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Spain digital nomad visa

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    Spain digital nomad visa

    This is very interesting, especially to me as I already have a property in Spain:

    https://www.euronews.com/travel/2022...ay-for-5-years

    The law hasn't been passed yet (early 2023 supposedly) and I'd need to see the detail but the thought of paying a flat rate of 15% tax, compared to 25% corp. tax + 8.5% dividend tax is very appealing. I'm not paying for a bunch of covid support I didn't receive.

    Thoughts?
    Last edited by oliverson; 4 November 2022, 08:32.

    #2
    Originally posted by oliverson View Post
    This is very interesting, especially to me as I already have a property in Spain:

    https://www.euronews.com/travel/2022...ay-for-5-years

    The law hasn't been passed yet (early 2023 supposedly) and I'd need to see the detail but the thought of paying a flat rate of 15% tax, compared to 25% corp. tax + 8.5% dividend tax is very appealing. I'm not paying for a bunch of covid support I didn't receive.

    Thoughts?
    +1

    Covid support should have been loan based, repayable over the long term only by those who received the support.

    Lets's hope that this Visa arrangement gets approved soon.

    Comment


      #3
      Now if Portugal did similar...

      I do like Spain but I like Portugal more.

      Comment


        #4
        Originally posted by ladymuck View Post
        Now if Portugal did similar...

        I do like Spain but I like Portugal more.
        I think they do, or were in the process of introducing one earlier this year?

        Comment


          #5
          Originally posted by Protagoras View Post

          +1

          Covid support should have been loan based, repayable over the long term only by those who received the support.

          Lets's hope that this Visa arrangement gets approved soon.
          https://www.thelocal.es/20221104/bre...tal-nomad-law/

          Comment


            #6
            Originally posted by jamesbrown View Post

            I think they do, or were in the process of introducing one earlier this year?
            Maybe. I will have to have a rummage

            EDIT: Looks like there's a D7 visa which could work (US-centric site)
            https://citizenremote.com/visas/portugal/
            Last edited by ladymuck; 4 November 2022, 10:31.

            Comment


              #7
              Originally posted by oliverson View Post
              This is very interesting, especially to me as I already have a property in Spain:

              https://www.euronews.com/travel/2022...ay-for-5-years

              The law hasn't been passed yet (early 2023 supposedly) and I'd need to see the detail but the thought of paying a flat rate of 15% tax, compared to 25% corp. tax + 8.5% dividend tax is very appealing. I'm not paying for a bunch of covid support I didn't receive.

              Thoughts?
              If it's passed i'll be packing my bags.

              Comment


                #8
                Originally posted by ladymuck View Post

                Maybe. I will have to have a rummage

                EDIT: Looks like there's a D7 visa which could work (US-centric site)
                https://citizenremote.com/visas/portugal/
                Portugal have one as well https://www.euronews.com/travel/2022...-this-new-visa

                Comment


                  #9
                  Originally posted by Unix View Post
                  Yes, that's the one I was thinking of, I recall seeing it in the news.

                  I think there's also a lower rate of income tax and social security contributions tied to it.

                  Comment


                    #10
                    Devil will be in the detail, if you are UK ltd company I'd guess you would still need to pay UK Corp Tax, Dividends might be different though but I'd guess you'd have to break all ties with the UK. If you have a sociedad limitada would a UK agent work with you?
                    Originally posted by Stevie Wonder Boy
                    I can't see any way to do it can you please advise?

                    I want my account deleted and all of my information removed, I want to invoke my right to be forgotten.

                    Comment

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