Digital nomad visa Spain: proof of funds guide

As the trend of remote work continues to rise, many professionals are seeking opportunities that allow them to explore the world without compromising their careers. If the idea of soaking up the vibrant culture of Spain while you work sounds appealing, then the digital nomad visa might be the perfect fit for you.
Among the necessary documents for the application, bank statements play a crucial role in demonstrating proof of funds. Understanding how these fit into the digital nomad visa process can make your journey much smoother.
👉 Make your move to Spain the smart way! Don’t let paperwork delays or small mistakes derail your plans. BOOK TODAY a 100% Free Consultation and get expert guidance: fast, easy, and hassle-free!
1. Understanding the Digital Nomad Visa in Spain
The digital nomad visa in Spain is designed to welcome remote workers who wish to live in the country for an extended period while maintaining their job overseas. This innovative visa is part of Spain's effort to attract international talent and boost its economy through the presence of skilled professionals who contribute to local communities, increasing cultural exchange.
Digital Nomad Visa Spain Requirements:
Before you pack your bags and head for the Iberian Peninsula, it's important to be aware of the digital nomad visa Spain requirements. These will not only include proof of employment or business, health insurance, and proof of relationship (if applicable for family members), but crucially, financial documentation such as bank statements which we'll dive into.
👉 What to do and how to benefit after receiving your DNV approval? LEARN MORE HERE in our 2025 Residency Checklist
2. The Importance of Bank Statements
For prospective digital nomads, providing your financial records is where the rubber meets the road. To obtain a successfully approved digital nomad visa Spain bank statements are a core element of the digital nomad visa Spain documents as they serve as your proof of financial means. Essentially, the Spanish government wants to see that you can support yourself and any dependents during your stay without becoming a financial burden on the state.
What Your Bank Statements Need to Show:
✔️ Consistency: Your bank statements should show a steady income. Sudden spikes in income or random large deposits might require additional explanations.
✔️ Sufficient Funds: Ensure your account consistently reflects a balance that meets or exceeds the minimum requirements set by the visa regulations. This means having an income that is at least 200% of the Spanish monthly minimum wage for the main applicant + 75% for the first dependant + 25% for each additional dependent.
⚠️ Exact figures can be subject to change according to the monthly minimum wage, so always check the latest updates from official sources.
✔️ Source of Funds: Clearly demonstrate that the income is sufficient and legitimate. Income from freelance work, digital platforms, or remote employment is the norm for digital nomads.
Understanding these requirements will not only help you prepare a seamless application but also strengthen your case as a viable candidate for the digital nomad visa in Spain.
3. Preparing Your Bank Statements for the Digital Nomad Visa Spain Application
Crafting your application meticulously is vital, and bank statements are a key component. Here's how you can ensure they tick every box for the digital nomad visa Spain application:
✔️ Collect Recent Statements: Gather the last three months of bank statements. Spanish authorities need to see your recent financial activity to assess your eligibility.
✔️ Highlight Relevant Information: Use a highlighter or notation to mark important details such as incoming salaries and overall balance. This helps the authorities identify key financial data quickly.
✔️ Explain Irregularities: If there are any large or unusual transactions, be prepared to provide documentation or a valid explanation. Transparency is crucial in avoiding delays.
✔️ Ensure Documentation is Complete: All statements should be official, with bank headers, account details (censored appropriately for privacy), and transaction histories. Incomplete documents can lead to elongated processing times.
4. Other Essential Documents for Your Application
While bank statements establish your financial footing, there are several other documents you need to include in your digital nomad visa Spain application:
✔️ Proof of Employment: Present a copy of your work contract and letter from your employer verifying that you can work remotely.
✔️Employer/client incorporation certificate: Present a registration or good standing certificate, no older than 6 months, showing that the company was incorporated at least 1 year ago.
✔️University Degree: Provide a legalized and translated university degree or, as an alternative, documents proving 3 years of work experience such as reference letters, registration certificates from your previous employers, old work contracts, official employment history, or tax returns.
✔️ Health Insurance: You must provide proof of adequate health insurance coverage that spans your intended stay in Spain.
✔️ Passport: Ensure your passport is valid for the duration of your stay or, at least, for 1 year.
5. Submitting Your Application
Once you have gathered all your digital nomad visa Spain documents, it's time to submit your application. Here’s how:
Decide the right application process for you: You can apply at the Spanish consulate in your home country or within Spain under a tourist visa/Schengen day. The main difference between these two processes is that the consulate will grant a 1-year visa, while you’d be able to obtain a 3-year visa if applying within Spain.
Check with your experienced immigration advisor which process suits you better to avoid later inconveniences! BOOK TODAY a 100% Free Consultation
Follow Up: Be aware of the notifications sent by the authorities, they might required additional documents or information. Failing to comply within the deadline can lead to rejections.
👉 Learn How to Apply in 5 Simple Steps!
👉 Learn how to bring your family to Spain under the Digital Nomad Visa 2025 - eligibility, documents, and income requirements: Click HERE!
Applying for a DNV Spain can feel overwhelming, but MoveWise is here to simplify the process. Our mission is to make your application journey smooth and stress-free with a range of expert services:
The Digital Nomad visa for Spain offers a fantastic opportunity to live abroad while working remothely, granting you the freedom to explore and enjoy the country’s vibrant culture and relaxed lifestyle.
Ready to embark on your next adventure?
While the requirements for obtaining a Digital Nomad visa for Spain are straightforward, preparing the necessary documents and navigating the
application process can be challenging. Mistakes or incomplete paperwork could put your application at risk. If you have any doubts or questions about the Digital Nomad Visa process, BOOK TODAY a 100% Free Consultation.
We’re here to help you every step of the way.
Hasta pronto!