Financial advice in Spain

Spanish billionaires saw their fortunes increase by 21.5% in 2025, reaching $213.1 billion (€182.6 billion), while eight more people acquired ultra-wealthy status, bringing the total to 32. According to the latest edition of UBS's 'Billionaire Ambitions 2025' report, the richest Spaniards added $11.6 billion (€9.94 billion) to the national wealth, driven by the performance of some of the country's leading entrepreneurs and a greater concentration of family wealth.

Making a Bizum payment to a family member or friend is already quick and common in Spain, but from 1 January 2026, Spanish banks and payment providers will no longer have a minimum threshold (previously €3,000) for card payments that must be reported to the Tax Agency (Agencia Tributaria).

From 1 January 2026, a major change will come into effect in the way Spanish tax authorities (Hacienda) monitor electronic payments, including Bizum, bank transfers, and card transactions.

Relocating to Spain can be an exciting adventure, with its stunning beaches, vibrant cities, and rich culture. However, moving abroad can also be expensive if you’re not careful. From transportation costs to housing and everyday living expenses, spending can quickly add up.

Christmas is just around the corner, bringing with it the traditional lottery draws and the dream of becoming a millionaire overnight – though that requires a great deal of luck. Meanwhile, the Spanish Tax Agency can be certain that, draw after draw, its coffers will benefit from the winners’ good fortune. Lottery winnings are subject to a flat 20% tax, except for the first €40,000.

If you are an expat working as a freelancer or self-employed in Spain, there’s an important change on the horizon.

In 2025, Spain has implemented a nationwide waste management tax, officially known as the Tasa de Basuras.

Knowing your home's energy efficiency is essential to understanding how much energy it consumes and how much you could save on your bills. This information not only affects the comfort and value of your property but is also required for real estate transactions such as sales or rentals.

Spain’s economy continues to outperform expectations, strengthening the nation’s property market and inspiring confidence among both domestic and international buyers.According to Spain’s National Statistics Institute (INE), GDP growth for 2024 has been revised upwards from 2.9% to an impressive 3.5

Gas boilers, responsible for 10% of global CO₂ emissions, are being phased out across the EU from 2025 under energy efficiency directives. Cleaner alternatives like heat pumps and biomass systems offer savings, subsidies, and increased property value.

If you’re a foreign national in Spain with a Foreigner Identification Number (NIE by its Spanish acronym) and have recently acquired Spanish citizenship, you may be wondering how to change your NIE to a National Identity Document (or DNI) to update and regularise your administrative status.

The Spanish government is set to significantly raise social security contributions for self-employed workers, known in Spanish as "autónomos", starting in 2026.

In 2023, Pozuelo de Alarcón (Madrid) retained its position as the Spanish town with the highest average declared gross income for the fifth consecutive year, reaching €88,011 – a 3.2% increase on 2022.

Every time we make a bank transfer, an alphanumeric code appears – one we might overlook but which is crucial to ensuring the money reaches its intended destination without error: the IBAN (International Bank Account Number).Since its introduction, the IBAN has become an essential tool for direct de

The Spanish residential market enters 2025 with a renewed surge in prices. According to donpiso, the average home value is set to rise 7% over the year, surpassing €1,900 per square metre. Driving this trend are moderate interest rates, strong demand and a limited supply of new homes.

Over the past decade, Spain has experienced one of the steepest rises in family living costs among European countries. Increasing prices for housing, food and utilities have placed a significant strain on household budgets, making day-to-day expenses more challenging for many families.

Many people still have old Spanish pesetas tucked away, unaware of their potential value. While no longer in circulation, certain coins and notes can be worth far more than their face value to collectors. Find out how much your old Spanish currency could be worth today.

A global study conducted by US News & World Report, in collaboration with Wharton and WPP, has revealed which countries enjoyed the best international reputation in 2024.

Fourteen Spanish airports feature in the 2025 AirHelp Score ranking, which ranks the world’s top 250 airports based on punctuality, passenger experience and service quality.Bilbao Airport tops the national list and ranks 16th globally, making it the second-best airport in Europe.The AirHelp Score, c

If you live in Spain — or are planning a move — you’re in luck: you’re in one of the ice cream capitals of Europe.

The Councils of A Coruña and Santiago de Compostela, two of the most visited cities in the Galicia region of Spain, have approved an ordinance requiring tourists staying overnight to pay a so-called “tourist tax”.This move follows a growing trend among Spanish towns and cities to introduce similar c

How much does it cost to install or replace a home's electrical system?It’s one of the most common questions among those renovating or building a home from scratch.And understandably so, like any other project, the final cost depends on several factors, such as the size of the property, the expertis

If you're considering relocating to Southern Europe, understanding how taxation differs between Spain and Portugal is essential. Both countries offer beautiful weather, excellent healthcare, and vibrant cultures, but their tax systems vary significantly, especially for foreign residents.This gu

One of the most common questions when preparing to move in Spain is: how much will it cost?The cost can vary greatly depending on several factors, including the distance of the move, the volume of your belongings, the services you choose and even your location.

If you're weighing up a move to southern Europe, Spain and Portugal are two of the most appealing destinations for expats and retirees alike. Both countries offer beautiful weather, historic cities, a relaxed pace of life, and world-renowned cuisine.