You may want to explain it for all of us to understand it? few examples for why you all want to get out of Europe could help for a better understanding.
The surveillance of culture.
Yes, capital gain from sale of intellectual property (patents) and dividends. I can structure it the way i want to optimise tax liability the legal way. Im not sure which structure can be most optimal.
Why would I pay 1M to spain if I am under beckham law and the patents are held in a holding company in cyprus and im neither a director or administrator, just a shareholder? Isnt beckham law supposed to avoid everything earned outside spain?
6 years is more than enough to realise all the gains and maybe use the gains and enjoy life in spain after that or live somewhere else. When I can live in spain legally tax free why should I even consider gibralter? Money and gains realised can be brought inside spain too without triggering taxes unlike non dom regime, its a win win. What do you think?
Is there any difference between NHR and beckham law? If portugal offers better incentive than beckham law I can consider but NHR is way too nuanced and beckham law is very clear, NO modello 720 which basically means no declaration of foreign earned income or assets, you are basically treated as a non resident for tax purposes.
Well, so on paper and on the ground I wouldnt qualify for NHR since it will not be completely passive or trading income, worst case after 6 years I can consider moving to gibralter or portugal if there is anything decent or if I like spain I would just make a lifestyle choice rather than only looking at taxes. Beckham law suits me more than non dom regime, i just need to optimise my foreign interests and maybe move it to gibralter instead of cyprus or maybe use both of them together
Yes beckham law is a bit complex, you need to show a job offer and you cannot own more than 25% of the company, income generated in spain is taxed at 24% upto 600k euros a year for 6 years but you are treated as a non resident for tax purposes and no need to file modello 720 which is basically declaration of foreign income and assets. Unless your money is made outside of spain and there is no PE of that company in spain you are good another icing on the cake is that you can bring your foreign earned income or dividend or asset into spain tax free which makes it even better than non dom regime.
