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🤖✍️ Expatriator Q&A Series: Financial Requirements for Spanish Visas👋 Welcome back to the Expatriator Q&A Series, demyst...
05/07/2023

🤖✍️ Expatriator Q&A Series: Financial Requirements for Spanish Visas

👋 Welcome back to the Expatriator Q&A Series, demystifying Spanish immigration law! Today's question, in Slovak:

"Dakujem pekne za info. Co je IPREM?"
(Thank you very much for the info. What is IPREM?)

🔎 Great question, and one that's key to understanding Spanish visa requirements! Let's dive in:

🌐 IPREM stands for Public Multiple Effects Income Indicator, a benchmark used in Spain to calculate various social and legal benefits.

🔗 A great resource for both IPREM and the Spanish minimum interprofessional salary (SMI) is the SEPE website: https://www.sepe.es/HomeSepe/en/Personas/distributiva-prestaciones/Cuantias-anuales.html

💰 Various visas have different financial requirements, calculated either based on the IPREM or the SMI. Here's a breakdown:

💼 Startup Visa: The main applicant needs to demonstrate income of 100% of the IPREM. For each additional family member, the requirements are 50% of the IPREM.

🏢 Investor Visa: Applicants must make a significant capital investment in Spain.

👩‍💼 Highly Qualified Professionals Visa: Applicants must have a job offer in Spain that meets certain salary thresholds.

🎓 Student Visa: Applicants must demonstrate they have sufficient funds to support themselves during their studies.

💼 Non-Lucrative Visa: The main applicant needs to demonstrate income of 400% of the IPREM. For each additional family member, the requirements are 100% of the IPREM.

💻 Digital Nomad Visa: The main applicant needs to demonstrate income of 200% of the SMI. For each additional family member, the requirements are 75% of the SMI for the first person and 25% of the SMI for each additional person.

For the detailed calculations for each visa, check out the comments section.

Stay tuned for more answers in our Expatriator Q&A series! 🚀

03/07/2023

🤖✍️ Expatriator Q&A Series: Social Security Application for the Digital Nomad Visa

👋 Welcome to the Expatriator Q&A Series, where we demystify Spanish immigration law! Today's question:

"How can I apply for social security for the Digital Nomad Visa?"

🔎 A complex issue, but here's the breakdown:

💡 Usually, you can't register with the Spanish Social Security system until after you've arrived in Spain. However, for the DNV, you need to provide a Certificate of Social Security coverage from your home country or a commitment to register with the Spanish system upon arrival.

For employees, your employer should provide a letter stating their commitment to register you with the Spanish Social Security system once your DNV is approved. If you're self-employed, provide a written statement of your intent to register as an autónomo upon arrival.

💡 Spanish authorities understand that certain requirements can't be fulfilled until after you've arrived in Spain. A commitment to fulfill these requirements is typically accepted for the DNV application. However, it's always a good idea to consult with a gestor or immigration attorney. You can hire one here: https://bit.ly/DNV-gestor.

📄 Here's a template for a letter of commitment (in English and Spanish):

See comments section for the letter template.

Stay tuned for more answers in our Expatriator Q&A series! 🚀

03/07/2023

Thanks SpainExpat! I would love to think we are saving people money while simultaneously reducing the stress of moving to Spain.

"However one of the big things about the announcement of the DNV was that applicants could possibly benefit from the Bec...
21/06/2023

"However one of the big things about the announcement of the DNV was that applicants could possibly benefit from the Beckham law and get a flat tax rate of 24% on their earnings, much less tax therefore for people earning around 60k a year and more. It seems that it is almost impossible to qualify for the Beckham Law as a self employed person or freelancer. There are exceptions as described below from Louise Carr’s Moving to Spain guide.
Can you qualify? Yes.
Will you qualify? Most probably not.
Does it matter? Not really until you get well above the 60k point when the divergence of tax rates might well mean you are paying considerably more in tax. I would say though that if you are earning more than 60k in Spain you will more likely than not have an amazing lifestyle upgrade."

There Is Definitely Something Wrong in Visa Land 22nd May 202321st May 2023 Graham Of all of the types of visa for coming to live in Spain (Which we wrote about in this previous post) there are three that stand out because they either excite people or, simply put, they get the job done. They are the...

🤔💡Thinking about Spain's new Digital Nomad Visa? You're not alone - there are about 110,000 others just like you! 🌍🇪🇸 Bu...
17/06/2023

🤔💡Thinking about Spain's new Digital Nomad Visa? You're not alone - there are about 110,000 others just like you! 🌍🇪🇸 But, let's be honest, it's not as straightforward as it might seem, and there are quite a few gotchas along the way. 😕

Fortunately, there's a place where you can ask all of your questions - discreetly, in any language, and at any time of day. 🕐🌙 Our friendly AI, Expatriator DNV, is ready and waiting to help you navigate the process.

Head over to https://www.facebook.com/profile.php?id=100093944192311 🚀 Your journey to Spain starts here! 🙌✨

Meet the Expatriator DNV - your free, AI-powered guide to Spain's Digital Nomad/ Teleworkers Visa

Have you been trying to improve your Spanish? Are you willing to use ChatGPT to help you? If so, here is the ULTIMATE pr...
29/05/2023

Have you been trying to improve your Spanish? Are you willing to use ChatGPT to help you? If so, here is the ULTIMATE prompt to get started!

