How to live in Spain with the Spanish non lucrative visa

Posted On Thursday, 07 April 2022 05:52

Spain has always been an idyllic place to live for non-EU citizens, as this country is full of life and it is also a very convenient destination. 

Spain not only has splendid weather with long hours of sun or a rich gastronomy, but it also has a great quality of life, a wide cultural offer and, what is more, a low cost of living. So, for that reason, we want to talk to you about how to move to Spain with the Spanish non lucrative visa.

What is the Spanish non lucrative visa? 

If you are looking to retire in Spain or simply, for spend some time living in this country, maybe you can think of getting a non lucrative visa.

But, what is the Spanish non lucrative visa? This visa is the perfect solution for those people that want to live in Spain for a concrete period of time, as this residence permit does not require the visitors a work contract or other complex requirements.

For that reason, this visa is a good choice if you are planning to move to Spain and do not want to get desperate with all the paperwork and bureaucracy. 

Main characteristics of the Spanish non lucrative visa?

First of all, this type of visa is ideal for non-EU citizens due to its requirements, as it only requires having enough economic means. Due to that, we are talking about a permit that does not allow you to carry out any professional activity in Spain, as this visa has a non-profit nature. 

In consequence, and as we said before, the only thing you need to prove is a guarantee that you have enough funds to stay in the country, although it is possible to make any kind of investment with this permit.

In the second place, its main characteristic is that the non-lucrative visa allows you to move to the country for a year, so it can be considered as an initial residence authorization

Once this initial year is over, this visa can be renewed every two years, until you are able to obtain the permanent residency permit when you have lived in Spain for 5 years. Another thing to know is that you can also ask for this permit for your relatives, so you can bring them to the country too.

How do you need to get the Spanish non lucrative visa 

Now you know every detail about the Spanish non lucrative visa, it is time to have all the information about how to obtain this permit.

First of all, you need to prove that you have a minimum amount of money, which in this case is the 400% of the IMPREM, annually, in your bank account.

Another requirement that is needed to move to Spain with the non lucrative visa is having a private health insurance policy with full coverage, so the state does not have to include you in its national healthcare system.

 So, whether you want to retire in Spain, discover the country or stay there with no income, the Spanish non lucrative visa is the easiest permit that you can get to move to this place.

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