THE DIGITAL NOMAD VISA

If you are able to work remotely for your UK company then the new Digital Nomad Visa would allow you to move to Spain and your maximum tax rate would be 24% for 5 years up to an income of 600,000 euros per annum.

The visa is intended for non-EU citizens to allow them to travel freely in all Schengen zone countries and for those who would like to move to Spain and keep working for their companies abroad, allowing them to live and work remotely from Spain. Any spouse and children would also be included.

1. Any applicant must have worked for a foreign company that is located outside of Spain for at least 3 months and the company must have been operating for at least 1-year prior to any application. They must also show that they have the right education and skills by have at least 3 years work experience. .

2. The company must also state that the applicant ́s position allows them to work remotely and he/she is allowed to do so.

3. Applicants must have 25.000€ of their own funds and 9.500€ more per dependents through a Bank Certificate. Providing salary or job contract can be also used as a proof of these economic funds.

5. Additionally they must take out a private medical insurance and show that they haven't had a criminal records during the last 5 years.