The Beckham Law (named after a British football player), also known as the Special Tax Regime for Foreign Workers, is a tax regulation in Spain aimed at attracting highly skilled professionals and investors to the country by providing them with favorable tax treatment. Under this law, foreign workers are subjected to a flat income tax rate of 24% for a period of six years, regardless of their income level (this is no tax advisory. There are more facts to consider.) Investors capital gains are treated favorable as well. The aim is to attract rich foreigners to Spain.
This law applies to individuals who meet certain requirements, such as being a new resident in Spain and having not been a resident in the country for the previous 10 years.
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