Spain Nomad visa / gibraltar company

[harry1995]

Hi, with the new easy Spainish nomad visa and the Beckham law ( no tax on overseas dividends) could I live in Spain and open a company in gibraltar company flipping vintage cars in the USA and pay no tax on that income? from what I read you only pay tax under the Beckham law on SPAINISH income at a flat rate of 24%

 

[myhand]

You need to read the many other threads about relocating to Spain, all signs and reactions are DON'T do that!

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[Martin Everson]

harry1995 said:
Hi, with the new easy Spainish nomad visa and the Beckham law ( no tax on overseas dividends) could I live in Spain and open a company in gibraltar company flipping vintage cars in the USA and pay no tax on that income?
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You need to examine clearly any tax agreements between Spain and Gibraltar post brexit. There has always been a hostile economic situation between Spain and Gibraltar. I would get proper tax advice in relation to Beckham law when it comes to Gibraltar.

See page 3 below.

https://www.gibraltar.gov.gi/new/si...ss Releases/Text of Tax Treaty in English.pdf
P.S In general I would avoid Spain if tax is your main concern. Can't believe you are still hunting for solution since April 😕.

https://www.offshorecorptalk.com/threads/recommendations-for-offshore-company.40907/post-254383

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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.