Europe
Spain: tax at a glance
This is a high-tax residence-based system, combining state and regional (autonomous community) income tax with a regional wealth tax and a national solidarity tax on large fortunes. The Beckham regime, though, offers new arrivals a 24% flat rate.
Worldwide (residence-based)
Last verified
Ways to relocate to Spain
The residency and citizenship routes that lead here, weighed against the tax picture above.
The taxes
- Personal income (top)
- 47%Progressive. The combined state and regional headline rate is around 47%, but effective top rates run ~45–54% depending on region, highest in Catalonia/Valencia and lower in Madrid/Andalucía.
- Corporate income
- 25%
- Capital gains
- A savings-income scale of 19–30%, with the top 30% applying to gains above EUR 300k.
- VAT / IVA
- 21%
- Dividends (WHT)
- 19%
- Interest (WHT)
- 19%
- Royalties (WHT)
- 24%, or 19% for EU residents.
- Social security (employee)
- ~6.5%
- Social security (employer)
- ~30%
- Wealth tax
- 0.2–3.5%, set regionally, with a EUR 700k allowance. In Madrid and Andalucía it is effectively 0%.
- Inheritance / estate
- Yes, and regional. The headline rate runs up to ~34%, though close family members get large reductions.
- Property tax
- IBI, a municipal tax, runs around 0.4–1.1% of cadastral value.
- Other
- A solidarity tax on large fortunes, 1.7–3.5% on net wealth above EUR 3m.
How the system works
- Tax system
- Worldwide (residence-based)
- Foreign income
- Taxed (worldwide)
- Taxes by citizenship
- No
- Exit tax
- Yes, leaving has a cost
- CFC rules
- Yes
- CRS
- Participating
A special regime for new arrivals
The Beckham Law, under Art. 93 LIRPF, taxes Spanish employment income at a flat 24% up to EUR 600k, and 47% above that, for 6 years.
The rates below are indicative headline figures (top marginal, standard, and headline rates), reviewed 2026-07. Brackets, surcharges, and state, provincial or cantonal taxes vary. Treat this as a reference map, not advice.
Sources (2)
Secondary references