Can a Digital nomad visa lead to permanent residency?
A digital nomad visa is exclusively for remote workers, freelancers, and entrepreneurs, facilitating them to live and work temporarily in a foreign country. There are over 50+ Digital nomad visas that are currently available. However, not all of them lead to permanent residency. While some of the Digital Nomad visas only offer a limited residence period, there are other European countries that allow individuals with a Digital Nomad to acquire permanent residency and later citizenship upon eligibility.
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List of Top 5 Digital Nomad Visas that lead to permanent residency
Here is a detailed overview of the top 5 Digital nomad visas that allow permanent residency:
Mexico Digital Nomad Visa
The Mexico Digital nomad visa allows the visa holders to work and reside in the country for an initial period of 1 year. The 12-month residence permit can extend to up to 4 years, after which individuals are eligible to apply for permanent residence in Mexico.
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Portugal Digital Nomad Visa
The Portugal Digital Nomad visa is one of the top nomad visas in Europe. The minimum income requirement is set at €3,040 per month and initially allows you to stay in the country for four months. You may, however, apply for a 2-year residence permit in Portugal if you purchase a property or sign a lease. The Portugal Digital nomad visa can be renewed for an additional three years, and visa holders who complete five years of residency in the country can qualify to apply for permanent residency in Portugal.
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Spain Digital Nomad Visa
The Spain Digital Nomad Visa allows visa holders to remain in the country for an initial period of one year, after which they are eligible for a residence permit that is valid for three years and can be extended. Once the visa holder has lived in the country for at least five years, they can qualify for permanent residency.
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Greece Digital Nomad Visa
The Greece Digital Nomad visa, introduced in 2021, has gained immense popularity worldwide. With an income requirement fee of only €3,500 per month and proof of remote work, it is one of the ideal nomad visas to apply for. The Greece Digital nomad visa is issued for 12 months, after which you can apply for a 2-year residence permit. The visa can be renewed upon expiry, and visa holders who remain in Greece for five years can qualify for permanent residence.
Armenia Digital Nomad Visa
Armenia allows digital nomad visa holders with a registered business in the country to apply for permanent residence. Although they are required to pay corporate tax, it is at a very convenient rate. The country provides a temporary permit that has a validity of 12 months and a permanent residence permit with a validity of five years. Digital nomad visa holders who have successfully resided in the country and have permanent residence status are eligible to apply for citizenship.
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