News and information from Spain
International Edition - March 2021
Welcome to the March issue of 'The Word on the Street'. This is your monthly news and information from Spain provided by Ábaco Advisers. We hope to keep you in touch with the news, events and just a little bit of gossip.
It’s time to think about inheritance

It’s a difficult subject but with so much time on our hands, many people have been asking us questions about the best way of dealing with inheritance issues and what they should do next. We’ve put together these articles to help answer your questions. Although every enquiry is different, there are some general guidelines that we can offer for those who are not familiar with the Spanish system.
Understanding the Spanish inheritance process
Understanding the inheritance process in Spain

Not every country follows the same procedures once someone dies. For example, in Spain there is no automatic transfer of property, even between spouses. Because of this and other differences that there are, it’s important that you take advice and alert your inheritors to what they can expect. In this article we outline what the Spanish inheritance process is and offer a personalised assessment to help you clarify the implications for you and your family:

Inheritance tax in Spain - advice for inheritors
Inheritance tax in Spain

One of the main concerns that people have is just how much inheritance tax there will be to pay on a property they inherit and when this must be paid. In this article we explain the process from the point of view of the person inheriting property. We refer to five steps that you should take irrespective of what your long term intentions are for the property:

Inheritance tax in Spain – advice for inheritors
Making a resident tax declaration in Spain
Residen tax declarations

It’s that time of year again. The majority of residents in Spain must present an annual
tax declaration before 30 th June. For most residents this is a Spanish tax law
requirement. It can also be beneficial as it provides evidence of your income and you
can use it to prove your fiscal residency.
In this article we explain what the requirements are, who should make one and why:
Spanish tax forms foreigners need to complete to avoid penalties
Time’s ticking on the 720 deadline

Do you need to amend your 720 asset declaration form? Are you newly arrived in
Spain and need to make one? Either way, time is running out as the deadline for this
is March 31 st . If you are now likely to miss it you can still submit it late with a minimal
amount of penalty. Much less than if you choose not to declare your assets at all and
are found out by the authorities.
This article explains about the Modelo 720 along with some other very important
forms that you need to complete:
In this article we outline who must compete the form and the reasons why you might
need to update yours:

It’s time to file your Modelo 720 form in Spain

It’s March and so it’s time for the next issue of our ÁbacoClub magazine. This will be
the third magazine since we launched the club and we are looking forward to sharing
this special mix of articles about how to enjoy Spain, with you very shortly.

You can see the previous two issues here: 

And find out more about the advantages of being an ÁbacoClub member here:
Living in Los Alcazares Spain: The 2021 Guide
Finding out about Los Alcazares

Situated in the Costa Calida, you’ll find the picturesque coastal town of Los
Alcazares. There’s a popular, busy little centre with all the services you’d expect
whilst it also boasts attractive beaches and safe bathing. In this article, David Ruiz
explains more about it and why you might pick this part of Spain to live or holiday in:

Spain update day 379 - Problem? What problem?
Stuart still talks

During the early months of lockdown we provided a weekly bulletin of what Stuart of
Spain Speaks has to say about the crisis. We haven’t mentioned him recently but he
is still producing regular updates of the situation in Spain for English speakers. This
is Spain update day 379 in which he talks about the border restrictions and ‘partying’
in Madrid:
Sitges in English
Sitges in English

The website Spain in English would like to introduce you to their new venture ‘Sitges
in English’. As you might expect this is most relevant for anyone with interest in
Sitges near Barcelona, Catalonia:

This now joins Valencia in English as part of the Spain in English collection focussing
on more local news: 

In Search of a Rural Paradise
Books about Spain

Spain in English has just launched a page on which it intends to review and report on
books about Spain including fiction and non-fiction. The first book they cover is ‘The
Crinkle Crankle Wall: Our First Year in Andalusia’ and you can read an extract from
the book to decide whether it’s one for you. They also invite you to submit your own
recommendations and/ or reviews:

Bronze age burial site in Spain suggests women were among rulers
Women were in charge in Murcia?

Not at the moment perhaps, but a burial site found in Murcia suggests that women
may have had the dominating role. The remains show that women seemed to have
more than their share of the wealth and status, leading to speculation that they were
in fact in charge. It might be guess work but it’s an interesting thought:

Bronze age burial site in Spain suggests women were among rulers
13 Ways to Find Free Books
Fuelling your reading habit

If you enjoy a good book but don’t want to spend too much on your hobby then you
might be interested in this article from Money Saver Spain. They provide 13
suggestions for how you can get hold of a good read without having to pay for it:

13 Ways to Find Free Books
Capa’s image from the Spanish civil war helps tenants find new life, 85 years on
An unusual success for photo journalism

A photo can become a priceless historical record. The picture of 10 Peironcely Street
was taken towards the end of 1936 and shows children playing happily in front their
house, badly damaged by bombs dropped on Madrid. Now, the families still living in
the flats have been rehoused and this epic building will become a cultural centre
rather than a squalid tenement block.

