Digital Nomad for Entrepreneurs
By: Antonio Villena
❇️ Discover in today’s video important information about: 🌍 DIGITAL NOMAD FOR ENTREPRENEURS
➡️ One of the most surprising aspects is that your company does not need to generate high profits. In fact, even if your company is in deficit, it will not affect your ability to obtain residency as a digital nomad.
How does this work? Even if you are the majority partner or sole owner of the company, the company is a legal entity independent from you. As a manager, you rely on the company, receiving a salary or profit advances, depending on the case.
➡️ In other words, as long as you bill professional services to your own company, your individual economic situation is what truly matters. It does not matter if the company has losses or profits, since you will be evaluated based on your personal income.
🚀 What does matter is the type of billing, meaning that the billing should be enough to generate your own financial resources, keeping in mind that depending on the type of activity, this billing may need to be higher or lower.
🌐 Interested in learning more? Don’t miss today’s explanatory video! Follow us on social media, subscribe to our channel, and sign up for our newsletter on our website to stay informed about all matters related to immigration.