The Non Lucrative Visa Spain: How to Retire or Live in Spain Without Working
Spain is a popular destination for retirees and digital nomads alike. The country offers a warm climate, beautiful scenery, and a rich culture. But how can you live in Spain without working?
One option is to apply for a non-lucrative visa. This visa allows you to live in Spain without working, as long as you can prove that you have sufficient financial means to support yourself.
What is the Non Lucrative Visa Spain?
The non-lucrative visa Spain is a type of visa that allows foreigners to live in Spain without working. To qualify for this visa, you must meet the following requirements:
- You must be a non-EU citizen.
- You must have a valid passport.
- You must have a clean criminal record.
- You must have sufficient financial means to support yourself and any dependents.
- You must have private health insurance that covers you in Spain.
How Much Money Do You Need to Live in Spain?
The amount of money you need to live in Spain depends on your lifestyle. However, you will need to show that you have at least €26,000 in savings or a monthly income of €2,250. This amount is enough to cover your living expenses, such as rent, food, and transportation.
How to Apply for a Non Lucrative Visa Spain
To apply for a non-lucrative visa Spain, you must first gather the required documentation. This includes:
- A completed visa application form
- A valid passport
- A recent color passport photo
- A criminal record certificate
- A financial statement showing that you have at least €26,000 in savings or a monthly income of €2,250
- A health insurance policy that covers you in Spain
You can apply for a non-lucrative visa Spain at the Spanish embassy or consulate in your home country. The processing time for the visa is typically 6-8 weeks.
Once you have been granted a non-lucrative visa Spain, you can stay in the country for one year. You can renew your visa for another year, and you can apply for permanent residency after five years.
Benefits of the Non Lucrative Visa Spain
There are many benefits to living in Spain on a non-lucrative visa. These include:
- The warm climate: Spain enjoys a warm climate year-round, making it a great place to escape the cold winters in other parts of the world.
- The beautiful scenery: Spain is home to stunning scenery, from the snow-capped peaks of the Pyrenees Mountains to the sandy beaches of the Costa Brava.
- The rich culture: Spain has a rich culture that dates back centuries. You can enjoy everything from flamenco dancing to bullfighting.
- The affordable cost of living: The cost of living in Spain is relatively low, making it a great option for those on a budget.
If you are looking to retire or live in Spain without working, the non-lucrative visa is a great option. With its warm climate, beautiful scenery, and rich culture, Spain is a great place to call home.
Here are some additional tips for applying for a non-lucrative visa Spain:
- Start the application process early. The processing time for the visa can take several weeks, so it is important to start the process as early as possible.
- Be prepared to provide documentation of your financial means. You will need to show that you have enough money to support yourself and any dependents while you are living in Spain.
- Hire an immigration lawyer. If you are not familiar with the Spanish immigration system, it is a good idea to hire an immigration lawyer to help you with your application.
I hope this article has been helpful. If you have any further questions, please feel free to ask.