Spain digital nomad visa

Lusting after tranquil evenings loaded with devouring fragrant paella and dipping your toes in the Meditteranean just after finishing your get the job done for the working day? Then you have to have to hear up.

Spain has improved the sport with its new regulation developed to reward electronic nomads and remote staff seeking to reside in the European hotspot.

Spain digital nomad visa

So, what do we know?

The new electronic nomad visa will supply distant personnel and entrepreneurs with a 12 months-extended visa to keep in the nation, which is extendable to 2 years by applying for a residence authorization as a distant employee.

If that is not plenty of, the home authorization can be extended for a further more 5 a long time, offering you a whole of 7 several years in Spain.

Investors, startups, and distant staff can also reward from a decreased tax amount of 15% per 12 months, so extended as they expend no more than 183 times in the country per year.

The tax reduce is legitimate for the first 4 a long time of your continue to be in Spain.

Electronic nomads can also profit from this tax reduction but are ready to stay for a more time spell – a 1-yr preliminary period of time as opposed to approximately 6 months. 

These improvements to Spanish legislation have been long awaited and are due to appear into effect from January 1st, 2023. Nevertheless, only non-EU people will profit from these phrases.

Whilst no additional official specifics have been introduced as of still, the Spanish federal government will shortly be rolling out its phrases and disorders, which includes the least volume electronic nomads have to get paid to qualify for the visa.

On the other hand, it is envisioned that this least threshold will be around €2,000 for each thirty day period, which will make it one particular of the very best digital nomad visas in Europe.

Let’s assess these revenue prerequisites with other European electronic nomad visas so that you can determine which region is ideal for you.

  • Estonia – €3,504 for every month
  • Portugal – €2,836 per month
  • Croatia – €2,363 per month
  • Malta – €2,700 for each month
  • Czech Republic – €5,727 per yr
  •  Hungary – €2,000 per thirty day period
  • Greece – €3,500 for every month immediately after tax
  • Norway – €35,000 for each 12 months