Spain
Progressive capital gains tax from 19% to 28% (on profits >€300K). Staking, DeFi, and mining income taxed at regular income rates up to 47%. Modelo 721 reporting for overseas crypto holdings.
FATCA Partner
Yes
FATF Status
Clear
EU Blacklist
No
Dual Nationality
Allowed
Bitizenship
Not yet
Tax Rates
Activity Taxes
Staking
Up to 47% (regular income tax)
Mining
Up to 47% (regular income tax)
DeFi
Up to 47% (regular income tax)
NFTs
19-28% capital gains
Taxable Events
Crypto → Fiat
Taxable
Crypto → Crypto
Taxable
Holding Period
No holding period benefit
No holding period benefit
Regulation & Residency
Regulatory Body
CNMV (National Securities Market Commission); AEAT (tax agency)
Residency Requirement
Non-lucrative visa, Golden Visa (being reformed), Digital Nomad Visa
Reporting Requirements
Modelo 721 for overseas crypto >€50K; annual IRPF filing; DAC8 from 2026
Citizenship & Residency Path
Non-Lucrative Visa or Golden Visa; citizenship after 10 years (2 for Latin Americans)
Notable Conditions
- →Progressive CGT: 19% (first €6K), 21% (€6K-€50K), 23% (€50K-€200K), 27% (€200K-€300K), 28% (>€300K)
- →Modelo 721 mandatory for overseas crypto holdings >€50K
- →Staking/DeFi/mining income taxed as regular income (up to 47%)
- →EU member - MiCA and DAC8 compliance
- →Beckham Law (special expat tax regime) may provide some benefits
Living & Lifestyle
Cost of Living
Moderate
Banking Access
Good
Quality of Life
Very High
Lifestyle Scores