Why bending it like Beckham could make financial sense in Spain. We sum up the pros and cons of the so-called Beckham Law to help you decide if this tax regime in Spain is for you or not.
Of course, we’ve all heard of David Beckham, one of the greatest footballers ever and now a shining star in the influencer sphere. But did you know that there’s a whole tax regime in Spain named after him?
The so-called Beckham Law offers generous tax breaks for residents in Spain and exemptions from other fiscal burdens such as income and wealth tax on assets outside the country. But as with all tax rules, all that glitters is not gold and the Beckham Law also has its drawbacks.
In this article, we look at the advantages and disadvantages of this regime, known officially as the Régimen especial para trabajadores desplazados, so that you can make a considered decision on whether to apply for this regime.
Read the full article, published in Spanish Properti Inside, here
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