Working your way around the world as a digital nomad has its benefits. You get to visit many different countries while making a living along the way. However, sometimes the income requirement is high in Europe, making it hard to make a living. However, the following European countries can be noted as having the lowest requirements to stay there.

Income requirements as a digital nomad in Europe

– Iceland

Working as a digital nomad in Iceland will find this visa has the highest income requirements in Europe. Moreover, its remote worker long-term visa is aimed at high-income digital nomads earning €7,075 per month.

Remote workers can apply for the visa as employees of a foreign company, or as freelancers. Iceland’s visa lasts for six months and applicants are considered tax residents during that time.

– Estonia

Coming in as the second-highest income requirement, applicants for a digital nomad visa in Estonia must prove a gross monthly income of €4,500. This visa allows people working remotely for overseas companies, or freelancers with clients based mostly abroad, and they can stay for up to one year at a time.

Should a digital nomad stay in the country for more than six months, they will gain tax residency and be subject to local taxes.

– Romania

Romania’s digital nomad visa is aimed at non-EU citizens with an income requirement of €3,950 per month, which is three times Romania’s average gross salary. Meanwhile, in 2023, Romanian President Klaus Johannis signed a new bill revealing tax requirements for remote workers. Those staying for longer periods are exempt from paying income tax, social security, or social health insurance contributions.

– Spain

Spain has recently increased its income requirements for remote workers. However, it is still not one of the highest in Europe. Those who have a digital nomad visa, or planning to get one, in Spain will find that they are subject to higher income requirements in 2025.

The monthly earning threshold is linked to Spain’s minimum wage, which has just been increased by 4.4 percent. This raise brings it to €50 more per month, with a total of €1.184 per month across 14 payments, grossing out at €16,576 per year. Translating this for a digital nomad visa financial requirement it has to be calculated as 12 payments of €1,381.33 per month.

Applicants need to demonstrate that their monthly earnings are equal to 200 percent of the minimum wage, meaning they need to earn at least €2,762 per month to be eligible for Spain’s digital nomad visa, which is up by more than €100 per month from 2024.

However, despite the increase, Spain’s digital nomad visa is still not one of the highest in Europe.

– Montenegro

Monthly earning requirements in Montenegro are also low, at around €1,400 per month and digital nomads can live in the country for up to four years. Moreover, they are eligible for tax breaks, although details have not yet been confirmed.

– Albania

When it comes to Albania, remote workers can apply for a residence permit, allowing them to stay and work in the country for up to one year. Dubbed the “Unique Permit”, this resident permit was introduced in 2022 and can be renewed up to five times in a row.

However, remote workers must provide proof of an employment contract for a company outside the country that allows them to work remotely. Moreover, they must give proof of funds to support themselves of an estimated €9,800 per year.

– Finland

Somewhat surprisingly, Finland’s digital nomad visa has the lowest income requirement in Europe. While the country has high living costs, digital nomad visa applicants can earn a monthly minimum of only €1,220.

Moreover, the country’s self-employment visa is open to non-EU entrepreneurs who are self-employed or run an independent business.