For British citizens exploring a move to Spain, Mallorca has emerged as a top destination offering unparalleled opportunities for lifestyle enhancement, wealth preservation, and seamless integration into a Mediterranean way of life. At Lullius Partners, we are the go-to firm for British expats in Mallorca, renowned for delivering top-tier, high-value advisory services. Our tailored legal and tax solutions are specifically designed for high-net-worth individuals (HNWIs), expatriates, and families seeking a sophisticated, stress-free relocation experience.
Our deep expertise in UK and Spanish tax systems, combined with years of experience in cross-border legal and financial advisory, positions us as the leading firm for British expats looking to make Mallorca their home.
Why Mallorca Appeals to British Expats?
Mallorca combines stunning natural beauty with practical benefits that cater to the unique needs of British expatriates, including:
- Effortless Connectivity: With regular direct flights from the UK and excellent infrastructure, Mallorca offers the convenience of being close to home while enjoying an international lifestyle.
- Favorable Tax Opportunities: Leverage Spanish incentives like the Beckham Law, which offers reduced Spanish income tax rates for eligible individuals, or benefit from tax-efficient structuring to optimize wealth preservation under Spanish and UK regulations. Additionally, in the Balearic Islands, individuals currently enjoy a Wealth Tax exemption threshold of €3 million per person, providing a significant advantage for high-net-worth individuals looking to establish residency in Mallorca.
- Exclusive Living: Mallorca offers world-class real estate options, including luxury villas and prime investment properties, as well as a vibrant cultural and culinary scene.
At Lullius Partners, we go beyond relocation; we focus on aligning your personal, tax, and legal priorities to make Mallorca not only a home but a strategic base for your future.
Comprehensive Services for British Expats
Our suite of services is specifically designed to address the concerns and aspirations of British expatriates, covering every aspect of relocation and cross-border wealth management.
A) Tax Planning & Compliance
- Strategic advice to minimize liabilities in Spain and the UK.
- Guidance on benefiting from the Beckham Law, significantly reducing Spanish income tax rates.
- Expert handling of double taxation issues under the UK-Spain Tax Treaty.
- Strategies for Spanish Wealth Tax optimization and exemptions.
B) Seamless Relocation Support
- Assistance with visas, including Spain’s Digital Nomad Visa and other residency options.
- Comprehensive support for families relocating, including legal and educational considerations.
- Advice on achieving residency status while mitigating tax exposure.
C) Real Estate & Investment Structuring
- Legal counsel for purchasing luxury properties, including due diligence and tax optimization.
- Structuring real estate investments to maximize returns while mitigating risks.
- Establishing businesses or subsidiaries in Spain with tax-efficient structures and compliance across jurisdictions.
Case Studies: How We’ve Helped British Clients
At Lullius Partners, our track record speaks volumes. Here are some of the ways we’ve helped British expats thrive in Mallorca:
- Reducing Tax Obligations for a Relocating Executive
We assisted a London-based executive in leveraging the Beckham Law to lower Spanish income tax rates while ensuring compliance with UK tax obligations during their transition.
- Estate Planning for a Multigenerational Family
Designed an estate plan for a British family relocating to Mallorca, ensuring smooth wealth transfer and optimal tax efficiency across Spanish and UK jurisdictions.
- Acquiring Luxury Real Estate in Mallorca
Guided a couple from Surrey in purchasing a high-value villa in Mallorca, managing all aspects of the transaction, including legal due diligence, tax structuring, and property management advice.
- Business Expansion to Mallorca
Supported a UK-based entrepreneur in establishing a business presence in Mallorca, ensuring full compliance with Spanish corporate laws and aligning operations with the client’s global strategy.
Our Competitive Edge: Expertise in UK-Spain Cross-Border Matters
Integrated Cross-Border Solutions
Our collaboration with top UK tax and legal professionals enables us to provide comprehensive, dual-jurisdiction strategies. Whether navigating Spanish residency requirements, managing UK pension tax implications, or optimizing cross-border estates, we ensure seamless coordination tailored to your needs.
Local Knowledge with Global Perspective
As a Mallorca-based firm with international reach, we offer a unique combination of on-the-ground expertise and an understanding of the complexities British clients face. From legal requirements to cultural nuances, we make your transition to Mallorca effortless and rewarding.
Why Lullius Partners?
At Lullius Partners, we are committed to delivering high-value, bespoke solutions for British clients relocating to Mallorca.
Let us guide you through every aspect of your move—so you can focus on embracing your new Mediterranean lifestyle while we handle the intricacies of legal, tax, and financial planning.
Contact us today to learn how we can make your relocation to Mallorca a strategic success.
