Spain

QUICK FACTS

Location : Southwestern Europe, bordering the Mediterranean Sea, North Atlantic Ocean, Bay of Biscay, and Pyrenees Mountains; southwest of France

Capital : Madrid

Total Area : 505,370 sq km

Population : 48,563,476 (July 2016 est.)

Population distribution: with the notable exception of Madrid, Sevilla, and Zaragoza, the largest urban agglomerations are found along the Mediterranean and Atlantic coasts; numerous smaller cities are spread throughout the interior reflecting Spain’s agrarian heritage; dense settlement is found around the capital of Madrid, as well as the port city of Barcelona

Languages :

Castilian Spanish (official nationwide) 74%, Catalan (official in Catalonia, the Balearic Islands, and the Valencian Community (where it is known as Valencian)) 17%, Galician (official in Galicia) 7%, Basque (official in the Basque Country and in the Basque-speaking area of Navarre) 2%, Aranese (official in the northwest corner of Catalonia (Vall d’Aran) along with Catalan; <5,000 speakers)

note: Aragonese, Aranese Asturian, Basque, Calo, Catalan, Galician, and Valencian are recognized as regional languages under the European Charter for Regional or Minority Languages

Religion : Roman Catholic 94%, other 6%

Ethnic groups : composite of Mediterranean and Nordic types

Government type : parliamentary constitutional monarchy

GDP – per capita : $36,500 (2016 est.)

Climate : temperate; clear, hot summers in interior, more moderate and cloudy along coast; cloudy, cold winters in interior, partly cloudy and cool along coast

Legal system : civil law system with regional variations

Unemployment rate : 19.7% (2016 est.)

Visa free countries : 175 (2016)

Overview of the country – geographical Situation, accessibility

Flag of Spain

Spain is a country of continental Europe of the West. It occupies 85% of the Iberian Peninsula, which it shares with Portugal.

Its capital is Madrid.

There are no less than 3 international airports serving the country: Seville, Alicante, and Barcelona-El Prat. From these airports many long distance flights leave for South America.

Rate of tax system on the physical persons living in the country

The Spanish system operates stepwise but does not exceed a tax threshold of 32.5% of profits.

It is possible to reduce its taxes in Spain legally and significantly. As a result, its tax system is more attractive than many other European countries.

Physical and legal Security of the country

Spain is a constitutional monarchy, that is, it has a king, but it does not govern. It represents the unity of the country, which is divided into 17 autonomous communities, regions with great powers and 50 provinces.

Spain remains a very secure country, in general, stable economically and politically. After difficult years of crisis, there is an economic recovery relating to an exceptional growth.

Programs of economic investments set up by the government of the country host, with new residents

Spain has set up a Golden Visa program in 2013. For an investment of 500,000 Euros in real estate, you will get the right of residence for you and your family. The investor visa is renewable every 2 years. After 5 years, this visa can be converted into a permanent visa. After 10 years, under certain conditions, nationality can be obtained.

Residing in the country is not a necessity.

For investors, the Spanish real estate market, having fallen terribly in recent years, now offers a significant potential for capital gains. It is also possible to opt for a deposit of at least one million on a bank account opened in the country, or 2 million invested in government bonds.

Goldenvisa.ch will be at your side to advise you the best investments according to your desires and your profile.

Quality of Life

Living in Spain is synonymous with living in the sun, with a rhythm of life, very different from most European countries. The Spanish people get up, eat and go to bed late, but all the people of the country do it.

The local population is welcoming and warm. Spanish cuisine is renowned throughout the world.

Most of the population of Spain is Catholic.

Countries for which visas are not necessary any more

With  Spanish Golden Visa you can travel in 175 countries.