Are you considering a digital nomad visa for your next adventure? With more countries offering flexible visa options for remote workers, Malta and Spain stand out as two attractive destinations. Both offer unique benefits, but choosing the right one depends on your lifestyle, budget, and work preferences.
Albert Ioffe, Legal and Compliance Officer at Immigrant Invest, compares Spain and Malta digital nomad visa requirements, helping you decide which one best suits your needs.
You can also consider that Malta is a very good destination for company formation since it offers low taxation and smooth procedures.
A digital nomad visa allows remote workers to live and work in a foreign country for an extended period, often ranging from one to a few years. These visas cater to freelancers, entrepreneurs, and employees who can work from anywhere, providing an opportunity to experience a new country while continuing to earn a living.
Many European countries, including Malta and Spain, have introduced their own digital nomad visa programs. These visas generally offer tax incentives, lower living costs, and the chance to explore new cultures.
However, each program has different requirements, benefits, and drawbacks, which we will explore in detail for both Malta and Spain.
Spain Nomad Residence Permit launched in late 2022, making it a top contender for remote workers in Europe. This visa allows you to live in Spain while working remotely for foreign companies. Below are the key requirements and application process for Spain’s Digital Nomad Visa.
Requirements of Spanish nomad residence:
Application process:
Spain’s Digital Nomad Visa offers a solid program for remote workers, with its relatively straightforward application process and attractive location in Europe. However, the income requirement may be a hurdle for some, particularly those just starting out in remote work.
Malta, a small island nation in the Mediterranean, has also introduced a Digital Nomad Visa for remote workers. Known for its sunny weather, English-speaking population, and strategic location, Malta is an appealing destination for digital nomads.
Requirements Malta nomad residence:
Application Process:
The Malta Digital Nomad Visa has a simpler application process compared to Spain and is known for its fast approval times. However, the monthly income requirement is slightly higher than Spain’s, which could be a consideration for those with tighter budgets.
Both Malta and Spain offer appealing digital nomad visa programs, but there are several key differences between the two that might influence your decision.
Income requirements. Spain requires a minimum monthly income of €2,650, while Malta’s threshold is slightly higher at €3,500. If you’re just starting out or don’t have a high income, Spain might be the more accessible option.
Cost of living: Generally, Malta has a lower cost of living than Spain, especially in terms of rent and daily expenses. If budget is a primary consideration, Malta could be the more affordable choice.
Visa duration and renewals. Spain offers a three-year visa with the possibility to renew for two additional years. Malta offers a 12-month visa that can be renewed three more times.
Language. While both Malta and Spain have English-speaking communities, Spanish is the main language in Spain, which might pose a challenge for non-Spanish speakers. In Malta, English is one of the official languages, making it easier for English-speaking digital nomads to settle in.
Climate and lifestyle. Spain offers a more diverse climate with both coastal and inland areas to explore, from the beaches of Costa Brava to the vibrant cities like Barcelona and Madrid. Malta, on the other hand, offers a sunny Mediterranean lifestyle with a small but thriving expat community.
Choosing between Malta and Spain for your digital nomad visa depends on your personal preferences and work situation. Spain offers a more extensive network of cities and a variety of cultural experiences, making it ideal for those looking for a diverse lifestyle. Maltese nomad residence, with its English-speaking environment and more affordable living costs, is a solid choice for those seeking a quieter, Mediterranean lifestyle.
Both countries provide strong benefits for digital nomads, and it ultimately comes down to factors such as income requirements, cost of living, and your preferred lifestyle.
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