Reply to: Spain digital nomad visa

[GJABS]

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[NotAllThere]

I found this graphic a helpful reminder, showing basic rules for travel in the EU.

It's not just EU citizens, it's citizens of any Schengen country as well - i.e. Iceland, Norway, Switzerland and Lichtenstein

[lecyclist]

I found this graphic a helpful reminder, showing basic rules for travel in the EU.

[GigiBronz]

Long term rentals are widely available from 10th September (end of high season - beginning of school/ higher education cycle) until June (Spanish schools break up around 21st June). This is the model I favour, as I have no interest in tying up more equity in property.
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Thank you for the advice, some of them I was aware but some of them were also only in my head.
I do need to learn Spanish to be able to communicate properly, I can understand and speak a few words but far from being fluent.

my mind is set for Marbella or between Marbella and puerto banus for now. Not entirely convinced to pull the trigger but will see.

I live in Isle of Dogs in London with Thames view and it is indeed incomparable. As long as you live high enough so that you do not hear the party boars, the experience is incomparable.
there is that show: “murder by the sea” where the say that there is something that attracts psychopaths, always wondered if it is me or it is only the beauty of nature…

[lecyclist]

Long term rentals are widely available from 10th September (end of high season - beginning of school/ higher education cycle) until June (Spanish schools break up around 21st June). This is the model I favour, as I have no interest in tying up more equity in property.

One of the benefits of renting during this period in an obvious tourist area (e.g. beachfront) is that the second home/ holiday rental purpose of the whole block often means you will have near complete privacy for the period of rental (no noise from neighbours).

Another benefit, since the 9/10 month contract is unappealing to many, means you can achieve a rent that may be equivalent to 3-4% effective annual yield (based on the expected selling price of the property), which means it's a no-brainer to rent rather than buy. Typically the best rental deals are on the older properties (especially those without a/c) where the owner has already cleared the mortgage.

If you are prepared to select 2nd or 3rd line to the beach the savings can be even greater. That is a false economy in my opinion, trading quality of life for a few hundred euros per month, but all our situations are different.

I would suggest using Idealista ( https://idealista.com/ ) as a guide to understand the Spanish property market in the area you are targeting, however it is unlikely you will get any response from contacting ads (1) Unless you are communicating in Spanish (2) Unless you are located in Spain. For that reason, when you are serious about finding a property you should probably contact one or the larger agents in the area, especially if you are trying to coordinate everything from overseas. Although of course that means the price could be higher.

[GigiBronz]

Mate of mine (from Poland, so EU) recently moved to Greece as he can work remotely from wherever and found it rather difficult to get a longer term rental (he got one in the end, but not after being left high and dry and having to move out in two days as the chap changed his mind). Main issue was that you are not local, you might ditch it and move out any minute etc. so the risk for them is higher.

they start to be less picky once outside the holiday season albeit with the caveat that plenty will expect you to vacate before the next holiday season.
Which would not mind as you are never sure how long you would like to stay somewhere. I might find something off-putting after the next 4-5 months.

considering how cheap it currently is on airbnb, I do not find it an actual problem. the rental market is actually worse in the areas in demand in UK.

[dsc]

[...]I've lived for 3+ months in Airbnb's here and not entirely sure if to pull the trigger on getting a more long term accommodation. Finding long term accommodation during the summer is also slightly more difficult as they would rather get tourists in at daily rates.
[...]

Mate of mine (from Poland, so EU) recently moved to Greece as he can work remotely from wherever and found it rather difficult to get a longer term rental (he got one in the end, but not after being left high and dry and having to move out in two days as the chap changed his mind). Main issue was that you are not local, you might ditch it and move out any minute etc. so the risk for them is higher.

[GigiBronz]

The main problem is that the U.K government is curre you taking up to three and a half months to issue A1 social security certificates to British people who have been paying national insurance for a quarter of a century.

prisoners are not allowed to leave the prison. Not that it is any different in Europe, it is actually worse in most places including Spain if you have to work there. But if you are lucky and can arbitrage earning in a HCOL area while living in a LCOL area... it can work well.

Maybe persist with a few phone calls to the support line? It should be only a formality.

I've lived for 3+ months in Airbnb's here and not entirely sure if to pull the trigger on getting a more long term accommodation. Finding long term accommodation during the summer is also slightly more difficult as they would rather get tourists in at daily rates.

The UK economic situation might deteriorate in the near future as more information comes out. There are already issues with defaults, corporate leases, people struggling with debt, but I think more will follow in the next 3 months.
I would get my ducks in order asap so you can focus on what is next.

[Bluenose]

The main problem is that the U.K government is curre you taking up to three and a half months to issue A1 social security certificates to British people who have been paying national insurance for a quarter of a century.

[GigiBronz]

surprised this thread is dead ...

might be a bit off-topic but are there options for people that do not have EU passport / visa?
90days / 180 days in Schenghen area?
Are there other european countries where they could spend another 90 days before the 180 days move? Asia ?
Non Schengen seem to be: Bulgaria, Croatia, Cyprus, Ireland, Romania
Does it work like that?

If you are stuck in London with a 1 bed flat at 1700 without bills or 1200 in the rest of the SE that seems a poor decision financially if you do not have any income coming in.

Currently it costs me about 950 per month for an 1bed airbnb city center Seville and probably another 600 euro in food, eating out mostly. It is significantly less than most places in UK.

Are there any other EU options to bounce around or do you have to go to Thailand Asia etc. ?

[Bluenose]

The paperwork is light, the requirements are very tight, probably designed to stop a stampede from day-one like in Portugal.

On the flip side you'll get a response within about 20 days. In Portugal right now, you'll be lucky to get one in 2 years. I jest of course but Portugal just sacked their entire immigration department it was getting that bad.

24% Tax flat-rated to 600k EUR? There are worse ways to earn a EU passport.

[oliverson]

What? This is one of the most light touch visa application processes I've ever seen.

I've worked in multiple countries and now hold multiple residencies. Every single visa I've had has been a massive paperwork and evidence burden, this one is nothing in comparison.

Let me guess, you also voted for Brexit?

What does me voting for Brexit or not have to do with reams and reams of documentation required for a visa?

btw, I started this thread because the 'headline' flat rate of tax was supposedly 15%. Attractive against a backdrop of Corp. Tax rising to 25%+ for my Ltd. But the reality is that for you and me, it's really 24%. Typical of the Spanish. I've owned a place over there for coming up to 20 years and let me tell you, they're full of tulip. The bureaucracy in that country is off the scale.

[DrewG]

Ridiculously excessive red tape.

What? This is one of the most light touch visa application processes I've ever seen.

I've worked in multiple countries and now hold multiple residencies. Every single visa I've had has been a massive paperwork and evidence burden, this one is nothing in comparison.

Let me guess, you also voted for Brexit?

[DrewG]

Very keen to follow through on this myself as I've got property in the Costa Brava which I'd like to use as a more permanent base.

My initial respone to the link posted above regards section 5:



real and continuous activity for at least 1 year. I assume that means your ltd has demonstrated that it has been trading for at least one year since its inception. I hope it doesn't mean that you have to show that you've been activnely trading over the last year because that's going to have a real impact if you have only one income stream and your inside IR35 (which I am).

How will you take advantage of the flat tax (I think 15% for 5 years?). I think it's based on income outside of the country, does that means you will not pay HMRC even though your clients are UK based?

[oliverson]

Full details are available now.

https://www.exteriores.gob.es/en/Ser...b3mada+digital)

Ridiculously excessive red tape.