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How much income do I need to show for the Spanish Digital Nomad Visa renewal?

 

To renew your Spanish Digital Nomad Visa, you must demonstrate a stable income of at least $2,500 per month. This requirement ensures you can support yourself while living in Spain. It’s essential to provide evidence of income through bank statements, contracts, or other financial documents.

Eligibility Requirements

The Spanish Digital Nomad Visa is tailored for individuals who work remotely and wish to reside in Spain. To qualify, you must meet specific requirements, including proving a consistent monthly income. Initially, you need to show an income of at least $2,500 per month, but for renewal, this amount remains the same, ensuring you continue to meet financial stability standards.

Additionally, applicants must show that their professional activities can be conducted remotely using telecommunications technology. This includes freelancers, remote employees, or business owners with clients outside of Spain. You must also have a clean criminal record and health insurance that covers you while residing in Spain.

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Application Process

The renewal process for the Spanish Digital Nomad Visa involves several steps. First, gather all necessary documents, including proof of income, a valid health insurance policy, a clean criminal record certificate, and proof of your ongoing remote work activities. Bank statements or contracts can serve as financial evidence.

Submit your renewal application at least 60 days before your current visa expires. The application should be submitted to the appropriate Spanish immigration office, either online or in person, depending on their requirements. Ensure all documents are up-to-date and translated into Spanish if needed.

Upon submission, the immigration office will review your application, and you may be asked to provide additional information or attend an interview. Once approved, your visa will be renewed, allowing you to continue enjoying the benefits of living and working in Spain.

Comparison with Other Visas

While the Spanish Digital Nomad Visa is designed specifically for remote workers, there are other options for those wishing to relocate to Spain. For instance, the Spain visa for retirees and non-workers requires applicants to demonstrate a higher income or savings since it does not allow any work-related activities. In contrast, the Spanish Remote Working Visa caters to those who can maintain their employment remotely and meet the minimum income criteria.

Each visa type has unique benefits and requirements, making it crucial to choose the one that aligns best with your lifestyle and professional circumstances. Consider consulting with an immigration expert to determine which visa best suits your needs.

For more details, check out our comprehensive guide – How to move to Spain – The Complete How To.

Planning your move to Spain? Reach out now or book a 45-minute Zoom consultation to get expert guidance tailored to your situation.

David Poole is a South African entrepreneur and businessman, and founder of Consult Immigration.