# # #
"ChatGPT, you are an advanced language tutor specializing in Spanish for expats living in Spain. Your primary function is to facilitate fluent Spanish language acquisition and ensure cultural immersion for users. To achieve this, you will guide the expat through different stages of learning such as vocabulary building, comprehension, sentence construction, colloquial usage, accent development, as well as imparting essential cultural nuances.

You also have the ability to provide personalized, interactive lessons, focusing on practical scenarios like ordering food at a restaurant, getting directions, business meetings, etc., which will likely occur in their daily life in Spain. Apart from language teaching, you are programmed to give insights into the Spanish way of life, regional variations in language and customs, festival celebrations, and etiquette to help the expat adapt more quickly to their new environment.

Given this, you will use your capabilities to identify the user's strengths, weaknesses, and preferences in language learning and adapt your teaching approach accordingly. Additionally, your machine learning algorithms will ensure constant progress tracking, providing regular feedback and personalized tips for improvement. Remember, the goal is not just language acquisition, but also making the expat feel comfortable and at home in their new Spanish environment."

This is why you need to hire an expert and stop listening to random people on Facebook groups.
22/05/2023

This is why you need to hire an expert and stop listening to random people on Facebook groups.

Question: What is the total amount of taxes a digital nomad has to pay in Spain?Do you have to pay social contributions and VAT? Answers These are the answers of some Facebook group members: ”I am sure I answered this question. If you are employed you will pay a 24% flat rate and if you are […]

11/04/2023

Thinking of staying in Spain and don’t need work authorization? There is a one year visa for volunteers!

https://www.inclusion.gob.es/web/migraciones/w/autorizacion-para-participacion-programa-voluntario

According to the information on the website of the Spanish Ministry of Inclusion, Social Security, and Migration, it is possible to obtain a residence permit for volunteering in Spain. This type of residence permit is known as "Autorización para participación en programa de voluntariado" (Authorization for participation in a volunteer program).

To obtain this residence permit, the applicant must have a host entity or organization that is recognized by the Spanish authorities and is willing to take them in as a volunteer. The applicant must also meet certain requirements, such as having health insurance coverage and not having a criminal record.

It is important to note that this type of residence permit is not a work permit, so the volunteer cannot receive any remuneration or salary for their activities. The permit is valid for a maximum of one year and can be renewed as long as the volunteer continues to meet the requirements.

Have you ever felt the yearning to leave the familiar behind and start a new chapter in your life? If so, you're not alo...
07/04/2023

Have you ever felt the yearning to leave the familiar behind and start a new chapter in your life? If so, you're not alone. Countless individuals have taken the plunge and embarked on the transformative journey of moving to a new country. While the prospect of such a significant change can be daunting, it's important to remember that with great challenges come great rewards. So, let go of your fears, and embrace the life-changing power of relocating to a new country.

A Chance to Redefine Yourself
Breaking free from the constraints of your current environment allows you to explore new facets of your personality, and unearth hidden strengths and talents. As you navigate the unfamiliar terrain of a new country, you'll be exposed to new experiences and perspectives that can foster personal growth. In the process, you'll gain a deeper understanding of who you are, and acquire the tools to become the best version of yourself.

The Power of Resilience
Moving to a new country will undoubtedly come with its fair share of challenges – from logistical hurdles and language barriers to adapting to a new culture. But these obstacles offer an unparalleled opportunity to develop resilience. As you face and overcome each difficulty, you'll become increasingly capable of handling life's curveballs. Remember, it's often in the midst of adversity that we discover the true extent of our capabilities.

Building a Global Network
Relocating to a new country provides the opportunity to create meaningful connections with people from diverse backgrounds. Expanding your social circle in this way not only enriches your life with new friendships, but also fosters a global mindset. This outlook can be invaluable in today's interconnected world, where cross-cultural communication is increasingly important. Moreover, the relationships you build may even open doors to exciting career opportunities down the line.

Appreciation for the Familiar
As you immerse yourself in a new environment, you may find yourself developing a newfound appreciation for your home country. The challenges and triumphs of living abroad can give you a fresh perspective on what you may have taken for granted. This gratitude can enhance your overall well-being, and serve as a powerful reminder of the importance of cherishing the things that truly matter.

The Reward of a Life Well-Lived
Though the process of moving to a new country is undoubtedly expensive, time-consuming, and labor-intensive, the benefits far outweigh the costs. The personal growth, resilience, global connections, and newfound appreciation for your roots will all contribute to a life that is more fulfilling and rewarding. By choosing to embark on this journey, you'll not only enrich your own life, but also inspire others to push beyond their limits and seize opportunities for growth.

In conclusion, moving to a new country is an extraordinary opportunity for growth and self-discovery. So, take a deep breath, and let the power of change propel you forward. You'll emerge on the other side a stronger, more resilient, and more empowered individual – ready to conquer whatever life throws your way.

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