A Spanish non resident tax law
This article is about our soft landing services in combination with the application of Beckham´s law in Spain. In 2005 Spain adopted the Beckham law. Its purpose was to offer a mild tax climate to attract talented and highly skilled foreign physical persons in order to further internationalize and increase competitiveness of Spanish companies. The law got its nick name after David Beckham who transferred in 2003 from Manchester United in England to go and play for Real Madrid in Spain. His transfer fee amounted to 37,5 million Euro and his salary was said to be 17 million GBP per year. He was supposedly one of the first to apply for this special tax regime and benefit from it.
To be eligible for its application one needs to comply with the following: Continue reading “Soft Landing and the Beckham law in Spain”