Everything you need to know about Digital Nomad Visas in 2024!
With all these new possibilities and policies (read: digital nomads visas) the past years brought us, we get to the most fun part now: picking your dream destination.
But wait, what about my taxes…?
When choosing your new home-away-from-home, taxes might not be the first thing you consider. However, staying in another country for a fair amount of time does oblige you to lodge your taxes there in some cases.
Leave it to us to inspire and inform you with this attractive list of countries with digital nomad visas!
Table of Contents
- Digital Nomad Visas – Overview
- All the Digital Nomad Visas For Remote Workers
- Anguilla: Remote Work Program
- Antigua & Barbuda: Antigua Nomad Digital Residence (NDR)
- Aruba: One Happy Workation
- Australia: Working Holiday Visa
- Barbados: Barbados Welcome Stamp
- Bermuda: Work from Bermuda Certificate
- Cabo Verde: Remote Working Cabo Verde
- Cayman Islands: Global Citizen Concierge Certificate
- Costa Rica Digital Nomad Visa
- Curaçao: @Home in Curaçao
- Croatia: Digital Nomad Visa
- Cyprus Digital Nomad Visa
- Czech Republic: Zivno Visa
- Dominica: Work in Nature
- Dubai: One-year Virtual Working Program
- Ecuador Digital Nomad Visa
- Estonia: Digital Nomad Visa
- Georgia: Remotely from Georgia
- Germany: Freiberufler Visa
- Hungary: White Card
- Iceland: Remote Work Visa
- Italy Digital Nomad Visa
- Malta: Digital Nomad Residency
- Malaysia: Rantau Digital Nomad Pass
- Mauritius: Premium Travel Visa
- Mexico: Temporary Resident Visa
- Montserrat: The Remote Work Stamp
- Norway: Self-employed Person Visa
- Panama: Digital Nomad Visa
- Peru: Rentista Visa and Work Visa
- Portugal: Residence Visa for Independent Work or Resident Visa for Entrepreneurs
- Romania: Digital Nomad Visa
- Saint Lucia: Live It Program
- Seychelles: Workcation
- Spain: Self Employment Visa
- Taiwan: Gold Card
- Uruguay: Residence Permit
- Conclusion – Digital Nomad Visas Countries
Digital Nomad Visas – Overview
Let’s start this guide with some questions I often receive about digital nomads visas, such as the requirements, taxation, and more.
What is a Digital Nomad Visa?
A digital nomad visa is a type of visa specifically designed for remote workers who wish to live in a foreign country while working for a company or clients outside that country.
This visa allows them to legally reside in the host country for an extended period, typically longer than a standard tourist visa, while continuing to work remotely.
Are there Income Requirements to Qualify for a Digital Nomad Visa?
Most digital nomad visas have income requirements to ensure applicants can support themselves without local employment.
These requirements vary by country but generally involve proving a stable and sufficient income from remote work or self-employment.
How Does Taxation Work for Digital Nomads Visas?
Taxation for digital nomads on these visas varies by country. Some countries offer tax exemptions for income earned abroad, while others may require digital nomads to pay local taxes.
It’s important to understand the tax laws of both the host country and the nomad’s home country to ensure compliance.
Do You Really Need a Digital Nomad Visa?
Whether a digital nomad visa is needed depends on your personal circumstances, such as the length of stay and the country’s immigration laws.
Most digital nomads work on a tourist visa when traveling, which isn’t always officially allowed, and the length of stay is generally pretty short.
All in all, a digital nomad visa provides a legal framework for longer stays and may offer more stability and benefits.
Can Families Apply to Digital Nomad Visa?
In many cases, digital nomad visas allow for family members to accompany the primary visa holder. This typically includes spouses and dependent children.
However, the specific policies and requirements for family members vary by country and should be verified during the application process.
All the Digital Nomad Visas For Remote Workers
Now that you have a better idea about these visas, let’s go further in detail and discuss all the countries that currently offer one. Let’s get started!
Anguilla: Remote Work Program
With the Remote Work Program, you can stay up to a year on the island of Anguilla. You’re eligible for the digital nomad visa if you can show proof of employment or a Business Incorporation Certificate.
