Nomad Visa in Spain: Work with quality of life.

Residence application for international teleworkers.

With effect from January 1, 2023, Spain presents important assets for the attraction of highly qualified professionals from a third country (nationals of an EU or non-EU country), who carry out their activity, on their own account or on behalf of others, through the exclusive use of computer, telematic and telecommunication media and systems: the so-called digital nomad.

Said residence and work authorization is governed by Law 14/2013, of September 27, which establishes that two specific cases may occur:

1. In the case of a work activity for someone else, the holder of the authorization for international teleworking may only work for companies located outside the national territory.

2. In the event of exercising a professional activity, the holder of the authorization for international teleworking will be allowed to work for a company located in Spain, as long as the percentage of said work does not exceed 20% of the total of its professional activity.

What is the duration of the nomadic visa?

The international teleworking visa will be valid for one year, extendable for a period of 3 years, unless the work period is shorter, in which case the visa will be valid for the same period.

Visa requirements.

/ Demonstrate that you work for at least three months for the clients or company before requesting it, the company having operated for at least one year.

/ Prove that you have three years of experience or, on the contrary, accreditation of university degrees, professional training or prestigious schools.

/ Documentation that proves that the activity can be carried out remotely.

/ Important to note financial self-sufficiency; applicants must demonstrate that they earn 200% of the interprofessional minimum wage.

/ Submit health insurance with an entity authorized to operate in Spain.

What are the benefits?

- Access to the Spanish tax regime with the following advantages:

• Application of a flat tax rate, since it allows individuals to pay a single tax rate of 24% on their income derived from work of up to 600,000 euros and 48% thereafter.

• No obligation to pay wealth tax.

• No obligation to present the informative declaration of Form 720; that is to say, they will not have the obligation to inform about the assets and rights of their ownership located abroad.

• Possibility of family reunification; The possibility of moving with the family, either from the initial moment or at some later moment, is a determining factor for carrying out the transfer of residence.

• Short processing procedure; The maximum term of resolution will be twenty days from the electronic presentation of the application in the competent body for its processing.

• Positive administrative silence; If a resolution is not issued by the competent body within the legally established period, the authorization will be understood to have been granted due to administrative silence.

• The passport will be sufficient supporting document to register with the Spanish Social Security during the first six months of residence.

Our conclusion.

In summary, this option makes it easier for a professional or employee to reside in Spain to carry out their professional activity remotely, thus making it easier for the displaced person to become familiar with their stay in the country, learn about its idiosyncrasies, locate themselves in various parts of its geography to meet so well the country; with health coverage, flat taxation, surely a lower cost of living, and even being able to buy a home as an investment.

 
If you want to get your digital nomad visa and start your application, contact us! Our team, the Abahana Villas fiscal-tax department, is at your complete disposal to guide you step by step and manage the request for you.