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New Digital Nomad Visas Overview | HackerNoon

<!DOCTYPE html><html lang="en"><head><meta charSet="utf-8"/><meta name="viewport" content="width=device-width"/><title>New Digital Nomad Visas Overview | HackerNoon</title><meta name="description" content="Italy, Turkey, and South Africa have launched their digital nomad visa programs."/><meta property="og:title" content="New Digital Nomad Visas Overview | HackerNoon"/><meta property="og:description" content="Italy, Turkey, and South Africa have launched their digital nomad visa programs."/><meta name="image" property="og:image" content="https://hackernoon.imgix.net/images/sBGdF0DbxXNwhS0pFRPmgiVVOt32-l98336v.jpeg"/><meta property="twitter:title" content="New Digital Nomad Visas Overview | HackerNoon"/><meta property="twitter:description" content="Italy, Turkey, and South Africa have launched their digital nomad visa programs."/><meta property="twitter:image" content="https://hackernoon.imgix.net/images/sBGdF0DbxXNwhS0pFRPmgiVVOt32-l98336v.jpeg"/><meta name="twitter:card" content="summary_large_image"/><meta name="twitter:site" content="@hackernoon"/><link rel="canonical" href="https://hackernoon.com/new-digital-nomad-visas-ittrza"/><link rel="alternate" href="https://hackernoon.com/new-digital-nomad-visas-ittrza" hrefLang="en"/><link rel="alternate" href="https://hackernoon.com/ru/новые-цифровые-визы-кочевников-ittrza" hrefLang="ru"/><link rel="alternate" href="https://hackernoon.com/tr/yeni-dijital-göçebe-vizeleri-ittrza" hrefLang="tr"/><link rel="alternate" href="https://hackernoon.com/ko/새로운-디지털-유목민-비자-ittrza" hrefLang="ko"/><link rel="alternate" href="https://hackernoon.com/de/neue-Visa-für-digitale-Nomaden-ittrza" hrefLang="de"/><link rel="alternate" href="https://hackernoon.com/bn/নতুন-ডিজিটাল-যাযাবর-ভিসা-Itrza" hrefLang="bn"/><link rel="alternate" href="https://hackernoon.com/es/nuevas-visas-nomadas-digitales-ittrza" hrefLang="es"/><link rel="alternate" href="https://hackernoon.com/hi/नया-डिजिटल-खानाबदोश-वीजा-ittrza" hrefLang="hi"/><link rel="alternate" href="https://hackernoon.com/zh/伊特尔察新数字游民签证" hrefLang="zh"/><link rel="alternate" href="https://hackernoon.com/vi/thị-thực-du-mục-kỹ-thuật-số-mới-ittrza" hrefLang="vi"/><link rel="alternate" href="https://hackernoon.com/fr/nouveaux-visas-pour-nomades-numériques-ittrza" hrefLang="fr"/><link rel="alternate" href="https://hackernoon.com/pt/novos-vistos-de-nômade-digital-ittrza" hrefLang="pt"/><link rel="alternate" href="https://hackernoon.com/ja/新しいデジタル遊牧民ビザ-ittrza" hrefLang="ja"/><script type="application/ld+json">{"@context":"http://schema.org","@type":"Article","name":"New Digital Nomad Visas Overview","headline":"New Digital Nomad Visas Overview","author":{"@type":"Person","name":"Ilia Ilinskii"},"datePublished":"2024-05-02","image":"https://hackernoon.imgix.net/images/sBGdF0DbxXNwhS0pFRPmgiVVOt32-l98336v.jpeg","articleSection":"digital-nomads","articleBody":"This April, Italy, Turkey, and South Africa have launched their digital nomad visa programs. In this article, I&apos;d like to describe each nomad visa and its requirements. Each of these nations has its own crypto regulation framework for legal entities and individuals to provide operations with crypto. This information, I also included this in the article, and it may help crypto guys looking for a place to move in. Digital Nomad Visa Italy Italy is known for its nature and dates back to ancient Rome times. It is a popular destination for tourists and immigrants. However, Italian migration procedures remained relatively complex and confusing - it had no convenient type of visa for remote workers as in Spain or Portugal. Local authorities try to meet this challenge and create a straightforward procedure for digital nomads. The visa is generally very similar to the Spanish &quot;Digital Nomad Visa&quot; and will undoubtedly become its competitor. Freelancers and employees of foreign companies working remotely can apply for a visa. It is presented for one year with the possibility of extension and provides the opportunity to move your family members too. To get this visa, it&apos;s essential to confirm a regular income of €28,000 per year or about €2,300 per month. Moreover, in Italy, the minimum income tax rate is 23% if the income for the year is less than €15,000. For digital nomad visa applicants, the rate will be lower - 5-15%. However, considering social payments, the tax rate is much higher - the same 23-28% - as in Spain, where, according to Beckham&apos;s law, you can pay 25% for the first five years of residence in the country. In general, the appearance of such a visa is a big step forward for Italy, which has a complex and unclear migration system. Unfortunately, you can get this visa only in the country of residence - you need to make an appointment in the embassy of Italy in your country. Spanish digital nomad visa procedure is better - it has the option to come to Spain as a tourist and apply for a residence permit. Also, while living in Italy, you must renew this residence annually. You can obtain Italian citizenship by naturalization after only 10 years. Italy is very heterogeneous in terms of the development of the IT industry and crypto business. It has large cities such as Milan and Rome with a high standard of living and technological development, and there are southern regions such as Sicily with deficient technological and economic development. The financial market regulator (Organismo Agenti e Mediatori (OAM)) provides a licensing framework for crypto businesses. It has already 146 registered legal entities on the list. There are also 89 crypto ATMs in Italy. The capital tax rate for income from cryptocurrency transactions in Italy is 26%. Digital Nomad Residence Permit in Turkey In Turkey, instead of an actually tourist residence permit for rent, the option of obtaining a residence permit for remote workers is now available. The minimum income to receive it is $3,000 monthly or $36,000 annually. You can apply for a visa on the website of the Tourism Promotion and Development Agency of Turkey. Judging by the procedure (new visa), the very fact of obtaining preliminary approval remotely through the agency&apos;s website, even before traveling to Turkey, is a cool innovation. However, there are some concerns with this visa type. First of all, it is available only to citizens of the USA, Canada, UK, EU, Russia, Ukraine, and Belarus. Citizens of other nations can&apos;t get it. An absolute advantage of living in Turkey was the relatively low cost of goods and services, but due to high inflation, prices are constantly rising. A high level of inflation makes crypto very popular and according to various sources, up to 40% of the Turkish population uses them to save wealth. Crypto exchanges operate legally in the country, but the government&apos;s policy towards them needs to be more transparent and predictable. Also, recently, the policy of the Turkish authorities toward foreign residents has changed a lot, and many are leaving due to refusals to renew tourist residence permits for rent. This new visa is possible—just an attempt to return foreign residents to the country. The tourist residence permit was exempt from taxes, now most likely, digital nomads will become tax residents of the country. The tax rate for individuals is progressive—from 15% to 40%. That&apos;s why the maximum tax rate is almost the same as in Western European countries famous for their high taxes. So, Italian and Turkish visas may suit digital nomads interested in these countries. But in general, they don&apos;t offer any opportunities better than Spain and Portugal. The minimum basic income is approximately the same as well tax rates. Finally, Turkish citizenship by naturalization can be obtained by living in the country for more than five years. Is It Worth Moving to South Africa? South Africa has also introduced its digital nomad visa. Recipients of this visa will be able to live in an English-speaking country with a relatively low cost of living. The disadvantages of living in South Africa include a relatively low level of security. At the same time, it is an English-speaking country with a fairly rich economy; it is part of BRICS. The minimum income to obtain a visa is about $53,000 per year or more than $4,400 monthly. This is much more than for a Spanish nomad visa despite South Africa also having a relatively high maximum personal tax rate - 45%. However, South Africa is the most advanced African nation in crypto and fintech regulation. Crypto payments and crypto salaries are legalized by the decree of the local tax service (SARS). Also, South Africa has issued a record number of licenses for crypto entities - 74. Capital tax rates are quite flexible for individuals - 18% and corporate tax - 27%. Conclusion All these visas can be a good option for you if you want to move to these countries (South Africa, Italy, Turkey). However, their undoubted disadvantages are the lack of tax benefits and migration procedures. As for crypto regulation, all three countries are important in the global cryptocurrency market, as they have many crypto users. So if you are interested in relocation from this point of view, these countries may suit you. If you are interested in getting more crypto regulation insights, you can