Spanish Tax Rates Are Very Attractive

I have just written a blog entry in my other blog Valencia Comment about why it can be advantageous to individuals to move to Spain and pay tax here if you are a high earner. It is all to do with the transfer of Ronaldo to Real Madrid and the Beckham Law as it is known allowing tax rates to be set at 25% for a period of up to six years for Spanish residents. It was actually set up for the America’s Cup in Valencia but then given its nickname after David Beckham moved to Real Madrid.

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So if you are a high roller and are thinking of moving to Spain then you might very well be better off in other ways too apart from lifestyle and wellbeing.