Nomad Watch

Digital Nomad Residence Permit vs Digital Nomad Visa (Visa Nómada)

Nomad visa comparison: Montenegro and Ecuador. Income, fees, tax, duration, work rights and more.

Overview

Overview
ME Digital Nomad Residence Permit EC Digital Nomad Visa (Visa Nómada)
Country Montenegro Ecuador
Program type Formal dn visa Formal dn visa
Status Active Active

At a glance

At a glance
ME Digital Nomad Residence Permit EC Digital Nomad Visa (Visa Nómada)
Duration 24 mo (max 48 mo) 24 mo
Income requirement $1,460/month $1,446/month
Application fee $70 $320
Tax status Exempt Standard
Renewable Yes Yes

Financial requirements

Financial requirements
ME Digital Nomad Residence Permit EC Digital Nomad Visa (Visa Nómada)
Income requirement $1,460/month $1,446/month
Application fee $70 $320
Dependent fee $35 —
Income per dependent — $250 / mo

Duration and renewal

Duration and renewal
ME Digital Nomad Residence Permit EC Digital Nomad Visa (Visa Nómada)
Initial duration 24 months 24 months
Maximum duration 48 months —
Renewable Yes Yes
Cooldown 6 months —

Tax regime

Tax regime
ME Digital Nomad Residence Permit EC Digital Nomad Visa (Visa Nómada)
Tax status Exempt Standard
Tax rate 0% —
Foreign income taxed No Yes
Tax residency trigger 183 days 183 days

Eligibility and requirements

Eligibility and requirements
ME Digital Nomad Residence Permit EC Digital Nomad Visa (Visa Nómada)
Freelancers eligible Yes Yes
Employees eligible Yes Yes
Degree required No No
Health insurance Required Required
Criminal record check Required Required
Accommodation proof Required Not required
Employment proof Required Required

Work rules

Work rules
ME Digital Nomad Residence Permit EC Digital Nomad Visa (Visa Nómada)
Local work allowed No No
Work permit included No No

Family and dependents

Family and dependents
ME Digital Nomad Residence Permit EC Digital Nomad Visa (Visa Nómada)
Dependents allowed Yes Yes

Mobility and long-term path

Mobility and long-term path
ME Digital Nomad Residence Permit EC Digital Nomad Visa (Visa Nómada)
Multiple entry Yes Yes
Schengen access No No
Apply in-country Yes Yes
Open a bank account Yes Yes
Path to residency No Yes(2 yrs)
Path to citizenship No Yes(3 yrs)

Application process

Application process
ME Digital Nomad Residence Permit EC Digital Nomad Visa (Visa Nómada)
Method Online, embassy, in country Online
Processing time ?–40 days 10–30 days
Nationality restriction Non eu All
Free views Sign up free