Spain’s Tax Benefits with Beckham Law
Discover the Path to Tax Savings: Tailored Tax and Legal Strategies for Expatriates Seeking the Best of Spain's Beckham Law
Beckham Law Advice -
The Beckham Law is a tax incentive in Spain introduced in 2005 (officially known as the Special Expatriate Tax Regime). It allows foreign workers who move to Spain to benefit from a flat tax rate of 24% on their Spanish income for up to six years, provided they have not been residents in Spain for the previous ten years. The law is named after footballer David Beckham, who was one of the first high-profile beneficiaries.
Expert guidance is just a click away – our seasoned tax professionals are ready to assist you with the entire Beckham Law process, ensuring you meet all the criteria to enjoy Spain’s favorable tax regime. With a quick and efficient application process, we make compliance straightforward, paving the way for you to reap the full advantages of the law from the moment you set foot in Spain.
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We offer a one-stop shop for all NHR related requirements of your move to Portugal, which include the following tax services:
- Initial personalized briefing on the "Beckham law"
- Arrival or registration formalities
- Applying for the "Beckham law" regime
- Analysis and preparation of a Activity
- Filing of personal income tax returns
- Ongoing tax and social security advice
Overview of the "Beckham law" benefits
25% income tax
For income up to €600,000
19% tax on capital gains
Capital gains obtained in Spain
0% tax on foreign income
Sale of assets or dividends abroad would not be taxed in Spain
0.2% to 2.5% wealth tax
Wealth tax will only be applied to the properties you keep in Spanish territory
How can you apply for "Beckham law" status online?
1
Send application form
Fill out a quick online application form
2
Upload document's
Upload all required documents
3
Get certificate
Receive your "Beckham law" confirmation documents
From Those Who've Experienced Excellence
Hear directly from our customers about the ease and efficiency of our services.
FAQ
What is the Beckham Law in Spain?
The Beckham Law is a tax regime in Spain that allows foreign workers, especially highly skilled professionals, to benefit from a favorable flat tax rate on their income earned in Spain.
Who is eligible for the Beckham Law?
Eligibility for the Beckham Law includes foreign workers who have not been residents of Spain in the last 10 years and who are moving to Spain for employment purposes, particularly under a contract with a Spanish employer. Certain high-net-worth individuals, sports professionals, and executives often qualify.
What is the tax rate under the Beckham Law?
Under the Beckham Law, eligible foreign residents can enjoy a flat income tax rate of 24% on their income earned in Spain up to €600,000. Income above this threshold is taxed at 47%.
How long does the Beckham Law apply?
The benefits of the Beckham Law can be applied for up to six consecutive tax years, starting from the year the individual becomes a resident of Spain.
Can I benefit from the Beckham Law if I am self-employed?
No, the Beckham Law is designed for individuals who have an employment contract with a Spanish company. Self-employed individuals are not eligible for this tax regime.
Does the Beckham Law cover foreign income?
No, the Beckham Law applies only to income earned in Spain. Income from other countries is generally taxed according to Spain’s standard tax rules for residents, although double taxation agreements may apply.