SIPP taxation
 

I have been searching the forum and find conflicting information regarding taxation of SIPPs in Spain

Here is the scenario;
59 years old, so can access SIPP. SIPP is growing in value ~ 5-10% per year from capital gains and dividends on shares.
Want to retire in Spain. I realize that any withdrawal from SIPP will attract taxation by Spain.

My questions;

1) If move to Spain, do I need to include the SIPP value on Modelo 720 wealth declaration?
2) Are the capital gains and dividends from growth every year in the SIPP taxable in Spain.

I realize this has been talked about before. Hoping to hear from someone in a similar situation, and also a recommendation on an advisor ( reply or pm ) would be welcome.

Re: SIPP taxation
 

(1) - yes, must be declared if over 50k

(2) if you physically withdraw any funds, then these are taxable. If the funds are not in a "Spanish wrapper", then any growth may attract tax. Within a Spanish wrapper, the growth doesn't.