Comparison Between Brazil's and Costa Rica's Digital Nomad Visas
In the ever-evolving world of remote work, two popular destinations for digital nomads are Brazil and Costa Rica. Both countries offer digital nomad visas, providing temporary residency to remote workers looking to live abroad. Let's explore the key differences between these two visas.
Firstly, the financial requirements for each visa vary. To qualify for the Brazil digital nomad visa, you need to demonstrate a monthly income of $1,500 or have $18,000 in your bank account. Costa Rica, on the other hand, requires a monthly income of $3,000. It's worth noting that the costs associated with applying for a digital nomad visa in Costa Rica are significantly higher than those in Brazil.
The decision to choose a digital nomad visa is not one to be taken lightly. Factors such as finding an apartment, understanding driving regulations, opening bank accounts, and understanding tax implications are all important considerations. Navigating the application process on your own can be challenging, especially when dealing with embassies or consulates.
One way to simplify the process is by seeking assistance from immigration lawyers, such as those offered by Nomads Embassy. They can help guide you through the application process, making it less daunting.
Both Brazil and Costa Rica do not require proof of accommodation during the visa application process, giving nomads the flexibility to find their perfect home upon arrival. Once in the country, digital nomads can renew their visas, allowing them to stay for up to two years. However, it's important to note that both visas can only be renewed once.
When it comes to income, it must be earned remotely, either as an employee, the owner of a company, or a freelancer working for clients outside the country. Brazil requires a certified criminal background check from the applicant's country of residence, while Costa Rica does not.
Tax implications differ between the two countries. Costa Rica offers tax-free living for digital nomads, as well as the ability to import up to two vehicles and remote work equipment tax-free. Brazil, however, does not clearly state whether digital nomads will be considered tax residents.
Lastly, it's important to note that digital nomad visas do not allow seeking local employment in the country. If you're considering a digital nomad lifestyle, remember that each visa comes with its own unique set of requirements and benefits. To determine your eligibility, you can request a free check from Nomads Embassy and start your journey towards a new adventure.
