What is the Beckham Law in Spain? Complete Guide 2024
Everything you need to know about Spain's Beckham Law special tax regime, including how the 24% flat rate works and who can benefit from this advantageous tax treatment.
Understanding the Beckham Law
The Beckham Law, officially known as the Special Regime for Impatriate Workers (Royal Decree 687/2005), is Spain's special tax regime designed to attract international talent. Named after footballer David Beckham, who famously benefited from this law when he joined Real Madrid, the Beckham Law allows qualifying individuals to pay a flat 24% income tax rate instead of Spain's progressive rates that can reach up to 47%.
Use our free Beckham Law Calculator to instantly estimate your potential tax savings under this special regime.
Key Beckham Law Benefits:
- Flat 24% tax rate on Spanish-source income up to €600,000
- Foreign income exemption - income from outside Spain is generally not taxed
- Wealth tax benefits - only Spanish assets are subject to wealth tax
- 6-year duration - benefits apply for up to 6 tax years
How the Beckham Law Works
Under the Beckham Law, qualifying individuals are treated as non-residents for tax purposes, even while living in Spain. This means you only pay Spanish tax on income sourced from Spain, at a flat rate of 24% (or 47% on income exceeding €600,000).
Compare this to Spain's regular progressive tax system where rates range from 19% to 47%. For high earners, the savings can be substantial. Our Beckham Law Calculator shows you exactly how much you could save based on your specific income.
Beckham Law Tax Rates
| Income | Beckham Law Rate | Regular Rate |
|---|---|---|
| Up to €600,000 | 24% | 19% - 45% |
| Above €600,000 | 47% | 47% |
Who Should Use the Beckham Law Calculator?
The Beckham Law Calculator is essential for anyone considering relocating to Spain for work. Whether you're an executive, tech professional, athlete, or entrepreneur, understanding your potential tax savings is crucial for financial planning.
To learn more about eligibility requirements, read our detailed guide on Beckham Law Requirements.
Calculate Your Beckham Law Savings
Use our free Beckham Law Calculator to see how much you could save.
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