New Digital Nomad Visa

If you are a remote worker lucky enough to be able to work from anywhere then it just got a whole lot easier for you to move to Spain. Earlier this month Spain’s government passed the long-awaited Startup Law, aimed at attracting talent and investment into the country and making it generally more attractive to entrepreneurs. Within this legislation is the so-called digital nomad visa that will enable remote workers and their spouse/partner and dependent children to live in Spain for up to five years and potentially later providing a route to permanent residency. The law also has tax breaks within it which make it even more favorable.

two people work at laptops in country house

Photo by Manu Prats

While the legislation has been passed and is no longer just speculation  it is due to actually come into force in early 2023. We will let you know when the exact date is confirmed but now is the time to prime yourself with information so you can be ready to get your application in as soon as the gates open! So here are some of the basics that we know already.

The digital nomad visa is primarily aimed at non European Economic area nationals (including Brits of course) as these are the people who will really benefit from an easier route into a working visa. If you’re an EU passport holder living and working in Spain is very straightforward but if not then obtaining a visa that allows you to work here has historically been difficult and a rather arduous process. But no more! As long as you can fulfil certain requirements.

  • You must be a remote worker and you must have worked remotely for at least a year
  • If you are under contract to a company that permits remote working you must have had a professional relationship with them for at least three months
  • You need to be earning the majority of your income from outside Spain and you need to be able to demonstrate that.
  • Your work for Spanish companies must not exceed 20% of your total income
  • If you are freelance you must be able to provide the terms and conditions of your work with at least one company outside Spain

The visa will initially be granted for a year, with a two year extension allowed, followed by another two year extension which will bring it up to a total of five years. It is thought that there may be introduced a route into permanent residency after the five year period but this has yet to be confirmed.

It has not yet been confirmed where you will apply for this visa. In the case of the Non-Lucrative visa for example you must apply from your home country but it is looking more likely that you will be able to apply for the digital nomad visa within the 90 day period of the Schengen visitor allowance as one of the requirements will be to prove an address here.

As more details become known and dates are confirmed we will continue to keep you informed. And when the digital nomad visa is up and running we will be able to assist you with the process, so feel free to get in touch now to get the ball rolling.

The Spanish Golden Visa

The Spanish Golden Visa is currently a hotter topic than ever. Post-Brexit, British nationals have joined the ranks of non-EU citizens who have to concern themselves with visas for living and working in Spain and for spending unrestricted periods anywhere within the Schengen zone. The Golden Visa can be a great solution.

With the Spanish Golden Visa you get automatic residency, the right to live and work in Spain and the right to unlimited travel within the Schengen zone for you and your family. You are not even obliged to spend a minimum length of time per year within the country – other visas require proof that you spend at least 6 months a year, which is also the length of time that makes you a fiscal resident. 

A stunning property for sale close to the beach in Ribadesella, Asturias Northern Spain...

A stunning property close to the beach in Ribadesella…

In short, the golden visa gives you the most rights and freedoms with the least limitations and obligations and is well worth considering if you have the means to meet the investment criteria.

The simplest way to obtain the Golden visa is by investing a minimum of 500,000€ in property within Spain. This can be spread across a number of properties and a range of areas and there is no set time frame within which you must make the purchases.  So, if you already own a property in Spain that could count towards it. One important point to note is that the qualifying 500,000€ must be paid for out of your own pocket. You can take out a mortgage on anything above that amount if your purchase is more expensive.

Many non-EU citizens wishing to make the move to Spain are opting to buy their main family home at a more modest cost and making up the rest of the required Golden Visa spend with investment property. With a booming tourist rental sector if you invest wisely you could be looking at a healthy income from your investment as well as starting your new life in Spain in the home of your dreams.

Full details of requirements are listed here on the Spanish government website

If you are interested in a Golden Visa some of the properties on our site that may interest you are:

A no-expense spared mansion close to the beach in Western Asturias for €1,700,000

This traditional country estate with 17,000m2 of land close to Llanes at €590,000

A substantial villa on the second line from the beach in Ribadesella at €1,100,000

This rural tourism business in the heart of Teverga at €900,000

And if you are interested in learning more about the visa please get in touch….