Spain
Southern Europe
EuropeEUSchengen
Outstanding lifestyle, climate and culture with a modern Startup Law and digital-nomad visa, but a long 10-year citizenship path and generally no dual citizenship.
72
Overall score
Good · 98% data coverage
Language
SpanishCurrency
EURCitizenship
10 yearsPersonal tax
Up to 47% (+ regional)Cost of living
€1,700 / mo (single)Rules change often. Confirm any immigration, tax or legal decision with a qualified professional.
Score breakdown
67
Access
17%71Residence12%
58Citizenship and passport5%
68
Earning power
25%59Salary and work12%
77Buying power13%
58
Business and wealth
20%42Taxes7%
66Business8%
66Investment5%
83
Daily life
25%82Quality of life18%
87Education7%
86
Rights and institutions
13%90Freedom6%
82Rule of law7%
Pros
- Excellent lifestyle & climate
- Digital nomad visa + Beckham regime
- Affordable public universities
Cons
- 10-year naturalisation
- Dual citizenship limited
- High personal taxes
Best for
Remote workersStudentsLifestyle-first movers
Score profile
Access
Residence
71
Citizenship
47
Passport
96
Earning power
Salary & work
59
Buying power
77
Cost of living
58
Economy
80
Business and wealth
Taxes
42
Personal tax
15
Corporate tax
29
Business
66
Investment
66
Wealth building
58
Daily life
Safety
76
Healthcare
88
Environment
84
Infrastructure
81
Education
87
HDI
92
Rights and institutions
Freedom
90
Rule of law
82
Access
Residence
Openness to residents
71Good
Migrant stock18.5% of population (2024)
Regulatory quality0.62 (−2.5 to 2.5) (2024)
Main pathways
Digital Nomad VisaStartup Law entrepreneurNon-lucrative visaWork permit
| Student | Student visa; up to 30 hrs/week work allowed. |
|---|---|
| Work | Highly Qualified Professional & general work authorisations. |
| Self-employed | Autónomo route or Startup Law entrepreneur visa via ENISA endorsement. |
| Permanent | Long-term residence after 5 years. |
Citizenship
Citizenship accessibility
47Moderate
| Years required | 10 |
|---|---|
| Dual allowed | Limited (allowed for Ibero-American & a few countries; otherwise renounce) |
| Language | A2 Spanish (DELE) + CCSE civics exam |
| Residence | 10 years legal residence (2 for Ibero-American nationals) |
| Notes | Citizens of former colonies and Sephardic Jews enjoy reduced timelines and dual-nationality rights. |
Passport
Passport power
96Excellent
191 / 198
Mobility
#4
Global rank
Yes
Biometric
- Visa-free143
- On arrival39
- eTA9
- Visa required7
Placeholder estimates for 2024 to 2025. Check entry rules with each destination before travelling.
Earning power
Salary & work
Labour-market strength
59Moderate
Output per worker$108,590 PPP (2024)
Unemployment10.4% (2025)
Participation57.4% of 15+ (2025)
Mean monthly earnings of employees
Overall$2,737 · $4,297 PPP (2024)
Tech (IT & comms)$3,602 · $5,655 PPP (2024)
| Freelance | Strong nomad hubs (Barcelona, Madrid, Valencia, Canaries) |
|---|---|
| Job market | Beckham regime offers 24% flat tax for qualifying new arrivals. |
Buying power
Purchasing power score
77Good
GNI / person$59,830 PPP (2025)
Consumption / person$28,328 PPP (2023)
Price level69 (US = 100) (2025)
Income inequality33.4 Gini (2023)
Inflation2.7% / yr (2025)
Cost of living
Affordability
58Moderate
Price level69 (US = 100) (2025)
| Rent | €900–1,500 (1BR major city) |
|---|---|
| Monthly | €1,700 |
| Cities | Madrid, Barcelona, Valencia, Málaga |
Economy
Economic strength
80Excellent
Output & income
GDP$1.9T (2025)
GDP / person$38,627 (2025)
GNI / person$59,830 PPP (2025)
GDP growth3.5% / yr (2024)
Stability & labour
Inflation2.7% / yr (2025)
Unemployment10.4% (2025)
Output per worker$108,590 PPP (2024)
Sector composition
Agriculture2.7% of GDP (2025)
Industry19.6% of GDP (2025)
Services68.4% of GDP (2025)
Main industries
TourismAutomotiveFood & agricultureRenewable energyTextiles & fashion
Top exports
Vehicles & partsFood & agricultural productsMachineryPharmaceuticals
| Type | High-income, services- and tourism-led |
|---|---|
| Key sectors | Tourism, Car manufacturing, Agri-food |
| Summary | A large diversified economy where tourism, carmaking and agri-food sit alongside growing renewables. |
| Currency | Euro (eurozone member) |
Business and wealth
Taxes
Tax friendliness
42Limited
| Personal | 19–47%+ (state + region; up to ~54% in some regions) |
|---|---|
| Corporate | 25% (15% for new companies, first two profitable years) |
| Capital gains | 19% / 21% / 23% / 27% / 28% bands |