You also need to show proof of having a valid health insurance that covers COVID-19. The application fee is $2000 for individuals and $3000 for families.
Speaking taxes, Anguilla is pretty attractive as it is tax-free. There’s no income tax and the property tax is very low, making it one of the best digital nomad visas.
Antigua & Barbuda: Antigua Nomad Digital Residence (NDR)
This independent Commonwealth country made up of the two-namesake island and several smaller ones gives you the opportunity to stay for two years on the Antigua Nomad Digital Residence.
Under this visa, you’re not allowed to work for any organization that’s doing business in Antigua or Barbuda and you have to show proof of a yearly income of $50,000 and having the means to support yourself and the ones you’re bringing over.
The application fee is $1500 for individuals, $2000 for couples and $3000 for families (the fee is non refundable, keep that in mind).
The country of Antigua and Barbuda does not have a personal income tax. On the official website it’s highlighted that as a visa holder, your income tax affairs stay entirely with your country of normal residence.
Aruba: One Happy Workation
Rather than offering a visa, Aruba has come up with an entire program for anyone who wants to work remotely from the island for a period varying from a week to three months.
It offers great accommodations – including superfast Wi-Fi – and plenty of discounts and access to local experiences. Even your dog and cat are welcome.
The program is only open for US nationals however, but in case you are, this program could be the perfect little break from staying at home so much.
You don’t even need to apply, as you can directly book your Happy Workaction through their website. Keep in mind that you can’t stay longer than three months, making it one of the strictest digital nomad visas.
As this program is a (working) holiday rather than a semi-permanent stay, you simply keep lodging your taxes in the United States.
Australia: Working Holiday Visa
Who doesn’t have a friend that has been to Australia to work on a farm? That’s because anyone aged between 18 and 30 (up to 35 for some countries) can get a 12-month working holiday visa showing $4000 in a bank account.
It also makes it perfect for beginning digital nomads as you’re allowed to work legally in Australia for a year. That doesn’t have to be the typical traveler’s job like working in agriculture or in a bar.
Residents, but also temporary visitors, are required to pay taxes on the income they earn in Australia. Once you’ve arrived down under, you’re advised to apply for an Australian Tax File Number.
Are you not sure whether or not you need to pay taxes over the work you do remotely? There’s a tool available on the official website of the Australian Taxation Office called the “Do I need to lodge a tax return”, so make sure to check this carefully.
With its “Bahamas Extended Access Travel Stay (BEATS)” program, you can stay for a long time and enjoy the beautiful beaches on its 16 islands, which is a tax-free haven.
In addition to the high cost of living in the Bahamas, the visa also has a fee.
The length of stay covered by the visa is 1 year and renewable to a maximum of 3 years.
The cost of visa is USD1,000 for the applicant plus USD500 for every dependent. The application process costs USD25 per applicant. The required income is unknown.
Barbados: Barbados Welcome Stamp
Dream destination Barbados has undertaken action in this difficult year to attract digital nomads.
Last July, they released a special digital nomad visa named the Barbados Welcome Stamp. It’s a visa valid to work and live on the island for one year.
As an individual you pay $2000 and as a family $3000.
You’re eligible if you can show proof of having an annual income of $50,000 and if you can show this income is generated outside Barbados.
For the entire period for which the Welcome Stamp is granted to you, you need to show you have a valid health insurance.
As a non-national who got granted the Welcome Stamp, you are deemed not to be resident in Barbados under the Income Tax Act.
Bermuda: Work from Bermuda Certificate
Bermuda is definitely a dream destination too. The good news? It came up with a special visa that allows digital nomads to work on the island for a year.
Unique about this digital nomad visa is that it also targets students. Non-Bermudian Post-Secondary students are welcome to complete their higher education from the Bermudian beaches.
In order to qualify, you must be older than eighteen years, have a valid health insurance, and provide proof of employment or enrollment in higher education.
In addition, you also need to prove you have sufficient means or a continuous source of income so Bermudians currently working on the island will not get displaced in the positions they hold.
