Región de Murcia, Spain

At a glance

For an EU-citizen family of five living off a €30M portfolio, the guide's default reader. The interactive guide recomputes everything for other passports and situations.

Score for a wealthy family

66 / 100

Can EU citizens live here?

free: register as an EU citizen

Can US citizens live here?

income of €28,800 a year · Non-lucrative residence visa

Other passports

income of €28,800 a year · Non-lucrative residence visa

Tax on a €30M portfolio

€418,100 a year

Wealth tax

yes

Children inherit

low tax

Living costs, family of five

€246,310 a year

EU member

yes

Currency

EUR

Tax on investments, inheritance and wealth

Murcia: while the ITSGF exists, a rebate equal to IP minus ITSGF leaves no wealth tax below about EUR 3.7m and the ITSGF level above; 99% inheritance and gift rebate for children. Savings income (gains, dividends) is taxed on the national 19-30% scale; the regions cannot change it.

• Ordinary tax residence (state rules): Resident individual taxed on worldwide income and wealth; state rules shown (regional variations in the subnational file).
• Special regime for inbound workers (art. 93 LIRPF, 'Beckham law'): For 6 tax years (year of arrival + 5) the person is taxed like a non-resident: foreign-source dividends, interest and capital gains are not taxed; Spanish-source savings income is taxed at 19-30%; employment income at 24% up to EUR 600,000 and 47% above. Wealth tax only on Spanish assets.
• Family holding company (S.L., sociedad patrimonial) taxed at 25%: The family holds its listed shares through a Spanish S.L. (corporate income tax 25%, art. 29.1 LIS). A company whose assets are mostly securities is an 'entidad patrimonial' (art. 5.2 LIS): it gets no reduced CIT rate (art. 29.1 LIS) and its shares get no wealth-tax or inheritance-tax business exemption (art. 4.Ocho.Dos.a LIP). The 95% participation exemption (art. 21 LIS) needs a stake of at least 5% held for a year, which a diversified listed portfolio never reaches (the old EUR 20 million cost alternative was removed from 1 January 2021 by art. 65 Ley 11/2020), so dividends and gains are taxed at 25%; foreign withholding on dividends is credited (art. 31 LIS). Distributions to the family are dividends in the savings base, taxed at up to 30% (arts. 25, 66, 76 LIRPF). Wealth tax and inheritance tax fall on the family's shares as for direct holding, so the regional rules apply.

Income tax for employees and remote workers

Resident income tax is the sum of a state and a regional scale. For Madrid the combined marginal rates on the general base run 18% to 45% (43% from EUR 60,000, 45% above EUR 300,000). Employee social security is 6.5% (capped at the maximum monthly base EUR 5,101.20, EUR 61,214.40 a year); autonomos pay 31.5% on a chosen base within the same maximum. The recorded personal allowance is the EUR 5,550 personal minimum; strictly it is taxed at the lowest rates rather than deducted, and employees also get a EUR 2,000 expenses deduction (not modelled).

How to get residence

EU citizens only register. Non-EU citizens (US and others) can use the non-lucrative visa (EUR 28,800 a year of passive income, no work), the digital nomad visa (about EUR 34,000 a year of foreign remote income), or an entrepreneur or work permit. The golden visa ended on 3 April 2025.

Citizenship: General rule: 10 years of legal, continuous residence immediately before applying, a Spanish A2 language certificate (DELE) and the CCSE civics test; shorter periods for refugees (5 years) and, per general knowledge not re-sourced, 2 years for Ibero-American nationals, Andorra, Philippines, Equatorial Guinea, Portugal and Sephardic descendants.

Inheritance law and trusts

Under the common law, children are guaranteed two thirds of the estate and a will cannot remove it. A foreign national resident can choose their national law under the EU Succession Regulation. Foral regions differ, and Spain has no trust law and no private family foundation.

Daily life, scored out of 100

From public indicators (World Bank, UNDP, Transparency International and others); higher is better.

Residence and succession sources

• Non-Lucrative Visa Spain 2026: income requirement — CostaLuz Lawyers
• Spain Digital Nomad Visa 2026 — Remote Work Europe
• End of the golden visa in Spain: new criteria for investors — ARC Legal
• Your Europe: Residence rights in another EU country — European Union
• Application for Spanish nationality by residence — Entre Tramites
• Ley 14/2013 de apoyo a los emprendedores (consolidated) — BOE
• Spain to stop granting golden visas to foreigners from 3 April — Barcelona City Council
• Spanish Civil Code (BOE) — Boletin Oficial del Estado
• Forced Heirship in Spain: The Legitima and Its Regional Map — Recording Law
• European e-Justice: Successions, Spain — European Commission
• HCCH status table: 1985 Trusts Convention — Hague Conference on Private International Law
• Regulation (EU) 650/2012 on succession — European Union