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Living the Nomad Dream: Your Ultimate Guide to the Spain Nomad Visa

 

Are you a digital nomad yearning for an ideal destination to live and work remotely? Look no further than Spain, a country known for its vibrant culture, picturesque landscapes, and enticing Mediterranean lifestyle. With the introduction of the Spain Nomad Visa, non-EU citizens can now turn their dream of living as a digital nomad in Spain into a reality.

 

In this blog, we’ll delve into the ins and outs of the Spain Nomad Visa, exploring its benefits, application process, and the incredible opportunities that await you in this captivating country.

Prerequisites for the digital nomad visa

The digital nomad visa can be obtained by two distinct categories of foreign individuals, each with its own specific prerequisites:

  1. Employed individuals who have the consent of their employer to work and travel remotely from a foreign country (specifically, Spain).
  2. Self-employed individuals who have clients scattered across the globe or generate income from various online activities conducted outside of Spain.

Employed Individuals

  • Your current employer(s) must be based outside of Spain.
  • Income earned within Spain cannot exceed 20% of your total income.
  • A minimum of 3 months of work experience prior to the application.
  • A contract with the same company for a minimum duration of 1 year is required.
  • To prove your eligibility, you have two options: either show 3 years of relevant work experience before applying or hold a degree from a reputable university, vocational training institution, or esteemed business school.
  • A criminal records certificate, valid for at least 90 days, legalized and apostilled, must be submitted. Additionally, a declaration of no criminal record for the past 5 years is required.
  • Complete the application and tax forms
  • Private health insurance provides comprehensive coverage throughout Spain.
  • Provide a bank certificate showing a minimum possession of €25,000 for the main applicant, equivalent to 200% of the minimum wage in Spain, and €9441 for each additional family member, equivalent to 75% of the minimum wage in Spain. If the funds are held in a foreign bank, a translated version is required. Alternatively, you can demonstrate the possession of these financial resources through your salary or job contract.
  • The company must have been operational for at least 1 year prior to your application. Additionally, the company needs to confirm that your position allows for remote work and specifically permits you to do so.

Self-employed individuals

  • Your freelance clients must be based outside of Spain.
  • Income earned from Spanish companies or within Spain cannot exceed 20% of your total income.
  • A minimum of 3 months of work experience or freelance relationship with your clients prior to the application.
  • Show 3 years of relevant work experience before applying or holding a degree from a reputable university, vocational training institution, or esteemed business school.
  • A criminal records certificate, valid for at least 90 days, legalized and apostilled, must be submitted. Additionally, a declaration of no criminal record for the past 5 years is required.
  • Complete the application and tax forms.
  • Obtain private health insurance that provides comprehensive coverage throughout Spain.
  • Provide a bank certificate showing a minimum possession of €25,000 for the main applicant, equivalent to 200% of the minimum wage in Spain, and €9441 for each additional family member, equivalent to 75% of the minimum wage in Spain. If the funds are held in a foreign bank, a translated version is required. Alternatively, you can demonstrate the possession of these financial resources through your income,
  • For freelancers, you must be working for at least one company located outside of Spain. The terms and conditions of your contract should clearly state the possibility of working remotely.

Where to initiate the application process for a nomad visa?

 

To apply for this visa, you have two options:

  1. Apply for a digital nomad visa from your home country. This will grant you a one-year visa, which can later be converted into residency.
  2. Alternatively, you can apply directly from Spain while on a tourist visa, which will provide you with a three-year permit that can be renewed for an additional two years.

If you are a foreigner from any country in Latin America, from Andorra, Equatorial Guinea, the Philippines, or Portugal, you can apply for Spanish nationality after 2 years of residence and you will not have to renounce your previous and original nationality, and you will obtain dual citizenship.

 

One of the benefits of this application process is the fast-track option, ensuring a prompt response within just 20 days.

 

After receiving approval, one of the final steps involves visiting the police office to register your fingerprints and obtain your physical residency card.

Advantages in terms of taxation associated with acquiring your digital nomad visa:

 

If you have not resided in Spain for the previous 5 years (as opposed to the typical 10-year requirement), you will have the opportunity to benefit from a fixed tax rate of only 24% on your earnings, as opposed to a progressive rate that could potentially reach up to 48%.

 

 

The Spain Nomad Visa opens up a world of possibilities for digital nomads seeking an enriching experience in one of Europe’s most captivating countries. With its vibrant culture, beautiful landscapes, and opportunities for remote work, Spain beckons adventurous souls to make it their home. So, if you’re ready to embark on a nomadic journey in a country brimming with endless charm, the Spain Nomad Visa is your gateway to a life of freedom, creativity, and unforgettable experiences.

Eager to commence your application IMMEDIATELY? Book your digital nomad visa to initiate the process.


Disclaimer: The information provided in this blog is based on research and general knowledge as of the publication date. Visa regulations and requirements may change, so it’s essential to consult BarcelonaStudents.

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