Spain, one of the heavyweight members of the European Union, offers a Residence by Investment (RBI) program that's caught the eye of many high-net-worth individuals. The path to citizenship takes 10 years of residence - a timeline that's not too shabby. The buy-in? A cool €500,000, which you can park in real estate, business ventures, equity investments, bank deposits, or government bonds. Since Spain's RBI program is already well-documented, we'll skip the basics.
Instead, let's zero in on the million-euro question: Is Spain's tax system actually attractive?