watch the global crypto regulation rating here and get updates on my Telegram channel. This April, Italy, Turkey, and South Africa have launched their digital nomad visa programs. In this article, I&apos;d like to describe each nomad visa and its requirements. Each of these nations has its own crypto regulation framework for legal entities and individuals to provide operations with crypto. This information, I also included this in the article, and it may help crypto guys looking for a place to move in. Digital Nomad Visa Italy Digital Nomad Visa Italy Italy is known for its nature and dates back to ancient Rome times. It is a popular destination for tourists and immigrants. However, Italian migration procedures remained relatively complex and confusing - it had no convenient type of visa for remote workers as in Spain or Portugal. Local authorities try to meet this challenge and create a straightforward procedure for digital nomads. The visa is generally very similar to the Spanish &quot;Digital Nomad Visa&quot; and will undoubtedly become its competitor. Freelancers and employees of foreign companies working remotely can apply for a visa. It is presented for one year with the possibility of extension and provides the opportunity to move your family members too. To get this visa, it&apos;s essential to confirm a regular income of €28,000 per year or about €2,300 per month. Moreover, in Italy, the minimum income tax rate is 23% if the income for the year is less than €15,000. For digital nomad visa applicants, the rate will be lower - 5-15%. However, considering social payments, the tax rate is much higher - the same 23-28% - as in Spain, where, according to Beckham&apos;s law, you can pay 25% for the first five years of residence in the country. In general, the appearance of such a visa is a big step forward for Italy, which has a complex and unclear migration system. Unfortunately, you can get this visa only in the country of residence - you need to make an appointment in the embassy of Italy in your country. Spanish digital nomad visa procedure is better - it has the option to come to Spain as a tourist and apply for a residence permit. Also, while living in Italy, you must renew this residence annually. You can obtain Italian citizenship by naturalization after only 10 years. Italy is very heterogeneous in terms of the development of the IT industry and crypto business. It has large cities such as Milan and Rome with a high standard of living and technological development, and there are southern regions such as Sicily with deficient technological and economic development. The financial market regulator (Organismo Agenti e Mediatori (OAM)) provides a licensing framework for crypto businesses. It has already 146 registered legal entities on the list. There are also 89 crypto ATMs in Italy. The capital tax rate for income from cryptocurrency transactions in Italy is 26%. Digital Nomad Residence Permit in Turkey Digital Nomad Residence Permit in Turkey In Turkey, instead of an actually tourist residence permit for rent, the option of obtaining a residence permit for remote workers is now available. The minimum income to receive it is $3,000 monthly or $36,000 annually. You can apply for a visa on the website of the Tourism Promotion and Development Agency of Turkey. Judging by the procedure (new visa), the very fact of obtaining preliminary approval remotely through the agency&apos;s website, even before traveling to Turkey, is a cool innovation. However, there are some concerns with this visa type. First of all, it is available only to citizens of the USA, Canada, UK, EU, Russia, Ukraine, and Belarus. Citizens of other nations can&apos;t get it. An absolute advantage of living in Turkey was the relatively low cost of goods and services, but due to high inflation, prices are constantly rising. A high level of inflation makes crypto very popular and according to various sources, up to 40% of the Turkish population uses them to save wealth. Crypto exchanges operate legally in the country, but the government&apos;s policy towards them needs to be more transparent and predictable. Also, recently, the policy of the Turkish authorities toward foreign residents has changed a lot, and many are leaving due to refusals to renew tourist residence permits for rent. This new visa is possible—just an attempt to return foreign residents to the country. The tourist residence permit was exempt from taxes, now most likely, digital nomads will become tax residents of the country. The tax rate for individuals is progressive—from 15% to 40%. That&apos;s why the maximum tax rate is almost the same as in Western European countries famous for their high taxes. So, Italian and Turkish visas may suit digital nomads interested in these countries. But in general, they don&apos;t offer any opportunities better than Spain and Portugal. The minimum basic income is approximately the same as well tax rates. Finally, Turkish citizenship by naturalization can be obtained by living in the country for more than five years. Is It Worth Moving to South Africa? Is It Worth Moving to South Africa? South Africa has also introduced its digital nomad visa. Recipients of this visa will be able to live in an English-speaking country with a relatively low cost of living. The disadvantages of living in South Africa include a relatively low level of security. At the same time, it is an English-speaking country with a fairly rich economy; it is part of BRICS. The minimum income to obtain a visa is about $53,000 per year or more than $4,400 monthly. This is much more than for a Spanish nomad visa despite South Africa also having a relatively high maximum personal tax rate - 45%. However, South Africa is the most advanced African nation in crypto and fintech regulation. Crypto payments and crypto salaries are legalized by the decree of the local tax service (SARS). Also, South Africa has issued a record number of licenses for crypto entities - 74. Capital tax rates are quite flexible for individuals - 18% and corporate tax - 27%. Conclusion Conclusion All these visas can be a good option for you if you want to move to these countries (South Africa, Italy, Turkey). However, their undoubted disadvantages are the lack of tax benefits and migration procedures. As for crypto regulation, all three countries are important in the global cryptocurrency market, as they have many crypto users. So if you are interested in relocation from this point of view, these countries may suit you. If you are interested in getting more crypto regulation insights, you can watch the global crypto regulation rating here and get updates on my Telegram channel . here Telegram channel"}</script><meta name="next-head-count" content="27"/><meta name="google-site-verification" content="xSsN5mRM5xbHVI00M8uekCnuJ47Da0ER2mYuGhaPM9o"/><link rel="preload" href="/fonts/HackerNoonFont/font-hackernoon.css"/><meta name="slack-app-id" content="A017MMBC29Z"/><script async="" src="https://www.googletagmanager.com/gtag/js?id=G-ECJJ2Q2SJQ"></script><script> window.dataLayer = window.dataLayer || []; function gtag(){dataLayer.push(arguments);} gtag('js', new Date()); gtag('config', 'G-ECJJ2Q2SJQ'); </script><link rel="preload" href="/_next/static/css/df05ebb20b5f1597.css" as="style"/><link rel="stylesheet" href="/_next/static/css/df05ebb20b5f1597.css" data-n-g=""/><link rel="preload" href="/_next/static/css/d072011159298b64.css" as="style"/><link rel="stylesheet" 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https://hackernoon.imgix.net/images/korean-flag.png?auto=format&amp;fit=max&amp;w=32 2x" src="https://hackernoon.imgix.net/images/korean-flag.png?auto=format&amp;fit=max&amp;w=32" decoding="async" data-nimg="intrinsic" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%" class="flag" loading="lazy"/></noscript></span>KO</a><a class="lang " data-tip="true" data-for="de-lang" href="/lang/de/neue-Visa-f%C3%BCr-digitale-Nomaden-ittrza"><span style="box-sizing:border-box;display:inline-block;overflow:hidden;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;position:relative;max-width:100%"><span style="box-sizing:border-box;display:block;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;max-width:100%"><img style="display:block;max-width:100%;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0" alt="" aria-hidden="true" src="data:image/svg+xml,%3csvg%20xmlns=%27http://www.w3.org/2000/svg%27%20version=%271.1%27%20width=%2715%27%20height=%2715%27/%3e"/></span><img alt="de-flag" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" decoding="async" data-nimg="intrinsic" class="flag" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%"/><noscript><img alt="de-flag" srcSet="https://hackernoon.imgix.net/images/german-flag.png?auto=format&amp;fit=max&amp;w=16 1x, https://hackernoon.imgix.net/images/german-flag.png?auto=format&amp;fit=max&amp;w=32 2x" src="https://hackernoon.imgix.net/images/german-flag.png?auto=format&amp;fit=max&amp;w=32" decoding="async" data-nimg="intrinsic" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%" class="flag" loading="lazy"/></noscript></span>DE</a><a class="lang " data-tip="true" data-for="bn-lang" href="/lang/bn/%E0%A6%A8%E0%A6%A4%E0%A7%81%E0%A6%A8-%E0%A6%A1%E0%A6%BF%E0%A6%9C%E0%A6%BF%E0%A6%9F%E0%A6%BE%E0%A6%B2-%E0%A6%AF%E0%A6%BE%E0%A6%AF%E0%A6%BE%E0%A6%AC%E0%A6%B0-%E0%A6%AD%E0%A6%BF%E0%A6%B8%E0%A6%BE-Itrza"><span