Spanish Tax for Expats in Marbella — Beckham Law, Wealth Tax & Golden Visa 2026

Art. 93 LIRPF (Régimen Especial para Trabajadores Desplazados) offers a flat 24% rate on Spanish-source income up to €600,000 for 6 years. At a €200k gross salary, this saves approximately €46,000/year compared to standard IRPF progressive rates (top rate 47%). Must apply within 6 months of registering with Social Security via Modelo 149. Not available to those who were Spanish tax resident at any point in the 5 years preceding relocation.

Yes. IP (Ley 19/1991) applies to net worldwide assets above €700,000 for residents, or to Spanish assets above €700,000 for non-residents. Andalusia previously offered a 100% IP regional exemption, but this was overridden by the national Impuesto de Solidaridad de Grandes Fortunas (Law 38/2022, ISGF), which applies to assets above €3 million regardless of regional exemptions.

The Impuesto de Solidaridad de Grandes Fortunas (Law 38/2022, effective from the 2022 tax year) applies at: 1.7% on net assets between €3M-€5M; 2.1% between €5M-€10M; 3.5% above €10M. This is a national tax that cannot be avoided through regional exemptions. Declared via Modelo 718. Residents are taxed on worldwide assets; non-residents only on Spanish-sited assets.

Purchasing through a non-Spanish company (e.g. UK Ltd, BVI) triggers the IRNR "gran lujo" rule: 3% annual imputed income on the property cadastral value, taxable at 24%. A Spanish SL is subject to IS (corporation tax, 25%) plus dividend withholding on distributions. Tax efficiency of offshore structures has diminished significantly since the 2012 anti-avoidance reforms. Specific structuring advice from a specialist gestor is essential before proceeding.

Under Real Decreto 664/2023: purchase property with a minimum value of €500,000, free of any mortgage or encumbrances. Apply at a Spanish consulate or within Spain for a Visado de Inversor (1-year initial visa), then for a 2-year renewable Autorización de Residencia de Inversor. Includes the right to live, work and travel throughout Schengen. Family members (spouse, dependent children, parents) can be included. Golden Visa residency does NOT trigger Spanish tax residency unless you spend 183+ days in Spain.

Under Ley 5/2021 (Andalucía), direct heirs (Groups I and II: spouse, children, parents) receive a 99% reduction on the ISD liability — making the effective tax essentially €0 regardless of estate size. Since the 2015 reform (RDL 17/2015 implementing ECJ ruling C-127/12), non-EU heirs including UK nationals post-Brexit can apply Andalusian regional reductions. File Modelo 650 with the Junta de Andalucía within 6 months of death.