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Spain Digital Nomad Visa 2022: The Ultimate Guide

Spain Digital Nomad Visa Overview

If you have ever dreamed of living in Spain but wished you could keep your current job, Spain’s new Digital Nomad Visa (DNV) could be perfect for you. The new visa, expected to be introduced in January, will allow those who work online, or are self-employed, to live in Spain and continue to be employed remotely. 


This is an exciting opportunity for foreign nationals outside the European Economic Area (EEA) to make their home in one of Europe's most culturally rich countries.


The nation is famous for its high quality of life and relaxed Mediterranean attitude. It boasts impressive and affordable public transport infrastructure, so moving around your city or visiting another is easy and cheap, and the whole of Europe is on your doorstep. The Digital Nomad Visa grants you temporary residency in Spain and, therefore, visa-free and borderless travel throughout the European Union. 


We at High Net Worth Immigration make it our business to know the ins and outs of the best and most lucrative visas available. Read more for our comprehensive guide on all the details of Spain's Digital Nomad Visa, and let us help you decide if it is right for you. 


We will also cover the Spanish Golden Visa Program aimed at high-net-worth individuals seeking permanent residency in Spain via an investment in real estate.

Spain Intends To Provide Digital Nomad Visas

Digital Nomad Visa is a type of residence permit that allows the holder to stay and work in the country for a predetermined period while enjoying benefits such as visa-free travel, tax breaks, and access to healthcare, among other things.

Following the lead of other European nations like Greece and Portugal, Spain has now decided to introduce a DNV in an attempt to boost the local economy and take advantage of the rising popularity of remote work.

When is the Spain Digital Nomad Visa Being Released?

When is the Spain Digital Nomad Visa Being Released?


Spain’s Digital Nomad Visa is set to be released in January 2023; however, the exact date is yet to be determined. The digital nomad visa was approved by the Spanish parliament last month and is expected to be ratified by the Senate in the coming weeks. Our team keeps a close eye on the situation, so once the dates are announced, you will be the first to know.

 

Now that we have established some ground rules, let’s get into the benefits of working remotely in Spain and taking advantage of the soon-to-be-issued Digital Nomad Visa.

Why Work Remotely in Spain?

Why Work Remotely in Spain?


Spain is one of Europe’s top destinations for holiday makers and people looking to immigrate and start their life there. The country is part of the European Union and belongs to the Schengen area, meaning that digital nomad visa holders can travel across numerous countries visa-free.

This Mediterranean country is also extremely safe and welcoming to expats. Over 6 million foreign nationals living in Spain, making it one of the most sought-after destinations in Europe. Thus, it is ideal for digital nomads and their families looking for a secure and flourishing country to reside in.

And, if you ask about living expenses, Spain, yet again, is hard to beat, with general living costs being 34% less than in the United States. As a result, if you work remotely while in Spain, you may benefit from lower outgoings and save money in the long run.

Benefits of Digital Nomad Life in Spain

  1. Remote-Friendly Workspaces

Spain is an ideal environment for remote-friendly workspaces and offices – you will not have trouble finding a suitable place to work. In all major Spanish cities, co-working spaces for remote employees and digital nomads come at a pretty affordable price.


  1. Stress-Free Quality of Life

Spanish embrace a tranquil and relaxed lifestyle. In fact, one survey found that Spain is the second-best country in Europe for having a healthy work-life balance. The nation is extremely social and friendly while being family-oriented, meaning that work is perceived as a means to earn money and enjoy leisure activities.


  1. Be in Charge of Your Own Schedule

Another nice bonus of working remotely is the flexibility to organize your routine. And as a digital nomad in Spain, you can fully benefit from setting your own hours and enjoying the relaxed pace of life, pleasant Mediterranean climate, beautiful landscapes, and delicious cuisine.


  1. Be Paid to Explore New Places

Finally, one of the most fantastic perks of being a digital nomad in Spain is the ability to travel to new places both within Spain and in Europe. 


Spain is surrounded by Portugal, France, and Andorra and is very close to Morocco, a culturally vibrant nation in northern Africa. Hence, you can easily visit any of these locations whenever the mood strikes you. Europe is within easy reach thanks to Spain's several international airports and excellent transportation links.


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Who Can Apply for Spain’s Digital Nomad Visa?

Although the exact criteria are yet to be released, the Digital Nomad Visa will be available to individuals outside the EEA who are employed remotely and can prove they have been for at least a year. Successful applicants will receive a temporary residence permit for an initial period of one year, which can be extended for up to five years.

Freelancers who wish to obtain this residency visa can accept work from Spanish companies, provided that it does not exceed 20% of their income or workload. 

