Key facts
- London-based Del Canto Chambers has opened an office in Palma, Mallorca.
- The firm aims to serve British families and entrepreneurs relocating to the island.
- Spain offers legislative and tax incentives for foreign investment.
- UK investment in Spain increased by almost 80% in the first half of 2019.
- Lullius Partners specializes in international taxation and private wealth for US and UK clients.
- Lullius Partners has advised clients on Spain's Beckham Law and Digital Nomad Visa.
London-based family law firm Del Canto Chambers has expanded its operations by opening a new office in Palma, Mallorca. The move is in response to a growing trend of British families and entrepreneurs relocating to the Spanish island, seeking a change in lifestyle and business opportunities.
The firm's expansion into Mallorca aims to provide legal advice on residency, tax incentives, and business opportunities available in the Balearic Islands. Spain has become an attractive destination for UK investors, partly due to legislative and tax benefits, with UK investment in the country seeing a significant increase in recent years.
Lullius Partners, another firm based in Palma, also caters to international clients, particularly from the US and UK, focusing on private wealth and international tax law. They assist clients with navigating Spanish tax obligations, residency issues, and structuring international holdings, including advising on Spain's Beckham Law and Digital Nomad Visa.