Spain is launching a new digital nomad visa, which will allow Britons and people from other non-EU countries to work and live abroad.
Spain’s parliament approved the move in December, and this visa introduction is part of the country’s recently passed start-up law.
The application process is expected to be open to interested parties before the end of March 2023.
The visa allows people to live and work in Spain for up to a year initially, and then apply for an extension, up to a total period of five years.
The digital nomad visa will be made available to remote workers who can then live in Spain. Employees, in turn, will also be entitled to a tax benefit.
But who is eligible for a digital nomad visa and how does it work?
Read on for everything we know about Spain’s new digital nomad visa.
How does the Spanish digital nomad visa work?
The digital nomad visa allows successful applicants from non-EU countries – also known as third countries – such as the UK, to live and work in Spain.
For starters, the visa allows holders to stay in Spain for one year, but this time frame can then be extended to a maximum of five years.
Those living in Spain with a digital nomad visa are entitled to tax benefits. For the first four years, visa holders pay 15 percent of their income to the Spanish government, instead of the country’s standard income tax of 25 percent.
Who can apply for a digital nomad visa in Spain?
The new digital nomad visa will be available to those who work remotely for companies outside of Spain, as well as employees who receive up to 20 percent of their income from companies based in Spain.
To apply, prospective visa holders must demonstrate that they earn enough money to be self-sufficient.
Applicants will be asked to provide an employment contract proving they have worked for a company for three months or more or, if self-employed, prove they have worked for more than a year in companies outside Spain.
Close relatives such as a spouse or children may also join the applicant.
Applicants must not have been Spanish residents within the past five years or have a criminal record.