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Spain is one of the top spots for digital nomads. This beautiful country offers everything that you would want: great weather, beautiful beaches, vibrant cities, rich history... and unfortunately also high taxes!
Lots of our clients would love to live in Spain, and many prefer it over Portugal (which is one of our top destinations too), however, high taxes is what's putting them off from relocating to Spain.
But worry not! Spain has recently launched their Digital Nomad visa Program, and now you have the ability to live in Spain and pay low tax. Sounds exciting, doesn't it?
This program offers one year visa, that's extendable for up to 5 years.
In order to qualify you will need to make 2100 euros or more per month
You will need to have your own medical insurance
You can't be resident of Spain for the last 5 years
You need to be employed or self employed by foreign company
If you have any Spanish income it can not exceed 20% of your total income
You will need to have a clean criminal record, and provide the proof of it
Also, this program is only for non EU citizens
When it comes to taxes, if you relocate to Spain under this regime you will be treated as a non resident and your taxes will be 15%
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We are Offshore Citizen team. We help people become global: get a second passport, set up a second residency, pay less taxes, do banking abroad, etc.
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Author: Michael Rosmer
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