What is Non-Lucrative Residence Visa for Spain?
The Spanish Non-lucrative Visa, also known as Spain NLV, is designed for individuals and families seeking residency in Spain without working. Just prove your financial stability, and you're on your way to embracing all that Spain has to offer.
Who Can Benefit from a Non-Lucrative Visa in Spain?
Non-EU citizens with sufficient funds to live in Spain without engaging in lucrative activities, here are some examples:
- Individuals wishing to retire in Spain
- Families looking to move to Spain at a lower cost
- Individuals planning to take a gap year without engaging in employment
- Individuals undertaking unpaid internships or volunteering in Spain but unable to obtain a student visa
- Individuals interested in investing in Spain but not meeting the requirements for a Golden Visa
- Individuals who want to find a job or become self-employed in Spain after at least one year
Main Benefits of the
Non-lucrative Visa in Spain
Family Inclusive
Experience Spain's vibrant culture with your entire family—the main applicant can bring along their spouse and minor children.
Long-Term Security
Secure your family's future with our visa—initially valid for 1 year with 2 subsequent renewals of 2 years each, granting you long-term residency in Spain.
Schengen Mobility
Unlock endless adventures within the 26 Schengen countries, allowing you to freely explore Europe's diverse landscapes.
Easy Application and Renewal
The Spanish Non-Lucrative Visa offers a straightforward application process and renewal requirements, providing applicants with a much easier application experience compared to other Spanish residency visas.
Potential for Transition to Working Permit:
Open doors to new opportunities after just one year—it permits the transition to a working permit, further expanding your prospects in Spain.
Investment and Internship Opportunities
With a Spanish Non-Lucrative Visa, you can invest in Spain's economy, eg. through property or shares in Spanish companies. It's also suitable for individuals seeking non-paid internships, and volunteers when ineligible for student visas.
Requirements for the Non-lucrative Visa in Spain
- Valid passport and completed application forms
- Proof of sufficient funds to support all applicants without working in Spain
- Criminal record certificates (legalized and apostilled)
- Medical certificates for all applicants
- Health insurance for all applicants: comprehensive coverage, no co-payment, no waiting period
- Proof of residence address in Spain
*Depending on the place of application, nationality, and number of applicants, the detailed requirements may vary.
Frequently Asked Questions
What is the monetary requirement for obtaining the Non-lucrative Visa in Spain?
For a single applicant, the typical requirement is equivalent to 400% of the IPREM (€28,800 for 2024). Each additional family member needs an extra 100% (approximately €7,200 for 2024). However, this amount may vary depending on the application location and nationality. If you would like to learn more, please contact us.
Do I need to have the money in a Spanish bank account?
No. In most cases the funds can be kept in your bank account from your home country, provided the main applicant is the account holder. However, requirements may differ based on the application location and nationality. If you would like to learn more, please contact us.
Which family members can I bring to Spain with me on the Non-lucrative Visa?
In most cases, the applicant can bring their spouse and minor children, granted that sufficient funds to support all applicants and proof of relations are provided. Other relatives like parents may require more complex documentation. If you would like to learn more, please contact us.
When can I apply to the Spanish Non-lucrative Visa?
Applications must be submitted within three months of the planned travel date.
How long will my Spanish Non-lucrative Visa take?
On average, the application process takes around 3 months. However, the timing cannot be guaranteed as it varies based on your respective consulate, individual circumstances and the time of the year in which you apply.
If my Spanish Non-lucrative Visa gets denied, can Innolegals help?
Certainly! Our immigration attorneys assist with appeals, resubmissions and other legal actions. If you would like to learn more, please contact us.
What is the process for renewing the Non-lucrative Visa in Spain?
After a year in Spain with the Non-lucrative visa, the applicant must apply for renewal within the legal timeframe which is between 60 days before the card's expiration date up to 90 days after. Renewal requirements mirror the initial application, with doubled financial funds for a two-year renewals.
Do I need to pay taxes on the Non-lucrative Visa in Spain?
Yes. Residing in Spain for at least 183 days out of the year will make you a tax-paying resident, meaning that you will have to pay income tax on worldwide income. Our profesionals can guide you through these tax obligations and any potential exemptions.