Many European countries have already launched their Digital Nomad Visa programs to attract international talent to their economies. Countries including Georgia, Norway, Malta, and Greece. With the global interest rising and the demonstrated success the programs have achieved, many other nations have been encouraged to create their own. Therefore, this program, Spain Digital Nomad Visa is currently in process.
Spain Digital Nomad Visa Requirements
Digital Nomad Visas are similar to a full-time work visa. They offer temporary residence rights to foreigners anywhere from six months to two years, as long as they have a job and satisfy the nation’s minimum monthly income requirement. They are targeted at those who work remotely within the realm of technology and whose employers and customers are not located in the country in question.
The primary requirements for the Spain Digital Nomad Visa program is that applicants must be foreigners working remotely and employed by an organization that isn’t working outside of Spain.
Those who are self-employed and provide their services independently – without an employer direct – will be allowed to dedicate 20 percent of their business activities to a business registered in Spain.
Remote workers also must satisfy the government’s minimum income requirement in order to be eligible for the Nomad Visa, which will most likely be double the national minimum wage in Spain. Because the current minimum monthly wage is EUR1,050 digital nomads must show that they earn at minimum EUR2,100 – if not EUR3,000 each month in order to be considered to be eligible for the visa.
The other requirements will be clarified when the program is approved in January 2023.
Who can get a Digital Nomad Visa for Spain?
Any non-EEA national employed by a firm outside of Spain who is able to work remotely from their home or work from abroad with an internet connection is eligible for visas for remote work. Spain remote worker visa. EU passport holders are already granted to reside and working from your home within Spain without needing an visa if their stay is less than six months.
The main eligibility criteria for the Spain Digital Nomad Visa for non-EU citizens:
Applicants must be employed by an entity that isn’t Spanish, or have clients in Spain and present the employment contract.
Applicants must earn a worldwide income that is at the most 20% coming by Spanish companies.
Candidates must not have residency status in Spain in the past five years prior to the date of their application.
Candidates must have been employed remotely for at least one year.
The applicant must have an unblemished criminal record and not have been previously denied entry to Spain.
All applicants must have health insurance coverage that is applicable throughout Spain.
Candidates must prove accommodations to stay within Spain.
The full-time employees who have a contract with a foreign company need to prove that they have worked with their employing company at least 3 months prior to the date of application and also provide proof that the business allows remote work.
The holders of the Digital Nomad Visa will also be able to follow a less complicated procedure to apply for residency upon arrival in Spain as the Spanish government requires them to register for an residence permit with local municipalities within 30 days of arriving within the country.
How to apply for an application for Spanish Digital Nomad Visa
Details regarding the application process for the Digital Nomad Visa in Spain remain to be clarified, as the legislation has recently been adopted by the lower house in the Spanish Parliament, and further has to be published.
However, as it is an Spanish visa, applicants will likely need to submit the Digital Nomad Visa application form to the nearest Spanish Consulate and/or Embassy to gain permission to reside for a period of time in Spain in the capacity of foreign employees.
The holders of the Spanish Nomad Visa are permitted to travel visa-free across EU’s Schengen Area, which consists of 26 EU member states – for as long as their visa is valid.
What is the duration of the Digital Nomad Visa Spain?
It is believed that the Spanish Digital Nomad Visa will initially be valid for one year. Successful remote workers could convert their Nomad Visa into a temporary residency permit with a maximum validity of three years from the time they arrive in Spain.
The holders of the Spanish Digital Nomad Visa who have obtained their renewable residency permit will be able to keep their valid temporary permit for two more years upon it renewing, making the Digital Nomad Visa valid for up to five years. Remote workers from other countries can be granted permanent residency after five years. The primary condition is that they meet the requirements from the Spanish government.
Digital nomads living in Spain are eligible for significant tax breaks under the Startup Act, namely paying non-resident income tax rates (IRNR) instead of resident income tax rates (IRPF) This means they will only be required the tax to be paid at a reduced rate of 15% on their incomes for a maximum period of four years instead of paying the tax rate average of 24%.
In addition, should digital nomads choose to bring along their eligible family members, the tax regime will be extended to spouse of the applicant and any children who are under 25 years old – or to children of any age if they suffer from disabilities.
Does anyone have a Digital Nomad Visa for Spain?
The Spanish Digital Nomad Visa is in the process of being developed, and the government plans to launch it in 2023 in order to draw digital nomads and remote workers into the nation.
Are there any opportunities to move to Spain as a digital nomad?
Non-European Economic area citizens are required to wait until Spain’s Digital Nomad Visa to come into force in 2023 before they are able to work from home in Spain. Until then, they can apply for additional Digital Nomad Visas, for instance, Portugal D7 Visa. Portugal D7 Visa, and have identical rights.
Can I move to Spain through a remote job?
EU passport holders are currently able to relocate to Spain with a remote job for a period of at most six months. Non-EEA nationals will have to attend to the Digital Nomad Visa Spain comes out before they can apply to become a resident in Spain and begin work remotely there.
How do I apply for residency in Spain?
Golden Visa Spain is a residency-by-investment program that grants qualifying individuals renewable residency rights in Spain in exchange for a contribution to the nation’s economy, starting at a minimum of EUR500,000.
Copyright – Classicalnet