For those who are digital nomads or considering becoming one, Spain has become an attractive destination of choice. The Nomad Visa offers a unique opportunity to live and work in a place rich in history, culture and natural beauty, while continuing to develop your career online.
What exactly is the Nomad Visa? It is a visa strategically designed to attract international talent and encourage digital entrepreneurship in Spain.
This visa grants the flexibility to reside and work in the country for an adaptable period ranging from 1 to 5 years. This means exceptional freedom to explore and experiment in Spain’s beautiful environment.
– Hold an undergraduate or postgraduate degree from a reputable university or demonstrate at least 3 years of experience and training equivalent to a university degree.
– Work for companies based outside Spain.
– Maintain an employment or professional relationship with a minimum duration of 3 months and a contract of at least 1 year.
– Have the approval of the employer company for teleworking.
– Demonstrate a minimum income that is at least double the Minimum Interprofessional Wage (currently €30,250 per year).
– Not to have resided in Spain for the last 5 years.
– Not have a criminal record.
– Have private health and travel insurance that covers all needs in Spain.
– Favourable tax regime, with a flat tax of 24% on income for the first 5 years, plus exemption from wealth tax and information declaration for residents of assets abroad.
– The possibility of bringing your family with you, extending the residence permit to your spouse and descendants.
– The opportunity to work for Spanish companies, on the condition that it does not exceed 20% of your total income.
– The option to apply for Spanish nationality by residence, with the time of residence counted according to your nationality of origin.
This visa is available for non-EU workers, which means that it is accessible to people from all over the world.
In terms of the activities you can carry out with the Nomad Visa, this is ideal if you work remotely using IT systems and technology. Your main income must come from foreign companies or a client base outside Spain. However, you also have the opportunity to collaborate with Spanish companies or clients, as long as this income does not exceed 20% of your total earnings.
Seize the opportunities, embrace the freedom and make Spain your home as a digital nomad.