Spain, Italy, Thailand, Greece: Business Setup & Startup Funding Compared

Side-by-side breakdown of business setup, startup funding, residency pathways, and 6 more dimensions for founders choosing where to incorporate in 2026.

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4 selectedClear all
🇪🇸Spain
69
Worldwide
🇹🇭Thailand
57
Worldwide
🇬🇷Greece
70
Worldwide
🇮🇹Italy
70
Worldwide

Dimension Profile

Shape = jurisdiction fingerprint. Gap = your decision.

Tax Regime Comparison3
🇪🇸SpainWorldwide47%
🇹🇭ThailandWorldwide35%
🇬🇷GreeceWorldwide44%
🇮🇹ItalyWorldwide43%
Exit tax applies in one jurisdictionCritical

Spain and Greece have an exit tax. If you establish residency and later wish to leave, you may owe tax on unrealized gains or assets at departure. The other countries in this comparison do not have an exit tax.

12pp personal tax rate spreadNote

Both countries tax worldwide income, but the top personal income tax rates differ materially. Spain: 47% vs Thailand: 35%. Both apply to all global earnings once you establish residency.

CFC rules apply in one jurisdictionReview

Spain and Greece and Italy have Controlled Foreign Corporation (CFC) rules. Owning a foreign company as a resident may trigger local tax on undistributed profits - even if the company pays no dividends. The other country in this comparison does not have CFC rules.

Not tax advice. Tax laws change frequently. Verify with a qualified professional before making residency decisions.

Field-by-Field Breakdown

Green = best value per row
Metric
🇪🇸Spain69
🇹🇭Thailand57
🇬🇷Greece70
🇮🇹Italy70
Dimension Scores
Corporate Tax
32
43
52
32
Funding
100
70
85
100
Visa
90
90
85
90
Residency
43
58
60
68
Tax Res.
45
60
45
55
Practical
96
58
83
83
Remote Work
64
72
79
64
Family
95
80
85
85
Ecosystem
60
60
65
65
Corporate Tax Details
Corporate Tax Rate25%20%22%27.9%
Capital Gains Tax28%0%22%26%
Tax Treaties966157100
Territorial SystemNoNoNoNo
Funding Details
Active VCs100201680
Government GrantsYesYesYesYes
EU Funding EligibleYesNoYesYes
Visa Details
Has Startup VisaYesYesYesYes
Processing Time456012060
Min Investment--$272K-
E-ResidencyNoNoNoNo
Digital Nomad VisaYesYesYesYes
Residency Details
Visa Programs Available2264
Citizenship Timeline1012710
Dual CitizenshipNoNoYesYes
Immigration Score7666
Tax Res. Details
Tax Residency Days183180183183
Personal Tax Top Rate47354443
Territorial TaxationNoNoNoNo
Special Tax RegimeYesNoYesYes
Exit TaxYesNoYesNo
Practical Details
Banking Difficultyeasymoderatemoderatemoderate
100% Foreign OwnershipYesNoYesYes
Company Formation7141030
Virtual Office OKYesYesYesYes
Remote Work Details
Nomad VisaYesYesYesYes
Tourist Workgray_areagray_areaillegalgray_area
Tourist Visa Days90309090
PE Risk Levelmoderatelowmoderatemoderate
Days Before Tax Res.183180183183
Internet Speed22020093117
Coworking/mo$250$150$175$275
Family Details
Safety Index72625465
Int'l SchoolsYesYesYesYes
Homeschoolinglegal_with_restrictionslegal_with_restrictionslegal_with_restrictionslegal_with_restrictions
Healthcare Quality82725982
Cost of Living55404055
Ecosystem Details
Unicorns5329
English Business EnvNoNoYesNo
Talent Pool Quality70556865

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