Spanish residency plan

These are my notes on our plan to secure Spanish residency status.

Income requirements

The following quote is what I am using to inform our goals.

Earn 2,762€/month Gross – You must meet the income requirement, which is double the national minimum wage in Spain

  • For couples, this amount increases to 3,797€ per month
Nomad Embassy. Spain Digital Nomad Visa: How to Apply [5 Steps]

Euros to U.S. dollars

The following table display the equivalent conversion total using XE.com (new tab).

CurrencySingleCouple
Euros2,7623,207
U.S. Dollars3,7974,409

Based on our combined income for 2025, we qualify with 4,800 a month.

Mark’s hourly target goal

There is no specific information as to how much the ‘couple’ or second person must make. If we are basing off the difference between a single and couple, we can use 1035 Euros or 1,202 USD as a rough estimate.

  • 15000 per year
  • 750 hours per year
  • 15 hours per week

5-year plan

Spain Permanent Residency Eligibility Requirements

To obtain permanent residency in Spain, you must meet additional requirements outside of the digital nomad visa. 

  • Reside in Spain for 5 Years – You must have legally lived in Spain for the past five years
  • Have an NIE Number – You must have a registered NIE number, which is your foreign tax ID number
  • Have Not Left Spain for More than 10 Months – You must have met the minimum stay requirement having not left Spain for more than 10 months in the five-year period
  • Health Insurance – You must either have public or private health insurance coverage in Spain

Resources

Digital nomad insurance

Index