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Yes its a new law, if your resident in Spain for over 6 months you have to declare your world wide asset in Spain, The fine for not doing so is 10k euros and a smaller amount per undeclared asset after that Have a look on the Andalusia site , a good thread about it on there. _________________ No te cases con alguien con quien puedas vivir — cásate con la persona sin la cual no puedas vivir.
This doozy Spanish govenment will look at anything to raise money,ie tax on rent when you do not rent out;tax on income even when you do not work in Spain; and other things that I can't remember to stupid to mention, country is in big trouble !
Hope the Spanish govenement don't do a Cyprus on permament residents and convinscate 10% [tax] on your savings in Spanish bank's
strong rumors yesterday that ..SPAIN..and even ITALY ..may now go down the route of taking a percentage og savings and investement fron bank accounts..with large number of people ..in the so called know making cash withdrawals ..noticed any ques at cash machines
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