! Murcia Today – Explained: Everything you need to know about Spain’s new digital nomad visa

Your questions answered about Spain’s new digital nomad visa program – how long can you stay, how much tax do you have to pay and more

There are many good reasons to move to Spain, from the plentiful hours of sunshine and miles and miles of sandy beaches to the relaxed pace of life and the fact that there are lots of flights from the UK , but sometimes it can be a challenge to work out how you will support yourself and earn a living in Spain.
That’s why the country’s new Digital Nomad visa is such good news for UK expats looking to move to Spain, as it will allow them to continue working for their current company from the comfort of their new home in Spain.

The “90 days in 180” rule and non-profit visas

As it stands, anyone wishing to work remotely in Spain for a business or clients outside the EU – for example in the UK or the US – is only allowed to stay in the country. only 90 days out of 180.

What is the Digital Nomad Visa?

Those who want to live in Spain and work remotely for a business outside the country can benefit from the Spanish government‘s recently announced “Startup Law”, which cuts red tape and reduces taxes in order to make money. a more attractive prospect for new start-ups and investment.

Part of this is the introduction of the Digital Nomad Visa in 2023, which will allow non-EU citizens who work for companies or clients outside of Spain to move there temporarily, without having to apply for a work visa. complete.

How can I apply for the Digital Nomad visa in Spain?

Applicants for the Spanish visa for digital nomads will need to be able to prove that they have been working remotely for at least one year and that they have an employment contract or, if working freelance, that they have been regularly employed by a single company.

You must also be able to prove that you have sufficient income to support yourself with funds of up to 2,000 euros per month and that you have an address that you can use as your legal residence in Spain.

Additionally, with the Digital Nomad Visa, spouses and dependent children can join the visa holder in Spain.

How long can I live in Spain with a Digital Nomad Visa?

The Digital Nomad visa lasts up to 12 months, but you can have the option of renewing it for up to five years, giving you greater flexibility and the ability to live in Spain long-term.

Can I work for a Spanish company with the Digital Nomad Visa?

If you have a Digital Nomad visa, you can also work for a Spanish company or clients in Spain, as long as these do not represent more than 20% of your income.

How much money do I have to pay in taxes if I get the Digital Nomad visa?

While final details still need to be ironed out before the bill takes effect, the income will likely be taxed at the non-resident rate of 15% instead of the usual 24%.

To benefit from the new Digital Nomad program and start living the dream in Spain today, check out Girasol Homes to search for a house for sale in Spain and move in today!

Picture: Girasol Houses

Such : UK Head Office 00 44 1974 299 055 / Spain Office 00 34 965 321 346

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