Are you a non-EU citizen trying to work remotely in Spain as a digital nomad? You’re in luck! Spain is likely one of the rising variety of European international locations to have launched the Digital Nomad Visa.
Now, earlier than visions of working by the seashore get the higher of you, there’s some groundwork to cowl – from securing that visa to establishing your organization and navigating Spanish tax legal guidelines. We’re right here to stroll you thru all of it, step-by-step.
So, are you prepared to show Spain into your new workplace backdrop? Let’s dive in!
What’s the Spain Digital Nomad Visa
Because the begin of 2023, Spain has launched a brand new form of visa particularly focused in the direction of distant employees. That is referred to as the Digital Nomad Visa. It’s for folks from outdoors the EU/EEA who need to reside right here and work remotely.
This visa is a superb choice in case you are from outdoors the EU/EEA and need to reside in Spain whereas working for a corporation again house or with shoppers worldwide.
A giant plus of this residency is that you’ve two methods to use:
- First, you may apply proper from Spain should you’re there on a vacationer visa. This manner, you may immediately get a residence allow.
- Second, you might have the choice to start out the method from your private home nation by making use of for a 1-year visa on the Spanish consulate. When you’re in Spain, you may swap this over to the three-year card.
So, whether or not you’re already having fun with Spain or planning from afar, there’s a path that works for you.
Spain Digital Nomad Necessities
Pondering of swapping your private home workplace for sunny Spain? Earlier than you jet off, it’s essential to grasp the precise necessities for the Digital Nomad Visa.
Right here’s what you could know to start:
- Work Restrictions: You’re primarily allowed to work for firms outdoors Spain. If you wish to work for Spanish firms as a freelancer, this may solely be as much as 20% of your complete work.
- Earnings: Have a minimal month-to-month earnings of €2,650. This quantity will increase to €995 for the primary further member of the family. Every further member of the family included within the software will value one other €335.
- Work Relationship Necessities:
- For Workers: You must have been working with a non-Spanish firm for a minimum of three months earlier than making use of. This firm have to be in operation for a minimum of one 12 months. Plus, you want proof you can work remotely from Spain.
- For Freelancers: You want a three-month relationship with any non-Spanish shoppers and proof you can work remotely from Spain.
- Period: The work with the corporate must be ongoing and anticipated to final a minimum of one 12 months.
These guidelines are created to make Spain a pretty spot for distant employees and expats whereas making certain they’ve secure and ongoing employment.
Easy methods to Apply for the Digital Nomad Visa in Spain
Now that you just’re armed with the necessities to get the coveted Spanish Digital Nomad Visa, let’s speak concerning the alternative ways you may apply:
Possibility 1: Apply Inside Spain
- Preparation: Earlier than you allow your private home nation, guarantee you might have all vital paperwork collectively. They need to be apostilled (formally licensed), and translated by a licensed juror translator.
- Apply on Arrival: Land in Spain on a vacationer visa, which generally permits a three-month keep.
- Utility Course of: Apply electronically earlier than the Unit of Massive Enterprises and Strategic Collectives (UGE).
- Approval: As soon as accepted, you’ll safe a residence allow you can renew when you arrive in Spain.
Possibility 2: Apply From Your House Nation
- Preparation: Be sure that to apostille and translate every required doc, as per the consulate’s laws.
- Apply at House: Apply immediately from your private home nation by visiting the closest Spanish Consulate.
- Approval: As soon as accepted, you’ll safe a one-year visa, which may later be transformed into a short lived residence allow upon your transfer to Spain.
Navigating the Digital Nomad Visa Course of
On condition that Spain’s digital nomad visa continues to be in its early phases, the appliance course of might sound daunting.
Whereas it’s potential to navigate this course of solo, we suggest consulting with an skilled immigration lawyer to assist simplify your journey to Spanish residency.
Creating an organization in Spain as a Digital Nomad
Seeking to arrange an organization in Spain as a digital nomad? The excellent news is the federal government has streamlined the method for overseas buyers (together with digital nomads) to arrange a enterprise, making it simpler and sooner. Right here’s what you could know:
- Fast On-line Setup: Now, along with the conventional means of 15 working days to register your organization, there’s a quick choice for establishing your organization in simply 1 day.
- Diminished Capital Requirement: The preliminary capital wanted has been diminished drastically from €3,000 to solely €1 with the quick observe choice. Nevertheless, it’s essential to notice that Shareholders will nonetheless be chargeable for €3,000.
- No Extra Extra Charges: Prices related to a notary public and Mercantile Registry have been eradicated, making the method cost-effective.
- Sooner Tax ID Project: Acquiring a Tax ID, essential for administrators or shareholders, is now faster, aiding in smoother monetary transactions from overseas.
- Easy Enterprise Closure: If vital, shutting down your online business will be carried out simply by means of a web-based process.
