Europe · Iberia
Spain
A superb place to live and a punishing place to be wealthy: Spain abolished its Golden Visa in 2025 and levies a permanent solidarity tax of up to 3.5% on net wealth above EUR 3m, so the entry route and the tax bill now both point away from passive capital.
Tax position
- Income tax (top)
- up to roughly 47–54% combined state and regional, depending on autonomous community
- Capital gains
- savings income scale rising to 30% for gains above EUR 300,000 (19% / 21% / 23% / 27% / 30%)
- Wealth tax
- Impuesto sobre el Patrimonio (regional, EUR 700k exemption plus EUR 300k primary residence relief) PLUS the permanent state Solidarity Tax on Large Fortunes at 1.7% / 2.1% / 3.5% above EUR 3m
- Inheritance tax
- regional; effectively near-zero in Madrid and Andalucía for close family, up to 34% headline plus multipliers elsewhere
- Special regime
- Beckham Law (Art. 93 LIRPF): 24% flat on Spanish employment income to EUR 600k, 47% above, for 6 years
- Territorial
- No — worldwide income taxed
- CFC rules
- Yes
- Exit tax
- Yes — leaving has a cost
- CRS
- Participating
5 routes into Spain
Closed — listed so you do not chase them
Is Spain actually right for your family?
We will tell you if it is not. That is the whole service.