What are the Requirements for Spain Digital Nomad Visa?

As the fine print has not yet been decided, the requirements for this visa are subject to change, and the application process has not been explicitly defined. However, this application procedure will likely include similar stipulations to other visas in Spain and Digital Nomad Visas elsewhere.

In order to receive the Digital Nomad Visa, applicants may need to

  • Provide proof of employment with a company that allows remote working;
  • Fill in the application and provide any supporting paperwork;
  • Pay all administration fees;
  • Provide proof of income for at least three months;
  • Provide proof of higher education qualifications.

How Long Will the Spain Digital Nomad Visa Be Available?

The Digital Nomad Visa is expected to be available in early 2023. It is predicted that successful applicants will receive a Temporary Residence Permit for an initial period of one year, with the possibility to extend, presumably if applicants continue to meet the criteria.

Living as a digital nomad can be quite an adjustment, even for the most adept at working from home. Due to the global pandemic, many people have had to incorporate much more flexible practices into their working routine, which is a good stepping stone to taking your work abroad with you. 

It is, however, important to factor in the working practices and the lifestyle in your host country, which can differ significantly from how you work at home. Individuals seeking the digital nomad lifestyle need to account for the time difference between Spain and their client base.

Spain also has a very Mediterranean day-to-day schedule, meaning that meals are late and lengthy, and people are not the best timekeepers. Lunch is 2 PM, and dinner is 9 PM at the earliest. It is essential to consider which factors may work in your favor and which you need to work around.

Narrow Down Your Work Process

To maximize your productivity, it is vital to streamline your work process. With remote working, you have already eliminated your commute and distracting coworkers, but you will need to consider how else you can ensure that your work time is well spent.

Make-a-Distinction-Between-Your-Work-and-Personal-Life

Make a Distinction Between Your Work and Personal Life

The Covid-19 pandemic hastily ushered in a new age of remote working and boosted the general use of remote working tools. An estimated 26% of workers in the USA are now working remotely. While we now have access to and can do our work everywhere, it is essential to clearly define our work and life spheres. 

You can distinguish your work and personal life by

  • Setting clear deadlines and working hours;
  • Defining boundaries with your colleagues/clients and adhering to them;
  • Creating an email signature that states your working hours and response times;
  • Figuring out the optimal time to work for both you and your overseas clients/colleagues in different time zones.

Travel With Purpose

Once you have made the leap to Europe, it can be tempting to try and visit everywhere immediately. This can, however, be a problem if you are trying to juggle remote working while on the go! Instead, it is better to carve out quality time when you can take a weekend away and explore new vistas without work emails arriving on your phone on every afternoon stroll. 

Be intentional with the time you choose to take off and the time you decide to work. If you want to work in another locale, go for more than a few days, make sure there are adequate facilities to allow effective working, and at the end of your work day, close your laptop and be present in your present home.

Will Digital Nomads Receive Tax Breaks in Spain?

One of the primary purposes of Digital Nomad Visas is to untangle the sometimes complicated tax implications of being employed in one country while living in another. Spain’s Digital Nomad Visa is expected to offer a reduced income tax rate of 15% for the first four years of residency. This is a significant reduction from the regular base rate of 25%. 

Will the Digital Nomad Visa Apply to Family Members?

Another significant benefit of the Digital Nomad Visa is that recipients can include their dependents/family members in their travel plans. Spouses and children can move to Spain with successful applicants on temporary residency permits. If you are interested in bringing your family, it is essential to consider healthcare provisions, employment opportunities for your spouse, and potential schooling for any children.

How to Get a Digital Nomad Visa in Spain?

The Spain Digital Nomad Visa application process has not been determined since the visa is yet to be ratified by the Senate. However, you will likely need to submit your application and supporting documentation through the Spanish Consulate in your home country, as is the case with most visas.

It is yet to be determined if applicants for the Spanish Digital Nomad Visa will be required to pay social security or obtain private medical insurance.

 

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Spain Golden Visa – Citizenship by Investment

If you are not a digital nomad but are still interested in relocating to Spain, you should learn about the country's enticing residency-by-investment program.

Spain’s Golden Visa program entitles you to a residency permit in return for a €500,000 investment in real estate which is the cheapest option. After 10 years of living in Spain, you become eligible for a Spanish passport. There are exceptions to this rule.

If you are a citizen of one of the former Spanish colonies listed below, you can obtain Spanish citizenship in less than two years. You must obtain and maintain your residency and visit Spain at least eight times during the two years.