Bermuda doesn’t tax the income or capital gains of resident or non-resident individuals. Plus, the application fee is only $263, making it one of the cheapest digital nomads visas to apply for.
Brazil’s government has introduced a remote worker visa to allow eligible foreign nationals to reside and work there. Currently, you cannot apply for this visa online; instead, you must visit a Brazilian consulate in person and bring your paperwork with you.
Currently, foreigners who are employed by foreign companies and want to work remotely in Brazil can do so for a year.
fter that, you can extend the visa for another year, giving you even more time to explore this intriguing location’s delicious cuisine, beaches, carnivals, and rainforest.
The length of stay covered by the visa is 1 year and renewable for 1 more year. The cost of visa is unknown. The required monthly income is USD1,500 OR you can prove you have at least 18,000 USD in savings.
After 183 days you’ll fall within Brazil tax system and have to pay taxes here, even when on digital nomad visas.
Cabo Verde: Remote Working Cabo Verde
The Cabo Verde Remote Working Program is eligible for anyone from Europe, North America, Community of Portuguese Speaking Countries (CPLP) and Economic Community of West African States (CEDEAO).
You’ll be required to present your proof of income as an individual or as a family, regarding at least the last 6 months.
The minimum average bank balance of EUR 1,500 in the last 6 months. For a family that minimum average bank balance needs to be EUR 2,700 in the last 6 months.
The application cost is only EUR 20. Remote Workers in Cabo Verde are exempt from income tax and the valid permit lasts for 6 months, which can be extended for another 6 months after.
Cayman Islands: Global Citizen Concierge Certificate
Safe to say that the Cayman Islands are an interesting destination for digital nomads.
Thanks to their Global Citizen Certificate, you are allowed to stay for two years. In every single year, you have to reside in Cayman for at least ninety days.
Obtaining the visa is a little more challenging than it is compared to the other destinations on this list: you need to prove an annual salary of $100,000 and have a valid health insurance.
Moreover, they run background checks on you and you need to have a notarized bank reference letter. The annual fee is $1500.
There is no individual taxation nor corporate tax in the Cayman Islands.
Costa Rica Digital Nomad Visa
The Costa Rica DNV allows digital nomads to stay in Costa Rica for up to 1 year. But you can apply for an additional year as soon as your 1 year is up. The main requirement is that you do not work for a Costa Rican company.
If you plan on traveling to Costa Rica on your own you must show proof of income you must have at least a stable monthly income of 3,000 USD. On the other hand, if you plan to apply for the Costa Rica Digital Nomad Visa with your family members, you must prove that you have at least a stable income of 4,000 USD per month.
Original bank statements, along with a signed affidavit, need to be presented as proof of income. Travelers will also need to obtain health insurance for their entire stay. And all documents need to be translated into Spanish before submission.
You should receive an answer within 15 days about the outcome of your application. Applicants also benefit from an income tax exemption.
Curaçao: @Home in Curaçao
The Dutch Caribbean island of Curaçao, widely known for its beautiful beaches and coral reefs, is also open to receiving nomads through its program ‘@Home in Curaçao.’
This program allows remote workers to work and live on the island for six months, in contrast to the usual European Union 90-day tourist visa standard. And what’s great is that this is renewable for another six months.
You would be required to pay a fee of USD 294 per person, present proof of solvency, and purchase health insurance.
The best part? You’re not liable for income tax during your whole stay.
Croatia: Digital Nomad Visa
If you can prove that you perform your work through communication technology for a foreign employer or your own company (which is not registered in Croatia) then you might qualify for the Croatian Digital Nomad Visa.
You will also need to show proof of means of subsistence during your stay in Croatia which can be done by submitting a bank statement or proof of regular income. The monthly minimum income is EUR 2,250.00 or EUR 27,000 in savings.
The application cost is as follows:
- 55,74 EUR for the temporary stay
- 93 EUR for the long-term visa (visa D)
- 41,14 EUR for the residence card
These fees are a little lower if you apply at a police station, which is convenient for in-country applications.
