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
Are you certain of you interpretation Mark? The linked document refers to “exceeding 50000€ for each TYPE of asset”, so perhaps a bank account is a “type of asset” and if you had two totalling 98000€ you’d be obliged to declare both of them, since for the TYPE of asset you hold in excess of 50000€.
Plus the ludicrous “average value over the last quarter of the year” that has to be declared; how does one calculate THAT for assets held in shares??