What is Beckham Law in Spain?
The Beckham Law Is a special tax regime that allows foreigners who move to Spain to pay a fixed tax rate of 24% on the income they obtain in Spain. If that amount is exceeded, a 45% tax rate will be applied.
Who can apply?
If you have high incomes and if you work like a manager.
Administrators who works in a company.
The following persons are excluded:
Professional sports athletes.
You must not have been a resident in Spain during the previous 10 years.
You must have an employment contract. This means that the reason you move to Spain is for work reasons. This employment contract must be signed with a Spanish company.
If you are an administrator, you cannot own more than 24% of the company.
Where is it requested?
You must inform the Spanish Tax Agency.
What documents must be submitted?
The Model 149.
Your passport and NIE number.
Social security number.
Employment contract with the Spanish company.
You will be able to benefit from this law for 5 years.
The application must be submitted within 6 months from the date on which you register with the Social Security as a worker of the Spanish company that hires you. Doing so later, will mean that your application form will be denied.