The best thing? Income based on the Digital Nomad Visa in Croatia is tax free. This means that you could live one year tax-free!
Cyprus Digital Nomad Visa
Now that non-EU citizens are allowed to enter Cyprus, you should start applying right away, but be aware that there are only 500 spots available.
However, it is important to keep in mind that Cyprus is not a part of the Schengen Zone, and if you stay there for more than 183 days in a single tax year, you will be regarded as a tax resident.
The length of stay covered by the visa is 1 year and renewable for 2 more years maximum.
The application costs if 70 EUR. The required monthly income is EUR3,500 (an additional 20% is required if bringing spouse, another 15% for bringing any minor).
Czech Republic: Zivno Visa
The Zivno? That’s right, it’s Czech Republic’s Freelancer Visa (it makes you a trade license-holder).
To obtain it, it is recommended to use a local agency. You need to register at the Trade Office, choose your subject of business and pay a fee.
Income wise you need to show at least 124,500 CZK (or about $5,650) in your bank account.
As a trade license-holder in Czech Republic, you are required to submit an annual tax return. You will be paying income tax, social security and health insurance.
Dominica: Work in Nature
The Commonwealth of Dominica (not to be confused with the Dominican Republic) is your best option if you intend to stay in the Caribbean and want a lower cost of living.
Remote workers and digital nomads can also stay for an extended amount of time thanks to their most recent “Work in Nature” (WIN) visa scheme.
The length of stay covered by the visa is up to 18 months.
The cost of visa is USD900 for individuals or USD1,300 for a family plus a deposit of USD100.
The required income is USD50,000 per year.
Dubai: One-year Virtual Working Program
Dubai has now launched their remote work visa welcoming you for a year. The visa gives you access to the same services of their residents.
You’re eligible for the visa if you can prove you earn an income of $5000 per month. That’s a higher eligibility requirement than other places, but it’s in line with the high living costs.
For the visa, it doesn’t matter whether you have your own company or if you’re an employee. The visa covers a maximum of 1-year stay in the country.
It costs USD611 in total covering application, processing, medical exam, and Emirates ID fees.
Speaking taxes, Dubai is definitely an attractive destination as the income is tax-free.
Ecuador Digital Nomad Visa
A temporary residence visa will be granted to foreigners to work remotely (they may have their own business or work for one or more companies abroad) carrying out professional, or service activities, remotely, digitally, or telecommuting.
You qualify if you can demonstrate income sources earned in the last 3 months totaling a minimum of $1,350 USD, or a total of $15,300 earned over the course of the past year.
The foreign person must attach copies of their international account statements where said income is reflected.
There won’t be any taxes up to 183 days. After that, you’ll fall into the tax system.
Estonia: Digital Nomad Visa
Estonia has been amongst the top countries for creating a perfect landscape for digital nomads. In addition to the e-residency, which has already gained awareness amongst remote workers, they have introduced the world’s first Digital Nomad Visa on August 1st 2020. So, what’s the difference between the two?
The new Digital Nomad Visa gives you the right to stay in Estonia temporarily whereas e-residency doesn’t. E-residency gives you the rights to set up an Estonian company only.
However, you’re probably reading this article because you do actually want to physically move somewhere yourself and, in that case, their Digital Nomad Visa is for you.
This visa is available for both short-term and long-term stay: up to 90 days under a short-term application process, and up to one year under a long-term application process.
The latter also includes 90 days of travel across the Schengen zone. You’re eligible for the Digital Nomad Visa if you can deliver proof of a gross income of at least €4500.
You’re eligible for the Digital Nomad Visa if you either have an active employment contract with a company abroad, conduct business through your own overseas company, or as a freelancer for clients mostly outside of Estonia.
When you’re staying in Estonia on a Digital Nomad Visa for more than 183 days a year, you are considered an Estonian tax resident. That means you have to lodge your taxes here.
Georgia: Remotely from Georgia
Georgia has become more and more well known as a true digital nomads’ hub. They introduced a scheme to citizens of all countries aimed at freelancers and the self-employed.
You’re eligible for their digital nomad visa if your income meets the threshold of $2000 per month.
