You’re moving to Spain
«I’m moving to Spain.»
If you arrive in Spain with assets abroad, what you do before registering as a resident counts as much as what you do afterwards. Choosing the right tax regime and organising what you leave in other countries avoids paying twice or paying too much.
What to decide first
- Whether you can apply for the Beckham Law and whether it suits you, because it is not always the best option.
- What assets you hold abroad and how they will be taxed from the day you arrive.
- Which autonomous community you will live in, because taxes vary a great deal from one to another.
- Which residence permit applies to you and your family.
- What you will have to declare in Spain about your assets abroad.
How we work on it
Before you arrive, we review your situation in your home country and in Spain, choose the regime and the region with you, and prepare your residency. Afterwards we take care of the tax returns and make sure your assets abroad are taxed only once.
Mistakes we often see
- Arriving and applying for the Beckham Law after the deadline.
- Not checking beforehand what taxes your home country charges when you stop being resident there.
- Finding out too late that you must declare the assets you hold abroad.
Frequently asked questions
What is the Beckham Law?
A special regime for people who move to live in Spain. In the year you arrive and the following five, you are taxed in a similar way to a non-resident. It has conditions and a deadline for applying.
Do I have to pay tax in Spain on my assets in other countries?
It depends on the regime you apply. With the Beckham Law, generally only on what you hold in Spain. Without it, on everything you own worldwide.