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Spain to clamp down on tax fraud by digital nomads

Spain to clamp down on tax fraud by digital nomads

plus, the most underestimated skill in remote work

Pranam Lipinski
March 04, 2023

Hello there, welcome to Nomad Cloud, your no. 1 Digital Nomad lifestyle hub.

Let's begin with a recap of the latest news hitting the Digital Nomad Industry ⬇️

🔥Hot off the Press 🔥

Bulgaria Sees Former Communist Party Hotel Being Converted to a Digital Nomad Co-Op (skift)
Portugal’s Proposal to Ban New Short-Term Rental Licenses May Hike Prices (skift)
Circles house Acquires €206,810 via Crowdcube to develop luxury houses for digital nomads (crowdfund insider)

Spain to clamp down on tax fraud by digital nomads

Here is what we know about the new tax regulations in Spain

Spain’s Agencia Tributaria announced it wants to intensify its control on residents who artificially reduce their fiscal bill by using the non-resident tax.
Spain considers its resident population to be tax residents if they spend more than 183 days in Spain.
The focus will be on residents in Spain who meet this criterion and who should therefore pay IRPF that applies to all their worldwide income.
Non-resident tax (IRNR) is generally 24 percent, whereas IRPF income tax is progressive based on earnings and can go up to 47 percent.

✈️LIFESTYLE

Brought to you by Anna Maria Kochanska

The most underestimated skill in the remote work era

Cross-Cultural Competence.

There is a lot of talk about skills you need to succeed in remote work scenarios. Yes, it would be best to have good communication skills, time management, organization, digital savviness, self-management, discipline, collaboration, flexibility, problem-solving, etc.

All these come as no surprise at this point

But there is not enough talk about cross-cultural skills

Most people don't have these skills significantly developed as they simply didn't need them so far.

Going somewhere on holiday or having a couple of friends from a different country is not the same as having to work arm-to-arm with someone from a different culture and get shit done. As remote work grows, more and more people will find themselves having colleagues, managers, and clients all around the globe.

And the time zone differences ( the only part most people are aware of) are actually the minor detail here

Have you ever managed a launch of big projects with Indian colleagues? Had clients in South America and all around Europe whom you never met? Your manager was Ukrainian, and a subcontractor was Danish?

Because this will be a common scenario for many people very soon, and if they are not prepared, they will struggle.

I think it is better to prepare yourself beforehand.

You will avoid a lot of problems and frustrations. It will help to minimize conflicts; the work will be more efficient, and people will be more productive.

Yes, the differences and different ways of work will still be there, but you will be equipped to deal with them. And last but not least, these skills will save your business tons of money

Nomad of The Week: Anna Maria Kochanska

Anna Maria Kochanska

Anna Maria became a digital nomad in 2017 and visited 40+ countries.

She aims to promote a location-independent lifestyle and show how remote work can positively impact local populations and countries. She is passionate about connecting nomads with locals and creating win-win synergies.

Professionally she manages digital transformation projects and consults on remote work and digital nomadism.

She is also a Digital Nomad Ambassador, Multilingual Keynote Speaker and Self-taught polyglot (+7).

Additionally, she advises destinations and organizations on a strategy to boost emerging nomad destinations.

She was featured in multiple podcasts and various international media in Spain, Cape Verde, Croatia, Slovenia, Montenegro, and Bosnia and Herzegovina.

The Wellness Zone

Why does breathwork matter?

Breathing is one of the most important activities of the body. The exercise nourishes body tissues with oxygen which is essential for producing energy. Breathing is run by two sets of muscles and nerves controlled by the voluntary and involuntary systems.

A disruption in the involuntary nervous system has been associated with many diseases and health complications. Simple breathwork exercises serve as a gateway into the involuntary nervous system.

The basic principle of efficient breathwork is to make your breath deeper, slower, quieter, and more regular.

Breathing changes the emotional state of an individual. Faster breaths are associated with anxiety, shock, surprise, and discomfort. On the other hand, deeper and slower breaths bring a state of calmness.

Watch the video below and learn more about how breathwork heals you!

📰Good Reads of the Week

How to become a digital nomad with kids.

One factor deters remote workers from choosing a nomadic lifestyle: children. Two families share how they pull it off with young kids in tow.

www.cnbc.com/2023/03/01/how-to-be-a-digital-nomad-with-kids-remote-work-for-families.html

How to apply for the Spanish digital nomad visa

Spain joins neighbouring countries, Portugal, and other European countries in the bid to attract global tech talents with the launch of its digital nomad visa.

www.benjamindada.com/spanish-digital-nomad-visa