To apply, you fill out an application form with your personal information and show a certificate of employment.
You’ll fall into tax residency after having spent 183 days in Georgia and will have to pay Georgian income taxes which can be as low as 1% if you earn less than $155,000 per year.
That being said, while this is an attractive option, the regular 1-year visa allows you to work in Georgia, without the need to apply beforehand, which is a good alternative.
Germany: Freiberufler Visa
Germany offers this visa carrying a beautiful German name which targets freelancers and remote workers: Frei Berufe means liberal profession.
The visa is typically granted for three months. It can be converted into a residence permit while your visa is still valid. This residence permit for freelancing can be extended for up to three complete years.
For digital nomads from outside the EU the Freiberufler is particularly attractive because it’s a legal way to sidestep the strict Schengen Visa requirements which only allow you to stay for 90 days out of every 180-day period in the entire Schengen zone (which is most of the EU).
When you’re staying in Germany as Freiberufler, you become a tax resident. You have to register with your local Tax Registration Office (Finanzamt).
That’s how you obtain a Tax ID (steuernummer), which you need to charge your clients and to pay taxes on your freelance operations.
The digital nomad visa of Greece is relatively new, and to apply you just need to visit the embassy in your country and begin the process (also referred to as a long-stay visa).
Once you’ve been granted the visa, you’ll need to register for a residence permit once you’ve arrived in the nation.
Especially if you wish to relocate to the Mediterranean, this is an incredible opportunity!
The length of stay covered by the visa is 1 year and is extendable by 2 more years. It costs EUR75 plus EUR100 administrative fee. The required monthly income is EUR3,500 (plus 20% for spouse and 15% per child).
No local income tax for 180 days. After that you’ll fall into the tax system.
Hungary: White Card
The “White Card” is a visa designed by Hungary to lure digital nomads with an individual residency permit. Due to this, applicants who are married or have children are sadly not accepted.
The length of the stay covered by the visa is 1 year and is extendable by 1 more year maximum. It costs EUR110.
The required monthly income is EUR 2,000 for the last 6 months.
Iceland: Remote Work Visa
In case all those tropical destinations aren’t calling your name, you might get enthusiastic about working remotely in Iceland.
The required monthly income is EUR 6,500 or EUR 9,700 if applying as a couple.
This high income requirement is set in place because when staying in Iceland under the Remote Work Visa, you don’t need to pay taxes.
Italy Digital Nomad Visa
The Italy Digital Nomad Visa, a specialized visa for remote workers, has not yet been officially launched as of late 2023.
However, Italy is working towards introducing this visa, which is expected to enable highly qualified foreign remote workers and freelancers outside the EU to legally reside and work in Italy.
This includes a minimum income requirement, a clean criminal record, and comprehensive health insurance.
The Self-employed Visa offers an initial one-year renewable permit and the potential for permanent residency after five years, with tax benefits for foreign professionals and remote workers, including a significant tax reduction on global income for those registering their residency in Italy.
Malta: Digital Nomad Residency
Malta launched its digital nomad visa that offers a six-month visa and an option of obtaining a one-year ‘Nomad Residence Permit’. The cost is EUR 300.
To qualify for the Digital Nomad Residency, applicants must prove they are conntracted to work remotely by a company based overseas, show that they run their own businenss or offer freelance service to clientele based abroad.
Applicants must prove that they are Third Country Nationals (i.e. Non-EU Citizens), Remote Workers or Digital Nomads or you earn at least EUR 2,700 per month (gross tax).
Best part about it? Nomad Residence Permit holders will NOT be subject to personal income tax since their employment is already taxed at origin. As long as you’re working for an overseas company (NOT incorporated in Malta, you don’t need to pay any taxes).
Malaysia: Rantau Digital Nomad Pass
The Malaysia Digital Nomad Visa, officially known as the DE Rantau Nomad Pass, is a significant initiative by the Malaysian Digital Economy Corporation.
The visa process is entirely online, simplifying the application process for digital nomads worldwide. This visa is valid for 12 months and can be extended for another 12 months.
