Extremadura lures remote workers with €16,000 relocation incentive
People working remotely and those who love Spain have a unique opportunity to move to this country and earn money. One of the regions has created an extraordinary offer for digital nomads.
The authorities of the Spanish region of Extremadura offer remote workers up to €13,500 to relocate to this region.
Extremadura - a fascinating region of Spain
This autonomous community borders Portugal and the Spanish regions of Castile and León, Castile-La Mancha, and Andalusia.
Although it does not have access to the sea or ocean, it boasts a fascinating history and many beautiful towns. Nature reserves or wild mountain ranges attract tourists. The Old Town of Cáceres, Roman monuments in Mérida, and the Guadalupe Monastery are listed as UNESCO World Heritage Sites.
At the same time, Extremadura is one of the least developed regions. It has one of the lowest GDP per capita in the country and one of the highest unemployment rates at 17.6%, compared to the national average of 11.9%.
Extremadura is one of Spain's most sparsely populated regions, and its population is continuously declining. To address this, the authorities of Extremadura have decided to allocate €1,950,000 to assist in relocating 200 remote workers.
In addition to financial aid, digital nomads will surely appreciate the low cost of living. In Badajoz, compared to Madrid, they will pay, on average, 30% less for meals out, public transport, and utilities.
Who can apply for the grants in Extremadura?
Extremadura is targeting remote workers who are highly skilled professionals in the technology sector. You must be able to work remotely and commit to living in the region for at least two years.
Women, young people under 30, and those who decide to live in towns with fewer than 5,000 residents qualify for grants of €10,300. Others will receive €8,400.
Those in the first category who decide to stay an additional year after the initial two years will receive a second instalment of €4,900, and others €4,000.
The exact date for the start of applications has not been confirmed yet. Still, the authorities state it will be the day after the programme is published in the Official Journal of Extremadura, most likely in mid-September.
Applications will be accepted until all funds are allocated, which will not be shorter than a month but no longer than a year.
