Spain Non-Lucrative Visa

Living in Spain

The Spanish lifestyle is famous across the world, but there is more than just a sunny social life on offer here. HSBC has ranked Spain as the second in the world in terms of enjoyable lifestyle, and the country appeals to those ready and with the time to enjoy it. Approximately half of expats living in Spain are retired, but following the aftermath of the pandemic and remote working, a constantly growing number of foreign residents are remote workers. With its fantastic climate, Spain delivers on its promises. Three quarters of the expats here have lived in the country for at least five years, citing the top-notch quality of life as the main reason for staying. Citizens of the United Kingdom make for the largest proportion of expats, but there is a growing presence among French, German, Italian, Dutch and American citizens.

Non-lucrative Visa

One thing that is common to all the non- EU expats that have chosen to call Spain home, and that is the requirement to obtain a residency permit.  For a certain profile of person, a non-lucrative visa for Spain and Spanish residency is the ideal solution.

The non-lucrative visa is exactly what it sounds like -- once obtained, it allows the bearer (and family members, if applicable) to reside in Spain without working. The key here is that the bearer cannot work for a Spanish employer, which is traditionally interpreted as being retired. However, with the aforementioned remote working on the rise, many people apply for the non-lucrative visa while holding an online job in another country.

Main Requirements

Having enough money in your bank account is the primary factor in the consideration of your application for the non-lucrative residence permit. You need to show the Spanish government that you have the means to support yourself without becoming a burden on the system. The official minimum amount of money you must have to get this residence permit is approximately 26,000 € or around $30,000. Nevertheless, the more you have the better for a successful application. In addition, each family member should have a minimum of 7,000 € or around $7,500 on their account.

Translations for Non-Lucrative Visa for Spain

Once you get all of your documents ready, the next step is to submit your application to the Spanish Consulate or Embassy in your country. In order to do so, all of your documentation will need to be translated from English to Spanish by a professional translation company. Idiomatic USA has ample experience in translating documents for the Spanish non-lucrative visa, and will be happy to assist you.

To get more information, contact Idiomatic USA here.