Expat Taxes in Spain

[!TIP] The Beckham Law is the holy grail of European tax planning, but you must apply correctly.

The Beckham Law (Special Expats Tax Regime)

The Digital Nomad Visa allows you to apply for the Beckham Law, treating you as a non-resident for tax purposes for up to 6 years.

• The Rate: A flat 24% tax on your Spanish-sourced employment income up to €600,000.
• Foreign Income: Your foreign-sourced capital gains, dividends, and interest are tax-exempt in Spain. You also do not need to file the intrusive Modelo 720 (declaration of overseas assets).
• The 6-Month Deadline: CRITICAL: You must apply for the Beckham Law within 6 months of registering with Spanish Social Security. If you miss this window by a single day, you are permanently barred and will default to Spain's progressive tax rates (up to 47%).

Wealth & Solidarity Tax

Spain is one of the few European countries with a Wealth Tax. However, under the Beckham Law, you are only taxed on assets physically located in Spain. Keep your investments offshore, and you are largely shielded.