Spain residence by investment

Income tax ranges from 19% to 45%. 19% are paid by those whose income for the year was less than € 12,450, 24% — from € 12,450 to € 20,200, 30% — up to € 34,000, 37% — up to € 60,000, 45% — over € 60,000.

The total corporate tax rate is 25%. The rate for new companies during the first 2 years of their activity is 15%. Corporate events with tax protection – 20%.

The VAT rate is from 10% to 21%. Capital gains tax is progressive. From the first €6,000, 19% is paid from €6,000 to €50,000, 21% is paid from €50,000, 23% is paid. The same applies to the tax on dividends -19% for the first 6,000 euros of income 21% for the next 6,000 - 50,000 euros 23% for the next 50,000 euros.

The tax on the purchase of real estate is 1.5% of stamp duty + VAT, 10% of the transaction amount for new buildings, 6-10% of the cadastral value for secondary housing, 25% of the transaction amount for commercial real estate.

When opening a bank account, you must provide the company name, tax identification number, and a certificate verifying the company name. You must make investments and obtain the relevant certificate confirming this.

Currently, Spain has double taxation treaties with more than 90 countries worldwide, so there is a high likelihood that you will benefit from these agreements.