The Digital Nomad Visa for Spain has finally arrived as part of a package of laws to promote Spain's digital transformation for the 21st century.
In a world where our spending power has simply vanished to the demons of rampant inflation, imagine how happy you will be saving 50%+ of your monthly income
Look, we are totally biased Spain-lovers here, but the new Digital Nomad visa is such an obvious mega opportunity for (maybe) millions of recently transitioned-to-remote workers around the world, it's hard not to be over the moon about its arrival and what it means both for all of you new expats as well as the country itself. Note that this visa is part of an ongoing national digital transformation project, one which appears to be both a long road ahead but already delivering big results for Spain.
For a contextual perspective on the salary vs cost of living benefit alone, let's look at the typical digital nomad or teleworker who is making the a good salary as a Project Manager or developer or social media strategist whose found their spending power dwindle down over the last year. Compare Valenica (the number 1 expat destination in the world!) to New York (the gold standard for cost and quality of life around the world):
|Consumer Prices in Valencia are 49.9% lower than in New York, NY (without rent)|
|Consumer Prices Including Rent in Valencia are 63.3% lower than in New York, NY|
|Rent Prices in Valencia are 77.8% lower than in New York, NY|
|Restaurant Prices in Valencia are 50.0% lower than in New York, NY|
|Groceries Prices in Valencia are 55.9% lower than in New York, NY|
In a world where our spending power has been simply ravaged by inflation, imagine how happy you will be saving 50%+ of your monthly income (not counting the savings of not requiring vehicle ownership, the radically cheaper health insurance and high quality public schools) while simultaneously settling your family in one of the world's top cities for expats? The opportunity for the average digital nomad to move to Spain right now simply can't be understated.
Furthermore, if you're working a North American work schedule, it gets even better because you'll be 6 hours ahead of the East Coast. This means that your work day could start at noon and run until 7pm or 8pm, therefore allowing you to enjoy a proper Spanish evening of dinner with the family or friends, plenty of wine, and properly enjoy the late-night Spanish lifestyle. You'll also be perceived as the new go-getter around the office because everyday your teammates will sign into Slack or Teams and you'll already have a lot of sh!t done. Trust me – this has a bigger impact on your perceived value with your team than you might think. For all of you who might have set up shop in Costa Rica or Thailand or Bali, you know how important it can be to keep your schedule relatively in sync with the mothership.
Is this starting to sound too good to be true? Well, perhaps it is for a few of you, but generally speaking the digital nomad visa is going to be accessible to most. Let's take a look at it.
Spain finally introduced the new "Digital Nomad Visa Spain" aimed at attracting digital nomads and remote workers as of Jan 1, 2023. Here are the most important things to know:
Given the ongoing rollout of this visa throughout government offices and consulates, some information may change, including the final monthly salary requirements, tax rates the nature of employment required, and the evidential requirements for freelance contracts.
One thing that's clear is that for so many people who had previously looked at or applied for non-lucrative visas, this visa will be a much better fit. At the same time, if you managed to qualify for and receive an NLV previously and are considering application for the new digital nomad visa (DNV), your employment or freelance qualifications may preclude you from renewing your NLV and/or demonstrate that your non-lucrative visa application was made in bad faith. This may require considerable extra attention, in which case it's best to seek legal or gestorial counsel.
For everyone else, we've made the application process and bureacracy easy: now selling gestorial services to support your Digital Nomad Visa application over on the Expatriator Gestoria Shop!
What other requirements are necessary? Not be in Spain illegally at the time of application.
The following constitutes the translated version of the FAQs from the UGE-CE (Unidad de Grandes Empresas Colectivos Estrategicos)
Article 74 bis of Law 14/2013
Third-country nationals who travel to Spain to remotely perform labor or professional activity for companies located outside the national territory, using only computer, telematic and telecommunication systems.
What is an international teleworker?
Who can obtain authorization as an international teleworker?
Can a self-employed person be considered an international teleworker?
What other requirements are necessary?
Can they perform other work in Spain?
What absences outside the national territory can an international teleworker accumulate?
Can family members obtain authorization/visa?
Do minimum economic resources need to be demonstrated?
Can family members work in Spain?
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