BMC Baleares
BMC representation in the Balearic Islands, by appointment in Palma de Mallorca. Tax and wealth advisory for international residents, non-resident property owners and high-net-worth families across Mallorca, Menorca and Ibiza.
- Meeting location
- Carrer Monsenyor Palmer 1, Palma, Palma de Mallorca
- Phone
- +34 910 917 811
- baleares@bm.consulting
Appointments only — book online
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Specialist advice in Palma de Mallorca
The Balearic Islands rank among Spain’s most concentrated markets for international wealth. Mallorca and Ibiza consistently feature among the Mediterranean’s most active luxury real estate markets, drawing high-net-worth buyers and investors from Germany, the United Kingdom, the Netherlands, Scandinavia and beyond. The Balearics also have their own regional fiscal landscape — more favourable inheritance tax rates than most Spanish regions, a regional wealth tax surcharge, and Balearic-specific personal income tax deductions — which makes specialist advice genuinely material for international residents, foreign property buyers and multi-jurisdictional families with assets on the islands. BMC serves clients in the Balearic Islands by appointment.
From Palma, our team advises on the full range of tax and legal matters relevant to the islands’ international community: non-resident income tax (IRNR) for property owners and investors who earn Spanish-source income without being Spanish tax residents; the Beckham Law impatriate regime for individuals relocating to the Balearics who qualify for the flat 24% rate; real estate structuring for buyers and developers navigating acquisition, holding and exit in a high-value market; and wealth tax and succession planning for families holding significant assets across the islands.
The Balearic tax environment rewards planning. Regional inheritance tax (Impuesto sobre Sucesiones y Donaciones) reductions available in the Balearics can be significant compared to the national default, but they depend on residency and asset classification — factors that require careful coordination between estate planning and tax structuring. BMC works alongside families and their legal advisors to ensure that the succession plan and the holding structure are aligned before an estate event arises, not after.
The Baleares representation operates by appointment. We cover Palma and the Calvià coast, the Tramuntana mountain communities, Ibiza and Formentera, and Menorca. For international clients, Palma Airport (PMI) connects directly with most major European cities. To schedule a consultation, write to baleares@bm.consulting.
Related services
- Non-Resident Tax (IRNR)
- Beckham Law / Impatriates
- Wealth Tax & High Net Worth Planning
- Real Estate Law
- Succession Planning & Family Protocol
Mallorca office · By appointment — request online.
Frequently asked questions — BMC Palma de Mallorca
What services are available at the Palma de Mallorca office?
The Palma de Mallorca office provides advice across all BMC practice areas: tax, legal, corporate, employment and immigration. For highly specialist matters, we co-ordinate with the central team.
How do I book a meeting in Palma de Mallorca?
You can request an appointment via the contact form or by calling the office directly. We are available Monday to Friday, 09:00–19:00.
What geographic area does the Palma de Mallorca office cover?
The Palma de Mallorca office covers the ES-IB region and surrounding areas. For other locations, you can co-ordinate with any of our 14 offices and representations.
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