The Beckham Law is a special reduced tax regime that benefits foreign professionals in Spain. Instead of applying the Progressive Income Tax to their earnings, Expats who qualify are able to have their income taxed at a flat rate of 24%, up to 600,000 Euros.
It is commonly known as Beckham’s Law because the footballer was one of the first to take advantage of the tax benefit when he transferred to Real Madrid FC.
It’s not recommended to everyone to opt in, as only after a certain amount of yearly income you will be saving money from this tax regime.You can try our
Beckham’s Law Calculator below to understand if it’s worth it for you, and you discover
how to apply in the Paperwork Center.