A non lucrative visa spain is the best option for retirees, digital nomads, or anyone who wants to live in Spain without working. It is one of the easiest ways to become a resident in Spain and allows you to bring your family over too. It’s also a great way to experience the Spanish lifestyle and to make Spain your home for good.
There are a few things to consider when applying for a non lucrative visa, like how to get your residence card and what documents are required. You will also want to think about how long you plan to stay in Spain and if you’re going to be working while you are there. Once you have decided to apply for this visa, you’ll need to gather the necessary documentation, including a passport that is valid for a year or more, and a copy of all pages. You will also need your current foreigners’ identity document (Tembro de Inmigrante Extranjero, or TIE).
Once you have all of the documentation together, it’s time to submit it. The process of obtaining a non lucrative visa can take up to 3 months from when you submit your application. You will be notified about the status of your application within this period.
In most cases, you will need to visit the office of the foreigners’ department in person to submit your documentation and to have an interview. At this appointment, you’ll be fingerprinted and then given a date when you can come back to pick up your residency card, which is called a Permiso de Residencia (PR). The PR will allow you to legally reside in the country for 1 year. You can renew it for another 2 years, and after 5 years of residence you’ll be able to apply for permanent residency.
Compared to the Golden Visa, which requires a minimum of EUR500,000 in real estate, the non lucrative visa is much cheaper and easier to obtain. The main difference is that with the non lucrative visa you are not obligated to work in Spain, but you will still need to show that you have sufficient income or savings to cover your living expenses in the country.
There are many other benefits to this type of visa, such as the ability to travel freely within the Schengen area. However, you’ll need to respect the entry requirements of each state that you enter. Also, you must purchase private health insurance in order to be able to prove that you can access healthcare in the country. We recommend that you speak with our expert consultants at BCN Life before applying for your Non Lucrative Residency Visa. They will help you navigate the complex world of Spanish visas and ensure that your application is complete. They will also set you up with private health insurance that meets the requirements of the immigration office. They are the leading experts on the subject and have a proven track record.
