Spain Digital Nomad Visa
Overview
Under the new Startup Law, Spain aims to be one of the leading countries in attracting entrepreneurs, investors and skilled workers, to bring in new international talent to the country. Foreigners who wish to work remotely from Spain may now start applying.
A new resident permit that allows non-EU citizens to live and work remotely from Spain. It is available for all other nationalities.
Eligibility
Highly qualified professionals or workers with a minimum 3- year work experience who work for an international company based outside of Spain.
- Visa application form: Fill out the national visa form accurately, ensuring the information aligns with other submitted documents. Do not confuse this with the Schengen visa form.
- Valid passport: Must be issued within the last 10 years, have a minimum validity of one year, and at least one blank page for the visa sticker.
- Two identical photos: Ensure they meet Spain visa photo specifications.
- Medical certificate: Obtain this from an authorized doctor in your country of residence, confirming you have no diseases posing public health risks. Must be no older than 90 days upon submission.
- Private health insurance: Secure coverage from a private Spanish insurer.
- Original police clearance certificate: Verifies no illegal activities within the past five years. Must be no older than three months upon submission.
- NIE number: A unique personal number assigned to foreigners staying in Spain for over six months. Apply at the Spanish consulate before applying for a visa.
- Proof of sufficient income: Crucial for a successful application, provide evidence of a minimum monthly income of €2,450 and an additional €600 for each dependent. Acceptable proof includes:
- Bank statements from the past three months.
- Employment letter outlining salary, if receiving income from an employer outside Spain.
- Proof of investments.
- Evidence of other income sources, such as rental property.
- Marriage/birth certificate: Required for dependent applicants.
Benefits
The candidate is eligible for permanent residency after 5 years, with the option to include his/her family (spouse and children).
Fast-track application: Resolution in 20 -30 working days.
Visa-free travel in the Schengen area.
Renewal after 3 years (for an additional 2 years).
DOES IT HAVE A SPECIAL TAX REGIME?
Yes. Holders of the digital nomad visa can benefit from a special tax regime. If the applicant has not been a tax resident in Spain during the last five years, he/she will only pay a flat rate of 24% on income derived from work up to 600.000€, instead of the usual progressive rate.
You must apply for the special regime with the Spanish tax agency within 6 months of obtaining the residence permit.
Digital nomads may also request the deferral of the IRNR in the first and second year with a positive tax base.
Process
Step 1
Forest Gate will do the initial due diligence of your documents.
Step 2
Compile the required documentation.
Step 3
Forest gate will help you to open a bank account in Spain.
Step 4
Apply through a local embassy (an interview may be required)
Step 5
Wait for approval.
Step 6
Biometric appointment.