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Spain Tax Guide
EuropeLast verified June 2026Worldwide system
- Top income tax
- 47-54%
- Capital gains
- 19-30%
- Corporate
- 25%
- VAT / GST
- 21%
- Residency test
- 183 days
Progressive 19-47% state + regional variations (up to 54% in some autonomous communities like Catalonia/Valencia)
In short
- Spain combines excellent healthcare, fast internet, great food and climate, and a 24% flat Beckham regime for new arrivals.
- Beckham Law (Special Inbound Regime): 24% flat on Spanish salary up to €600,000, foreign income exempt (6 years).
- Watch out: Without Beckham the top rate reaches 47-54% with wealth tax in some regions, and immigration paperwork is slow.
Verified June 2026 · 2 sources
Recent changes
- 2026-10-28 correctionBeckham Law: Digital Nomad Visa holders qualify only as employees of a foreign employer; self-employed visa holders are taxed at ordinary rates.
- 2026-10-28 correctionExit tax: years under the Beckham regime do not count towards the 10-of-15-year residence test (art. 95 bis.8 LIRPF).
- 2026-10-27 law changeSolidarity wealth tax above €3M is in force indefinitely (Real Decreto-ley 8/2023), not only through 2026.
Best for
- Special regime available
Beckham Law (Special Inbound Regime) — Flat 24% tax on Spanish-source employment income up to €600,000 (47% above) for first 6 years; forei…
Personal Income Tax
Residency, rates, foreign income, capital gains, wealth and inheritance, special regimes+
Personal Income Tax
Residency, rates, foreign income, capital gains, wealth and inheritance, special regimesTax Residency
Income Tax Rates
Foreign Income Treatment
Investment Income
Savings income (capital gains, dividends, interest): 19% up to €6k, 21% to €50k, 23% to €200k, 27% to €300k, 30% above €300k
Wealth & Inheritance
Special Regimes
Practical Notes
High tax burden varies materially by region. Beckham Law attractive for high-earning expats with employment income (does not cover freelance/autonomo). Wealth tax applies but Madrid/Andalusia bonificaciones effectively zero it out. Solidarity wealth tax on >€3M extended through 2026.
Business & Corporate Tax
Corporate rate, withholding, VAT, substance, Pillar Two and treaties+
Business & Corporate Tax
Corporate rate, withholding, VAT, substance, Pillar Two and treatiesCorporate Income Tax
Withholding Taxes
VAT / GST
Compliance & Substance
Notable Regimes
- Beckham Law for individuals
- ZEC Canary Islands 4%
- Patent Box
OECD Pillar Two (15% global minimum tax)
Law 7/2024 transposed EU Directive. Implementation was delayed but applies retroactively to FYs starting on or after 31 Dec 2023.
See full implementation trackerTax Treaty Network
US-Spain treaty includes savings clause and limitation-on-benefits provision. Totalization in force.
See full treaty matrixBeyond tax
Living in Spain
Spain combines excellent healthcare, fast internet, great food and climate, and a 24% flat Beckham regime for new arrivals.
- Expat hub
- Madrid
- Monthly budget
- ~$2,900
- Climate
- Mediterranean, 15°C
- Time zone
- UTC+1
- Tax38 → 68
- Cost of living$$$
- Safety78
- Healthcare87
- English55
- Internet250 Mbps
- Warm climate50
- Residency access65
- Scores 0-100, higher is better. Editorial composite ratings; see method.
Newcomer tax regime
Beckham Law (Special Inbound Regime): 24%
24% flat on Spanish salary up to €600,000, foreign income exempt. 6 years. Who qualifies: Inbound employees (including employed Digital Nomad Visa holders) and ENISA-certified entrepreneurs not resident in the prior 5 years; self-employed nomads excluded.
Ways to get residency
- Digital Nomad visa€2,849/month remote income (225% of the 2026 minimum wage)
- Non-lucrative visaPassive income or savings of 400% of IPREM (about €2,400/month), no work in Spain
Watch out: Without Beckham the top rate reaches 47-54% with wealth tax in some regions, and immigration paperwork is slow.
See how Spain ranks for remote workers, retirees and familiesData Sources
Last verified: June 2026. Always check official sources before making a decision.
FAQ
What is the personal income tax rate in Spain?
+
Spain has a top personal income tax rate of 47-54%. The tax structure is: Progressive 19-47% state + regional variations (up to 54% in some autonomous communities like Catalonia/Valencia). See the detailed breakdown above and verify with official sources.
Do I need to pay tax on foreign income in Spain?
+
Spain uses a worldwide system for foreign income. Spanish residents taxed on worldwide income; foreign tax credits available
What are the residency requirements for Spain?
+
Tax residency in Spain generally requires 183 days of physical presence. 183 days or center of vital interests or principal place of business. Always verify current rules with official sources.
Is there a wealth tax in Spain?
+
Yes, Spain does have a wealth tax. Wealth tax 0.2-3.5% on net assets (Madrid and Andalusia effectively exempt via 100% bonificación); solidarity tax 1.7-3.5% above €3M, in force indefinitely under Real Decreto-ley 8/2023 pending reform of regional financing.
What is the corporate tax rate in Spain?
+
The corporate tax rate in Spain is 25%. 25% standard rate; 15% for new companies first 2 years; 30% for credit institutions
US citizen moving to Spain? Read this first.
Spain's top personal rate of 47% means the Foreign Tax Credit (FTC) usually wins over FEIE for US citizens.
- •FTC (Form 1116) credits Spain tax against US tax dollar-for-dollar. Because Spain tax exceeds US tax on the same income, you typically owe zero US tax and accumulate carryforward credits (10-year carry).
- •Self-employment tax is normally exempted via the US-Spain totalization agreement — pay into one social security system, exempt from the other.
- •For earned income near the FEIE cap (~$130k), FEIE is sometimes simpler administratively. Above the cap, FTC strategy almost always wins given Spain's rates.
- •Spain residency days threshold: 183. Treaty tie-breaker rules (where applicable) help with double-tax avoidance.
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