I want to apply for a nomad visa in Spain next year. I have 1099 income and make pretty decent income. Currently I live in one of the most expensive cities in the us and just getting over the us. I travel to Europe at least twice a year and spent 6 weeks in France this summer so I love Europe. I know not all europe is the same but just giving some context. I am mexican American and speak fluent Spanish. My only concerns are taxes might be high, racism towards Latinos in Spain, and finding a nice rental. I am not really losing anything moving there I can always come back but moving international is just a bit scary.
I’d totally go for it. I moved to Europe at 30 and it was amazing. Just a few things to think about:
it’s very hard at first and lonely even if you know the language, be prepared for that and don’t feel like you’ve failed or anything if you feel unhappy at times
Keep in mind what happens if you want to stay permanently- I originally moved for 1 year and ended up now permanently in Europe because I love it and I fell in love with someone here. However it has a big effect - like I’m very far from my family, my retirement now is a mess, investment is complicated because I have assets still in the US, etc. All manageable stuff but just be prepared
Also in terms of staying longer - be clear on what your visa allows and if you can renew and if there is the possibility to convert to long term residency.