Key takeaways

Spain's Digital Nomad Visa now requires a minimum monthly income of €2,763.

Spain rejected an EU agreement aimed at toughening migration rules and outsourcing deportations.

Foreign residents in Spain exceeded 7.4 million, with student visas increasing by 8.6%.

Upcoming ETIAS rules may restrict visa-free Schengen access for Citizenship by Investment (CBI) passport holders.

American Golden Visa investors in Portugal are lobbying the Constitutional Court over Nationality Law delays.

Spain Increases Digital Nomad Visa Income Threshold

Spain has officially raised the minimum income requirement for its Digital Nomad Visa. Applicants must now demonstrate a monthly income of at least €2,763 to qualify for the program.

This adjustment reflects rising inflation and requires prospective digital nomads to carefully review and recalculate their employment contracts to ensure they meet the new financial criteria.

Spain Rejects Stricter EU Migration Policies

In a move that maintains its relatively welcoming stance toward migrants, Spain has rejected a proposed European Union agreement. The EU deal aimed to toughen migration rules and outsource deportations.

By refusing these strict measures, Madrid continues to offer a stable climate for foreign residents. The country's foreign resident population has now surpassed 7.4 million, with student visas seeing an 8.6% increase as a viable alternative immigration route.

ETIAS May Restrict CBI Passport Holders

The upcoming launch of the European Travel Information and Authorisation System (ETIAS) could introduce new hurdles for individuals holding Citizenship by Investment (CBI) passports, such as those from Caribbean nations.

ETIAS may limit visa-free Schengen access for these passport holders. Consequently, securing a direct European residency permit is becoming increasingly valuable compared to relying solely on a CBI passport for travel.

Portugal Golden Visa Investors Take Legal Action

In neighboring Portugal, American Golden Visa holders are taking legal steps to address severe processing delays. Investors are currently lobbying the Constitutional Court regarding the Nationality Law.

This legal pressure aims to prompt action from the Agency for Integration, Migration and Asylum (AIMA) and potentially accelerate the issuance of passports for delayed applicants.

Anticipated Changes for Spanish Expats by 2026

Spain has announced that major changes are on the horizon for expats, tourists, and residents by 2026. While specific details remain limited, preparations are underway for new registries and a potential review of existing tax benefits.

Prospective applicants and current residents should stay informed and ensure their financial documentation is up to date as these new regulations take shape over the coming years.

Spain Raises Nomad Visa Income to €2,763 & Rejects EU Migration Rules