Did you know you still have to file taxes in the US when you move to Spain?
A lot of people are surprised by this. And some who move abroad are unaware and go years without filing their taxes, putting themselves at risk of getting fined. š±Ā
That's why we think it's so important to include a module in the course that covers your tax responsibilities as a US citizen living abroad.Ā
Watch this sneak peek from our course, where Allen, our partner from Greenback Taxes, talks about continuing to file US taxes while abroad.Ā
We are currently working on the Spanish taxes module of our course.
So, we thought it would be a great opportunity to answer one of the most commonly asked questions: "Do I need to pay taxes in Spain?"Ā
The short answer isĀ most likely.Ā
For your first year here it will depend on what date you arrive, but from then on you will likely be doing your taxes in Spain.Ā
This is becauseĀ the majority of visas will require you toĀ be presentĀ in Spain long enough to become a tax resident.Ā
But there is one common exception!
Watch the sneak peek videoĀ above to learn more from Flor,Ā our Spanish tax expert for the course.Ā
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