Spain Country Profile
Capital City | Madrid |
Population | 48,958,159 (July 2017 est.) |
Geographic Location | 40 24 N, 3 41 W |
Area | 505,370 sq km |
Language | Castilian Spanish (official nationwide) 74%,Catalan,Galician,Basque |
Currency | Euro |
Political System | parliamentary constitutional monarchy |
Legal System | civil law system with regional variations |
GDP | $1.774 trillion (2017 est.) |
GDP per capita | $38,300 (2017 est.) |
National Anthem | "Himno Nacional Espanol" (National Anthem of Spain) |
Independence Day | 12 October 1492 |
Spain Goldan Visa Program Information
SPAIN Golden Visa Program |
Investment Type |
Real Estate Investment | 500,000 EUR |
Financial Investment | 1,000,000 EUR - 2,000,000 EUR |
Physical presence requirement | None |
Estimated Application Fees |
Government Fees | 300 EUR per person |
Health insurance | 400 EUR per person |
Consulting Fees | 15,000 EUR - 25,000 EUR |
Estimated Cost (Real Estate Investment) |
Single Applicant | 553,000 EUR |
Family of 4 Application (2 children under 18) | 565,500 EUR |
Residency requirement for citizenship | 10 years (Dual citizenship allowed only for select Latin American countries |
Spain Tax Summary
Corporate Income Tax | 25% |
Witholding Tax on Dividends | 19% for non-residents |
Witholding Tax on Interests | 19% for non-residents |
Witholding Tax on Royalties | 24% for non-residents |
Capital Gain Tax | 25% |
Personal Income Tax | Progressive from 19% to 48% |
Property Transfer Tax / Property Tax | 6% / up to 1.3% depending on region |
Inheritance Tax / Estate Tax | From 7.65 to 34% |
VAT | 21% (10% or 4% for certain goods and services) |
* This site is for generic information only.