One of the appealing aspects of this visa is its inclusivity, as there are no nationality restrictions, and it allows immediate family members, such as spouses and children, to accompany the visa holder.
Applicants should have a passport valid for at least 14 months at the time of application, work in digital or IT fields, and be employed remotely (either as an employee, self-employed, or business owner) with businesses and clients located outside Malaysia.
A minimum annual income of US$24,000 is required, along with a clean criminal record. Additionally, applicants must have health or travel insurance coverage for the duration of their stay in Malaysia.
Mauritius: Premium Travel Visa
This island in the Indian Ocean is offering a brand-new visa that allows non-citizens to stay for up to one year on the island.
It’s aimed at tourists, retirees and professionals who are willing to come with their family and carry out their business or work remotely from the island.
You need to prove you’re not entering the Mauritius Labour market, and your main place of business and source of income/ profits should be outside Mauritius.
When you stay 183 days or more (hence half a year), you become a tax resident and you’re liable to tax in Mauritius. The money you spent when using a foreign credit or debit card is not liable to tax on the island.
Mexico: Temporary Resident Visa
Mexico might be a very attractive destination if you’re just at the beginning of your digital nomad existence.
You’re eligible for the Temporary Resident Visa with a monthly income of $1620. Once granted the visa, you can stay up to four years.
You might actually want to stay that long as there’s so many places to discover, with Tulum as the absolute number one digital nomad hub.
Most likely, being in Mexico under the Temporary Resident Visa, you don’t qualify as a tax resident. Mexico’s taxation system is in practice more domicile-based, so you’re only considered a tax resident when it’s your permanent home or the place where you have the most ties.
Montserrat: The Remote Work Stamp
Montserrat, also known as “The Emerald Isle of the Caribbean,” is now trying to attract talented professionals through its Remote Work Stamp program.
This program grants remote workers the chance to live and work for up to a year in Montserrat. All you need is proof of a yearly income of USD 70,000 and the application cost of USD 500 per person.
The best part? You don’t have to pay any local income tax. That means you’re granted a tax-free year-stay on the island.
Norway: Self-employed Person Visa
Norway is definitely not for everyone, and not just because of its low temperatures almost all year round.
You can only stay here if you are freelancing with a Norwegian country and earn at least €36,719 per year. However, if you happen to have this special link with Norway, this visa is perfect for you.
If you have spent at least 183 days in Norway in a year, or 270 days in any period of 36 months, you are considered a Norwegian tax resident. Tax residents in Norway are taxed on their worldwide income, net of expenses.
Income tax rates go up to 38.7% and the social security tax to be paid is 14.1%. Also, your capital gains are taxed, usually at a rate of 25%.
Panama: Digital Nomad Visa
The fact that Panama is one of the most industrialized countries in Central America and that the majority of nationalities may already stay there for 90 to 180 days make it a wonderful location for remote workers.
However, you may extend your stay for additional months if you work remotely for a foreign company, are a freelancer, or are a self-employed business owner.
The length of stay covered by the visa is 9 months and renewable for a maximum of 9 months more. The cost of visa is USD250 plus USD50 for visa card issuance. The required annual income is USD36,000.
Peru: Rentista Visa and Work Visa
No matter what, you are allowed to stay for 183 days a year in Peru, which is six months already. If you want to stay longer however, there’s two types of visas to consider.
There’s the Rentista Visa, for which you’re eligible if you can prove a steady income of $1000 a month. Then, there’s the Work Visa as the CEO of your own company, applicable for many digital nomads.
These visas allow you to stay three entire years and are suitable in case you wish to use Peru as your second or regular residence.
When staying in Peru under the Rentista Visa, you are not a tax resident and you are exempt from paying the annual tax.
Portugal: Residence Visa for Independent Work or Resident Visa for Entrepreneurs
Another great location for beginning digital nomadism is Portugal. Lisbon has a huge international and vibrant community.
There’s the Residence Visa for Independent Work and the Resident Visa for Entrepreneurs you can apply for. You are eligible for these visas if you can prove to have a monthly income of €3,040 and a valid health insurance.
