Citizens attracted to Spain under false pretences are being targeted by a ‘draconian’ tax regime, with some losing their life savings, a campaign group alleges. But do the Spanish tax authorities, who have taken high-profile cases against the likes of Shakira and Carlo Ancelotti, deserve this reputation?
‘False pretences’: The ‘Beckham Law’ was designed to attract high-value individuals to Spain by offering a lower rate of tax. Photo: Denis Doyle/Getty Images
For some Irish people it is the ultimate dream – moving to the sunnier climes of Spain to work or to retire to spend balmy evenings enjoying cocktails by the pool and a cheaper cost of living.
But, according to a high-profile international campaign, Spain has become a “nightmare destination” for Irish citizens trying to do their jobs, accumulate wealth and invest in the country’s economy.
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