The Showdown: Comparing Spain and Portugal's Digital Nomad Visas
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- Опубликовано: 4 авг 2024
- Do you have international remote work flexibility? Are you interested in living in Spain or Portugal? Here's everything you need to know about the differences between Spain and Portugal's Digital Nomad Visas!
Digital Nomadism has never been more popular. More people than ever before find themselves with unprecedented remote work possibilities, which has led to a surge in people working from foreign countries.
More and more countries are offering Digital Nomad Visas tailored to this new global reality. Spain and Portugal have both released extremely popular Digital Nomad Visas in the last few years. Both countries offer incredible travel access to the rest of Europe, great cost of living, amazing culture, food, history, and much more.
But how do Spain and Portugal's Digital Nomad Visas compare to one another? Which option is right for you? In this video, we compare Portugal's Digital Nomad Visa to Spain's Digital Nomad Visa across four different categories -- duration of visa, red tape, income requirements, and tax implications -- so that you can choose which visa is right for you!
And remember: if you'd like to talk through your options or are ready to make the move, StartAbroad has you covered!
StartAbroad an international relocation company that supports Americans and Canadians moving to Panama, Portugal, and Costa Rica. We pride ourselves on our HR expertise, tailored services, and being in the corner of our clients every step of the way. You can learn more about us at www.startabroad.com.
If you're considering a move to Costa Rica or anywhere else, we'd love to speak with you! Please reach out to us at: info@startabroad.com or (202) 918-3118
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English proficiency is quite important IMO, a good point for future videos. But yeah great video!
internet sources say about Spain's Startup Act which could be used to reduce taxes down to 15%, did you account for that? Also in regards to Portugal, did you research what actually falls under active foreign source income? As most of it most likely will be considered Portugal sourced if you live in Portugal. Based on these two facts, do you still think Portugal is more favourable tax-wise for digital nomads?
For Spain, 15% applies to those opening start ups, not individual digital nomads.
Great info. Thanks for sharing.
I'm looking into retiring in the next 3/4 yrs. in whichever works better for me at the time. 🤞
D7 Portugal. Read on it.
@@emmanuelkowblah6251 I will, thanks.
Are you sure that Spain requires a period of six months per year to renew residency again?
Thank you
I spoke with a tax specialist from Portugal and the NHR program is very limited on the professions they now allow. You most likely won't be able to count on it.
How much money should be at bank account to prove to spain embassy good income,m
I read on the _Schegen website_ that in Portugal you need to show proof of earning 8000 euro/year?
Can someone explain the requirement under Spanish law pertaining to the digital nomad visa in regard to the social security certificate? I work remotely for a US-based company. I had a free consultation with an attorney in Spain. They informed me that my employer has to register with the social security offices in Spain and that the US Social Security office has to provide a certificate to the SS office in Spain. Does that sound correct? This information is mostly omitted from other videos or information I have seen online. Any clarification is appreciated.
Are you an employee W2 or a contractor 1099? If you are a W2 I don't know. But if you are a 1099 and you don't get social security deductions in the USA then you will have to register as an autonomo (self employed) in Spain.
No more NHR - portugal is smoke