The new Nomad Visa which Spain wants to introduce could result in a surge in the number of foreign families, including Britons, moving to Mallorca. The Spanish government wants to attract non EU workers to Spain who can work remotely and are even offering tax breaks and easier paperwork.
New Nomad visa could result in surge of foreign families moving to the island
Experts say it could be a real game changer
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Marvin Le MartianHuh? Mallorca has one of the best internet coverage and speeds in Europe. Every little village has at least 100mb fibre. In my village, the baseline cheap rate is 600mb. I can instantly upgrade to (more expensive) gigabit in my account portal with the click of a button, but I don't need that speed. 4G coverage is widespread and ubiquitous, 5G on its way. You won't find that in most of the rest of Europe. And certainly not in England (or Germany). If you're not getting that level of service, consider switching providers. There's many to choose from.
Mallorca had better sort out it’s internet coverage and installation of fibre optic around the island. But it is very patchy. Without it it would be impossible to work remotely as there’s just not enough capacity for secure and glitch free video calls etc.
What is the advantage of this? Getting a bit of extra tax revenue? Though I expect they would pay it in their own countries. It will push up rents and add more traffic to the roads. The government should be giving tax breaks to existing self employed residents not giving preferential treatment to non residents.