The Beckham Law lets qualifying new residents pay 24% flat tax on Spanish income instead of rates up to 47%. Named after David Beckham, who used it when joining Real Madrid.
Who Qualifies
- Not a Spanish tax resident in the last 5 years
- Moving for work, as director, or (since 2023) as digital nomad or entrepreneur
- Most income from Spanish sources
Benefits
Tax Rate: 24% flat on income up to €600,000. 47% above that.
Foreign Income: Only Spanish-source income taxed. Foreign income (except employment) may be exempt.
Duration: 6 years (year of move + 5).
Limitations
- Apply within 6 months of starting work
- Cannot own 25%+ of a Spanish company (exceptions exist)
- Wealth tax still applies
- No tax treaty benefits for employment income
- Must elect in—not automatic
Worth It For
High earners on Spanish contracts. Those with significant foreign non-employment income. Executives.
Not ideal for: Lower earners (regular rates may be better). Those needing tax treaty benefits.
How to Apply
- Register for tax residency
- Submit Form 149 within 6 months
- Include contract and passport
Miss the deadline, lose eligibility. No exceptions.