Spain's digital nomad visa is open to non-EU nationals who work remotely for non-Spanish companies. Applicants are permitted to get a maximum of 20 percent of their income from Spanish firms.

Both self-employed freelancers with multiple clients and remote workers employed by a single company outside of Spain are eligible for the visa.

Applicants need to be from outside of the European Economic Area. They must not be living illegally in Spain at the time of their application and cannot have lived in the country within the five years prior to applying.

They need to prove they have worked with their clients or company for more than three months before applying, and the company they work for must have been operational for at least one year. They need to be able to demonstrate that they have a contract of employment or, if freelancing, have been regularly employed by a company outside of Spain - and that their job can be done remotely.

They must also prove that they are qualified or experienced in their field. At least three years' work experience is required in lieu of qualifications such as a university degree or professional certificate.

What are the requirements for Spain's digital nomad visa?

Aside from fulfilling the professional requirements outlined above, anyone wanting to take advantage of the digital nomad scheme will have to prove that they earn enough money to be self-sufficient.

The income threshold is set at 200 percent of the country's monthly minimum wage and can be proven using bank statements, contracts, and invoices. Currently, this amounts to €2,334 per month or €28,000 per year, but it is likely to rise slightly as the country is reevaluating its minimum wage.

Health insurance is also required. There may be an option to pay into public health insurance, though it is not yet clear how this will work.

Applicants must have no criminal record in Spain or in in the country where they have resided for the five years prior to the application. Proof of a two-year clear criminal record is required along with a sworn statement that you don't have a criminal record within the last five years.

Digital nomad visas in Spain are originally valid for 12 months or for the duration of the employment period if it is shorter than 12 months. They can be renewed for up to five years.

To maintain the visa, you are allowed to be absent from the country for a maximum of six months per year.

Remote workers can also apply for a residency card, which grants the ability to travel throughout the EU while living in Spain.

Close relatives, like children and spouses, are able to join the visa holder in the country with proof of sufficient funds. Family units of two people, including the visa holder, must have an additional 75 percent of the country's monthly minimum wage (€875/month); 25 percent (€292) is added for each family member after that.

You can apply for Spain's digital nomad visa directly through a consulate or embassy in your home country. Alternatively, you can enter Spain on a tourist visa and apply within the first three months.

Required documentation includes the application form, proof of payment for the administrative fee, a copy of your passport, proof of qualifications or work experience, proof of employment and income, proof the company has existed for more than a year, a letter of authorization from your company to work in Spain, proof of a clear criminal record and proof of health insurance.

Anyone who stays in Spain longer than 183 days is considered a tax resident, even if they are working for a foreign company.

However, tax benefits are available for digital nomads working and living in the country under the visa scheme.

Remote workers can pay a reduced tax rate of 15 percent during the first four years of their stay, provided they earn below €600,000 a year. This is instead of the usual 24 percent rate.