With the rise of distant work set to proceed in 2024, an growing variety of international locations are providing digital nomad visas. When selecting the best vacation spot, it’s important to contemplate components like value of residing, healthcare, web velocity, and, after all, taxes.
In keeping with the Digital Nomad Visa Index from VisaGuide.World, a complete rating system that evaluates international locations based mostly on their suitability for digital nomads, the highest three digital nomad visas to contemplate in 2024 are Spain, Argentina, and Romania.
Right here’s a short overview of those international locations and insights into what makes these locations stand out.
1. Spain – A Mix of Tradition and Connectivity
Spain tops the listing with its Digital Nomad Visa, boasting a rating of 4.50. It’s a horny selection resulting from its pleasant Mediterranean local weather, low crime charges, reasonably priced residing prices, and high-speed web.
The Spanish authorities has clearly taken many components of the digital nomad way of life into consideration when establishing the digital nomad visa course of, providing the choice to use from your house nation or inside Spain as a vacationer. Spain’s legislation on startups additionally makes it simpler to arrange your enterprise in Spain in just some hours on-line.
Key Highlights:
- Software Value and Processing Time: Roughly USD 110 (EUR 80 + EUR 20 for residence allow card), 15–45 days processing time.
- Find out how to Apply?
- Apply by way of the Spanish consulate in your house nation and obtain a 1-year visa, enter Spain based mostly on it, change the 1-year visa to a 3-year residence card.
- Enter Spain as a vacationer, submit paperwork, obtain a residence allow for 3 years
- Size of the Visa: 1 12 months, the visa will be prolonged for 3 years after which 2 extra years earlier than making use of for everlasting residency
- Minimal Month-to-month Earnings Requirement: Roughly USD 2,354 (EUR 2,140).
- Well being Rating: 60.9.
- Tax-Free Interval: 6 months
- Taxes: 15% for the primary 4 years after which 24%.
2. Argentina – A Nation on the Fringe of Change
Argentina, with a digital nomad rating of three.78, is famend for its vibrant historical past, beautiful pure magnificence, wealthy tradition, and scrumptious delicacies. Buenos Aires, particularly, is a hotspot for digital nomads, providing a spread of lodging and high-speed web services.
The Argentine way of life permits for a high-quality residing expertise at an reasonably priced value, with healthcare that’s each commendable and economical for long-term stays. Please be aware that the newly elected president Javier Milei, who took workplace on December 10, 2023, has promised sweeping adjustments within the nation. It stays to be seen what it will imply for digital nomads.
Key Highlights:
- Software Value and Processing Time: Round USD 200. The processing time can fluctuate, so it’s advisable to verify with the closest Argentine consulate or embassy for essentially the most present info.
- Find out how to Apply? Submit paperwork from your house nation together with a legitimate passport, a 4×4 picture, a request signed by the celebration and impartial work actions to be carried out, a short resume stating your expertise within the discipline during which you will do, and the extent of research or coaching achieved, documentation proving the work carried out, and at the least one reference linked to your occupation, and proof of cost of the service price
- Size of the Visa: 180 days, which is then renewable for an extra 180 days
- Minimal Month-to-month Earnings Requirement: Roughly USD 2,750 (EUR 2,500).
- Well being Rating: 54.4.
- Tax-Free Interval: Full visa size.
- Taxes: 0%, please seek the advice of with a neighborhood Argentine accountant for essentially the most up-to-date info
3. Romania – Residence to A number of the Quickest Web within the World
Romania has emerged as a shocking but glorious selection for digital nomads, with an total digital nomad index rating of three.74. Recognized for having among the quickest web speeds globally, it gives a wide range of experiences together with vibrant nightlife, lovely hikes, and even snowboarding.
Cities like Bucharest, Cluj, and Timisoara are technological hubs, which are perfect for work-focused nomads. The low value of residing and 0% tax actually make Romania an interesting vacation spot.
Key Highlights:
- Software Value and Processing Time: Roughly USD 165 (EUR 150), 10–14 days processing time
- Find out how to Apply? You may apply for a Romania digital nomad visa at your nearest Romanian embassy or on-line on the Ministry of Overseas Affairs.
- Size of the Visa: 1 12 months and renewable for 1 further 12 months
- Minimal Month-to-month Earnings Requirement: Roughly USD 3,630 (EUR 3,300).
- Well being Rating: 45.7.
- Tax-Free Interval: Full visa size.
- Taxes: 0%.
Which Visa Will It Be in 2024?
Choosing the proper vacation spot as a digital nomad in 2024 includes weighing varied components in opposition to private preferences and wishes. Whereas Spain, Argentina, and Romania stand out as prime contenders, the selection of your very first (or subsequent) digital nomad visa is in the end as much as you.
