A scenic Mediterranean paradise with profound historical roots, Spain is home to one of Europe’s leading economies. Offering highly lucrative investment opportunities, a booming tourism sector, and unparalleled global connectivity, the country promises a multifaceted experience for those seeking prosperity and an enriching European lifestyle.
Spain combines a Mediterranean lifestyle, rich culture, and great climate with visa-free access to 29 Schengen countries. Its competitive living costs, strong infrastructure, and vibrant start-up scene make it ideal for remote professionals. Tax residents can benefit from a 24% flat tax on Spanish income and an exemption on foreign-sourced income for up to six years.
Spain’s Residency Program allows remote workers, freelancers, and entrepreneurs to legally live and work in Spain while paving the way toward long-term residency and European citizenship. Introduced under Law 28/2022 (Final Provision Five) in December 2022, the program was designed to attract international talent by streamlining immigration and offering clear legal and tax advantages.
Other benefits include the following:
With a relatively short processing time of 45 days, Spain’s Residency Program offers straightforward qualification criteria, paving the way for investors to seamlessly and swiftly integrate into the vibrant tapestry of Spanish life. The following conditions must be met to qualify:
The fees associated with the application process include service fees for the principal applicant and all accompanying family members. Applicants must also consider state fees, charges, and other expenses related to the investment, as well as fees for translation and authentication of documents, and visa application. All expenses related to trips and sojourn in Spain are also at the expense of the client.
All application fees and taxes determined by the Spanish authorities are subject to change without prior notice.
Updated yearly, the Arton Index is an overall assessment and comparative benchmark of the country and its investment program.
47,778,340
Population Growth: 0.8%
USD 29,675
GDP (per capita)
GDP (purchasing power parity)
USD 2.21 trillion
176
Visa free countries
LOCATION
Southwestern Europe, bordering the Atlantic Ocean and Mediterranean Sea
CAPITAL
Madrid
DIFFERENCE
UTC+1
TOTAL AREA
505,965 km²
AGE DEMOGRAPHICS
0-14: 14%, 15-64: 66%, 65+: 20%
LANGUAGE
Castilian Spanish 74%, Catalan 17%, Galician 7%, Basque 2%
RELIGIONS
Roman Catholic 56%, Atheist 14.9%, Agnostic 12.6%, Indifferent 12.3%, Other 2.7%, Undeclared 1.5%
GOVERNMENT TYPE
Constitutional Monarchy
CURRENCY
Euro
EXCHANGE RATE
1 EUR = 1.08 USD