What Is the Beckham Law?
The Beckham Law (officially known as the Special Tax Regime for Inbound Workers, or Régimen Especial de Trabajadores Desplazados) is a Spanish tax incentive introduced in 2005. Named after footballer David Beckham, who was one of the first high-profile beneficiaries when he joined Real Madrid, this law allows qualifying foreign workers and entrepreneurs to pay a flat income tax rate of 24% on Spanish-sourced income instead of the progressive rates that can reach up to 47%.
Who Qualifies for the Beckham Law?
To be eligible, you must meet the following criteria:
2023 Amendments: Expanded Eligibility
The Spanish Startup Law (Ley de Startups) expanded the Beckham Law in 2023 to include:
Key Tax Benefits
Flat 24% Income Tax Rate
Instead of Spain's progressive tax rates (19% to 47%), Beckham Law beneficiaries pay:
Income RangeStandard RateBeckham Law Rate
Up to €600,00019% - 47%24%
Above €600,00047%47%
Wealth Tax Exemption
Beckham Law beneficiaries are only taxed on Spanish assets, not worldwide wealth. This is particularly significant for high-net-worth individuals with international portfolios.
No Obligation to Declare Foreign Assets
Unlike regular Spanish tax residents, Beckham Law beneficiaries are exempt from the Modelo 720 (foreign asset declaration), simplifying compliance significantly.
Duration and Limitations
The regime applies for:
After this period, you transition to the standard Spanish tax system.
How to Apply
Why Mallorca Is the Perfect Beckham Law Destination
Mallorca offers the ideal combination for Beckham Law beneficiaries:
Living in Mallorca Under the Beckham Law
Many professionals relocating under the Beckham Law choose Mallorca for its lifestyle advantages. The island offers:
Important Considerations
Frequently Asked Questions
Can I apply if I'm self-employed?
Yes, since the 2023 amendments, self-employed individuals and entrepreneurs can qualify under certain conditions.
Does it apply to investment income?
Spanish-sourced investment income is taxed at 24%. Foreign investment income is generally exempt from Spanish taxation.
Can my spouse also benefit?
Yes, since 2023, spouses and children under 25 can also apply for the regime.
What about the Golden Visa?
The Golden Visa (investment visa) and Beckham Law are separate programs but can be combined. However, note that Spain is phasing out the Golden Visa for real estate purchases.
Contact our relocation team for personalized advice on moving to Mallorca under the Beckham Law.