# Moving to Madrid: income, wealth and inheritance tax in 2026

What Madrid sets on top of Spain's state tax law, figure by figure, with its legal basis.

- **20.5%** regional top income tax rate
- **45%** combined top rate
- **EUR 700,000** wealth tax minimum
- **8** verified rules

The short answer

## What is the top income tax rate in Madrid in 2026?

The top income tax rate Madrid sets for 2026 is 20.5%, giving a combined top marginal rate of 45% where the top brackets are reached. Its wealth tax and inheritance rules are set out below with their legal basis.

**Evidence:** [Official source](https://www.boe.es/buscar/act.php?id=BOE-A-2006-20764) · [Machine-readable data](https://mcp.mirabelloconsultancy.com/v1/subnational/ES) · As of 15 November 2026

## What does Madrid set for 2026?

The rules Madrid sets on top of the state law for 2026, each with its legal basis and source.

Rules not listed here are not yet confirmed from two official sources; that does not mean the state rule applies unchanged.

## Which state rules still apply?

These state rules apply in Madrid as in every common-regime region.

## What is the Beckham regime?

People who move to Spain for work can opt to be taxed as non-residents for the year of arrival and the next five years, under conditions set by the state income tax law.

[Back to the overview of Spain's regions](https://www.mirabelloconsultancy.com/relocation/spain) · [Methodology and sources](https://www.mirabelloconsultancy.com/relocation/spain/methodology)

## Questions about tax in Madrid

### What is the regional income tax rate in Madrid?

In Madrid the top rate of the regional general income tax scale for 2026 is 20.5%, set by art. 1 of Decreto Legislativo 1/2010 (as amended by Ley 13/2023).

### How does wealth tax work in Madrid?

In Madrid the 100% wealth tax bonificación of art. 20 of Decreto Legislativo 1/2010 does not apply while the state solidarity tax on large fortunes is in force, which includes 2026; instead a regional bonificación equal to any excess of the wealth tax quota over the solidarity tax quota applies (transitional provision 7).

### How are children taxed on an inheritance in Madrid?

In Madrid in 2026 children inheriting receive the art. 21 parentesco reduction (EUR 16,000, or up to EUR 48,000 for those under 21) and then a 99% bonificación on the inheritance tax quota for groups I and II under art. 25.1 of Decreto Legislativo 1/2010.

### Does the Beckham regime depend on the region?

No. The Beckham regime is a state rule: someone taxed under it pays the state's flat rates on Spanish income wherever they live in Spain, and regional income tax scales do not apply to that income.

Information, not tax or legal advice. Spanish regional tax rules change every year with the regional budget laws; the region of residence for the full tax year, the type of income and the location of assets decide what applies. Confirm the position for your case with the tax agency named or a qualified adviser.

Official fees and rules from the competent authority. Setup and licence fees are quoted by each zone.

Confidential. Zurich, Dubai and Hong Kong.

## Plan the move with *a specialist*

Region, residence date, the Beckham regime and the type of income and assets decide how a move to Spain is structured. Our team helps you weigh them together, in confidence.

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Source: Mirabello Consultancy, verified 2026-11-15, https://www.mirabelloconsultancy.com/relocation/spain/madrid
Free consultation: https://www.mirabelloconsultancy.com/contact-us-for-your-free-consultation
Machine-readable data: Mirabello MCP https://mcp.mirabelloconsultancy.com