Re: Re: British expats must declare overseas assets

Profile photo of GarySFBCN

@mark wrote:

@laconcha wrote:
If a husband and wife jointly own a property in the UK jointly worth £60,000, does that count as £30,000 each?

Nope. Both would have to declare the property to the Spanish tax authorities on the 720 form.

The only exception may be if one of them is not a fiscal resident of Spain.