What is Beckham’s Law?

‍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.

‍Do all Expats need to apply to this?

‍No, this Tax Benefit is completely optional. In fact, it’s not recommended to everyone, as only after a certain amount of yearly income you will be saving money from this tax regime.

‍When do I need to apply?

‍You must apply within 6 months of commencing your Employment in Spain.