Within Spain, Madrid has acquired a unique and particularly favourable fiscal position. In our experience, this has made the region a favourable destination for businesses, investment capital, international talent and high net worth families.
This position is not the result of ad hoc measures, but of a consistent, well designed and strategic fiscal policy. This long term approach creates confidence and gives Madrid a clear strategic advantage over other regions in Spain.
Compared to other Spanish regions, Madrid offers significantly more favourable tax conditions. Relocating to Madrid can result in up to twenty per cent additional tax deductions. Real estate taxes can be up to forty per cent lower, while personal income tax may be reduced by as much as nine per cent. Wealth tax can be fully exempt, and inheritance and gift taxes may benefit from reductions of up to ninety nine per cent.
Interested in learning more?
Download our document “Madrid, a Tax Haven in Spain” directly and free of charge.
If you are considering relocating to Madrid, whether for business or to live there, do not hesitate to contact us. After all: Spain starts with EuroEconomics