How does Spain's digital nomad visa income requirement compare to others globally?
How attainable is Spain's digital nomad visa when compared to the income requirement for similar visas available around the world? Here is a breakdown to help you decide.
The rise in the number of remote workers worldwide has caused many countries to launch digital nomad visas to meet demand, so that people can legally work online from different locations for a specific amount of time.
Spain launched its own digital nomad visa in January 2023, and since then has been attracting more and more foreigners who want to come and live and work here.
The Spanish government recently announced an increase in the income requirement for the digital nomad visa in 2025 – up to €2,762 per month, but how does this compare to the amount needed for other nomad visas worldwide?
Iceland
Iceland has one of the most expensive digital nomad visas on the entire planet. To be eligible, applicants must demonstrate a stable monthly income of ISK 1,000,000. This is currently equivalent to €6,821 per month.
Japan
Japan only launched its nomad visa in March 2024, but it's already proving popular. You need to show that you make at least 10 million Japanese Yen or €64,000 per year. This is equivalent to €5,333 per month.
UAE
The United Arab Emirates also offers a nomad visa. For this you need a minimum monthly income of $3,500 for employees or $5,000 for business owners. This is equivalent to approximately €3,392 per month for employees and €3,340 and €4,848 for business owners.
Barbados
For Barbados' Digital Nomad 'Welcome Stamp' there is a minimum income threshold of $50,000 per year for visa applicants or $4,166.66 per month. This equals around €4,040 per month.
Antigua and Barbuda
Another Caribbean nation, Antigua and Barbuda also requires the same at $50,000 USD per year. This is equivalent to €48,480 per year or around €4,040 per month.
Greece
If you want to move to Greece and work remotely you'll have to earn €3,500 per month after tax deductions.
Cyprus
For Cyprus you also need to prove you have €3,500 after the deduction of taxes.
Malta
The minimum income for a Malta Digital Nomad Visa is €3,500 per month before taxes.
Estonia
Estonia's income requirement is the same as Malta's - €3,500 per month.
Portugal
For Portugal's Remote Work Visa, you must prove that your monthly income exceeds the threshold of €3,480.
Costa Rica
Applicants who want to work remotely from Costa Rica must show proof of a stable net income of at least $3,000 per month or €2,909 per month.
Hungary
For Hungary you need a monthly income of at least €3,000 for the last six months.
Spain
You now need to earn €2,762 per month to be eligible for Spain's Digital Nomad Visa in 2025.
Croatia
Proof of remote income of at least €2,539 per month is needed.
Mexico
If you want to work from Mexico, you'll need to prove at least $2,595 USD or €2,517.
Italy
Italy's minimum income requirement is €28,000 for the year or €2,333.33 per month.
Brazil
To live and work remotely in Brazil you provide three months of bank statements proving a monthly income of at least $1,500 or a bank balance of $18,000. This equals €1,455 per month or €17,455 in your bank account.
Cape Verde
To work from the African nation of Cape Verde, you'll need to prove a monthly bank balance of €1,454.34 or $1500 USD.
Mauritius
For Mauritius you'll also need a monthly income of €1,454.34 or $1500 USD.
Finland
To be eligible for Finland's self-employment visa, applicants must earn at least €1,220 per month. This is by far the cheapest digital nomad visa in Europe.
Thailand
No income requirement, but you need to show THB 500,000 or €13,500 for the last three months to support yourself.
Colombia
To work from Colombia you'll need a minimum income of $900 USD per month. This equals around €873 per month.
Conclusion - is Spain's digital nomad visa more or less attainable financially speaking?
Spain falls almost exactly in the middle of the amount of income needed for digital nomad visas around the world. This makes it neither very expensive or very cheap. In fact there are at least seven different European countries which have income requirements more than Spain, even if some of them have a lower cost of living.
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