what the new ultra-attractive Spanish visa has in store

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It’s done, the Spanish Senate has just given the green light to the start-up law promoted by the government. The idea is very clearly to appeal to digital nomads or “digital nomads”. The text defines them as people who work “solely through the use of IT, telematics and telecommunications means and systems”. They may be employees or freelancers, depending on their status.

Spain wants to seduce teleworkers

And the least we can say is that Spain is rolling out the red carpet for them. The latter will indeed be able to benefit from a one-year visa which can be extended for four additional years. At the end of this period, they will be able to obtain residence in the country, if their employers or clients work abroad.

But that’s not all, and as specified The echoes, a non-resident tax regime will be applied for ten years. For their part, business leaders will be able to benefit from a reduced tax rate of 15% over their first four years.

Internally, some regions are already rubbing their hands, like the Canary Islands, which already hosts many digital workers. Other areas such as the Andalusian coast, Valencia, Barcelona, ​​and Madrid also hope to benefit.

France is well placed to attract digital nomads

Spain is not necessarily the most fashionable country for telework if we are to believe the digital nomad index of Circleloop’s. Analysts have condensed data such as Internet connection speed, rental prices, or even the level of well-being to establish a ranking. Our neighbors only appear in 16th place, while France ranks sixth in this list. The podium is monopolized by Canada, the United Kingdom, and Romania.

Other states have not waited for Spain to take action, and the business daily recalls that around thirty countries have already implemented measures to attract digital nomads. This is particularly the case of Estonia, which rolled out its “Digital Nomad Visa” in August 2020. It allows you to live there for one year with a simplified procedure.

For its part, and to cope with the drop in the number of tourists during the pandemic, Thailand is also offering a ten-year visa for teleworkers. It relies on the quality of its internet connection and its pleasant climate to seduce. You can also read our article on this subject to consult the conditions in more detail.

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