style="box-sizing:border-box;display:inline-block;overflow:hidden;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;position:relative;max-width:100%"><span style="box-sizing:border-box;display:block;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;max-width:100%"><img style="display:block;max-width:100%;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0" alt="" aria-hidden="true" src="data:image/svg+xml,%3csvg%20xmlns=%27http://www.w3.org/2000/svg%27%20version=%271.1%27%20width=%2715%27%20height=%2715%27/%3e"/></span><img alt="bn-flag" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" decoding="async" data-nimg="intrinsic" class="flag" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%"/><noscript><img alt="bn-flag" srcSet="https://hackernoon.imgix.net/images/bengali-flag.png?auto=format&amp;fit=max&amp;w=16 1x, https://hackernoon.imgix.net/images/bengali-flag.png?auto=format&amp;fit=max&amp;w=32 2x" src="https://hackernoon.imgix.net/images/bengali-flag.png?auto=format&amp;fit=max&amp;w=32" decoding="async" data-nimg="intrinsic" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%" class="flag" loading="lazy"/></noscript></span>BN</a><a class="lang " data-tip="true" data-for="es-lang" href="/lang/es/nuevas-visas-nomadas-digitales-ittrza"><span style="box-sizing:border-box;display:inline-block;overflow:hidden;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;position:relative;max-width:100%"><span style="box-sizing:border-box;display:block;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;max-width:100%"><img style="display:block;max-width:100%;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0" alt="" aria-hidden="true" src="data:image/svg+xml,%3csvg%20xmlns=%27http://www.w3.org/2000/svg%27%20version=%271.1%27%20width=%2715%27%20height=%2715%27/%3e"/></span><img alt="es-flag" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" decoding="async" data-nimg="intrinsic" class="flag" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%"/><noscript><img alt="es-flag" srcSet="https://hackernoon.imgix.net/images/spain_flag.webp?auto=format&amp;fit=max&amp;w=16 1x, https://hackernoon.imgix.net/images/spain_flag.webp?auto=format&amp;fit=max&amp;w=32 2x" src="https://hackernoon.imgix.net/images/spain_flag.webp?auto=format&amp;fit=max&amp;w=32" decoding="async" data-nimg="intrinsic" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%" class="flag" loading="lazy"/></noscript></span>ES</a><a class="lang " data-tip="true" data-for="hi-lang" href="/lang/hi/%E0%A4%A8%E0%A4%AF%E0%A4%BE-%E0%A4%A1%E0%A4%BF%E0%A4%9C%E0%A4%BF%E0%A4%9F%E0%A4%B2-%E0%A4%96%E0%A4%BE%E0%A4%A8%E0%A4%BE%E0%A4%AC%E0%A4%A6%E0%A5%8B%E0%A4%B6-%E0%A4%B5%E0%A5%80%E0%A4%9C%E0%A4%BE-ittrza"><span style="box-sizing:border-box;display:inline-block;overflow:hidden;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;position:relative;max-width:100%"><span style="box-sizing:border-box;display:block;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;max-width:100%"><img style="display:block;max-width:100%;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0" alt="" aria-hidden="true" src="data:image/svg+xml,%3csvg%20xmlns=%27http://www.w3.org/2000/svg%27%20version=%271.1%27%20width=%2715%27%20height=%2715%27/%3e"/></span><img alt="hi-flag" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" decoding="async" data-nimg="intrinsic" class="flag" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%"/><noscript><img alt="hi-flag" srcSet="https://hackernoon.imgix.net/images/hindi_flag.webp?auto=format&amp;fit=max&amp;w=16 1x, https://hackernoon.imgix.net/images/hindi_flag.webp?auto=format&amp;fit=max&amp;w=32 2x" src="https://hackernoon.imgix.net/images/hindi_flag.webp?auto=format&amp;fit=max&amp;w=32" decoding="async" data-nimg="intrinsic" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%" class="flag" loading="lazy"/></noscript></span>HI</a><a class="lang " data-tip="true" data-for="zh-lang" href="/lang/zh/%E4%BC%8A%E7%89%B9%E5%B0%94%E5%AF%9F%E6%96%B0%E6%95%B0%E5%AD%97%E6%B8%B8%E6%B0%91%E7%AD%BE%E8%AF%81"><span style="box-sizing:border-box;display:inline-block;overflow:hidden;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;position:relative;max-width:100%"><span style="box-sizing:border-box;display:block;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;max-width:100%"><img style="display:block;max-width:100%;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0" alt="" aria-hidden="true" src="data:image/svg+xml,%3csvg%20xmlns=%27http://www.w3.org/2000/svg%27%20version=%271.1%27%20width=%2715%27%20height=%2715%27/%3e"/></span><img alt="zh-flag" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" decoding="async" data-nimg="intrinsic" class="flag" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%"/><noscript><img alt="zh-flag" srcSet="https://hackernoon.imgix.net/images/china_flag.webp?auto=format&amp;fit=max&amp;w=16 1x, https://hackernoon.imgix.net/images/china_flag.webp?auto=format&amp;fit=max&amp;w=32 2x" src="https://hackernoon.imgix.net/images/china_flag.webp?auto=format&amp;fit=max&amp;w=32" decoding="async" data-nimg="intrinsic" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%" class="flag" loading="lazy"/></noscript></span>ZH</a><a class="lang " data-tip="true" data-for="vi-lang" href="/lang/vi/th%E1%BB%8B-th%E1%BB%B1c-du-m%E1%BB%A5c-k%E1%BB%B9-thu%E1%BA%ADt-s%E1%BB%91-m%E1%BB%9Bi-ittrza"><span style="box-sizing:border-box;display:inline-block;overflow:hidden;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;position:relative;max-width:100%"><span style="box-sizing:border-box;display:block;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;max-width:100%"><img style="display:block;max-width:100%;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0" alt="" aria-hidden="true" src="data:image/svg+xml,%3csvg%20xmlns=%27http://www.w3.org/2000/svg%27%20version=%271.1%27%20width=%2715%27%20height=%2715%27/%3e"/></span><img alt="vi-flag" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" decoding="async" data-nimg="intrinsic" class="flag" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%"/><noscript><img alt="vi-flag" srcSet="https://hackernoon.imgix.net/images/vi_flag.png?auto=format&amp;fit=max&amp;w=16 1x, https://hackernoon.imgix.net/images/vi_flag.png?auto=format&amp;fit=max&amp;w=32 2x" src="https://hackernoon.imgix.net/images/vi_flag.png?auto=format&amp;fit=max&amp;w=32" decoding="async" data-nimg="intrinsic" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%" class="flag" loading="lazy"/></noscript></span>VI</a><a class="lang " data-tip="true" data-for="fr-lang" href="/lang/fr/nouveaux-visas-pour-nomades-num%C3%A9riques-ittrza"><span style="box-sizing:border-box;display:inline-block;overflow:hidden;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;position:relative;max-width:100%"><span style="box-sizing:border-box;display:block;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;max-width:100%"><img style="display:block;max-width:100%;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0" alt="" aria-hidden="true" src="data:image/svg+xml,%3csvg%20xmlns=%27http://www.w3.org/2000/svg%27%20version=%271.1%27%20width=%2715%27%20height=%2715%27/%3e"/></span><img alt="fr-flag" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" decoding="async" data-nimg="intrinsic" class="flag" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%"/><noscript><img alt="fr-flag" srcSet="https://hackernoon.imgix.net/images/fr_flag.webp?auto=format&amp;fit=max&amp;w=16 1x, https://hackernoon.imgix.net/images/fr_flag.webp?auto=format&amp;fit=max&amp;w=32 2x" src="https://hackernoon.imgix.net/images/fr_flag.webp?auto=format&amp;fit=max&amp;w=32" decoding="async" data-nimg="intrinsic" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%" class="flag" loading="lazy"/></noscript></span>FR</a><a class="lang " data-tip="true" data-for="pt-lang" href="/lang/pt/novos-vistos-de-n%C3%B4made-digital-ittrza"><span style="box-sizing:border-box;display:inline-block;overflow:hidden;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;position:relative;max-width:100%"><span style="box-sizing:border-box;display:block;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;max-width:100%"><img style="display:block;max-width:100%;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0" alt="" aria-hidden="true" src="data:image/svg+xml,%3csvg%20xmlns=%27http://www.w3.org/2000/svg%27%20version=%271.1%27%20width=%2715%27%20height=%2715%27/%3e"/></span><img alt="pt-flag" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" decoding="async" data-nimg="intrinsic" class="flag" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%"/><noscript><img alt="pt-flag" srcSet="https://hackernoon.imgix.net/images/portugal_flag.webp?auto=format&amp;fit=max&amp;w=16 1x, https://hackernoon.imgix.net/images/portugal_flag.webp?auto=format&amp;fit=max&amp;w=32 2x" src="https://hackernoon.imgix.net/images/portugal_flag.webp?auto=format&amp;fit=max&amp;w=32" decoding="async" data-nimg="intrinsic" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%" class="flag" loading="lazy"/></noscript></span>PT</a><a class="lang " data-tip="true" data-for="ja-lang" href="/lang/ja/%E6%96%B0%E3%81%97%E3%81%84%E3%83%87%E3%82%B8%E3%82%BF%E3%83%AB%E9%81%8A%E7%89%A7%E6%B0%91%E3%83%93%E3%82%B6-ittrza"><span