• 0 Posts
  • 2 Comments
Joined 1 year ago
cake
Cake day: November 15th, 2023

help-circle

  • I love Spain (I live here) but I would not say that it has a reasonable tax pressure, unless you maybe get the Beckham Law. You get taxed really early on (not much tax free allowance) and it climb pretty high. And the structure as an autonomous sucks.

    As an employee, earning 50k, you’ll pay 22.5% tax, so net will be 35.6k. On 100k you’ll pay 32.5%, net 64.3k.

    And tax on buying property is pretty high, 11% here in Catalunya.

    I’m still here so clearly I think it’s acceptable, and quality of life is really high, but it’s by no means a low tax country.

    Love you username btw!