Spain: Launching "Digital Talent Visa"

A few days ago, the Spanish government recently approved the implementation of the "digital talent visa" policy, hoping to attract more talents from related industries to live and live in Spain. This kind of visa is aimed at people who do not need to work in a fixed place and rely on the Internet to work remotely.

According to reports, applicants for a "digital talent visa" must come from a country outside the European Union, have been employed by a company or institution outside Spain in the past, and have been telecommuting for at least one year. In addition, applicants must have a residence in Spain and be able to provide proof of financial resources. Spain has set the minimum monthly income threshold for applicants at around 2000 euros.

"Digital Talent Visa" holders can enjoy a preferential tax rate of 10 percentage points lower than the standard tax rate during their stay in Spain, and entrepreneurs will be supported by tax policies. The visa is initially valid for 12 months, and can then be renewed for a maximum of 5 years according to the applicant's specific circumstances. The applicant's spouse and children can also apply for the visa at the same time.