The 'Beckham Law' (24% flat rate) applies to the rest of Spain. Bizkaia has fiscal autonomy and a different system to attract talent: you get a 30% exemption on gross income plus you can deduct specific expenses (like your apartment rent, school fees, etc.) from the taxable base.
The total tax exemption can reach up to 50% of your gross income.
This stacking effect (exemption + expense deductions) is why the effective rate here often drops well below the national 24%. For example, on a €100k salary, your effective tax rate typically lands between 15-20% (depending on your rent and family status).
Technically, no—and that’s actually a huge plus.
The 'Beckham Law' (24% flat rate) applies to the rest of Spain. Bizkaia has fiscal autonomy and a different system to attract talent: you get a 30% exemption on gross income plus you can deduct specific expenses (like your apartment rent, school fees, etc.) from the taxable base.
The total tax exemption can reach up to 50% of your gross income.
This stacking effect (exemption + expense deductions) is why the effective rate here often drops well below the national 24%. For example, on a €100k salary, your effective tax rate typically lands between 15-20% (depending on your rent and family status).