Mallorca

In welcome news, the regional government of the Balearic, which includes the islands of Ibiza, Mallorca, Menorca and Formentera, has announced significant changes to its wealth tax.

Mallorca’s property market is in top gear, welcoming over 200,000 cyclists each year with many looking to rent or buy property in Spain.

Plans are afoot for a new digital nomad visa according to Spain’s Ministry of Economy.