As remote work becomes more common and accessible, the concept of being a digital nomad is gaining popularity around the world. Digital nomads are individuals who have the flexibility to work from anywhere in the world, often traveling to different countries while maintaining their online jobs. One country that has recently introduced a new visa program specifically for digital nomads is Spain.
The Spanish Digital Nomad Visa was introduced in 2021 as a way to attract remote workers and freelancers to the country. The visa allows eligible individuals to live and work in Spain for up to one year, with the possibility of extending it for an additional year. To apply for the visa, applicants must meet certain requirements, such as having a stable source of income from remote work and being able to support themselves financially while in Spain.
To help shed some light on the new visa program, we sat down with a Spanish attorney who specializes in immigration law to answer some common questions about the Spanish Digital Nomad Visa.
Q: Who is eligible to apply for the Spanish Digital Nomad Visa?
A: The visa is available to individuals who can demonstrate that they have a stable source of income from remote work, such as freelancing or working for a company based outside of Spain. Applicants must also have health insurance coverage for their stay in Spain and be able to support themselves financially.
Q: How long can digital nomads stay in Spain on the visa?
A: The visa allows individuals to stay in Spain for up to one year, with the possibility of extending it for an additional year. After two years, digital nomads may be eligible to apply for a different type of visa or residency permit if they wish to continue living in Spain.
Q: Can digital nomads bring their families with them to Spain?
A: Yes, digital nomads can bring their spouses and dependent children with them to Spain on the visa. Family members will need to apply for their own visas and meet the same requirements as the primary applicant.
In addition to speaking with an attorney about the visa program, digital nomads may also have questions about the tax implications of living and working in Spain. To help address some of these concerns, we spoke with a tax expert who provided answers to some common tax-related questions.
Q: Do digital nomads need to pay taxes in Spain?
A: Digital nomads who spend more than 183 days in Spain in a calendar year are considered tax residents and must pay taxes on their worldwide income. However, there are tax treaties in place that may allow individuals to avoid double taxation if they are also paying taxes in their home country.
Q: Are there any tax breaks or incentives for digital nomads in Spain?
A: Spain offers tax incentives for entrepreneurs and self-employed individuals, which may be applicable to digital nomads who meet certain criteria. In addition, there are specific tax deductions and credits available to individuals who work in certain industries or professions.
Overall, the Spanish Digital Nomad Visa provides an exciting opportunity for remote workers to live and work in one of Europe’s most vibrant countries. By seeking advice from legal and tax professionals, digital nomads can ensure that they are fully informed about the requirements and implications of the visa program before making the move to Spain. With the right preparation and research, digital nomads can enjoy a successful and fulfilling experience living and working in Spain.
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When you click on the link, it opens accounting service website not immigration lawyers. Is website correct?
How much money need should in bank account?
Having a youtube channel is qualified for this program ?
Great video, but the website to the law office does not work!
The U.S. Social Security Admistration is not providing anyone a Certificate of Coverage! So, nobody such as an employee will be able to obtain a Digital Nomad Visa! Only self-employed or contract is being processed at which point it will be required to sign up for the Spanish Social security and make monthly payments as self-employed. If your country does allow the Certificate of Coverage, then the company, will pay SS directly to Spain, and yet if that specific country has a treaty for double taxation, then you may not be required but it all depends on your specific circumstances. So please make sure before you make the transition, keep in mind, the Spanish tax year and rules – resident vs non resident taxes(Beckham Law) as lots of taxation (personal, property, world assests, capital gain and wealth taxesin Spain!!! Trust me, its different depending on the region / providence when applying for the DNV from within Spain!
I can't wait to leave the states
In all honesty as usual Spain is so complicated with Tax etc. they will lose out to other countries. The thing is – if EU countries play their cards right Remote workers, who are usually very qualified people with an entrepreneurial spirit may wish to settle in the EU. With their skills!!
what is the tax bracket? online it says that digital workers can get a 24% flat tax via Beckham's law.
You always provide great information on every topic, please keep it up. Wish you more success
Do you have to be present in Spain 100% of the time…or can you travel, for example back to the country for a short time where your company is