Brits could work remotely from a beautiful Spanish beach and pay just 15% income tax from next year under a newly passed law.
The Spanish government has announced a new Digital Nomad Visa which is designed to tempt talented people from outside the European Union into the country's workforce.
The visa is part of the Start-Up law, which was passed by the Spanish parliament last Thursday.
To qualify you have to be making less than €600,000 (£522,000) a year and apply for a new one-year visa every 12 months.
Typically, non-residents must pay a personal income tax of 24%, while those under the new visa will pay just 15% for five years.
As the country is using the scheme to bring cash into Spain, there is also a minimum wage requirement which is expected to be between €2,100 and €3,000 per month.
An added bonus for Brits who sign up to the scheme is the extra travel rights it affords you.
Those who acquire the Spanish Nomad Visa are permitted visa-free travel across the European Union's Schengen Area, which consists of 26 EU member states – for as long as their permit is valid.
Now that the UK has left the EU, those with only a British passport can only stay in member states for a certain period of time before having to return home or move on.
The visa also allows loved ones to come along as well as close relatives, such as a spouse or children.
Expected to come into force in January, digital nomads must receive 80% of their income from company's outside of Spain to apply for the scheme.
Patricia Casaburi, managing director at Global Citizen Solutions, said: “Many European countries have already launched their Digital Nomad Visa programs to attract international talent into their economies.
"Countries including Georgia, Norway, Malta, Portugal, and Greece have announced their own Digital Nomad Visa programs.
"With significant global interest continuously on the rise and the proven success of these programs, other nations have been urged to create their own.
"Spain has long been a destination of choice to non-EU remote workers, and we are looking forward to seeing the unfolding of the Digital Nomad Visa program there.”
Of course for those who aren't able to commit to a big upheaval, Spain holidays remain an easy option for Brits wanting some sunshine.
For a start there are heaps of destinations with flights that take less than two hours, not to mention it's consistently home to plenty of great value destinations for UK families.
What do you think of digital nomad schemes? Let us know in the comments below.
