Work & taxes

Nomad estancia for one year with one renewal. Applicant income from $3,000/month. Official pages conflict on the family threshold ($4,000 or $5,000): confirm with DGME before applying.

Remote-worker estancia, not local employment. One year + one renewal; renewal requires 180 days in the initial year

Foreign-company employees, freelancers, local employees and owner-directors are different legal scenarios. Company registration does not automatically authorize personally working for that company.

Tax residence

The general test includes over 183 days in the tax period; immigration estancia and tax residence are different concepts.

Rates & limitations

Special nomad relief concerns qualifying overseas income. Do not automatically apply it to local work, every crypto receipt or dependants.

• Passport and immigration-status evidence; local identification number if required.
• Address evidence: lease, registration or utility bill as specified by the chosen bank.
• Tax IDs and tax-residence countries; CRS/FATCA self-certification when requested.
• Regular income evidence: employment contract and recent payslips, or freelance agreements, invoices and statements.
• Origin of savings: statement trail, property sale or inheritance records. For crypto, keep purchase, trade and withdrawal history—not just a wallet balance.

Nomad relief applies to qualifying overseas income, not automatically every investment or all family earnings. This is a preparation pack, not an account-opening guarantee.

Before buying a business, separately verify debt, licenses, staff, lease, accounts and your residence basis. A purchase agreement does not replace immigration approval. When networking, check the legal entity and counterpart's track record before transferring funds.