Spanish Property Insight › Forums › Spanish Property Forums › Property Questions & Answers › Declaring foreign bank accounts to the Spanish government › Re: Re: Declaring foreign bank accounts to the Spanish governmen
Latest news is you only have to declare bank accounts and assets abroad if they have a value of €50,000 or more. So if you have 2 bank accounts, both with just €49,000 each in them, total €98,000, you don’t have to declare either of them.
But if you have a property worth €100,000 in the UK, for example, then you are obliged to declare that (if you are resident in Spain, of course)
I don’t think this is law yet, but it is in a Government press release