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V1741-20 ·2 June 2020 ·consulta-vinculante Medium impact
FISCAL

Declaration required if foreign property value increases by more than 20,000 euros

The consultant asks whether reporting is required for foreign real estate bare ownership after a valuation update. The DGT responds that a declaration is due when the total value exceeds 50,000 euros or when there is an increase of more than 20,000 euros compared to the previous declaration.

In 6 key points

Lifecycle

2020-06-02PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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