Digital Nomad Visa – Launched

By Chat GPT and WIll

Spain has introduced a digital nomad visa scheme for remote workers looking to work and live in the country. To be eligible, applicants must provide proof that they earn a minimum of €2,334 per month or €28,000 per year, which is 200 per cent of the monthly minimum wage. They must also have health insurance and a clear criminal record for the past five years. The visa is initially valid for 12 months and can be renewed for up to five years.

To apply, individuals can do so directly through a consulate or embassy in their home country or within the first three months of arriving in Spain on a tourist visa. Applicants must provide several documents, including the application form, proof of payment for the admin fee, proof of qualifications or work experience, proof of employment and income, proof the company has existed for more than a year, a letter of authorisation from their company to work in Spain, proof of a clear criminal record, and proof of health insurance.

While digital nomads staying in Spain longer than 183 days are considered tax residents, those under the visa scheme can benefit from a reduced tax rate of 15 per cent during the first four years of their stay, provided they earn below €600,000 a year.

Spain is a popular destination for remote workers due to its excellent internet speeds, low cost of living, warm weather, and cultural attractions. The country has been recognized as having some of the best cities for expats, and its villages have topped rankings for tourism globally.