Spain Anticipates a Surge of Foreign Residents with the Beckham Law in 2025

Spain's Beckham Law offers an attractive tax regime for foreign individuals planning to relocate, providing significant tax advantages while ensuring compliance with fiscal regulations. It is important to note that this is a fiscal matter, unrelated to legal residency requirements for non-EU nationals.

Key Features of the Beckham Law

  • Flat Tax Rate: Individuals can now benefit from a 24% tax rate on their income up to €600,000, making Spain an appealing destination for entrepreneurs and high-net-worth individuals.

  • Ownership Control Flexibility: Foreign individuals can now relocate to Spain while maintaining full ownership (100%) of their company, provided the company engages in an economic activity and is not merely a holding entity for real estate assets.

  • Extended Eligibility: If you were previously a resident in Spain but have been away for at least five years, you are now eligible to return and take advantage of the Beckham Law's benefits.

Comprehensive Tax Protection

The Beckham Law not only helps protect your foreign assets, but it also provides significant benefits on:

  • Foreign Income: No taxation on interests, dividends, or capital gains originating from abroad for a period of six years.

  • Capital Gains from Foreign Real Estate: Any profits from selling properties located outside of Spain will not be subject to Spanish taxation during the six-year period.

Application Deadline

To take advantage of the Beckham Law, it is crucial to submit your application within six months of entering Spain. Missing this deadline could mean losing the opportunity to enjoy these substantial tax benefits.

Take Action Now

With the Beckham Law expected to attract many foreigners in 2025, now is the time to plan your move to Spain and take advantage of this favorable tax regime. If you are considering relocating, ensure you meet the requirements and don’t miss the application deadline.

For more information and personalized guidance on how to benefit from the Beckham Law, feel free to contact us today.