions
Category C — Foreign real estate
Apartments, houses, land or real rights over immovable property outside Spain
Have you filed Modelo 720 before?
Obligation check result
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Filing deadline
1 January – 31 March of the year following the tax year declared
Penalty regime (post Ley 5/2022)
€5,000 per omitted data item, minimum €10,000 per category (LGT arts. 198-199). Spain's Law 5/2022 removed the disproportionate non-justified capital gains presumption and imprescriptibility that the CJEU (C-788/19, Jan 2022) and the Constitutional Court (STC 26/2017) declared contrary to EU law. Formal penalties remain in force.
No category exceeds €50,000 or the €20,000 increase threshold compared with your last declaration. If your asset values change before 31 December, re-check your obligation.
Need help filing your Modelo 720?
BMC specialists in international tax manage your Modelo 720 filing, verify each category's values and help you avoid errors that trigger penalties. Book before 31 March.
Book a Modelo 720 callIndicative result based on the data entered. Does not replace individual tax advice.