These updates goal to make Spain extra interesting to digital nomads by eradicating earlier obstacles to enterprise creation.
Taxes for Digital Nomads in Spain
It’s time to speak about everybody’s favourite factor: taxes.
Whereas it won’t be essentially the most thrilling subject, navigating taxes in Spain is essential for digital nomads planning to reside there. Right here’s a breakdown of tax situations you would possibly face:
- Spanish Tax Residency: If you happen to’re in Spain for greater than 183 days inside a calendar 12 months, you’re a Spanish tax resident and should pay taxes in Spain.
- Major Residence Taxes: If you happen to spend extra days in Spain than in another nation, you’re chargeable for Spanish taxes. This is applicable even should you work for a overseas entity like an organization, partnership, LLC, or S-Corp, and contains freelance earnings.
- Distant Workers: If you happen to work remotely for a non-Spanish firm, your earnings, together with advantages like inventory choices or health club memberships, is topic to Spanish taxes.
- Freelancers in Spain: If you happen to’re freelancing, you could register as “Autonomo” (self-employed) with the Spanish Social Safety and tax authorities. You could cost VAT, file quarterly tax returns, and pay into the social safety system, which may influence your visa standing.
Understanding these tax obligations is important to make sure compliance and keep away from surprises whereas having fun with the digital nomad life-style in Spain.
Taxes for Firms: Defined
If you happen to’re a digital nomad with a enterprise positioned outdoors of Spain, hear up, as a result of how you progress your cash may have an effect on your tax invoice.
- Sort of Earnings: Your earnings from overseas will be categorised both as employment earnings or dividends, relying on your online business construction.
- Tax Charges: The kind of enterprise you might have impacts your taxes. Earnings from partnerships like LLPs, SCorps, or related is taxed as much as 48% in some Spanish areas. Dividend earnings from firms like LTDs, C-Corps, or SLs is taxed at charges between 19% and 26%.
- Double Taxation Agreements: Spain has agreements with 90 international locations throughout the globe to stop double taxation. These be sure that should you pay tax overseas, you may deduct it out of your Spanish tax, stopping you from having to pay tax twice on the identical earnings.
- Penalties for Non-Submitting: Failing to file a tax return can lead to penalties starting from 50% to 150% of the tax due. Additionally, Spain’s tax authorities change data with different international locations, making it essential to adjust to tax obligations.
- Declaration of Abroad Property (Kind 720): You probably have overseas belongings price greater than €50,000, you could declare them to Spanish authorities utilizing Kind 720. This contains abroad financial institution accounts, actual property, and investments
Whereas taxes won’t be essentially the most exhilarating a part of your digital nomad journey, staying knowledgeable and compliant with these laws is essential to keep away from penalties and make sure the easy operation of your online business whereas dwelling as a digital nomad in Spain.
Incessantly Requested Questions About Easy methods to Work Remotely in Spain as a Digital Nomad
Can I work for Spanish Firms with the Digital Nomad Visa?
Sure, however with limitations. With the Spain Digital Nomad Visa, you could work for non-Spanish firms primarily. Nevertheless, you might be can do some work for Spanish firms, capped at 20% of your complete work exercise.
Do digital nomads pay tax in Spain?
Sure, digital nomads could must pay taxes in Spain relying on their residency standing and earnings supply. If you happen to turn into a Spanish tax resident (staying greater than 183 days in Spain inside a 12 months), you might be liable to pay taxes in your worldwide earnings. Non-residents should pay tax solely on Spanish-sourced earnings.
What’s the Beckham Legislation in Spain?
The Beckham Legislation is a Spanish tax regulation that permits sure expatriates to pay taxes as non-residents for a interval, thereby lowering their tax fee considerably.
Not too long ago, it’s been prolonged to cowl sure professionals transferring to Spain, probably together with digital nomads beneath particular situations, permitting them to learn from a decrease tax fee on their earnings.
How lengthy can you’re employed remotely in Spain with out paying taxes?
The rule of thumb is that should you spend greater than 183 days in Spain inside a calendar 12 months, you turn into a tax resident and are liable to pay taxes in your worldwide earnings.
If you happen to keep lower than 183 days, you aren’t a tax resident and sometimes wouldn’t pay Spanish taxes in your overseas earnings. Nevertheless, particular person circumstances can differ, so it’s important to seek the advice of with a tax skilled.
Can Lexidy Assist Me Work Remotely in Spain?
Completely! Navigating the nuances of distant work in Spain will be tough. However don’t fear, the authorized eagles at Lexidy have your again.
From visa functions to establishing an organization and paying taxes – our group of skilled legal professionals is right here to information you thru all points of being a digital nomad in Spain.
Able to streamline your distant work journey in Spain? Fill out the shape under to start, and let’s make your dream of working beneath the Spanish solar a actuality!
(Article Up to date 03/2024 by Lexidy Crew)
