Spain has recently tightened its digital nomad visa requirements, raising the minimum monthly income threshold for applicants. While this increase affects those applying for the visa in 2025, it’s important to note that Spain’s requirements still rank below some other European nations.
Starting in 2025, foreigners looking to obtain a digital nomad visa in Spain will need to meet higher income criteria. The increase is in line with the country’s minimum wage adjustment, rising by 4.4% to €1,184 per month, or €16,576 gross annually.
The financial requirement for the digital nomad visa calculates 200% of the minimum wage, meaning applicants must now earn at least €2,762 per month. This represents more than a €100 increase from the previous threshold.
Despite this hike, Spain’s digital nomad visa remains competitive compared to other European options. For context, let’s explore the requirements across various countries:
Iceland: The Highest Income Requirements
Iceland’s remote work long-term visa caters to high-income individuals earning a minimum of €7,075 per month, the highest in Europe. This visa allows workers to stay in Iceland for six months, with the potential for tax residency.
Applicants can enter either as employees of foreign companies or as freelancers. The €7,075 threshold reflects Iceland’s emphasis on attracting top talent and maintaining its robust economy.
Estonia: Second-Highest Income Requirements
Estonia’s digital nomad visa comes with a gross monthly income requirement of €4,500. This visa offers more extended stay durations, allowing individuals to remain in Estonia for up to one year. Like Iceland, it includes provisions for tax residency and local taxation after six months.
Romania: Attractive with Lower Income Requirements
Romania’s digital nomad visa sets its income requirement at €3,950 per month, nearly quadruple the country’s average gross salary. This policy highlights Romania’s efforts to attract foreign workers and capitalize on its burgeoning tech sector.
In 2023, Romanian president Klaus Iohannis signed a new bill that exempts long-term digital nomad residents from income tax, social security, and health insurance contributions, further incentivizing foreign professionals to relocate.
Finland: The Lowest Income Requirements
Finland offers one of the most accessible digital nomad visas in Europe, despite its high cost of living. Applicants need to earn a minimum of €1,220 per month. This visa is open to non-EU entrepreneurs who are self-employed or run independent businesses.
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This low-barrier approach reflects Finland’s strategy to attract diverse talents and foster economic growth through international skills and innovation.
Montenegro: Moderate Income Requirements
Montenegro’s digital nomad visa requirements are set slightly higher at €1,400 per month, allowing participants to stay for up to four years. The scheme offers tax breaks, though specific details remain to be confirmed.
Albania: Unique Permit Simplifies Long-Term Stays
Albania introduces the ‘Unique Permit’ for digital nomads, allowing them to work and live in the country for up to one year, renewable up to five times consecutively. The annual funding requirement is approximately €9,800, with proof of employment contract and remote work eligibility.
This visa aims to simplify the process for foreign professionals, making Albania a more attractive destination for digital nomads.
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While Spain’s income requirement increase presents a challenge for some digital nomads, it remains competitive within the broader European context. Other countries vary significantly in their minimum income requirements, reflecting their unique economic strategies and regulatory environments.
For those considering a digital nomad visa, it’s crucial to research each country’s specific criteria and benefits to make an informed decision about their future work and living arrangements.
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