Portugal Digital Nomad news – Digital Nomads and remote-workers from non-European countries have been flocking to Portugal since the country created its Digital Nomad Visa.
What is the income requirement for a Digital Nomad Visa in Portugal in 2024?
The income requirement for a Digital Nomad Visa in Portugal in 2024 is that remote workers must be able to prove that they have obtained a minimum income that is equivalent to 4 minimum monthly salaries as per the minimum wage in Portugal.
The minimum wage per month in Portugal in 2024 is 820 Euros, but it is paid over 14 months. The minimum wage per month in Portugal in 2024 is therefore 956,66 Euros if it is paid over 12 months.
What are the benefits of Portugal’s Digital Nomad Visa?
While Portugal’s Digital Nomad Visa means that remote workers will have to pay tax in Portugal, it also makes it possible to avoid double taxation for those who choose to live in Portugal, even if they are working for foreign companies.
How many Digital Nomads live in Portugal?
The Portuguese Government has already issued more than 2,600 Digital Nomad Visas to non-European residents since the new law was enacted one year ago. Digital nomads and remote workers from non-European countries have seized the opportunity of living and working remotely from sunny Portugal.
What are the main nationalities of Digital Nomads in Portugal?
According to data from the Portugal’s Ministry of Foreign Affairs, the main nationalities that obtained a Digital Nomad Visa were US citizens, followed by citizens from Brazil and the UK.
Which regions in Portugal are trending for Digital Nomads?
The regions in Portugal that are trending for overnight stays are mainly the North with an increase of +13.5%, followed by Central Portugal with an increase of +12.3% and the Azores with an increase of +9.8% in September 2023.
What is the impact of Digital Nomads on Portugal’s tourist accommodation sector?
During the 3rd quarter of 2023, overnight stays in Portugal from non-residents increased +7.2%, and was the reason for high growth rates in the tourism sector since tourists from the domestic market registered a decrease of 4.4% during the 3rd quarter of 2023.
For the month of September 2023, Portugal’s tourism sector registered a growth of +11.3% to reach 5.9 million overnight stays due to the growth of non-resident markets, that include Digital Nomads and Remote Workers.
Portugal’s growth in tourist overnight stays in September 2023 was mainly due to tourists from Canada, that registered a growth rate of +33.7%, and the US that registered a growth rate of +23.7%.
#portugalnews #newsportugal #digitalnomadnewsportugal #remoteworknewsportugal #digitalnomadvisaportugal2024 #digitalnomadvisaportugalrequirements2024 #digitalnomadvisaportugalcost2024 #whatistheincomerequirementforadigitalnomadvisainportugalin2024 #whatarethebenefitsofportugalsdigitalnomadvisa #howmanydigitalnomadsliveinportugal #whatarethemainnationalitiesofdigitalnomadsinportugal #whichregionsinportugalaretrendingfordigitalnomads #whatistheimpactofdigitalnomadsonportugalstouristaccommodationsector