What is the new Spanish Start up Law? What does it mean for digital nomads?
With the sole purpose of attracting international "digital nomads" , Spain will grant digital nomads an initial valid visa for one year, which can be renewed later, initially for three years and finally for two years.
In this way, all international workers who meet this profile will be able to easily obtain permanent residence after five years.
The perception of Spain as a friendly country that provides legal security, tax, labor and immigration legislation favorable to this type of professionals and companies will be key.
The objective is none other than to attract and retain talent in today's globalized world and support the community of digital entrepreneurs and their internationalization
Factors such as the speed of broadband, the cost of living, crime rates and others will be decisive for the choice of Spain as a destination to settle, either as a digital nomad or as a startup.