Mexico VS Spain

Mexico

Temporary Resident Visa
Monthly Income $3,400
Tax Status Tax Resident (If center of vital interest)
Processing 1 - 10 Days
Schengen ❌ No
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Spain

Digital Nomad Visa
Monthly Income $2,900
Tax Status Beckham Law (24%)
Processing 20 - 40 Days
Schengen ✅ Yes
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Our Verdict

If you are looking for affordability, Spain is the better choice, requiring $2,900/mo compared to Mexico's $3,400.

However, if you lack monthly income but have savings, you should choose Mexico, which explicitly allows asset-based qualification.