How to Get a Spain Non Lucrative Visa
The spain non lucrative visa is one of the best options to move to Spain from outside the EU. It is for those who wish to live in Spain without working, but with a passive income (pensions, rents, dividends…). It is the easiest and most accessible way to live in Spain. If you are thinking about moving to Spain, this article will help you understand all the steps involved and how to obtain your Spanish non lucrative visa.
The Non Lucrative Visa allows you to live in Spain and travel throughout the Schengen area for a year. It is renewable for 2 years and can be converted into a permanent residency permit after 5 years in Spain. This is ideal for people who want to get a feel of the country before investing.
How to Get a Non Lucrative Visa in Spain
The process of obtaining a non-lucrative residence visa is similar to that of the Golden Visa, but does not require you to invest in a property or business in Spain. Instead, you must demonstrate that you have sufficient financial resources to support yourself and your family while living in Spain. These resources can come from any source, including pensions, annuities, real estate investments, and even sabbaticals.
To apply for this type of visa, you will need to submit various documents to the Spanish Consulate in your home country. These include a criminal record certificate, which needs to be translated into Spanish and legalized, as well as proof of financial means. In addition, you will need a medical certificate and a photocopy of your passport.
Once you have all of the documentation in order, it’s time to submit your application at the consulate. Be sure to schedule your appointment in advance, as processing times can be long. You will also need to provide a certified translation of your documents, which is usually done by an interpreter or by a translator who is authorized by the Spanish consulate.
Once your non-lucrative visa is approved, you can start enjoying your life in Spain! Remember that, as a resident, you will be taxed on your worldwide income (except for some countries with double taxation agreements). You will also need to maintain private health insurance.
The Non Lucrative Visa is valid for a year and can be renewed for two more years, provided that you spend a minimum of 183 days in Spain each year. After five years, you can convert it into a permanent residence permit, which will allow you to work legally in Spain.
At BCN Life, we coordinate your entire process to obtain a Non Lucrative Visa to live in Spain. We have a team of Harvard Law American expats and official translators in Spain who will ensure that your application is prepared properly and submitted on time. Plus, we can set you up with the required private health insurance. Click here for more information about why you should choose us to handle your application.
