Here’s what you oughta know before applying for Spain’s Digital Nomad Visa.

In fact, some sources estimate that there will bearound one billiondigital nomads around the world by 2035.

And thousands of those nomads may be headed to Spain.

A young woman working from home with a laptop in Barcelona

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Ready to learn more?

Heres what you oughta know if youre considering applying for Spain’s Digital Nomad Visa.

Each additional applicant must show proof of 25 percent of the Spanish national minimum wage.

Madrid cityscape with Gran Via street at sunset, aerial view, Spain

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Additionally, applicants must show proof of health insurance that is valid in Spain.

Digital Nomad Visa holders will not have access to Spains public healthcare system.

There are, however, companies entirely dedicated todigital nomad health insurance.

Barcelona cityscape on a sunny morning seen from Park Guell, Spain

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But you dont need to just take my word for it.

Plus, having easy access to other European countries for weekend getaways is a major plus.

The cost of living is also an attractive reason to go for this visa.

Kitesurfers in Tarifa’s beach, Spain,

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But you really wont sacrifice any quality of life for these prices.

you could take advantage of this special rate for up to five years.

After submission, the approval process can take several months, so plan accordingly.

If you are abroad, you first need to apply for a visa at the nearestSpanish embassy or consulate.

This visa is valid for one year, and afterward, youre eligible for a two-year renewable residence permit.

And, after 10 years, there is a pathway to Spanish citizenship, Palacios added.

Regarding the processing time, it takes around two months when applying from abroad.

Its usually about half that time when applying from Spain, Palacios added.

Just enter the country with a tourist visa and apply on arrival.

The housing market in Spain varies greatly by city and by season, just like in the U.S.

In major cities likeMadridandBarcelona, its common to find apartment rentals on local listing sites like Idealista or Fotocasa.

According to the site, The high demand also makes the prices go up.

So the best advice we can give you would be to start your housing search as early as May.

It’s also a good idea to learn some Spanish before you move.

There are many digital nomad and expat groups in Spain for support and socializing.