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
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| Country | Montenegro | Ecuador |
| Program type | Formal dn visa | Formal dn visa |
| Status | Active | Active |
At a glance
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| 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
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| Income requirement | $1,460/month | $1,446/month |
| Application fee | $70 | $320 |
| Dependent fee | $35 | — |
| Income per dependent | — | $250 / mo |
Duration and renewal
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| Initial duration | 24 months | 24 months |
| Maximum duration | 48 months | — |
| Renewable | Yes | Yes |
| Cooldown | 6 months | — |
Tax regime
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| Tax status | Exempt | Standard |
| Tax rate | 0% | — |
| Foreign income taxed | No | Yes |
| Tax residency trigger | 183 days | 183 days |
Eligibility and requirements
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| 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
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| Local work allowed | No | No |
| Work permit included | No | No |
Family and dependents
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| Dependents allowed | Yes | Yes |
Mobility and long-term path
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| 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
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| Method | Online, embassy, in country | Online |
| Processing time | ?–40 days | 10–30 days |
| Nationality restriction | Non eu | All |