Nadia Calviño

The Spanish Parliament has approved the new law for start-ups and digital nomads, which regulates who is eligible for this visa and anticipates reducing the Corporation Tax for these categories from 25 to 15 per cent in the first four years of their stay in Spain.

Authorities in Spain have announced that they plan to issue digital nomad visas in order to offer citizens of the United States as well as those from non-European Union countries the opportunity to live in Spain while working remotely for companies located outside the country.

Spain will unfold plans for the digital nomad visa during the following months in an effort to attract internationals who can temporarily live in Spain while working for companies or clients outside the country to help its economic sector to recover from the crisis caused by the Coronavirus