Digital Nomad or Non-profit Residency? Which is the most beneficial?

The answer depends on the circumstances of each individual, i.e., you may be more interested in or benefit from one type of residency or another depending on your personal circumstances.

If you are in a consular demarcation where it takes a long time to get an appointment or there is even no appointment at all, then you will be more interested in a Digital Nomad Residency.

However, if you are not of working age or are not registered as self-employed, or even do not want to register as self-employed in your country of origin, which is an essential requirement, then you will be more interested in a Non-Profit Residency.

Even so, if you can choose between a Digital Nomad Residency and a Non-Profit Residency, our advice is that you should definitely opt for a Digital Nomad Residency.

Why do we recommend this option? Because, for starters, the resolution is very fast (in less than 20 days by law) and in addition we are granted a 3-year residency, with a two-year renewal, and thereafter a permanent residency.

It also has other advantages, such as family regrouping, which is quite easy to carry out, whenever you want to regroup and obtain residency for your children, including children of legal age, although with certain requirements. In addition, the taxes you pay have benefits, which translate into free schooling for your children, public university for them as well and of course public health care for the whole family.

In addition, setting up a business in Spain has several benefits such as, for example, having justified bank movements and income to be able to buy a house or to take out a mortgage. In short, the Digital Nomad Residency includes many advantages, which is why we recommend this type of residency without any doubt.

Conclusion

Therefore, if you need help or advice for a Digital Nomad Residency or a Non-Profit Residency, please contact us and we will be happy to help you.

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