As the rehoused tenants point out, had it not been for the photographer Robert
Capa, would they ever have been noticed at all?:

Antoni Campañà: the reluctant Civil War photographer
More photos that tell a tale

Another photographer who has captured the spirit, despair, determination and
poverty surrounding the civil war in Spain is Antoni Campañà. A new exhibition at the
National Museum of Art of Catalonia is now displaying pictures from everyday life
during the war years.

You can read this Guardian article about the photos here:

And see some of the photos displayed in the Guardian gallery:

Antoni Campañà: the reluctant Civil War photographer
Speak like a local: Ten very useful Spanish expressions with the word ‘water’
Water words to improve your Spanish

The Local provides us with ten Spanish phrases that make reference to water or
‘agua’. Some useful expressions to throw into your everyday Spanish:

Speak like a local: Ten very useful Spanish expressions with the word ‘water’
Multi-Currency Accounts And Cards
Multi-currency accounts and cards

If you are fed up of the commission you are charged when making an international
purchase, then you might want to take a look at this article, again in Money Saver
Spain. They explain what the advantages of a multi-currency card can be when you
are making a purchase in a different currency. They also dispel some of the fears
you might have of using one of these. Worth taking a look to see if you might benefit:

Multi-Currency Accounts And Cards
Bright fireball on March 28th 2021 above north Andalucía
Andalucian fireball

Is it a bird? Is it a plane? No, apparently it is a fireball. Recorded above north
Andalucía on March 28 th you can watch it here:

What interests you?
What interests you?

We would welcome any suggestions for future themes you would like us to cover either in the newsletter or in an article on Spain Explained.

Please let us know by email at

Thank you!
Follow Us
Ábaco Advisers on Facebook Ábaco Advisers on LinkedIn Ábaco Advisers on Twitter Ábaco Advisers on Instagram Ábaco Advisers on YouTube Ábaco Advisers RSS
Share on Facebook Share on LinkedIn Share on Twitter
Contact Us

Phone: (+34) 96 670 3748



Based on Spanish data protection law 15/1999 of 12/13/1999 and data protection regulations U.E. 2016/679 we are informing you that your email address is in our automated records in order to provide you with services and information. The entity responsable for this is Ábaco Asesoría Legal y Fiscal, S.L.U. B-53402624 at C/Maria Parodi 8, 3º, 03181, Torrevieja, Alicante, Spain, EU. You have the right to access, rectify and delete the data as well as other rights that are explained in additional information. You can consult the additional and more detailed information on data protection on our website If you no longer want to receive information from us in the future you can unsubscribe by notifying us at or by contacting us at C/Maria Parodi 8, 3º, 03181, Torrevieja, Alicante, Spain.

This message and its attachments may contain confidential information and/ or legal rights. It is intended only for the person or entity who is indicated as the authorised recipient. If you receive this message by mistake you should not copy or disclose its content. Please delete it without checking or resubmitting it and notify the sender immediately. Thank you for your cooperation.

Please don't print this message unless you need to. Protecting the environment is our responsibility.

En base a la Ley Orgánica de Protección de Datos Española 15/1999 del 13/12/1999 y del Reglamento de Protección de Datos U.E. 2016/679 le comunicamos que su dirección de correo electrónico forma parte de nuestro fichero automatizado al objeto de prestarle los servicios e informaciones solicitadas. Le informamos que el responsable del tratamiento es Ábaco Asesoría Legal y Fiscal, S.L.U. B-53402624 con domicilio en C/Maria Parodi 8, 3º, 03181, Torrevieja, Alicante, España, U.E. Usted tiene derecho a acceder, rectificar y suprimir los datos, así como otros derechos como se explica en la información adicional. Puede consultar la información adicional y detallada sobre Protección de Datos en nuestra página web Si no desea en el futuro seguir recibiendo información puede darse de baja notificando al siguiente e-mail o en la dirección postal en C/Maria Parodi 8, 3º, 03181, Torrevieja, Alicante, España.

Este mensaje y sus anexos pueden contener información confidencial y/o con derecho legal. Está dirigido únicamente a la persona/s o entidad/es reseñadas como único destinatario autorizado. Si este mensaje le hubiera llegado por error, no deberá copiarlo ni divulgar su contenido. Por favor elimínelo sin revisarlo ni reenviarlo y notifíquelo inmediatamente al remitente. Gracias por su colaboración.

Antes de imprimir este mensaje, asegúrate de que es necesario. Proteger el medio ambiente está también en tu mano.