In most cases persons taking out or applying for Spanish nationality will have to renounce their present citizenship. The only exemptions from this rule are the nationals from Latin America and the other countries with special relations with Spain.
A Spanish adult citizen may lose his citizenship if he resides habitually in another country and takes the nationality of the other country. The ones who have become Spanish citizens by application, may lose it again by a court sentence. Under certain circumstances, they may apply to get their citizenship back again.
So, the law is clear: If you apply for Spanish citizenship, not coming from Latin America or any of the other country Spain has had special relations with, not forsaking your present citizenship, Spain has the right to revoke your Spanish nationality when they find out.
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