Moving to Spain from the US
Last updated: March 2026
Get personalized advice
Start a Viselio chat for recommendations tailored to your situation
Visa Options
Digital Nomad Visa
For remote workers earning from non-Spanish companies. Requires income of at least $2,500/mo.
Non-Lucrative Visa
For those with passive income or savings. Cannot work in Spain. Income requirement ~$3,000/mo.
Golden Visa
Investment-based. Real estate from $560K or other qualifying investments.
Cost of Living
| Category | Low | High |
|---|---|---|
| Rent (1-bed, city center) | $800 | $1,500 |
| Utilities | $100 | $150 |
| Groceries | $250 | $400 |
| Transport (monthly pass) | $45 | $60 |
| Dining out (per meal) | $10 | $25 |
| Health insurance | $60 | $120 |
Tax Implications
- Beckham Law allows flat 24% tax for 6 years for new tax residents (Digital Nomad Visa holders).
- Standard rates are progressive up to 47%.
- US-Spain tax treaty prevents double taxation.
- Wealth tax applies in some regions on net assets over ~$750K.
Have questions about moving to Spain?
Chat with Viselio AI for free — get personalized visa and cost recommendations
Healthcare
Public healthcare (SNS) is excellent and free for residents. Private insurance ($60-150/mo) gives faster access. Madrid and Barcelona have world-class hospitals.
Banking
Opening a bank account is straightforward with NIE (foreigner ID number) and passport. Banks: CaixaBank, BBVA, Santander, Sabadell. Online option: N26, Revolut. Wise for international transfers.
Finding Housing
Madrid and Barcelona: $800-1,500/mo for 1-bed. Valencia: 30% cheaper. Malaga/Costa del Sol: popular with expats, $600-1,000/mo. Idealista.com is the main platform.