Spain to cut taxes for digital nomads

Spain’s government on Friday adopted measures to attract so-called digital nomads – remote tech workers who can do their jobs from anywhere with good internet connection.

A growing number of countries are looking to attract digital nomads with easy visa requirements and tax breaks as they can help boost the local tech start-up scene.

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Spain’s measures, which will allow arriving digital nomads to use non-resident tax status with lower rates for five years, will be part of broader legislation intended to help start-ups, including tax incentives for Investors.

The legislation “will attract and retain international and national talent” by helping “teleworkers and” digital nomads “to settle in Spain,” the economy ministry said in a tweet.

Spanish expats who have been abroad for more than five years are also eligible for the program.

The widespread adoption of remote working during the coronavirus pandemic has opened up the possibility for more workers to relocate away from home.

Earlier this year, Croatia passed a measure offering digital nomads a one-year visa and exempting them from income taxes.

Georgia, Thailand, Iceland and Costa Rica have also put measures in place for digital nomads.

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