Spain

Spain is a Southern Europe jurisdiction with a standard worldwide income tax regime applicable to tax residents. Personal income tax rates range from 19% to 47%. The standard corporate income tax rate is 25%. Capital gains are taxed at 28%.

Tax residency in Spain is generally triggered by physical presence exceeding 183 days in a calendar year. The jurisdiction offers a digital nomad visa for qualifying individuals As an EU member state, Spain offers residents access to the single market and an EU passport.

Account opening in Spain can be challenging for foreign nationals or non-resident businesses, and enhanced due diligence is common practice. Spain is a member of the Financial Action Task Force (FATF) and meets its anti-money-laundering standards. EU tax blacklist status: not_listed. Structures involving this jurisdiction may attract additional scrutiny or reporting obligations under EU member state rules.

Tax residency in Spain is generally triggered by physical presence exceeding 183 days in a calendar year. Foreign income treatment: unknown. Controlled Foreign Corporation (CFC) rules are in force. Residents who own or control foreign entities may face attribution of that entity's undistributed profits under local anti-avoidance provisions.

Beckham Law (SEPI/LIRNRSP): 24% flat on Spanish income for 6 years for qualifying expats. Digital Nomad Visa launched Jan 2023 (Ley de Startups). Real estate golden visa abolished April 2024; other investment routes remain. Non-lucrative residence visa available for passive income holders.

The standard corporate income tax rate is 25%. Establishing a legal presence here involves a higher degree of administrative complexity, often requiring local legal assistance.

Account opening in Spain can be challenging for foreign nationals or non-resident businesses, and enhanced due diligence is common practice. Internet infrastructure is excellent, with widespread fibre broadband and reliable mobile connectivity across urban and suburban areas.

Spain is a member of the Financial Action Task Force (FATF) and meets its anti-money-laundering standards. EU tax blacklist status: not_listed. Structures involving this jurisdiction may attract additional scrutiny or reporting obligations under EU member state rules.

Based on our scoring model, Spain ranks highest for Digital Nomad and High Net Worth Individual. It offers a reasonable proposition for digital nomad (score: 58/100). It offers a reasonable proposition for high net worth individual (score: 56/100).