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How recent must my bank statements be for the Spanish Digital Nomad Visa application?

 

When applying for the Spanish Digital Nomad Visa, your bank statements must be no older than three months from the date of your application submission. This requirement ensures that your financial status is current and demonstrates your ability to support yourself while living in Spain. Be prepared to provide three consecutive months of bank statements to fulfill this criterion.

Eligibility Requirements

To qualify for the Spanish Digital Nomad Visa, applicants must meet several eligibility requirements beyond the recent bank statements. Applicants must demonstrate a stable income stream from remote work or freelance activities performed for companies outside of Spain. This income must meet or exceed the minimum threshold set by Spanish authorities, which often correlates with the national minimum wage but can vary, so it’s advisable to check the latest requirements.

Additionally, applicants must not have a criminal record in Spain or their home country, and they must possess health insurance coverage valid in Spain. Another critical aspect is proving that your professional activities can be conducted remotely without negatively impacting the Spanish labor market.

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Application Process

The application process for the Spanish Digital Nomad Visa involves several steps, beginning with gathering the necessary documentation. In addition to your bank statements, you’ll need to provide proof of income, a valid passport, health insurance documentation, and a clean criminal record certificate. It is crucial to have all documents translated into Spanish by a certified translator if they are not originally in Spanish.

Once your documents are ready, you can submit your application at the Spanish consulate or embassy in your home country. It’s important to note that processing times can vary, so applying well in advance of your planned move to Spain is recommended. If approved, the visa allows you to live and work remotely in Spain, typically for up to one year, with the possibility of renewal.

Comparison with Other Visas

While the Digital Nomad Visa is specifically designed for remote workers, Spain offers other types of visas that might be more suitable depending on your circumstances. For example, the Spain visa for retirees and non-workers is ideal for individuals who do not plan to engage in work or commercial activity in Spain. This visa requires proof of sufficient financial means to support oneself without working.

In contrast, the Digital Nomad Visa to live in Spain specifically targets those who wish to continue their remote work while enjoying the lifestyle Spain offers. Each visa category caters to different needs, so understanding the specifics of each can help you choose the most appropriate one.

For more details, check out our comprehensive guide – Living in Spain as an Expat – The Complete How To.

Got questions about living in Spain? Get in touch or chat with us on Zoom to find the best visa route for your move.

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