The visa firstly allows you to stay for a year which then can be extended for five years. If you’re still not done with the gorgeous Portuguese beaches, you can even get residency after that.
As a freelancer, you don’t need to pay social securities for a year. You have to pay taxes in Portugal if you stay for longer than 6 months.
Romania: Digital Nomad Visa
Following the lead of other European nations, Romania implemented its long-stay visa for digital nomads. However, they have a little higher income criterion than most.
The length of stay covered by the visa is 1 year and renewable for as long as you meet the requirements.
The required monthly income is EUR3700 (twice the average in Romania). You don’t have to pay local Romanian Taxes.
Saint Lucia: Live It Program
Saint Lucia is a great destination for tourists because of visa-free travel for citizens of the US, Canada, and the UK.
With the addition of their new program, “Saint Lucia Live It,” anyone can stay for a year with a multiple-entry non-immigrant visa while working remotely.
You can apply by completing a form and sending it to the following email address: email@example.com.
The length of stay covered by the visa is 1 year multiple entry. The cost of visa is USD75 per person. There is no required income.
The stunning African archipelago introduced its own Digital Nomad program, which is relatively simple to apply for and costs only a small amount of money.
Although Seychelles already provides visa-free entry for three months to all citizens worldwide, this workcation program is undoubtedly an excellent option if you wish to remain for a year.
The length of the stay covered by the visa is one-year maximum. It costs EUR45. There is no stated required monthly income but applicants are required to submit bank statements.
Spain: Self Employment Visa
Both Barcelona and Madrid have amazing digital nomad scenes. If you’re self-employed, this visa is for you. It allows you to stay for a full year in one of the sunniest and laid-back European countries.
You’re eligible for the visa if you can prove you have sufficient funds to “establish and maintain employment indefinitely”. Moreover, you need to pass a background check.
If you stay more than 183 days a year in Spain, you are considered a tax resident. As a freelancer or self-employed, you pay the same personal income tax as everyone else.
Important to realize is that the different regions in Spain levy taxes differently, so you won’t be paying the same amount of taxes across the country.
Taiwan: Gold Card
Taiwan introduced an open-ended living and working scheme called the Gold Card program.
The program allows those with skills in the field of science and technology, education, sports, culture and arts, and among many others, to be able to leave and re-enter Taiwan multiple times over the course of 1-3 years.
The Gold Card costs anywhere between USD 100 and USD 310 depending on your nationality and the duration of the card. After 183 days of stay, you will trigger a tax obligation with Taiwan.
Also, in 2019, Taiwan was named the best-rated expat destination due to its excellent healthcare, environment, and transportation which promotes a great quality of life. Will this be your next stop?
Uruguay: Residence Permit
As a tourist, you are already allowed to stay for a full six months. However, if you wish to stay longer, make sure you apply for a Residence Permit in the first thirty days after you arrive.
You qualify for the permit if you can show you earn $600 per month.
You become a tax resident in Uruguay if you stay more than 183 days a year in the country, if you carry out activities in Uruguay or if your economical or vital interests are in Uruguay.
For the latter, it is considered the case if your spouse and children are living with you in Uruguay too, hence it’s important to consider when you decide to bring your family with you.
Conclusion – Digital Nomad Visas Countries
As you probably have noticed, for many countries the line of becoming or not-becoming a tax resident is whether you stay more than six months a year.
That knowledge can come in handy when you’re making your travel plan, no matter if you plan hopping around Europe, some Caribbean islands, the Middle-East, or wherever your heart is calling you to go.
We are very curious to hear from you whether this quite extensive list (the world really is an awesome place, isn’t it?) has inspired you.
And for any tax related questions regarding your new temporary home, you know you can always reach out to us. We’re here to help you!
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We hope you have enjoyed this article. If you have any further questions please leave us a message below and we’ll get back to you as soon as we can.
NOTICE: The content of this article is not to be considered as a legal opinion or tax advice. Wanderers Wealth does not hold itself out as a legal or tax advisor. If you want to receive a legal opinion or tax advice on the matter in this article please contact us directly and we will refer you to a legal practitioner.