style="box-sizing:border-box;display:inline-block;overflow:hidden;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;position:relative;max-width:100%"><span style="box-sizing:border-box;display:block;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;max-width:100%"><img style="display:block;max-width:100%;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0" alt="" aria-hidden="true" src="data:image/svg+xml,%3csvg%20xmlns=%27http://www.w3.org/2000/svg%27%20version=%271.1%27%20width=%2715%27%20height=%2715%27/%3e"/></span><img alt="ja-flag" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" decoding="async" data-nimg="intrinsic" class="flag" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%"/><noscript><img alt="ja-flag" srcSet="https://hackernoon.imgix.net/images/japan-flag.png?auto=format&amp;fit=max&amp;w=16 1x, https://hackernoon.imgix.net/images/japan-flag.png?auto=format&amp;fit=max&amp;w=32 2x" src="https://hackernoon.imgix.net/images/japan-flag.png?auto=format&amp;fit=max&amp;w=32" decoding="async" data-nimg="intrinsic" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%" class="flag" loading="lazy"/></noscript></span>JA</a></div><div class="sc-93e186d7-8 jdyuxE"><span class="lang selected-lang"><span style="box-sizing:border-box;display:inline-block;overflow:hidden;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;position:relative;max-width:100%"><span style="box-sizing:border-box;display:block;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;max-width:100%"><img style="display:block;max-width:100%;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0" alt="" aria-hidden="true" src="data:image/svg+xml,%3csvg%20xmlns=%27http://www.w3.org/2000/svg%27%20version=%271.1%27%20width=%2720%27%20height=%2720%27/%3e"/></span><img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" decoding="async" data-nimg="intrinsic" class="flag" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%"/><noscript><img srcSet="https://hackernoon.imgix.net/images/usa_flag.webp?auto=format&amp;fit=max&amp;w=32 1x, https://hackernoon.imgix.net/images/usa_flag.webp?auto=format&amp;fit=max&amp;w=48 2x" src="https://hackernoon.imgix.net/images/usa_flag.webp?auto=format&amp;fit=max&amp;w=48" decoding="async" data-nimg="intrinsic" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%" class="flag" loading="lazy"/></noscript></span><strong>EN</strong></span></div></div></div><div class="tldr-no-show"><h2>Too Long; Didn&#x27;t Read</h2>Italy, Turkey, and South Africa have launched their digital nomad visa programs. Each of these nations has its own crypto regulation framework for legal entities and individuals to provide operations with crypto. To get this visa, it&#x27;s essential to confirm a regular income of €28,000 per year or about €2,300 per month.<div class="mentions-container"><div class="mentions-box"><h3>People Mentioned</h3><div class="mentions-img-wrapper"><div class="sc-93e186d7-6 dPrQoP"><a href="/u/digitalnomadsplash" style="text-align:left" target="_blank" rel="noopener noreferrer"><div class="img"><span style="box-sizing:border-box;display:inline-block;overflow:hidden;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;position:relative;max-width:100%"><span style="box-sizing:border-box;display:block;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;max-width:100%"><img style="display:block;max-width:100%;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0" alt="" aria-hidden="true" src="data:image/svg+xml,%3csvg%20xmlns=%27http://www.w3.org/2000/svg%27%20version=%271.1%27%20width=%2730%27%20height=%2730%27/%3e"/></span><img data-tip="true" data-for="tldr-mention-digitalnomadsplash" alt="Mention Thumbnail" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" decoding="async" data-nimg="intrinsic" class="img" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%;object-fit:contain"/><noscript><img data-tip="true" data-for="tldr-mention-digitalnomadsplash" alt="Mention Thumbnail" srcSet="https://hackernoon.imgix.net/avatars/robot-a1.png?auto=format&amp;fit=max&amp;w=32 1x, https://hackernoon.imgix.net/avatars/robot-a1.png?auto=format&amp;fit=max&amp;w=64 2x" src="https://hackernoon.imgix.net/avatars/robot-a1.png?auto=format&amp;fit=max&amp;w=64" decoding="async" data-nimg="intrinsic" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%;object-fit:contain" class="img" loading="lazy"/></noscript></span></div></a></div></div></div><div class="mentions-box"><h3>Company<!-- --> Mentioned</h3><div class="mentions-img-wrapper"><div title="Visa" class="sc-93e186d7-6 dPrQoP"><a href="/company/visa" style="text-align:left" target="_blank" rel="noopener noreferrer"><div class="img"><span style="box-sizing:border-box;display:inline-block;overflow:hidden;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;position:relative;max-width:100%"><span style="box-sizing:border-box;display:block;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;max-width:100%"><img style="display:block;max-width:100%;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0" alt="" aria-hidden="true" src="data:image/svg+xml,%3csvg%20xmlns=%27http://www.w3.org/2000/svg%27%20version=%271.1%27%20width=%2730%27%20height=%2730%27/%3e"/></span><img data-tip="true" data-for="tldr-mention-visa" alt="Mention Thumbnail" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" decoding="async" data-nimg="intrinsic" class="img" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%;object-fit:contain"/><noscript><img data-tip="true" data-for="tldr-mention-visa" alt="Mention Thumbnail" srcSet="https://hackernoon.imgix.net/company/visa-cleesiilx01x6esvj8s0q1xk8.png?auto=format&amp;fit=max&amp;w=32 1x, https://hackernoon.imgix.net/company/visa-cleesiilx01x6esvj8s0q1xk8.png?auto=format&amp;fit=max&amp;w=64 2x" src="https://hackernoon.imgix.net/company/visa-cleesiilx01x6esvj8s0q1xk8.png?auto=format&amp;fit=max&amp;w=64" decoding="async" data-nimg="intrinsic" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%;object-fit:contain" class="img" loading="lazy"/></noscript></span></div></a></div></div></div></div></div></div><span style="box-sizing:border-box;display:inline-block;overflow:hidden;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;position:relative;max-width:100%"><span style="box-sizing:border-box;display:block;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;max-width:100%"><img style="display:block;max-width:100%;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0" alt="" aria-hidden="true" src="data:image/svg+xml,%3csvg%20xmlns=%27http://www.w3.org/2000/svg%27%20version=%271.1%27%20width=%271380%27%20height=%271380%27/%3e"/></span><img alt="featured image - New Digital Nomad Visas Overview" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" decoding="async" data-nimg="intrinsic" class="image-container feat" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%"/><noscript><img alt="featured image - New Digital Nomad Visas Overview" srcSet="https://hackernoon.imgix.net/images/sBGdF0DbxXNwhS0pFRPmgiVVOt32-l98336v.jpeg?auto=format&amp;fit=max&amp;w=1920 1x, https://hackernoon.imgix.net/images/sBGdF0DbxXNwhS0pFRPmgiVVOt32-l98336v.jpeg?auto=format&amp;fit=max&amp;w=3840 2x" src="https://hackernoon.imgix.net/images/sBGdF0DbxXNwhS0pFRPmgiVVOt32-l98336v.jpeg?auto=format&amp;fit=max&amp;w=3840" decoding="async" data-nimg="intrinsic" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%" class="image-container feat" loading="lazy"/></noscript></span><div style="grid-column:1 / -1"></div><div class="sc-6d048d67-0 buhXYs profile"><div class="sc-6d048d67-1 cziptZ"><div class="profileImageContainer "><span style="box-sizing:border-box;display:block;overflow:hidden;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;position:absolute;top:0;left:0;bottom:0;right:0"><img data-for="author-tooltip" data-tip="true" data-delay-hide="200" alt="Ilia Ilinskii HackerNoon profile picture" href="/u/ilinskii" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" decoding="async" data-nimg="fill" class="profileImage " style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%;object-fit:cover"/><noscript><img data-for="author-tooltip" data-tip="true" data-delay-hide="200" alt="Ilia Ilinskii HackerNoon profile picture" href="/u/ilinskii" sizes="100vw" srcSet="https://hackernoon.imgix.net/images/sBGdF0DbxXNwhS0pFRPmgiVVOt32-3z93ahc.jpeg?w=100&amp;auto=format&amp;fit=max 640w, https://hackernoon.imgix.net/images/sBGdF0DbxXNwhS0pFRPmgiVVOt32-3z93ahc.jpeg?w=100&amp;auto=format&amp;fit=max 750w, https://hackernoon.imgix.net/images/sBGdF0DbxXNwhS0pFRPmgiVVOt32-3z93ahc.jpeg?w=100&amp;auto=format&amp;fit=max 828w, https://hackernoon.imgix.net/images/sBGdF0DbxXNwhS0pFRPmgiVVOt32-3z93ahc.jpeg?w=100&amp;auto=format&amp;fit=max 1080w, https://hackernoon.imgix.net/images/sBGdF0DbxXNwhS0pFRPmgiVVOt32-3z93ahc.jpeg?w=100&amp;auto=format&amp;fit=max 1200w, https://hackernoon.imgix.net/images/sBGdF0DbxXNwhS0pFRPmgiVVOt32-3z93ahc.jpeg?w=100&amp;auto=format&amp;fit=max 1920w, https://hackernoon.imgix.net/images/sBGdF0DbxXNwhS0pFRPmgiVVOt32-3z93ahc.jpeg?w=100&amp;auto=format&amp;fit=max 2048w, https://hackernoon.imgix.net/images/sBGdF0DbxXNwhS0pFRPmgiVVOt32-3z93ahc.jpeg?w=100&amp;auto=format&amp;fit=max 3840w" src="https://hackernoon.imgix.net/images/sBGdF0DbxXNwhS0pFRPmgiVVOt32-3z93ahc.jpeg?w=100&amp;auto=format&amp;fit=max" decoding="async" data-nimg="fill" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%;object-fit:cover" class="profileImage " loading="lazy"/></noscript></span></div></div></div><div><div class="sc-2e79ac2f-0 ktrYOp"><div><p>This April, Italy, Turkey, and South Africa have launched their digital nomad visa programs. In this article, I&#x27;d like to describe each nomad visa and its requirements. Each of these nations has its own crypto regulation framework for legal entities and individuals to provide operations with crypto. This information, I also included this in the article, and it may help crypto guys looking for a place to move in.