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ARCHIVED - Spain moves a step closer to digital nomad visas
The new permit will allow UK and other non-EU citizens to work remotely in Spain for up to five years
The Spanish government is pushing ahead with its ‘digital nomad’ visa plans, formalising the rules which will make it easier, and cheaper, for non-EU citizens to work remotely in Spain.
Originally announced in December last year, the finer details of the legislation still need to be ironed out, but official sources have indicated that the digital nomad visa will be available to Britons and other freelancers outside of the European Economic Area (EEA) who work remotely for foreign companies and claim a maximum of 20% of their monthly income from Spanish businesses.
The work and residency permit will originally be valid for one year but will be extendable up to five, and remote workers will benefit from huge tax breaks, paying just 15% rather than the usual 25%.
Spouses, children and close relatives of the digital nomad will also be able to piggyback off of the visa.
Other stipulations to qualify for the permit include having worked remotely for at least a year before applying and being able to prove that they have the funds to support themselves while living in Spain.
Some 15 other European nations operate some form of nomad visa and each attaches its own conditions, including a minimum income. It hasn’t been officially announced yet, but Spain is expected to set this monthly figure at around 2,000 euros.
Spain is already a popular destination for freelance workers, offering a relatively cheap cost of living and some of the best internet speeds in the EU. Barcelona, Madrid and Valencia are the most popular spots for digital workers, who in turn provide these vibrant cities with the opportunity to become less dependent on the fickle tourism trade.
“It’s easy to attract talent. Barcelona is small and densely populated and it’s cosmopolitan,” says Sacha Michaud, co-founder of the Glovo food delivery business in the city.
Image: Pixabay
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