Nice video. What isn't clear to me, from a tax perspective, is what could be the best option between the two. I plan to move to Spain to work for my company based in Berlin, which also has an office in Madrid. I am pretty sure to have all the requirements to apply for both but because my idea is to work and live permanently in Spain I am not sure what to choose. Mazbe the Beckham law could be the best option
Important: For the majority of applicants, the Beckham Law will NOT be granted! Self-employed / contracted individuals on Digital Nomad Visas will be registered into the Spanish progressive tax system. Stop these lawyers from making money on false statements 😤 ! They are not tax experts 🙄 and people applying for the DNV need to understand the actual facts. You will become a tax resident of Spain upon achieving the approval of the DNV and pay social security, quarterly taxes, and year-end taxes period. These videos confuse instead of providing clarity to 99% of applicants!
Hi, I have spoken to a tax specialist from a law firm in Spain specializing in tax law and they said nomad visa holders are eligible to apply for Beckham law. Could you please expand more on this? Thank you!
Be aware that there is no savings pre tax like UK pensions tax savings, no tax free employer pension contributions and no ISAs. People should calculate their tax rate after pension tax relief because it could be closer to 24% than they realise all things considered.
Great info thanks !! 😊
Glad it was helpful!
Nice video. What isn't clear to me, from a tax perspective, is what could be the best option between the two. I plan to move to Spain to work for my company based in Berlin, which also has an office in Madrid. I am pretty sure to have all the requirements to apply for both but because my idea is to work and live permanently in Spain I am not sure what to choose. Mazbe the Beckham law could be the best option
Best bet is to have a chat with a local lawyer
Important: For the majority of applicants, the Beckham Law will NOT be granted! Self-employed / contracted individuals on Digital Nomad Visas will be registered into the Spanish progressive tax system. Stop these lawyers from making money on false statements 😤 ! They are not tax experts 🙄 and people applying for the DNV need to understand the actual facts. You will become a tax resident of Spain upon achieving the approval of the DNV and pay social security, quarterly taxes, and year-end taxes period. These videos confuse instead of providing clarity to 99% of applicants!
Hi, I have spoken to a tax specialist from a law firm in Spain specializing in tax law and they said nomad visa holders are eligible to apply for Beckham law. Could you please expand more on this? Thank you!
Be aware that there is no savings pre tax like UK pensions tax savings, no tax free employer pension contributions and no ISAs. People should calculate their tax rate after pension tax relief because it could be closer to 24% than they realise all things considered.
Thanks for your feedback, always appreciated!
Please if possible to explain us how does it work when applying for a mortgage loan as digital nomad visa resident. Thank you🍷🍷
If you get in touch via info@cloudninespain.com we can try to help you!