</p> <h3 id="h-digital-nomad-visa-italy"><strong>Digital Nomad Visa Italy</strong></h3> <p>Italy is known for its nature and dates back to ancient Rome times. It is a popular destination for tourists and immigrants. However, Italian migration procedures remained relatively complex and confusing - it had no convenient type of visa for remote workers as in Spain or Portugal.</p> <p class="line-space"> <br/> </p><p>Local authorities try to meet this challenge and create a straightforward procedure for digital nomads. The visa is generally very similar to the Spanish &quot;Digital Nomad Visa&quot; and will undoubtedly become its competitor. Freelancers and employees of foreign companies working remotely can apply for a visa.</p><p class="line-space"> <br/> </p><p>It is presented for one year with the possibility of extension and provides the opportunity to move your family members too. To get this visa, it&#x27;s essential to confirm a regular income of €28,000 per year or about €2,300 per month.</p><p class="line-space"> <br/> </p><p>Moreover, in Italy, the minimum income tax rate is 23% if the income for the year is less than €15,000. For digital nomad visa applicants, the rate will be lower - 5-15%. However, considering social payments, the tax rate is much higher - the same 23-28% - as in Spain, where, according to Beckham&#x27;s law, you can pay 25% for the first five years of residence in the country.</p><p class="line-space"> <br/> </p><p>In general, the appearance of such a visa is a big step forward for Italy, which has a complex and unclear migration system. Unfortunately, you can get this visa only in the country of residence - you need to make an appointment in the embassy of Italy in your country. Spanish digital nomad visa procedure is better - it has the option to come to Spain as a tourist and apply for a residence permit.</p><p class="line-space"> <br/> </p><p>Also, while living in Italy, you must renew this residence annually. You can obtain Italian citizenship by naturalization after only 10 years.</p><p>Italy is very heterogeneous in terms of the development of the IT industry and crypto business. It has large cities such as Milan and Rome with a high standard of living and technological development, and there are southern regions such as Sicily with deficient technological and economic development.</p> <p class="line-space"> <br/> </p><p>The financial market regulator (Organismo Agenti e Mediatori (OAM)) provides a licensing framework for crypto businesses. It has already 146 registered legal entities on the list. There are also 89 crypto ATMs in Italy. The capital tax rate for income from cryptocurrency transactions in Italy is 26%.</p><h3 id="h-digital-nomad-residence-permit-in-turkey"><strong>Digital Nomad Residence Permit in Turkey</strong></h3> <p>In Turkey, instead of an actually tourist residence permit for rent, the option of obtaining a residence permit for remote workers is now available. The minimum income to receive it is $3,000 monthly or $36,000 annually. You can apply for a visa on the website of the Tourism Promotion and Development Agency of Turkey.</p> <p class="line-space"> <br/> </p><p>Judging by the procedure (new visa), the very fact of obtaining preliminary approval remotely through the agency&#x27;s website, even before traveling to Turkey, is a cool innovation. However, there are some concerns with this visa type.</p><p class="line-space"> <br/> </p><p>First of all, it is available only to citizens of the USA, Canada, UK, EU, Russia, Ukraine, and Belarus. Citizens of other nations can&#x27;t get it.</p><p class="line-space"> <br/> </p><p>An absolute advantage of living in Turkey was the relatively low cost of goods and services, but due to high inflation, prices are constantly rising.</p><p class="line-space"> <br/> </p><p>A high level of inflation makes crypto very popular and according to various sources, up to 40% of the Turkish population uses them to save wealth. Crypto exchanges operate legally in the country, but the government&#x27;s policy towards them needs to be more transparent and predictable.</p><p class="line-space"> <br/> </p><p>Also, recently, the policy of the Turkish authorities toward foreign residents has changed a lot, and many are leaving due to refusals to renew tourist residence permits for rent. This new visa is possible—just an attempt to return foreign residents to the country. The tourist residence permit was exempt from taxes, now most likely, digital nomads will become tax residents of the country.</p><p class="line-space"> <br/> </p><p>The tax rate for individuals is progressive—from 15% to 40%. That&#x27;s why the maximum tax rate is almost the same as in Western European countries famous for their high taxes.</p><p class="line-space"> <br/> </p><p>So, Italian and Turkish visas may suit digital nomads interested in these countries. But in general, they don&#x27;t offer any opportunities better than Spain and Portugal. The minimum basic income is approximately the same as well tax rates. Finally, Turkish citizenship by naturalization can be obtained by living in the country for more than five years.</p><h3 id="h-is-it-worth-moving-to-south-africa"><strong>Is It Worth Moving to South Africa?</strong></h3> <p>South Africa has also introduced its digital nomad visa. Recipients of this visa will be able to live in an English-speaking country with a relatively low cost of living. The disadvantages of living in South Africa include a relatively low level of security. At the same time, it is an English-speaking country with a fairly rich economy; it is part of BRICS.</p> <p class="line-space"> <br/> </p><p>The minimum income to obtain a visa is about $53,000 per year or more than $4,400 monthly. This is much more than for a Spanish nomad visa despite South Africa also having a relatively high maximum personal tax rate - 45%.</p><p class="line-space"> <br/> </p><p>However, South Africa is the most advanced African nation in crypto and fintech regulation. Crypto payments and crypto salaries are legalized by the decree of the local tax service (SARS). Also, South Africa has issued a record number of licenses for crypto entities - 74.</p><p>Capital tax rates are quite flexible for individuals - 18% and corporate tax - 27%.</p> <h3 id="h-conclusion"><strong>Conclusion</strong></h3> <p>All these visas can be a good option for you if you want to move to these countries (South Africa, Italy, Turkey). However, their undoubted disadvantages are the lack of tax benefits and migration procedures.</p> <p class="line-space"> <br/> </p><p>As for crypto regulation, all three countries are important in the global cryptocurrency market, as they have many crypto users. So if you are interested in relocation from this point of view, these countries may suit you.</p><p class="line-space"> <br/> </p><p>If you are interested in getting more crypto regulation insights, you can watch the global crypto regulation rating <a href="https://cryptopenetration.com/?ref=hackernoon.com" target="_blank" rel="noopener noreferrer ugc">here</a> and get updates on my <a href="https://t.me/cryptopenetration?ref=hackernoon.com" target="_blank" rel="noopener noreferrer ugc">Telegram channel</a>.</p></div><div style="visibility:hidden" class="sc-2e79ac2f-8 cdKvIK"><button><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 22 22" width="22" style="width:18px;fill:white"><path style="width:18px;fill:white" d="M16 9h1v2h-1v1h-1v1h-1v1h-1v1h-1v1h-1v1h-1v1H9v1H8v1H7v1H6v1H0v-6h1v-1h1v-1h1v-1h1v-1h1v-1h1v-1h1V9h1V8h1V7h1V6h1V5h2v1h1v1h1v1h1v1zM22 4v2h-1v1h-1v1h-1v1h-1V8h-1V7h-1V6h-1V5h-1V4h-1V3h1V2h1V1h1V0h2v1h1v1h1v1h1v1h1z"></path></svg></button><button><svg 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authorBio-section"><h3>About Author</h3><div class="row"><div class="avatar "><a href="/u/ilinskii"><span style="box-sizing:border-box;display:block;overflow:hidden;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;position:absolute;top:0;left:0;bottom:0;right:0"><img alt="Ilia Ilinskii HackerNoon profile picture" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" decoding="async" data-nimg="fill" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%;object-fit:cover"/><noscript><img alt="Ilia Ilinskii HackerNoon profile picture" sizes="100vw" srcSet="https://hackernoon.imgix.net/images/sBGdF0DbxXNwhS0pFRPmgiVVOt32-3z93ahc.jpeg?w=200&amp;auto=format&amp;fit=max 640w, 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style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%"/><noscript><img alt="Article Thumbnail" srcSet="https://hackernoon.imgix.net/images/github/remote-723.png?auto=format&amp;fit=max&amp;w=260 