Spain has officially launched its long-awaited digital nomad visa, allowing remote workers from non-EU countries to live and work in Spain for up to five years. This initiative is part of Spain’s new Startup Act, aimed at attracting international talent and boosting the country’s tech scene.

What We Know About The Spanish Digital Nomad Visa

• The visa is available to non-EU nationals working remotely for non-Spanish companies.
• Applicants must meet specific income and professional requirements.
• The visa offers tax benefits and the possibility of family reunification.
• Spain joins other European countries like Portugal and Italy in offering digital nomad visas.

Eligibility Criteria

To qualify for Spain’s digital nomad visa, applicants must:

• Be a citizen of a non-EU country.
• Work for a non-Spanish company or companies for at least three months prior to application.
• Prove that their job can be done remotely.
• Have a university degree or three years of professional experience.
• Earn at least 200% of Spain’s monthly minimum wage, currently around €2,334 per month.
• Have no criminal record in the past five years.
• Possess health insurance.

Application Process

1. Gather Necessary Documents: Applicants need to collect various documents, including proof of employment, income, qualifications, and a clean criminal record.
2. Book an Appointment: Schedule an appointment at a local Spanish consulate or embassy.
3. Attend the Appointment: Submit the required documents and answer any questions from the consulate or embassy officials.
4. Collect Your Visa: If approved, applicants can collect their visa within a month.
5. Obtain NIE and NIF: Upon arrival in Spain, applicants must get a national identity number (NIE) and a tax number (NIF).

Duration and Renewal

The digital nomad visa is initially valid for 12 months. After this period, holders can apply for a three-year residency permit, which can be renewed for an additional two years, allowing for a total stay of up to five years. Visa holders must not be absent from Spain for more than six months per year to maintain their status.

Tax Benefits

Digital nomads in Spain can benefit from a reduced tax rate of 15% during the first four years of their stay, provided they earn below €600,000 annually. This is a significant reduction from the usual 24% rate.

Family Reunification

Close relatives, such as spouses and children, can join the visa holder in Spain. The family must prove sufficient funds to support themselves. Spouses or civil partners included in the application are also allowed to work in Spain.

Comparison with Portugal’s Digital Nomad Visa

Spain’s digital nomad visa is similar to Portugal’s, which also allows for a five-year stay. However, Portugal has a higher minimum income requirement. Both visas offer the benefit of visa-free travel throughout the Schengen Area.

Potential Concerns

While the digital nomad visa is expected to boost local economies, some critics worry that the influx of foreign remote workers could raise housing prices in already expensive areas. Despite these concerns, the visa has received broad support from both sides of Spain’s political spectrum.

Conclusion

Spain’s digital nomad visa offers a unique opportunity for remote workers to live and work in one of Europe’s most attractive destinations. With its favorable climate, excellent internet speeds, and rich cultural heritage, Spain is set to become a top choice for digital nomads worldwide.