BlogTravel

Move to This Spanish Region and Get Paid €15,000 to Live There

With the rise of remote work, more people are exploring new places while continuing their careers as digital nomads. While many popular European destinations grapple with the effects of gentrification and rising living costs due to this trend, one region in Spain is doing things differently. Extremadura, an overlooked gem in western Spain, is not only welcoming remote workers but is offering them financial incentives to settle down.

In a bid to stimulate its economy and tackle high unemployment, Extremadura has launched a new program offering up to €15,000 for digital nomads who choose to relocate and live in the region for at least two years. If you’re looking for a new base that blends affordability with beauty, this initiative might be perfect for you.

Why Extremadura?

Extremadura may not be as well-known as Spain’s bustling metropolises like Madrid or Barcelona, but it offers some unique advantages for remote workers. One of the most attractive aspects is its cost of living, which is around 30% lower than Madrid’s. This means digital nomads can enjoy a higher quality of life while spending significantly less.

Despite being a rural region, Extremadura is well-connected when it comes to digital infrastructure. With a reliable fiber optic network and strong mobile coverage, remote professionals can count on staying connected while working from this picturesque setting. Plus, the natural beauty of Extremadura is a huge draw. The region boasts stunning landscapes, including natural parks, forests, and even inland beaches, making it an ideal destination for those seeking a slower pace of life and outdoor adventures.

Photo: unsplash.com/@londonweddingphotographer

Who Can Apply?

The program targets highly skilled tech professionals who can work remotely, but it’s not just limited to international applicants. Spaniards living in other parts of the country can also apply, provided they haven’t lived in Extremadura for at least the past six months. The region is aiming to attract about 200 digital nomads with a total budget of €2 million dedicated to the program.

Non-EU nationals looking to take advantage of this offer will need to apply for a nomad visa, which has been gaining popularity across Europe. Spaniards relocating from other regions will need to provide official documentation from Spain’s General Treasury of Social Security to prove their eligibility.

Financial Support Breakdown

The amount of financial support available depends on a few factors. Women, those under 30, and individuals moving to towns with fewer than 5,000 residents are eligible for a €10,000 grant. Other applicants can receive grants up to €8,000. Additionally, after living in the region for two years, those in the first group will receive an extra €5,000, while the second group will receive an additional €4,000.

This initiative focuses on encouraging digital nomads to settle in smaller towns and rural areas, helping to revitalize communities struggling with depopulation.

How and When to Apply

Although applications for the program haven’t opened yet, officials expect the process to start by mid-September, with details being published in the Official Gazette of Extremadura. Applications will need to be submitted online, and the successful candidates will be notified within roughly three months.

For those interested in relocating to a more tranquil, affordable, and scenic part of Spain, Extremadura presents a fantastic opportunity. With a robust digital infrastructure, natural beauty, and significant financial incentives, the region offers an appealing option for remote workers seeking a change of scenery.

As the application period approaches, digital nomads should begin planning their move and consider whether Extremadura’s peaceful lifestyle, economic support, and stunning landscapes could be the next step on their remote working journey.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button