1x, https://hackernoon.imgix.net/images/github/remote-723.png?auto=format&amp;fit=max&amp;w=260 2x" src="https://hackernoon.imgix.net/images/github/remote-723.png?auto=format&amp;fit=max&amp;w=260" decoding="async" data-nimg="intrinsic" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%" class="img" loading="lazy"/></noscript></span></a></div><div class="text"><strong><a href="../100-stories-to-learn-about-remote" style="text-decoration:none;text-align:left" target="_blank" rel="noopener 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Customized Experience. Curated Stories. Publish Your Ideas </strong></a></div></div></main></div></div><script id="__NEXT_DATA__" type="application/json">{"props":{"pageProps":{"data":{"pageLang":"en","datePublished":"2024-05-02","slug":"new-digital-nomad-visas-ittrza","articleBody":"This April, Italy, Turkey, and South Africa have launched their digital nomad visa programs. In this article, I'd like to describe each nomad visa and its requirements. Each of these nations has its own crypto regulation framework for legal entities and individuals to provide operations with crypto. This information, I also included this in the article, and it may help crypto guys looking for a place to move in. Digital Nomad Visa Italy Italy is known for its nature and dates back to ancient Rome times. It is a popular destination for tourists and immigrants. However, Italian migration procedures remained relatively complex and confusing - it had no convenient type of visa for remote workers as in Spain or Portugal. Local authorities try to meet this challenge and create a straightforward procedure for digital nomads. The visa is generally very similar to the Spanish \"Digital Nomad Visa\" and will undoubtedly become its competitor. Freelancers and employees of foreign companies working remotely can apply for a visa. It is presented for one year with the possibility of extension and provides the opportunity to move your family members too. To get this visa, it's essential to confirm a regular income of €28,000 per year or about €2,300 per month. Moreover, in Italy, the minimum income tax rate is 23% if the income for the year is less than €15,000. For digital nomad visa applicants, the rate will be lower - 5-15%. However, considering social payments, the tax rate is much higher - the same 23-28% - as in Spain, where, according to Beckham's law, you can pay 25% for the first five years of residence in the country. In general, the appearance of such a visa is a big step forward for Italy, which has a complex and unclear migration system. Unfortunately, you can get this visa only in the country of residence - you need to make an appointment in the embassy of Italy in your country. Spanish digital nomad visa procedure is better - it has the option to come to Spain as a tourist and apply for a residence permit. Also, while living in Italy, you must renew this residence annually. You can obtain Italian citizenship by naturalization after only 10 years. Italy is very heterogeneous in terms of the development of the IT industry and crypto business. It has large cities such as Milan and Rome with a high standard of living and technological development, and there are southern regions such as Sicily with deficient technological and economic development. The financial market regulator (Organismo Agenti e Mediatori (OAM)) provides a licensing framework for crypto businesses. It has already 146 registered legal entities on the list. There are also 89 crypto ATMs in Italy. The capital tax rate for income from cryptocurrency transactions in Italy is 26%. Digital Nomad Residence Permit in Turkey In Turkey, instead of an actually tourist residence permit for rent, the option of obtaining a residence permit for remote workers is now available. The minimum income to receive it is $3,000 monthly or $36,000 annually. You can apply for a visa on the website of the Tourism Promotion and Development Agency of Turkey. Judging by the procedure (new visa), the very fact of obtaining preliminary approval remotely through the agency's website, even before traveling to Turkey, is a cool innovation. However, there are some concerns with this visa type. First of all, it is available only to citizens of the USA, Canada, UK, EU, Russia, Ukraine, and Belarus. Citizens of other nations can't get it. An absolute advantage of living in Turkey was the relatively low cost of goods and services, but due to high inflation, prices are constantly rising. A high level of inflation makes crypto very popular and according to various sources, up to 40% of the Turkish population uses them to save wealth. Crypto exchanges operate legally in the country, but the government's policy towards them needs to be more transparent and predictable. Also, recently, the policy of the Turkish authorities toward foreign residents has changed a lot, and many are leaving due to refusals to renew tourist residence permits for rent. This new visa is possible—just an attempt to return foreign residents to the country. The tourist residence permit was exempt from taxes, now most likely, digital nomads will become tax residents of the country. The tax rate for individuals is progressive—from 15% to 40%. That's why the maximum tax rate is almost the same as in Western European countries famous for their high taxes. So, Italian and Turkish visas may suit digital nomads interested in these countries. But in general, they don't offer any opportunities better than Spain and Portugal. The minimum basic income is approximately the same as well tax rates. Finally, Turkish citizenship by naturalization can be obtained by living in the country for more than five years. Is It Worth Moving to South Africa? South Africa has also introduced its digital nomad visa. Recipients of this visa will be able to live in an English-speaking country with a relatively low cost of living. The disadvantages of living in South Africa include a relatively low level of security. At the same time, it is an English-speaking country with a fairly rich economy; it is part of BRICS. The minimum income to obtain a visa is about $53,000 per year or more than $4,400 monthly. This is much more than for a Spanish nomad visa despite South Africa also having a relatively high maximum personal tax rate - 45%. However, South Africa is the most advanced African nation in crypto and fintech regulation. Crypto payments and crypto salaries are legalized by the decree of the local tax service (SARS). Also, South Africa has issued a record number of licenses for crypto entities - 74. Capital tax rates are quite flexible for individuals - 18% and corporate tax - 27%. Conclusion All these visas can be a good option for you if you want to move to these countries (South Africa, Italy, Turkey). However, their undoubted disadvantages are the lack of tax benefits and migration procedures. As for crypto regulation, all three countries are important in the global cryptocurrency market, as they have many crypto users. So if you are interested in relocation from this point of view, these countries may suit you. If you are interested in getting more crypto regulation insights, you can watch the global crypto regulation rating here and get updates on my Telegram channel. This April, Italy, Turkey, and South Africa have launched their digital nomad visa programs. In this article, I'd like to describe each nomad visa and its requirements. Each of these nations has its own crypto regulation framework for legal entities and individuals to provide operations with crypto. This information, I also included this in the article, and it may help crypto guys looking for a place to move in. Digital Nomad Visa Italy Digital Nomad Visa Italy Italy is known for its nature and dates back to ancient Rome times. It is a popular destination for tourists and immigrants. However, Italian migration procedures remained relatively complex and confusing - it had no convenient type of visa for remote workers as in Spain or Portugal. Local authorities try to meet this challenge and create a straightforward procedure for digital nomads. The visa is generally very similar to the Spanish \"Digital Nomad Visa\" and will undoubtedly become its competitor. Freelancers and employees of foreign companies working remotely can apply for a visa. It is presented for one year with the possibility of extension and provides the opportunity to move your family members too. To get this visa, it's essential to confirm a regular income of €28,000 per year or about €2,300 per month. Moreover, in Italy, the minimum income tax rate is 23% if the income for the year is less than €15,000. For digital nomad visa applicants, the rate will be lower - 5-15%. However, considering social payments, the tax rate is much higher - the same 23-28% - as in Spain, where, according to Beckham's law, you can pay 25% for the first five years of residence in the country. In general, the appearance of such a visa is a big step forward for Italy, which has a complex and unclear migration system. Unfortunately, you can get this visa only in the country of residence - you need to make an appointment in the embassy of Italy in your country. Spanish digital nomad visa procedure is better - it has the option to come to Spain as a tourist and apply for a residence permit. Also, while living in Italy, you must renew this residence