Question
Are they accepting crypto salary as proof of income for the Spain Digital Nomad Visa? My salary is paid in USDC, and it is all stored in a KYC’ed crypto exchange (Binance). Anyone managed to get approved with a similar situation?
Answers
These are the answers of Spainguru’s Spain Digital Nomad Visa group members:
“Yes, quite a few applicants have been approved, but it depends on how you present it. It always has to be converted to fiat.”
“We always recommend our clients to withdraw it to a bank account.”
“Got it. Do you think it’s better to withdraw the values separating the minimum required in 3 months?” – “It’s generally a good idea to have a steady income trail rather than large, lump-sum transfers.”
Conclusion
According to the discussion in the group, using crypto as proof of income for the Spain digital nomad visa is possible but requires careful presentation. The income must be converted to fiat currency, ideally withdrawn to a bank account to provide a clear financial trail.
Some applicants have successfully obtained approval under similar circumstances. Experts recommend maintaining a consistent deposit pattern over multiple months to align with the visa’s financial requirements.
Consulting with a specialized immigration expert familiar with cryptocurrency earnings can also be beneficial.
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