Spain to cut taxes for digital nomads

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https://www.thelocal.es/20211211/spain-to-cut-taxes-for-digital-nomads/

The Spanish government adopted measures to attract so-called digital nomads – remote tech workers who can do their job from anywhere with a good internet connection.
A growing number of countries are seeking to lure digital nomads with easy visa conditions and tax breaks as they can help boost the local tech start-up scene.

The Spanish measures, which will allow arriving digital nomads to use a non-resident tax status with lower rates for five years, will form part of wider legislation meant to help start-ups, including fiscal incentives for investors.

Georgia, Thailand, Iceland and Costa Rica also have measures in place for digital nomads.

More at link.

Spain is the latest country to offer a ‘digital nomad’ visa for remote workers

The Spanish government has just announced plans for a ‘digital nomad’ visa which would let foreign remote workers live in the country without right of residence for up to a year.

Digital nomads are people who can work pretty much anywhere with an internet connection. Spain’s new scheme is specifically targeted at freelancers, people who are fully employed but work remotely, and those who make at least 80 percent of their income from companies outside of Spain.

The draft law states that foreign nationals will be able to work remotely for non-Spanish companies while living in Spain without a full work visa for between six and 12 months. It could then be extended up to two times.

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