More and more nations are now stepping up to design and issue their own variants of digital nomad visas as the practice's popularity continues to soar. According to reports, Spain's visa for digital nomads will shortly go into effect.
Spain appears ready to enact its long-awaited Startup Act in early 2023 after months of teasing. This creates a new pathway for immigration for overseas employees, especially digital nomads, who might be interested in relocating to the nation.
Remote workers who receive 80% of their income from foreign companies are eligible for the visa. Those with permits will reportedly be able to extend the existing one-year visa and will be required to make around 2,000 EUR per 30 days.
The applicants are eligible for a digital nomad visa in Spain if,
The digital nomad visas for all countries have almost the same requirements. You must have all the required documents in place while applying for a digital nomad visa in Spain. Here is a list of credentials you must provide while applying for this visa.
Although it is primarily targeted at non-EEA nationalities, the Spain Digital Nomad Visa is available to all foreigners. When it comes to EU residents wishing to work remotely in Spain, they are now permitted to do so as long as their anticipated stay is less than six months.
Visa Processing Time
Generally, your visa to Spain is processed within 15 days after the Spanish Consulate General receives your complete application. Certain nationalities' visa applications will need to go through an additional security check, which could prolong the visa processing time. Thus, you should be careful and apply at least a month before you are going to move there.
How to Apply
You must email one of the Spanish consulates to make an appointment and carry the necessary documentation if you are applying from the United States. Pay the application cost for the visa, then wait for the confirmation. To stay clear of any issues, you might also contact a specialist.
Duration
The original validity period of the Spain Digital Nomad Visa is one year. The holders might renew it for up to five more years if they were able to fulfil the requirements. After that, they may even apply for permanent residence. However, you must spend at least 6 months each year in Spain
Fees
It costs about 80 EUR to apply for a digital nomad visa in Spain without paying any consular expenses. It costs roughly 20 EUR to apply for a residence card once your visa application has been granted.
The visa is originally valid for one year. You will be allowed to apply for an extension if you meet certain requirements. After five years of extension, they may apply for a permanent stay.
Do digital nomads have to pay taxes?
Short-term nomads won't be subject to local taxes and will likely continue to pay their home country's taxes as usual. But if you decide to stay permanently, certain nations, like France, have harsher rules.
Is obtaining a digital nomad visa (DNV) challenging?
DNVs are simple to get, just like tourist visas, but they do permit longer stays. If the bearer of a digital nomad visa agrees to refrain from participating in the local labour market, they are permitted to work while travelling.