Do I pay taxes in Spain with a digital nomad visa?

AI Answer
Yes, you will pay taxes in Spain with a digital nomad visa. The good news is most digital nomads qualify for the 'Beckham Law,' which is a special tax regime designed to attract foreign talent. Under the Beckham Law, you'll be taxed at a flat rate of 24% on your Spanish-sourced income up to €600,000 annually. This applies for your first six years in Spain. Income earned outside of Spain is generally exempt from Spanish taxation under this regime, which is a big perk for remote workers. Without the Beckham Law, you'd be subject to progressive income tax rates, which can go much higher – up to 47% for incomes over €300,000. So, opting into the Beckham Law is usually a no-brainer for digital nomads. Make sure to apply for the Beckham Law within six months of registering with Social Security in Spain. This will keep your tax burden predictable and much lower than standard Spanish tax rates.