Flat rate
24.0%
Duration
6 years
Prior non-residency
5 years
required before applying
Standard top income tax
47.0%
Spain, without the regime
Overview
- Regime
- Ley Beckham (Inbound Assignees)
- Country
- Spain
- Type
- Flat rate
- Status
- Active
- Effective from
- Jan 1, 2005
- Expires on
- —
Details
- Summary
- Special tax regime for inbound workers allowing non-resident taxation at 24% flat rate on Spanish-source income up to EUR 600,000.
- Eligibility
- Must not have been Spanish tax resident in prior 5 years. Must move to Spain due to employment contract or company director role.
- Benefits
- 24% flat rate on Spanish-source employment income up to EUR 600,000 (47% on excess). Foreign-source income (except employment) generally not taxed. Wealth tax exemption on non-Spanish assets.
- Requirements
- Must obtain new employment in Spain or be appointed company director.
- Limitations
- Only covers employment income. Capital gains from Spanish sources taxed at savings rates.
- Income types covered
- Employment income, director fees
- Duration details
- Year of arrival + 5 following years
View source PwC Worldwide Tax Summaries