Digital Nomad Visa, in English called Digital Nomad Visa, DN Visa for short, countries around the world scramble for this visa type, the basic logic behind it is that your income comes from elsewhere, the visa has a threshold to ensure that come in the kind of money are rich, come to me here is to spend money to find fun, not to steal employment with the locals, but also to promote the consumption of the locals to generate income to increase tax revenue, this kind of visa is a hundred benefits and no harm to the local government not to issue that is not stupid. The local government does not issue visas that is not stupid. OK, let’s take a quick look at the 53 countries and regions who are? Is there any destination you’ve been looking forward to for a long time?
Currently, Armenia, Cyprus, Colombia, Iceland, Latvia, Montenegro, Hungary, Georgia, Bahamas, Antigua & Barbuda, Barbados, Bermuda, Cayman Islands, Croatia, Czech Republic, Curacao, Costa Rica and Dominica. Rica, Dominica, Dubai, Estonia, Germany, Mexico, Australia, Portugal, Spain, Montserrat, Malaysia, Namibia, Mauritius, Argentina, Ecuador, and Goa in India, Italy, Romania, Thailand, Bali, Indonesia, and the United States. Bali, Italy, Romania, Greece, Thailand, Indonesia, South Africa, Sri Lanka.
Next, pick two of the most interesting DN Visa openings for remote workers on three continents, Asia and Europe, and talk about the appeal of the visa:
1. Malaysia
If you often watch the video of Shun Hao Yang, you should know that I personally have many years of personal experience working and living in Malaysia, and I believe that my friends and viewers in front of the screen are also very interested in this country where you can live in Mandarin Chinese, Cantonese or Minnanese.
The Malaysian DN Visa policy was just launched on October 1 last year, allowing remote workers from outside Malaysia to stay in Malaysia for up to one year and can be extended for another year. The requirements for applying for this visa are also very simple, with a monthly salary of up to the equivalent of US$2,000, or an annual equivalent of US$24,000. Applicants can bring along their spouses and children.
2. Bali, Indonesia
Bali, Indonesia has always been one of the most popular destinations in the world. In a public statement made by the Minister of Tourism after the G20 summit last year, the Indonesian government revealed that Indonesia would consider offering a long-stay visa for up to five years for outstanding remote workers from around the world, which requires a minimum local deposit of US$142,300 for single applicants and US$178,000 for family applicants.
PricewaterhouseCoopers PWC, one of the world’s four largest accounting firms, has predicted that Indonesia is expected to become the world’s fourth-largest economy by 2050, after the US, China and India. Bali, the country’s center of global travel and living, would be hard not to be hot.
3. Portugal
“Portugal” has always been a high-frequency topic. The DN Visa for Portugal, like the one for Estonia, has a validity period and a maximum permitted stay of one year. Also as an EU and Schengen country, in order to obtain a DN Visa for Portugal, you must be employed by a foreign company and come from a country that is not a member of the European Union or European Economic Area (EEA). You must also prove that your monthly salary is four times the current Portuguese minimum wage. The current minimum wage is €705, so you must earn €2,820 per month and no less than €33,840 per year offshore. The Portuguese DN Visa can be viewed as a transitional version of the D7 Visa. If you are comfortable living in Portugal with the DN Visa, you may wish to consider that you can upgrade to the Long Term Residency Visa D7 at that time, and consider permanent residence and naturalization after 5 years of residency.
4. Spain
Watching its neighbor’s Golden Visa, D7 and DN Visa are attracting more and more internationals to move to Spain, Spain has been eyeing up the Spanish version of the DN Visa by officially launching the Startup Act in November 2022 with the goal of attracting quality techies from around the globe.What’s so special about the Spanish Digital Nomad Visa is that it doesn’t require that all of your income must come from outside the EEA, you can have up to 20% of your income come from Spain alone. Applicants need to have a minimum annual salary of the equivalent of 28,000 euros, and of course being well insured and having no bad record in their home country or in Spain is also a must. The visa is valid for one year and can be extended up to a maximum of five years, with the opportunity to apply for permanent residence and citizenship in Spain.
5. Mexico
Unlike the high thresholds and high consumption levels of EU countries, Mexico is known for its cost-effective standard of living and in recent years has become one of the hotspots for digital nomads. The Mexican DN Visa requires that you work remotely for a company outside of Mexico and earn at least $1,620 per month or have a bank balance of $27,000. Another potential benefit of the Mexican DN Visa is that you can apply for a permanent green card or even naturalization if you have lived in Mexico for five consecutive years.
6. Ecuador
Ecuador is a tourist country located on the equator in South America. The country is visa-free for travelers from most countries, including Chinese passports, so the country’s DN Visa is valid for up to two years, and requires applicants to be able to provide a monthly income of up to three times the Ecuadorian “basic salary,” which is a monthly income of at least 1,266 euros offshore. Since Ecuador is located in the center of Latin America, prices are relatively low, and if you know some Spanish, it’s a great place to stay in person. Like Mexico, it is possible to transfer to permanent residence if you keep renewing your visa, and Ecuador only requires three years of legal residency to be eligible to apply for permanent residence in the country.
In conclusion, for remote workers with a certain level of income, the Digital Nomad Visa DN Visa is an effective way for you to expand your horizons and experience the lifestyles of different countries, and it can also be said that the DN Visa is also a scaled-down version of the long-stay visas of various countries, and it is a window for you to feel the ultimate exotic traveler’s life, as well as a shortcut to applying for permanent residence and nationality. If there are any countries you are more interested in and would like to learn more about their Digital Nomad Visa policies, all are welcome to leave a message in the comments section, and if you’ve found a visa program that suits your needs but aren’t sure how to exactly how to apply for it, you may want to contact us for a free evaluation. Our Globalist team consists of senior consultants located in each country who know the local set-up best, and are more than happy to help you out here.
