The newspaper Economía 3 has published an opinion article by our associate director of the Tax Department, Teresa Girón, entitled «What tax advantages can expats benefit from? What about expatriates?«. In the text, we talk about the famous Beckham Law, referring to the regime of impatriates, digital nomads and expatriate workers.
As Teresa Girón, an expat, explains "is that person who leaves his or her country of residence to move to work in another country of destination, which, in this case, would be Spain", and will be taxed at the tax rate of 24% for work income up to 600.000 euros. «From this amount -Teresa Girón clarifies- will be taxed at 47%».
The famous Beckam Law - explains Girón - is this regime for impatriates that at first its objective was to attract personnel but finally "It was used by great artists and athletes, so they decided to modify it and restrict it so that it would not be applied indirectly to athletes."", recognize.
Currently, all people who come to work in Spain will continue to pay taxes as if they were non-residents, which means that they will pay tax at a rate of 24% for income from work up to 600.000 euros. The associate director of the Tax Department of tomarial explains in this article that famous nomads will also be able to benefit from this incentive but «"It does not apply to people who are retired, who are rentiers or who have patrimonial companies.".
On the other hand, a worker is considered an expatriate when a company relocates Spanish workers to companies outside Spain. In this case, explains Girón, "Those who acquire tax residence in Spain, who are going to live outside our country for more than 183 days and have their center of economic interests in Spanish territory may apply the planned exemption of 60.100 euros". However, he clarifies, "It must be very well justified that there is a relocation of the person who was in Spain to another country, and that these services are being provided in other countries".