| Dividends | Same savings-income bands (19–28%) |
| Exit tax | Yes: for large shareholdings on emigration |
| Foreign companies | CFC rules apply |
Personal tax
Personal tax
15Low
| Personal | 19–47%+ (state + region; up to ~54% in some regions) |
|---|---|
| Freelance | Autónomo: monthly social-security quota by income bracket |
| Capital gains | 19% / 21% / 23% / 27% / 28% bands |
| Dividends | Same savings-income bands (19–28%) |
| Exit tax | Yes: for large shareholdings on emigration |
Corporate tax
Corporate tax
29Low
| Corporate | 25% (15% for new companies, first two profitable years) |
|---|---|
| Capital gains | 19% / 21% / 23% / 27% / 28% bands |
| Dividends | Same savings-income bands (19–28%) |
| Foreign companies | CFC rules apply |
Business
Business friendliness
66Good
Regulation & bureaucracy
Regulatory quality0.62 (−2.5 to 2.5) (2024)
Government effectiveness1.11 (−2.5 to 2.5) (2024)
Operating rules
| Foreign company | Yes: full foreign ownership |
|---|---|
| Local company | S.L. (€3,000 capital, €1 under new rules); NIE required |
| Freelance | Autónomo: monthly social-security quota by income bracket |
Investment
Investing environment
66Good
Market cap68% of GDP (2025)
Private credit74% of GDP (2024)
| Capital gains | Savings-income bands 19–28%; wealth & 'solidarity' taxes can apply |
|---|---|
| Dividends | Data not available yet |
| ETFs & funds | Data not available yet |
| Wealth tax | Regional wealth tax + state solidarity tax on large fortunes |
| Brokers | Good: Interactive Brokers, DEGIRO, MyInvestor |
| Foreign access | Data not available yet |
| Tax-advantaged | Data not available yet |
Wealth building
Wealth accumulation
58Moderate
Salary & work
59Moderate
Business
66Good
Investment
66Good
Tax friendliness
42Limited
Cost of living
58Moderate
Daily life
Safety
Safety & stability
76Good
Institutions & stability
Control of corruption0.71 (−2.5 to 2.5) (2024)
Political stability-0.00 (−2.5 to 2.5) (2024)
Check current government travel and security advice before relocating.
Healthcare
Healthcare score
88Excellent
Outcomes
Life expectancy83.9 years (2024)
Under-5 mortality3.2 per 1,000 births (2024)
Capacity & resourcing
Physicians4.29 per 1,000 (2022)
Hospital beds2.91 per 1,000 (2023)
Health spending$4,935 PPP / person (2023)
System & costs
| System | Universal public + private |
|---|---|
| Insurance | Public via social security; private insurance for visas |
| Average cost | €600–1,200 / yr private cover |
Environment
Environment score
84Excellent
Environmental pressure
PM2.5 exposure10.1 μg/m³ annually (2023)
Water stress43.3% (2022)
Infrastructure
Infrastructure score
81Excellent
Digital infrastructure
Internet use95.8% (2024)
Internet resilience70 / 100 (2026)
Fixed speed93 / 100 download index (2026)
Mobile speed69 / 100 download index (2026)
Sources: World Bank World Development Indicators · Internet Society Pulse Internet Resilience Index
Utilities
Electricity access100.0% (2023)
Grid losses8.3% of output (2024)
Transport
Transport quality3.80 / 5 (2022)
Rail density31.9 km / 1,000 km² (2021)
Air connectivity13,423 departures / million people (2023)
Education
Education score
87Excellent
Attainment
Expected schooling17.8 years (2023)
Mean schooling10.8 years (2023)
Participation & investment
Tertiary enrolment94% gross (2024)
Education spending4.6% of GDP (2022)
| Tuition | €1,000–2,500 (EU) / €1,500–3,500 (non-EU public) |
|---|---|
| Public university | Per-credit pricing; low at public universities |
| Languages | Spanish, English (growing) |
| Student work | Up to 30 hrs/week with student stay authorisation |
HDI
Human development score
92Excellent
HDI0.918 (2023)
Knowledge
Expected schooling17.8 years (2023)
Mean schooling10.8 years (2023)
Rights and institutions
Freedom
Freedom score
90Excellent
| Freedom in the World | 90 / 100 (Free) |
|---|
Sources
Rule of law
Rule of law score
82Excellent
| Rule of Law percentile | 82 / 100 |
|---|
Sources
Resources
Official references
Spain Startup Law / ENISAenisa.esAgencia Tributariasede.agenciatributaria.gob.esMinistry of Inclusion: Migrationinclusion.gob.esUNDP Human Development Report 2025hdr.undp.orgInternet Society Pulse Internet Resilience Indexpulse.internetsociety.orgWorld Bank World Development Indicatorsdata.worldbank.orgILOSTAT (International Labour Organization)ilostat.ilo.org
Quick links
Data is illustrative. Not legal or tax advice.