Nov 27 2024 11 mins
In this episode, Tytle’s tax expert explores Spain’s Beckham Law, a special tax regime offering favorable conditions for foreign professionals moving to Spain. Designed to attract international talent, the law applies a flat tax rate on Spanish-sourced income and provides exemptions for certain types of foreign income.
The discussion covers key topics such as eligibility criteria, including requirements for those on employment contracts or digital nomad visas, as well as exceptions for freelancers and specific professions. Additional considerations include the treatment of capital gains, the application of Spain’s wealth tax, and the duration of the regime. The episode also outlines the process for applying and highlights cases where freelancers or self-employed individuals might qualify.
Want to know more? Go to www.tytle.io