Business · Markets · 1 day ago
Spain approves tax-favoured investment account with a €150,000 limit
Spain’s government has approved a new investment account for individual savers who want to invest in European businesses.
Each person can hold one account, with up to €150,000 invested in shares, funds and other eligible assets.
At least 70% of the portfolio must be linked to the European Economic Area, and it must meet additional minimums for shares.
Investors can buy and sell within the account without paying income tax on those transactions while they keep the account for at least five years.
When money is withdrawn, gains of up to €10,000 are tax-free; gains above that amount receive a 20% tax allowance.
The government says the account is intended to encourage long-term investing and move some Spanish savings out of bank deposits and into European businesses.
Banks and investment firms may offer it, but it cannot be sold until the required ministerial orders take effect and the relevant parliamentary validation is completed.
Spain’s government has approved a tax-favoured investment account with a contribution limit of €150,000.
The account is intended to encourage Spanish savers to invest over the long term in European companies.
At least 70% of its portfolio must be invested in assets linked to the European Economic Area, including at least 50% in equities.
Investors can buy and sell assets in the account without paying personal income tax during a minimum five-year holding period.
The account cannot be marketed or opened until required ministerial orders take effect.
- Who
- Spain’s government approved the account; individuals will be able to hold one account each.
- What
- A tax-favoured investment account with a contribution limit of €150,000.
- When
- The government approved it this week, according to the article published on 10 October 2026. It cannot be opened until required ministerial orders take effect.
- Where
- Spain.
- Why
- To encourage long-term investment by small savers in European companies and channel savings into European business sectors.
This story does not have two clearly opposing sides.
oriented to expanding retail savers’ participation in capital markets and channelling
The European Commission recommended that member states create investment instruments to increase retail savers’ participation in capital markets.
Spain’s government approved the Cuenta de Ahorro e Inversión Financia Europa.
The account still cannot be marketed or opened until the necessary ministerial orders take effect.
- Maximum contribution
- €150,000
- Maximum cash balance
- €1,500
- Minimum holding period
- Five years
- European Economic Area assets
- At least 70% of the portfolio
- Equities
- At least 50% of the portfolio
Sources
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