The First Vice President and Minister of Finance, María Jesús Montero, during a government control session in the Congress of Deputies, on March 18, 2026, in Madrid (Spain).

Spain approves tax break for low earners

On 18 March, Spain’s Congress of Deputies approved a decree-law including aid for storm-affected areas in Andalusia and Extremadura – along with a tax break for low earners. Workers on the minimum wage, set at €1,221 gross over 14 payments in 2026, will benefit from a personal income (IRPF) deduction of up to €591. The Ministry of Finance estimates this will reduce their annual tax bill by around €365 compared to last year.
Spain's best paid jobs

Banking tops Spain’s highest-paid professions in 2026

Banking leads Spain’s highest-paying professions in 2026, with management and specialist roles reaching €250,000 a year, according to LHH Recruitment Solutions’ Salary Guide. Digital and e‑commerce roles also offer high pay, with digital directors earning up to €180,000 plus 30% variable in multinationals, and €130,000 plus 30% variable in SMEs.
A woman working in a coffee shop

Spain tops Europe for graduates working outside their field

Spain ranks first in the EU for young people working outside their field of study. According to Eurostat, 28.9% of under-34s are employed in roles unrelated to their qualifications – the highest share in the EU. This figure is well above the EU average of 20.4%, a gap of more than eight percentage points, highlighting a growing mismatch between education and the labour market.
Property for sale in Pozuelo de Alarcón

Pozuelo de Alarcón has the highest average gross income in Spain

Pozuelo de Alarcón (Madrid) has retained its title as the Spanish town with the highest average gross income for the fourth consecutive year, reaching €85,323 – a 6.3% increase from €80,243 the previous year. The Tax Agency's statistics on personal income tax filers in municipalities with over 1,00
Valencia, Spain

Valencia and Malaga named top business destinations in Spain

Valencia and Malaga have been recognised as Spain’s top business destinations, surpassing traditional hubs like Madrid and Barcelona. Previously, Spain’s two largest cities dominated the corporate meetings and events sector, according to Consultia Business Travel, a Spanish company specialising in comprehensive business travel management and consultancy.
Madrid

Record employment drives rental demand in Spain's major cities

Employment is one of the great drivers of rental demand in Spain, along with the creation of homes. An Urban Land Institute (ULI) report shows the strong growth in Social Security registration that the country's main provincial capitals have seen in the last five years, reaching record levels in Alicante, Madrid, Malaga, Bilbao, Seville and Murcia.
Spain top in unemployment in the developed world

Spain top in unemployment in the developed world

The unemployment rate in Organisation for Economic Co-operation and Development (OECD) countries stood at 4.8% in November, remaining at its lowest level for the ninth consecutive month in the historical series, which began in 2001, according to the organisation.
Spain, the eighth highest minimum wage in Europe

Spain, the eighth highest minimum wage in Europe

The minimum wage in Spain was €1,167 in 2022, including the proportional part of supplementary payments, 65% higher than in 2016, according to the Adecco Group Institute's Labour Market Report. Adecco's research service highlighted that €1,167 is similar to the United States' minimum wage, even tho
Spain’s Digital Nomad Visa

Tax advantages of Spain’s Digital Nomad Visa

The new Digital Nomad Visa (DNV) offers unique tax advantages that no other Spanish visa can match. Its main outlier - and what distinguishes from other available visas - is precisely the wide array of tax benefits it offers.
Work in Spain in 2023

What are the most in-demand jobs in Spain in 2023?

With unemployment in Spain still higher than the European average and many people struggling to make ends meet given the cost of living crisis, the Spanish job market doesn't seem to have a promising outlook for the year 2023.
The richest cities in Spain and cost of living

The richest areas in Spain in 2022

If you're planning on moving to Spain, how well off an area is may be something that could influence your search for somewhere to live. So, what is the wealthiest city in Spain? And where do the rich live in Spain?
The unemployment rate in Spain 2021

Spain unemployment rate 2021 by province

If you're considering moving to Spain, an important element to consider is where you're most likely to find a job and the unemployment rate in Spain. Santa Cruz de Tenerife and Cádiz are the provinces with the highest unemployment rate in Spain in the current crisis period for jobs caused