The program has officially launched.
While many Americans have come back to the office , a massive amount of the workforce is still treating their lounge like a cubicle . For those lucky few ( million ) , Spain isfinally introducing a digital nomad visaso thatyou can move that nonliteral cubicle to Barcelona or Madrid , or Seville .
The newfangled coveted visa is open to non - EU nationals who work remotely for non - Spanish society , and it is valid for up to five years . You are , however , allow to make some money in Spain as well , but there ’s a jacket at 20 % of your income . As a prescript of thumb , that means if you ’re a freelancer with multiple clients or a remote worker for a party out of doors of Spain , you ’re in .
There are some of import thing to keep in idea , though . If you ’re a freelance , you demand to show proof that you have been working with your client for at least three months before submitting an practical program . If you work for a company , instead , you require to show that it has been functional for at least one year . Needless to say , you also must demonstrate that you may do your line remotely .
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regrettably , not everybody will be capable to gain from this shiny visa , and it boils down to field experience and retiring residences . You must have at least three years ' employment experience in your field to apply , and at the time of your software , you must not be living illegally in Spain , Euronewsreports . You also can not have lived there in the five years before go for .
The program includes a lot of perk , besides the factyou can live anywhere in Spain . As part of the act , which passed in November , visa recipients with an annual income below € 600,000 will qualify for a reduced non - resident income tax for up to four years . Translation : you ’ll only pay 15 % in income taxation versus the distinctive 24 % taxation .
Now , like any visa , there are stipulation . The minimal income requirement is jell at 200 % of the country ’s monthly minimal salary , which presently amounts to € 2,334 per calendar month or € 28,000 per class . Basically , they want to ensure you ’re making enough money to spend in the country . It ’s all capitalism , small fry .
You will also be require to have wellness insurance , and applier must have no felonious record in both Spain and the country they lived in during the five eld before applying .
The digital nomad visa will be valid for up to one year , but you could extend that stop for up to five years . To put on , you could channelise over to the consulate or embassy in your own land , or you could go to Spain on a tourer visa and then apply within the first three month that you ’re there .
The program has officially launched , so perhaps say some moving boxesand pick up Rosetta Stone ?
