Beckham Law in Spain

Imagine keeping more of your hard-earned salary while enjoying life in Spain. The Beckham Law makes this possible. Officially known as the Special Tax Regime for Workers Displaced to Spanish Territory, it is the most powerful tax optimization tool for foreign professionals moving to Spain.

Its main and most famous benefit is the flat 24% tax rate on your Spanish-sourced income up to €600,000. This is a massive advantage compared to the standard progressive rates, which can go up to 47%.

But the benefits don’t stop there. Under this regime, your foreign-source income (such as dividends or capital gains from abroad) is not taxed in Spain. Furthermore, you are only liable for Wealth Tax on your Spanish assets, not your worldwide assets.

Thanks to the Startup Law, the eligibility criteria have been expanded. This regime is now open to a wider range of talent, including relocated employees, company directors, highly skilled professionals, digital nomads, and innovative entrepreneurs.

The two most important requirements are that you must not have been a tax resident in Spain for the five years prior to your move and that you apply within a strict deadline.

The application is a time-sensitive, one-time opportunity. You must submit Form 149 to the Spanish Tax Agency within 6 months of officially starting your professional activity. Missing this non-extendable deadline means you lose the right to this benefit forever.

Our expertise is in navigating the complexities of the impatriate tax regime. We conduct a thorough eligibility analysis, prepare and submit your application flawlessly, and ensure you secure these incredible tax advantages, making your move to Spain as financially rewarding as possible.