The Beckham Law in Spain: requirements, deadlines and what it actually saves you

The Beckham Law in Spain: requirements, deadlines and what it actually saves you

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Moving to Spain for work raises one question very quickly: what your tax bill will look like. For many incoming professionals, the answer depends on a single regime — the impatriate regime, better known as the Beckham Law.

The mechanism is simple: rather than paying progressive resident rates on everything you earn globally, you are taxed like a non-resident on your Spanish-source employment income, at a flat rate of 24% up to 600,000 euros with 47 percent applying beyond that threshold. If your salary is significant, the difference is substantial.

Not everyone qualifies. In broad terms, you must have been non-resident in Spain for the previous five tax years, the move has to be tied to a job offer, a posting or a company directorship, and the work must be carried out mainly in Spain. Recent reforms opened the door to digital nomads and some self-employed profiles.

Timing is click aquí the part people get wrong. You have to apply within six months of registering with Spanish social security. Let that window close and you cannot recover it later. The benefit then runs for the year of arrival and the following five.

It does not suit every case. Where a large part of your wealth sits abroad, the effect on wealth tax and on the 720 declaration needs to be modelled first. A short analysis before applying is usually time well spent.

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