Spain has recently increased its income requirements for its digital nomad visa, with applicants now needing to earn at least €2,762 per month to be eligible for the visa in 2025. Despite this increase, Spain’s digital nomad visa requirements still remain lower than many other European countries. For example, Iceland has the highest income requirements in Europe, with applicants needing to earn €7,075 per month to qualify for a remote work long-term visa. Estonia comes in second with a requirement of €4,500 per month, while Romania’s digital nomad visa sets an income requirement of €3,950 per month for non-EU citizens.
In contrast, Finland has the lowest income requirements for its digital nomad visa in Europe, with applicants needing to earn just €1,220 per month. Despite its high living costs, Finland’s self-employment visa is open to non-EU entrepreneurs who are self-employed or run an independent business. Montenegro also has low income requirements of around €1,400 per month, allowing digital nomads to live in the country for up to four years with potential tax breaks. Additionally, Albania introduced a ‘Unique Permit’ in 2022 that allows remote workers to stay and work in the country for up to one year, with the opportunity for renewal.
Spain’s digital nomad visa financial requirements are linked to the country’s minimum wage, with applicants needing to demonstrate monthly earnings equal to 200% of the minimum wage. The government has reached an agreement with trade unions to increase the minimum wage by 4.4% in 2025, resulting in a monthly earning threshold of €1,184. This translates to a monthly earning requirement of €2,762 for digital nomad visa applicants. Romania has clarified tax requirements for digital nomads, exempting those staying long-term from income tax, social security, and social health insurance contributions.
Overall, Spain’s digital nomad visa income requirements have increased but remain relatively low compared to other European countries. While countries like Iceland and Estonia have high income requirements for their visas, Finland and Montenegro offer more affordable options for digital nomads. Albania also provides an opportunity for remote workers to stay and work in the country for up to one year with the ‘Unique Permit’. With different income requirements and tax regulations in each country, digital nomads have a variety of options to choose from when considering where to live and work in Europe.