annually. You can obtain Italian citizenship by naturalization after only 10 years. Italy is very heterogeneous in terms of the development of the IT industry and crypto business. It has large cities such as Milan and Rome with a high standard of living and technological development, and there are southern regions such as Sicily with deficient technological and economic development. The financial market regulator (Organismo Agenti e Mediatori (OAM)) provides a licensing framework for crypto businesses. It has already 146 registered legal entities on the list. There are also 89 crypto ATMs in Italy. The capital tax rate for income from cryptocurrency transactions in Italy is 26%. Digital Nomad Residence Permit in Turkey Digital Nomad Residence Permit in Turkey In Turkey, instead of an actually tourist residence permit for rent, the option of obtaining a residence permit for remote workers is now available. The minimum income to receive it is $3,000 monthly or $36,000 annually. You can apply for a visa on the website of the Tourism Promotion and Development Agency of Turkey. Judging by the procedure (new visa), the very fact of obtaining preliminary approval remotely through the agency's website, even before traveling to Turkey, is a cool innovation. However, there are some concerns with this visa type. First of all, it is available only to citizens of the USA, Canada, UK, EU, Russia, Ukraine, and Belarus. Citizens of other nations can't get it. An absolute advantage of living in Turkey was the relatively low cost of goods and services, but due to high inflation, prices are constantly rising. A high level of inflation makes crypto very popular and according to various sources, up to 40% of the Turkish population uses them to save wealth. Crypto exchanges operate legally in the country, but the government's policy towards them needs to be more transparent and predictable. Also, recently, the policy of the Turkish authorities toward foreign residents has changed a lot, and many are leaving due to refusals to renew tourist residence permits for rent. This new visa is possible—just an attempt to return foreign residents to the country. The tourist residence permit was exempt from taxes, now most likely, digital nomads will become tax residents of the country. The tax rate for individuals is progressive—from 15% to 40%. That's why the maximum tax rate is almost the same as in Western European countries famous for their high taxes. So, Italian and Turkish visas may suit digital nomads interested in these countries. But in general, they don't offer any opportunities better than Spain and Portugal. The minimum basic income is approximately the same as well tax rates. Finally, Turkish citizenship by naturalization can be obtained by living in the country for more than five years. Is It Worth Moving to South Africa? Is It Worth Moving to South Africa? South Africa has also introduced its digital nomad visa. Recipients of this visa will be able to live in an English-speaking country with a relatively low cost of living. The disadvantages of living in South Africa include a relatively low level of security. At the same time, it is an English-speaking country with a fairly rich economy; it is part of BRICS. The minimum income to obtain a visa is about $53,000 per year or more than $4,400 monthly. This is much more than for a Spanish nomad visa despite South Africa also having a relatively high maximum personal tax rate - 45%. However, South Africa is the most advanced African nation in crypto and fintech regulation. Crypto payments and crypto salaries are legalized by the decree of the local tax service (SARS). Also, South Africa has issued a record number of licenses for crypto entities - 74. Capital tax rates are quite flexible for individuals - 18% and corporate tax - 27%. Conclusion Conclusion All these visas can be a good option for you if you want to move to these countries (South Africa, Italy, Turkey). However, their undoubted disadvantages are the lack of tax benefits and migration procedures. As for crypto regulation, all three countries are important in the global cryptocurrency market, as they have many crypto users. So if you are interested in relocation from this point of view, these countries may suit you. If you are interested in getting more crypto regulation insights, you can watch the global crypto regulation rating here and get updates on my Telegram channel . here Telegram channel","arweave":"9erwiLk5tPfYcZqStBKPI3-tpUNUkQRYuYkplVAonX0","createdAt":"2024-05-02T20:02:31.621Z","draftId":"0XT0apnV30jezDw3m7rz","excerpt":"Italy, Turkey, and South Africa have launched their digital nomad visa programs.","featureImgColor":"rgb(54 44 38 / 70%)","firstSeenAt":false,"id":"0XT0apnV30jezDw3m7rz","imageSizes":{},"mainImage":"https://hackernoon.imgix.net/images/sBGdF0DbxXNwhS0pFRPmgiVVOt32-l98336v.jpeg","mainImageHeight":1380,"mainImageWidth":1380,"markup":null,"owner":"sBGdF0DbxXNwhS0pFRPmgiVVOt32","parentCategory":"remote-work","parsed":"\u003cp\u003eThis April,\u0026nbsp;Italy, Turkey, and South Africa have launched their digital nomad visa programs.\u0026nbsp;In this article,\u0026nbsp;I'd like to describe each nomad visa and its requirements.\u0026nbsp;Each of these nations has its own crypto regulation framework for legal entities and individuals to provide operations with crypto.\u0026nbsp;This information,\u0026nbsp;I also included this in the article, and it may help crypto guys looking for a place to move in.\u003c/p\u003e\n\u003ch3 id=\"h-digital-nomad-visa-italy\"\u003e\u003cstrong\u003eDigital Nomad Visa Italy\u003c/strong\u003e\u003c/h3\u003e\n\u003cp\u003eItaly is known for its nature\u0026nbsp;and\u0026nbsp;dates\u0026nbsp;back to ancient\u0026nbsp;Rome\u0026nbsp;times.\u0026nbsp;It is a popular destination for tourists and immigrants.\u0026nbsp;However, Italian migration procedures remained relatively complex and confusing -\u0026nbsp;it\u0026nbsp;had\u0026nbsp;no convenient type of visa for remote workers\u0026nbsp;as\u0026nbsp;in Spain or Portugal.\u003c/p\u003e\n\u003cp\u003e\u003c/p\u003e\u003cp\u003eLocal authorities try to meet this challenge and create a straightforward procedure for digital nomads. The visa is generally very similar to the Spanish \"Digital Nomad Visa\" and will undoubtedly become its competitor. Freelancers and employees of foreign companies working remotely can apply for a visa.\u003c/p\u003e\u003cp\u003e\u003c/p\u003e\u003cp\u003eIt is presented for one year with the possibility of extension and provides the opportunity to move your family members too. To get this\u0026nbsp;visa,\u0026nbsp;it's essential to confirm a regular income of €28,000 per year or about €2,300 per month.\u003c/p\u003e\u003cp\u003e\u003c/p\u003e\u003cp\u003eMoreover, in Italy, the minimum income tax rate is 23% if the income for the year is less than €15,000.\u0026nbsp;For\u0026nbsp;digital nomad visa applicants, the rate\u0026nbsp;will be lower - 5-15%.\u0026nbsp;However, considering social payments, the tax rate is much higher - the same 23-28% - as in Spain, where, according to Beckham's law, you can pay 25% for the first five years of residence in the country.\u003c/p\u003e\u003cp\u003e\u003c/p\u003e\u003cp\u003eIn general, the appearance of such a visa is a big step forward for Italy, which has a complex and unclear migration system.\u0026nbsp;Unfortunately, you can get this visa only in the country of residence - you need to make\u0026nbsp;an appointment\u0026nbsp;in\u0026nbsp;the embassy\u0026nbsp;of Italy in your country.\u0026nbsp;Spanish digital nomad visa procedure is better - it\u0026nbsp;has the option\u0026nbsp;to\u0026nbsp;come to Spain as a tourist and apply for a residence permit.\u003c/p\u003e\u003cp\u003e\u003c/p\u003e\u003cp\u003eAlso, while living in Italy, you must renew this residence annually. You can obtain Italian citizenship by naturalization after only\u0026nbsp;10\u0026nbsp;years.\u003c/p\u003e\u003cp\u003eItaly is very heterogeneous in terms of the development of the IT industry and crypto business.\u0026nbsp;It has large\u0026nbsp;cities such as Milan and Rome\u0026nbsp;with\u0026nbsp;a high standard of living and technological development,\u0026nbsp;and there are\u0026nbsp;southern regions such as Sicily\u0026nbsp;with\u0026nbsp;deficient technological and economic development.\u003c/p\u003e\n\u003cp\u003e\u003c/p\u003e\u003cp\u003eThe financial market regulator (Organismo Agenti e Mediatori (OAM)) provides a licensing framework for crypto\u0026nbsp;businesses. It has already\u0026nbsp;146 registered legal entities on\u0026nbsp;the\u0026nbsp;list.\u0026nbsp;There are also 89 crypto ATMs in Italy. The capital tax rate for income from cryptocurrency transactions in Italy is 26%.\u003c/p\u003e\u003ch3 id=\"h-digital-nomad-residence-permit-in-turkey\"\u003e\u003cstrong\u003eDigital Nomad Residence Permit in Turkey\u003c/strong\u003e\u003c/h3\u003e\n\u003cp\u003eIn Turkey, instead of\u0026nbsp;an\u0026nbsp;actually\u0026nbsp;tourist residence permit for rent,\u0026nbsp;the option of\u0026nbsp;obtaining a residence permit for remote workers is now available.\u0026nbsp;The minimum income to receive it is $3,000 monthly or $36,000 annually. You can apply for a visa on the website of the Tourism Promotion and Development Agency of Turkey.