Spain was ranked 30th in the World Bank’s ease of doing business report in 2020.Įxcellent 4G cover almost everywhere in Spain is tempting some nomads to set themselves up in rural areas where rents are very low. At present, it takes an average of 20 to 30 days to set up a company here, compared with one day in the Netherlands or the UK. The Start Up law aims to smooth entrepreneurs’ path through the notorious Spanish bureaucracy. Staff at Glovo are international and so, in common with other startups in the city, the company’s lingua franca is English. Barcelona is small and densely populated and it’s cosmopolitan,” says Sacha Michaud, who co-founded the Glovo food delivery business in the city. Madrid, Valencia and Barcelona are already popular among the EU’s digital nomads, with the latter proving a favoured destination for startups as the city aspires to become a technology hub and less dependent on tourism.
Some may also insist on private health insurance. Some countries demand that you have cash in the bank – €5,500 in the case of the Czech Republic – as well as income. Applicants must have a monthly income of €3,500. Greece introduced a digital nomad law in October 2021, offering residency of one to three years. It’s thought that Spain will set a minimum monthly income of about €2,000. In Croatia, for example, applicants must be earning at least €2,300 a month, in Estonia €3,500, in Iceland €7,100 and in Portugal only €700. Each country has its own set of conditions. Spain joins 15 other European countries that offer some version of a digital nomad visa. It is not clear yet whether they will have to undergo a criminal record check.įor the first four years they will be taxed at 15%, rather than the standard 25% base rate. They must also demonstrate that they will earn enough to be self-sufficient and that they have an address in Spain. They must have a contract of employment or, if freelance, show that they have been regularly employed by a company outside Spain. Close relatives, such as a spouse or children, will be eligible to join the applicant.Īpplicants must be from outside the European Economic Area and be able to demonstrate that they have been working remotely for at least a year. As the law has yet to be passed there are still some details to be hammered out but it is expected that the visa – essentially a residency permit – will be initially valid for one year, renewable for up to five years depending on the applicant’s circumstances.
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