SPAIN: The long-awaited Spanish digital nomad visa is now available. This remote work visa would provide non-EU nationals the opportunity to live and work in Spain for a total of five years.
This was approved by the Parliament in November 2022 and is a part of the new Startup Act, which deems fit to attract entrepreneurship and boom the tech scene of Spain.
Spain has some of the best internet speeds in the EU, with a low cost of living and pleasant weather that has increased its demand as a destination for remote workers.
These visas are available to non-EU nationals who work remotely for companies outside of Spain’s domain. All those who apply would receive a maximum of 20% of their income from firms in Spain.
Freelancers who are self-employed and who have multiple clients or remote workers employed by a single company outside of Spain are eligible for this visa. Applicants must be able to prove that they are experienced in their field with a minimum of three-year work.
The income threshold is set at 200 percent of Spain’s monthly minimum wage and can be ratified through bank statements, contracts, and invoices.
A lot of other European nations have capitalized on the increase in remote work over the last few years. Countries like Italy, Greece, Croatia, and Portugal have all introduced digital nomad schemes.
In 2022, Spanish Economic Affairs Minister Nadia Calvino said that the country wanted to “attract and retain international and national talents by helping remote workers and digital nomads set up in Spain.”
The digital nomad visas have validity for 12 months for the time span of the employment period if it is shorter than 12 months. They have a renewal for up to five years.
Also Read: Palma de Mallorca: Spain’s Best Island City for a Perfect City Break Trip
