1.• Tax matters. During the first four years of living in Spain, digital nomads will pay a 15% tax instead of the standard base of 24%. •
SPAIN DIGITAL NOMAD VISA
Spain Digital Nomad Visa
7000 Euro
Overview
Spain Digital Nomad Visa
Spain, located in southwestern Europe, is a vibrant and diverse country known for its rich history, culture, and natural beauty. Here are some key points in a brief overview:
- Economy: Spain has a mixed capitalist economy, with key sectors including tourism, manufacturing, agriculture (especially citrus fruits, olives, and wine), and services. Major cities like Madrid, Barcelona, Valencia, and Seville are economic hubs.
- Tourism: Spain is one of the world's top tourist destinations, famous for its stunning beaches along the Costa del Sol and Costa Brava, historic landmarks like the Alhambra in Granada and Sagrada Familia in Barcelona, and vibrant cities offering a blend of modernity and tradition.
Overall, Spain's blend of history, culture, cuisine, and natural beauty makes it a compelling and dynamic country to explore.
What Is a Digital Nomad?
A digital nomad is someone who works entirely remotely using digital technologies. A digital nomad may work out of cafes, beaches, or hotel rooms, and from anywhere in the world, as they are not tied down to any one location.
What Is a Digital Nomad Visa?
A digital nomad visa legally allows visitors to work remotely for a foreign country and receive foreign income for an extended period. Several countries today offer such long-term stay arrangements to work digitally abroad.
As of December 2023, Spain ranks the 1st in the VisaGuide. World Digital Nomad Index with a score of 4.5, making it the best country in the world for digital nomads.
Spain introduced its digital nomad visa in January 2023 as part of the Startup Act, which encourages entrepreneurship and foreign investment.
ADVANTAGES OF A SPANISH DIGITAL NOMAD VISA
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2.• Duration of the visa. The Spain digital nomad visa is a residence permit that can be extended up to five years. Moreover, through the visa, you can apply for permanent residency.
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3. • Fast track application process. You will get an answer for your visa application extremely fast. The application process takes between 15 to 45 days.
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4.• Stable internet connection. The average broadband and fiber internet speed in Spain is 248.25 Mbps.
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5. • You can work for Spanish companies. Unlike other digital nomad visas, you can work for a Spanish company, but your income cannot pass 20%.
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6. • Facilitated process of business establishment. The Startup Law will make it easier for you to establish a business. The process will take a few hours and will be done online.
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7.• Travel opportunities. With the Spain digital nomad visa, you can travel visa-free in other Schengen countries.
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8.• Family members can join you. Under the digital nomad visa scheme, you can bring dependents to Spain. It includes your spouse or partner and children under 18 years of age.
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9. • Affordable living costs. Spain is relatively affordable, especially in terms of housing costs, despite that part of Europe being the world’s most expensive region.
What Are the Requirements for Spain Digital Nomad Visa?
Requirements you must meet for a Spain digital nomad visa include the following:
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You have been a remote worker for at least one year.
You work for a company or companies outside of Spain.
You are allowed to enter Spain and have not been denied entry in the past.
You have access to health insurance with full coverage in Spain.
You can prove your work experience and technical knowledge.
You have not been a resident of Spain in the last five years.
If you work for a company, you must prove you have worked for them for at least three months.
If you are a freelancer, you must work for at least one company (outside of Spain).
You must prove you have an income of €2,140 per month or €25,680 per year.
Unlike other digital nomad visas, you can work with Spanish clients, as long as they only account for 20% of your income.
Option 1
What Documents Are Required for a Spain Digital Nomad Visa?
- 1. A valid passport. Your passport must be valid for at least three months.
- A filled application form.
- 2. Two passport photos. The photo size must be 35mm x 45mm, and the background must be plain gray.
- 3. Proof of employment. You must provide a work contract.
- 4. A letter from the employer stating you can work remotely.
- 5. Proof that your company has been active for at least one year.
- 6. Proof of income. You must prove you have a monthly income of €2,140 through payslips, work contracts, or bank statements.
- 7. Proof of qualifications. You must provide your university degree, professional certificate, or any evidence of your work experience over the last three years.
- 8. Proof of health insurance:. The health insurance company that you purchase the plan from must be authorized to operate in Spain.
- 9. Proof of clear criminal record. You must provide certificates of the latest five years with copies and apostille.
Upon arriving in Spain, you must apply for a Foreigner’s Identity Number (NIE) and Tax Identification Number (NIF). The documents you need for NIE are:
- Your passport with the visa.
- 2. Three passport photos.
- 3. A completed application form.
- 4. Proof of your address in Spain.
Option 2
How Long Can I Work in Spain With a Digital Nomad Visa?
The validity of the Spain digital nomad visa will be one year from the entrance date. Then you can extend your stay to a maximum of five years by applying for a residence permit for three years, and you are allowed to renew it for two more years. Finally, after spending five years in Spain, you can apply for three years, and you are allowed to renew it for two more years. Finally, after spending five years in Spain, you can apply for permanent residence.
Option 3
Can I Bring Family Members to Spain With a Digital Nomad Visa?
You can bring dependents to Spain under the digital nomad visa scheme. Dependents include your spouse or partner and children under the age of 18.
Furthermore, if you want to bring children over 18, you must prove they will financially depend on you and do not have an independent family. If your parents accompany you, you must prove they are in your care.
Paying Taxes as a Digital Nomad in Spain
Whether working for a foreign company or not, anyone who stays more than 183 days in Spain is considered a tax resident. There are, however, tax advantages for digital nomads who live and work in the country. For example, remote workers can pay a reduced tax rate of 15% instead of the usual 24% during the first four years of their stay, provided they earn below €600,000 a year.
In addition, Spain has double treaty taxation with 90 countries. Therefore, if you are paying tax for foreign income in your country, you will not be taxed again in Spain
FIND OUT MORE:
To find out more about how to process or acquire Spain Digital Nomad Visa please contact us and one of our consultants will reach out to you within 24 hours.
Contact with us
Contact Hetdynamic Ltd for Visa & Immigration
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No 3 Akpoguma Street, Surulere Lagos
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Request a Appointment