\u003c/p\u003e\n\u003cp\u003e\u003c/p\u003e\u003cp\u003eJudging by the procedure (new visa),\u0026nbsp;the very fact of\u0026nbsp;obtaining preliminary approval remotely through the agency's website, even before traveling to Turkey, is\u0026nbsp;a cool\u0026nbsp;innovation. However, there are some concerns with this visa type.\u003c/p\u003e\u003cp\u003e\u003c/p\u003e\u003cp\u003eFirst\u0026nbsp;of all, it is available only to citizens of the USA, Canada, UK, EU, Russia, Ukraine, and Belarus.\u0026nbsp;Citizens of other nations can't get it.\u003c/p\u003e\u003cp\u003e\u003c/p\u003e\u003cp\u003eAn absolute advantage of living in Turkey was the relatively low cost of goods and services, but due to high inflation, prices are constantly rising.\u003c/p\u003e\u003cp\u003e\u003c/p\u003e\u003cp\u003eA high\u0026nbsp;level of inflation\u0026nbsp;makes crypto very popular\u0026nbsp;and according to various sources, up to 40% of the Turkish population uses\u0026nbsp;them\u0026nbsp;to save wealth.\u0026nbsp;Crypto exchanges operate legally in the country, but the government's policy towards them needs to be more transparent and predictable.\u003c/p\u003e\u003cp\u003e\u003c/p\u003e\u003cp\u003eAlso, recently, the policy of the Turkish authorities toward foreign residents has changed a lot, and many are leaving due to refusals to renew tourist residence permits for rent. This new visa is possible—just an attempt to return foreign residents to the country.\u0026nbsp;The tourist residence permit was exempt from taxes, now\u0026nbsp;most\u0026nbsp;likely, digital nomads will become tax residents of the country.\u003c/p\u003e\u003cp\u003e\u003c/p\u003e\u003cp\u003eThe tax rate for individuals is progressive—from 15% to 40%.\u0026nbsp;That's why\u0026nbsp;the maximum\u0026nbsp;tax rate is almost the same as in Western European countries\u0026nbsp;famous\u0026nbsp;for their high taxes.\u003c/p\u003e\u003cp\u003e\u003c/p\u003e\u003cp\u003eSo,\u0026nbsp;Italian and Turkish visas may suit digital nomads interested in these countries. But in general, they don't offer any\u0026nbsp;opportunities better\u0026nbsp;than Spain and Portugal. The minimum basic income\u0026nbsp;is\u0026nbsp;approximately the same\u0026nbsp;as well tax rates.\u0026nbsp;Finally,\u0026nbsp;Turkish citizenship by naturalization can be obtained\u0026nbsp;by living in the country for more than five years.\u003c/p\u003e\u003ch3 id=\"h-is-it-worth-moving-to-south-africa\"\u003e\u003cstrong\u003eIs It Worth Moving to South Africa?\u003c/strong\u003e\u003c/h3\u003e\n\u003cp\u003eSouth Africa has also introduced its digital nomad visa. Recipients of this visa will be able to live in an English-speaking country with a relatively low cost of living. The disadvantages of living in South Africa include a relatively low level of security. At the same time, it is an English-speaking country with a\u0026nbsp;fairly\u0026nbsp;rich\u0026nbsp;economy; it is part of BRICS.\u003c/p\u003e\n\u003cp\u003e\u003c/p\u003e\u003cp\u003eThe minimum income to obtain a visa is about $53,000 per year or more than $4,400 monthly.\u0026nbsp;This is much more than for a Spanish nomad visa despite South Africa\u0026nbsp;also having a\u0026nbsp;relatively\u0026nbsp;high maximum personal tax rate\u0026nbsp;-\u0026nbsp;45%.\u003c/p\u003e\u003cp\u003e\u003c/p\u003e\u003cp\u003eHowever, South Africa is the most advanced\u0026nbsp;African\u0026nbsp;nation in crypto and fintech regulation.\u0026nbsp;Crypto payments and crypto salaries\u0026nbsp;are legalized\u0026nbsp;by\u0026nbsp;the decree\u0026nbsp;of\u0026nbsp;the local tax service (SARS).\u0026nbsp;Also, South\u0026nbsp;Africa\u0026nbsp;has issued a record number of licenses for crypto entities - 74.\u003c/p\u003e\u003cp\u003eCapital tax rates are\u0026nbsp;quite\u0026nbsp;flexible for individuals - 18% and corporate tax - 27%.\u003c/p\u003e\n\u003ch3 id=\"h-conclusion\"\u003e\u003cstrong\u003eConclusion\u003c/strong\u003e\u003c/h3\u003e\n\u003cp\u003eAll these visas can be a good option\u0026nbsp;for you\u0026nbsp;if you want to move to these countries (South Africa, Italy, Turkey). However, their undoubted disadvantages are the lack of tax benefits and migration procedures.\u003c/p\u003e\n\u003cp\u003e\u003c/p\u003e\u003cp\u003eAs for crypto regulation, all three countries are important in the global cryptocurrency market, as they have many crypto users. So if you are interested in relocation from this point of view, these countries may suit you.\u003c/p\u003e\u003cp\u003e\u003c/p\u003e\u003cp\u003eIf\u0026nbsp;you are\u0026nbsp;interested\u0026nbsp;in getting\u0026nbsp;more crypto regulation insights, you can watch\u0026nbsp;the global\u0026nbsp;crypto regulation\u0026nbsp;rating\u0026nbsp;\u003ca href=\"https://cryptopenetration.com/?ref=hackernoon.com\"\u003ehere\u003c/a\u003e\u0026nbsp;and get updates on my\u0026nbsp;\u003ca href=\"https://t.me/cryptopenetration?ref=hackernoon.com\"\u003eTelegram channel\u003c/a\u003e.\u003c/p\u003e","profile":{"about_page_settings":{"blocked":false,"createdAt":"2023-10-10T20:17:53.862Z","owner":"sBGdF0DbxXNwhS0pFRPmgiVVOt32","published":true,"style":{"headline_pos":"center","layout":0,"skin":0},"updatedAt":"2023-10-10T20:17:53.862Z"},"avatar":"https://cdn.hackernoon.com/images/sBGdF0DbxXNwhS0pFRPmgiVVOt32-3z93ahc.jpeg","bio":"Editor in Crypto Penetration, Blockchain Entrepreneur","callToActions":[{"active":true,"icon":"","id":"35a5eb893fd89-brand","name":"All crypto regulation insights \u0026 crypto statistics","url":"https://t.me/cryptopenetration"},{"active":true,"icon":"fa fa-book","id":"4d9f64bd2afd9","name":"Read My Stories","url":"https://hackernoon.com/u/ilinskii"}],"displayName":"Ilia Ilinskii","handle":"ilinskii","isBrand":false,"isTrusted":false,"allowSubscribers":true},"publishedAt":1714680152.765,"tags":["digital-nomads","relocation","turkey-crypto","italy-startups","south-africa","digital-nomad-visas","new-nomad-visas","working-remotely-abroad"],"title":"New Digital Nomad Visas Overview","tldr":"Italy, Turkey, and South Africa have launched their digital nomad visa programs. Each of these nations has its own crypto regulation framework for legal entities and individuals to provide operations with crypto. To get this visa, it's essential to confirm a regular income of €28,000 per year or about €2,300 per month.","backlinks":{"fetched":"2024-10-15T17:05:25.301Z","urls":["https://cryptopenetration.com/KI","https://rss.boorghani.com/the-techbeat-outlier-detection-what-you-need-to-know-5-9-2024","https://cryptopenetration.com/GB"]},"annotations":[],"mentions":[{"image":"https://cdn.hackernoon.com/company/visa-cleesiilx01x6esvj8s0q1xk8.png","filtered":false,"name":"Visa","id":"visa","collection":"companies","manual":false},{"image":"https://cdn.hackernoon.com/avatars/robot-a1.png","filtered":false,"displayName":"Digital Nomad","handle":"digitalnomadsplash","collection":"profiles","manual":false,"url":"https://hackernoon.com/u/digitalnomadsplash"}],"translation":{"en":{"code":"en","name":"English","slug":"new-digital-nomad-visas-ittrza","title":"New Digital Nomad Visas Overview"},"ru":{"code":"ru","name":"Russian","slug":"новые-цифровые-визы-кочевников-ittrza","title":"Обзор новых виз Digital Nomad Visas"},"tr":{"code":"tr","name":"Turkish","slug":"yeni-dijital-göçebe-vizeleri-ittrza","title":"Yeni Dijital Göçebe Vizelerine Genel Bakış"},"ko":{"code":"ko","name":"Korean","slug":"새로운-디지털-유목민-비자-ittrza","title":"새로운 디지털 노마드 비자 개요"},"de":{"code":"de","name":"German","slug":"neue-Visa-für-digitale-Nomaden-ittrza","title":"Überblick über neue Visa für digitale Nomaden"},"bn":{"code":"bn","name":"Bengali","slug":"নতুন-ডিজিটাল-যাযাবর-ভিসা-Itrza","title":"নতুন ডিজিটাল যাযাবর ভিসা ওভারভিউ"},"es":{"code":"es","name":"Spanish","slug":"nuevas-visas-nomadas-digitales-ittrza","title":"Descripción general de las nuevas visas para nómadas digitales"},"hi":{"code":"hi","name":"Hindi","slug":"नया-डिजिटल-खानाबदोश-वीजा-ittrza","title":"नए डिजिटल नोमैड वीज़ा का अवलोकन"},"zh":{"code":"zh","name":"Chinese","slug":"伊特尔察新数字游民签证","title":"新的数字游民签证概述"},"vi":{"code":"vi","name":"Vietnamese","slug":"thị-thực-du-mục-kỹ-thuật-số-mới-ittrza","title":"Tổng quan về thị thực du mục kỹ thuật số mới"},"fr":{"code":"fr","name":"French","slug":"nouveaux-visas-pour-nomades-numériques-ittrza","title":"Aperçu des nouveaux visas pour nomades numériques"},"pt":{"code":"pt","name":"Portuguese","slug":"novos-vistos-de-nômade-digital-ittrza","title":"Visão geral dos novos vistos digitais nômades"},"ja":{"code":"ja","name":"Japanese","slug":"新しいデジタル遊牧民ビザ-ittrza","title":"新しいデジタルノマドビザの概要"}},"fromMongo":true,"relatedStories":[{"id":"WnXNHi3bu6hkhQ5ADOVW","active":true,"category":[],"companyName":"Miro-Leaders","customAd":"https://cdn.hackernoon.com/images/img-ql53l5p.png","firstColor":"#29c929","font":"HackerNoon","fontColor":"#FFFFFF","image":"https://cdn.hackernoon.com/images/img-8u03mx2.jpeg","link":"https://ad.doubleclick.net/ddm/trackclk/N1700473.5487816HACKERNOON/B32575813.405683738;dc_trk_aid=597649453;dc_trk_cid=223410562;dc_lat=;dc_rdid=;tag_for_child_directed_treatment=;tfua=;gdpr=${GDPR};gdpr_consent=${GDPR_CONSENT_755};ltd=;dc_tdv=1","logo":"","parentCategory":["management","product-management","business","finance","startups","remote-work","tech-companies","tech-stories"],"secondColor":"#009300","tags":[],"text":"Welcome to Miro - 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