1

Argentina

2

Bolivia

3

Chile

4

Colombia

5

Costa Rica

6

Cuba

7

Dominican Republic

8

Ecuador

9

El Salvador

10

Guatemala

11

Honduras

12

Mexico

13

Panama

14

Paraguay

15

Peru

16

Philippines

17

Venezuela

 

The Spanish Residency by Investment Program

Launched in 2013, the Spain Golden Visa Program, or the so-called investor visa, is a two-year residency permit (which can be extended for additional 5 years) given to individuals who make a significant capital investment in the country.

There are several investment pathways to acquiring Spanish residency. Here is a list of them.

 

Investment Option

Amount

Addition Information

Unencumbered Real Estate

€500,000

The most affordable.

Spanish Public Debt Securities

€2 million 

 

Spanish Companies (Shares)

€1 million 

 

Deposit in Spanish Financial Institutions

€1 million 

 

Start a Business

Varies

The most difficult to obtain as business viability must be proven. The venture must be of general interest and create domestic jobs and a significant socio-economic impact. 

 

Who Can Get the Spain Golden Visa?

Spain's Golden Visa is available to high-net-worth individuals and their families who are non-EU citizens and have a clean criminal record.

Family members that can be included on the Spain Golden Visa are

  • Spouse or unmarried partner;
  • Children under the age of 18;
  • Financially dependent children who have not yet formed their own family unit;
  • Dependent applicant’s parents.

How to Get Spanish Citizenship by Investment?

As we mentioned previously, Spain's Golden Visa Program is a residency-by-investment program in the first place. However, holders who have lived in Spain continuously for 10 years become eligible to apply for a Spanish passport.

Before arriving at this point, you must obtain Spanish residency via one of the investment options listed above and meet the eligibility criteria set out by the Spanish government. You will also be required to fulfill other conditions for obtaining Spanish citizenship, including the Spanish language exam.

Requirements of Spanish Residency by Investment

Depending on your chosen investment option, Spanish Residency by Investment requirements will vary.

There are, however, several requirements that must be met irrespective of the investment pathway. These are:

  • Clean criminal record;
  • Proof of sufficient financial means;
  • Private medical insurance contracted via a provider in Spain;
  • Provide documents accrediting your chosen investment;
  • Not be on the list of banned people within Spain or the Schengen area;>

How to Apply for the Spanish Golden Visa?

To start the application process for Spain's Golden Visa, you must get your paperwork in order and book an appointment at the Spanish consulate in your country of origin or residence.

Documents to Submit when Applying for Spain’s Golden Visa

To apply for the Spanish Golden Visa, you must submit the following documents (translated to Spanish and apostilled if they are not already):

  • National visa application form;
  • Your passport with a minimum validity of 1 year and issued within the last 10 years;
  • Two passport-size photographs;
  • Proof of your country of residence;
  • Private health insurance certificate;
  • Original or apostilled copies of documents proving sufficient economic funds;
  • Criminal background check certificate no older than 3 months;
  • Documents accrediting the investment;
  • Payment of the visa fee.

Procedures and Time Frame of the Spain Residence by Investment Program

You must submit your application form and the required documents in person in the consular district office or via a duly accredited representative. Once all the documents have been presented, reaching a decision may take up to 10 days. The timeframes might vary, and you might be asked to provide additional information or called in for an in-person interview.

Conclusion: Engage Experts and Reach Your Dreams

Spain offers several visa options for individuals looking to settle in this beautiful Mediterranean nation. If you are unsure whether you are a good fit for any of these programs – Spain Digital Nomad Visa or the Spain Golden Visa – we can help you!

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Spain Digital Nomad Visa FAQ

A: The best digital nomad destinations in Spain are the capital city of Madrid, the famous Barcelona, third-largest Valencia, and southern Malaga, among others. These destinations offer remote workers the best facilities and experience overall. Likewise, you can choose smaller towns within the country and have an equally enjoyable life.

A: Spain is inexpensive to live, work, and study, with an average cost of living 34% lower than the United States and 50% lower than Canada. Earning between €2,000 and €2,500 per month allows you to live well in Spain; nevertheless, the cost varies depending on the location. Metropolitan cities such as Madrid and Barcelona are often more costly.

A: The Spanish Government requires non-EU applicants to obtain private health insurance as part of the application process for the majority of immigration visas in Spain. The insurance policy must be contracted via a company in Spain and should not include copayments for the first year.

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Vicky Katsarova, CEO

“My world travels and my own immigration experiences have given me a deep understanding and clear insight into each of our clients’ specific requirements, aspirations and concerns. It is this intense personal association with client expectations and needs that helps to set our company and our service apart.”

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At High Net Worth Immigration, we have hands-on experience with numerous residency-by-investment and citizenship-by-investment schemes. Talk to our team today, and let’s make your dreams come true!

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