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✈️Visa & Residency
Digital Nomad Visa — requires remote work for a non-Spanish company (3+ months tenure), min ~€2,850/mo income, and a degree or 3 years experience. Valid 1 year, up to 3 years. Special 24% flat tax rate.
Non-Lucrative Visa suits retirees and those with passive income (€28,800/yr, no work allowed).
Non-Lucrative Visa suits retirees and those with passive income (€28,800/yr, no work allowed).
💰Cost of Living
Excluding rent, a single person needs ~$770 USD/mo
a family of four ~$2,700 USD/mo.
Rent (1-bed, city center): Madrid ~$1,350, Barcelona ~$1,400, Valencia ~$950, Málaga ~$1,000.
Groceries run €6-10/day per person.
Overall 30-50% below US major cities
— Valencia or Málaga run €1,500-2,200/mo all-in.
a family of four ~$2,700 USD/mo.
Rent (1-bed, city center): Madrid ~$1,350, Barcelona ~$1,400, Valencia ~$950, Málaga ~$1,000.
Groceries run €6-10/day per person.
Overall 30-50% below US major cities
— Valencia or Málaga run €1,500-2,200/mo all-in.
💡Key Fact
Spain offers a special "Beckham Law" flat tax rate of 24% for digital nomad visa holders for up to 6 years, compared to progressive rates up to 47% for regular residents.
This is a major financial advantage.
This is a major financial advantage.
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