This page logs specific, dated regulatory developments already covered in this platform's guides for the Indian/NRI community in Spain, each linked to the full guide for detail.
This page is a dated log of specific regulatory developments already reflected in this platform's guides for Spain, not a real-time news feed. Each item links to the full guide covering it.
India-Side and Spain-Side Developments Affecting NRIs in Spain
- India-Spain DTAA MFN rate cut on royalties/FTS (19 March 2024)
Ministry of Finance Notification No. 33/2024 invoked the treaty's Most-Favoured-Nation clause to import the India-Germany DTAA rate, cutting withholding on royalties and fees for technical services from up to 20% down to a flat 10%, effective from Assessment Year 2024-25.
Tax for NRIs
- Spain abolished its Golden Visa investor route (3 April 2025)
Spain's real-estate-linked Golden Visa residency-by-investment program ended effective 3 April 2025; applications filed before that date were grandfathered, but no new applications are accepted.
Business for NRIs
- Citizenship (Amendment) Rules, 2026 (2026)
India notified amended Citizenship Rules that moved OCI applications fully online, introduced an e-OCI option, and clarified that a minor cannot hold both an Indian passport and a foreign passport at the same time.
Immigration for NRIs
- FEMA repatriation limit -- USD 1 million per financial year (Standing rule)
Sale proceeds and other eligible balances in an NRO account can be repatriated abroad up to USD 1 million (or equivalent) per financial year, subject to Form 15CA/15CB certification by the authorized dealer bank.
Compliance for NRIs
