Beckham Law is the tax for non-residents that apply only to income earned in Spain, not to world income. This option applies to the year of resettlement and the 5 following years, provided a number of other conditions are met. This law intends to attract highly skilled professionals from abroad through tax benefits. In this…
Non-residents of Spain are generally taxed on their world income in their country of residence and pay taxes in Spain only in respect of assets located here. The ownership of real estate plays a particularly important role here, as it affects both income tax and real estate tax. In order to be able to carry…
Foreign investment is an international capital movement undertaken with the intention of obtaining a direct and lasting influence on the business activities of the enterprise receiving the capital or of injecting new funds into an enterprise in which the investor already holds a significant interest. These foreign investments are mostly made by multinational companies. Foreign…
Golden Visa is a Spanish government’s law, which can be beneficial to non-EU citizens, who is interested in investing in Spain. Spain launched the Golden Visa program in 2013 to make the Spanish economy more competitive, increase the motivation for foreign direct investment, strengthen foreign trade and promote the creation of local jobs. Changes to…
Inheritance tax is a tax that a person must pay on money or property inherited after the death of a loved one. This tax is based on who gets the assets of the deceased and the value of what the deceased gets. The general procedure for inheritance tax in Spain: Inheritance and gift tax in…
In our blog we have published different articles related to the special Beckham Law regime for displaced workers regulated in article 93 of the Personal Income Tax Law, from its basic content and requirements up to a calculator to determine if you can take profit from the application of the aforementioned special regime or not….
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