Key facts
| Capital | Madrid |
|---|---|
| Population | 49,1 mil. (2025) |
| Area | 505 990 km² |
| Currency | euro (EUR) |
| GDP per capita | 41 563 USD (2026) |
| Average net wage | 2 429 USD a month (2024) |
| Time zone | UTC+1 (UTC+2 in summer); Canary Islands UTC±0 |
| Official language | Spanish (regionally Catalan, Galician and Basque) |
| Dialling code | +34 |
| Domain | .es |
| Worth knowing | EU, eurozone, Schengen and NATO member |
Europe’s gateway to Latin America
Spain is the natural link between the two worlds we work in. It is a large European economy with ties — linguistic, commercial and banking — across the whole of Latin America. A company established in Spain has access to the EU single market and, at the same time, an open door to the other side of the Atlantic.
Add to that the climate, the quality of life and property that, even after the rises of recent years, remains more affordable than in northern Europe. It is no accident that Spain is where most Czechs and Slovaks buy a house by the sea.
What Spain offers
- The EU single market and a dense network of double taxation treaties.
- A natural connection to Latin America.
- A digital nomad visa and a non-lucrative residence permit.
- A special tax regime for incoming workers.
What to watch
The investor residence permit, the golden visa, was abolished in April 2025 — buying property no longer leads to residence and another route is needed. Several regions have also brought in restrictions on short-term lets, and the debate on taxing property purchases by non-EU buyers continues.
Spain is also strongly regional: tax, inheritance and building rules differ so much between the autonomous communities that the choice of region has a direct financial effect. We guide you through the purchase, the tax and the residence process.