*Investment after residence visa application is approved
* No physical residence is required to apply for PR status
|Personal Income||Varies by state and each autonomous region (max of 48%)
> €60,000: 43.5% in Madrid
>€175,000: 48% in Catalonia
>€120,000: 48% in Andalusia
|24% flat on income from Spanish sources|
|Savings||Between 19% and 23%
*includes capital gains and investment income such as dividends and interests
|Rental Income||At personal income tax general rates|
|Personal Net worth||0.2% to 2.5%.
*Differs in autonomous regions (Madrid does not levy net worth tax)
|Inheritances and gifts||7.65% to 34%,
*differs in some autonomous regions
Goods and services :10%, 4% or exempt.
|Corporate||Progressive (max combined effective tax rate is 29.5% for profits exceeding €35m)|