Beckham Law Benefits: How Much Can You Save on Spanish Taxes?
Discover all the Beckham Law benefits including significant tax savings, foreign income exemptions, and wealth tax advantages. Use our Beckham Law Calculator to see your personalized savings.
Main Beckham Law Benefits
The Beckham Law offers several significant tax advantages for qualifying individuals relocating to Spain. These Beckham Law benefits can result in substantial savings over the 6-year period the regime applies.
Flat 24% Tax Rate
Instead of progressive rates up to 47%, pay only 24% on Spanish-source income up to €600,000. This Beckham Law benefit alone can save thousands annually.
Foreign Income Exemption
Income from sources outside Spain (dividends, rental income, capital gains) is generally not taxed in Spain under Beckham Law.
Wealth Tax Benefits
Only assets located in Spain are subject to wealth tax. Foreign assets are excluded, providing significant Beckham Law benefits for high-net-worth individuals.
6-Year Duration
The Beckham Law benefits apply for up to 6 tax years, allowing for long-term financial planning and substantial cumulative savings.
Real Beckham Law Savings Examples
Let's look at real examples of Beckham Law benefits for different income levels. Use our Beckham Law Calculator to calculate your exact savings.
| Annual Income | Regular Tax | Beckham Law Tax | Annual Savings |
|---|---|---|---|
| €60,000 | ~€15,000 | €14,400 | €600 |
| €100,000 | ~€32,000 | €24,000 | €8,000 |
| €200,000 | ~€77,000 | €48,000 | €29,000 |
| €500,000 | ~€212,000 | €120,000 | €92,000 |
Maximizing Your Beckham Law Benefits
To maximize your Beckham Law benefits, consider these strategies:
- Structure compensation to include Spanish-source elements taxed at 24%
- Keep foreign investments outside Spain to avoid wealth tax
- Plan the timing of stock option exercises and bonuses
- Consult with a tax professional for personalized optimization
Learn more about eligibility in our Beckham Law Requirements guide, or use our Beckham Law Calculator to see your potential savings.
Calculate Your Beckham Law Benefits
See exactly how much you could save with our free Beckham Law Calculator.
Try Beckham Law Calculator