Spain
Individuals Taxation
Overview
Spain imposes a progressive personal income tax (IRPF) and a wealth tax (IP) on tax residents. Non-residents are taxed only on Spanish-source income. Several special tax regimes may apply, including the Beckham Law and Madrid’s Mbappé incentive for new high-net-worth residents.
Spanish Tax System for Individuals
- Progressive IRPF rates from 19% to 47% (state + regional components).
- Savings income taxed separately at rates from 19% to 30%.
- Wealth Tax (IP) applies on global assets exceeding regional thresholds (e.g. €500,000–€700,000).
- Non-residents taxed at a flat 19% (EU/EEA) or 24% (others) on Spanish-source income.
- Beckham regime: 24% flat rate up to €600,000 for qualifying impatriates, excluding foreign income.
- Mbappé Law in Madrid: PIT credits for wealthy new residents investing in the region.
- Capital gains taxed as savings income, with some exemptions for main residence sales.
- Social security contributions for employment and self-employment income.
- Inheritance and gift taxes vary by region; Madrid applies generous deductions.
- Foreign tax credits and double tax treaties reduce double taxation risks.
Requirements and Procedures
- Register as tax resident if staying in Spain >183 days/year or main economic interests are based in Spain.
- Obtain a Spanish NIF (tax ID number) and digital certificate for electronic filings.
- Annual IRPF return (Modelo 100) due between April and June of the following year.
- Wealth tax return (Modelo 714) due typically by June 30 if applicable.
- Modelo 720: mandatory reporting of foreign assets >€50,000 per category.
- Modelo 210: for non-resident tax declarations (e.g., rental income).
- Quarterly prepayments for self-employed via Modelo 130 or 131.
- Social security registration for autónomos (freelancers/self-employed).
- Modelo 179: rental platform reporting obligations (for landlords).
- Apply for Beckham regime within 6 months of start date (Modelo 149, then 151).
- Keep tax records and justifications for 4 to 10 years.
- Inheritance/gift taxes via Modelo 650/651, due within 6 months of event.
How Charfort can help you?
- Evaluate and manage your Spanish tax residency status.
- Register for NIF and obtain electronic credentials.
- Prepare and file Modelo 100 and 714 (IRPF and Wealth Tax).
- Support with foreign asset declarations (Modelo 720).
- Assist with Beckham or Mbappé tax regime applications and annual tax returns.
- Non-resident tax compliance (Modelo 210).
- Comprehensive expat and relocation tax planning.
- Real estate income tax compliance and declarations.
- Inheritance and gift tax filings and structuring.
- Representation before Spanish tax authorities (AEAT).
Frequently asked questions
Everything you need to know about the process.
Contact us today
Charfort assists international clients in obtaining residence and citizenship under the respective programs. Contact us to arrange an initial private consultation.
