Non-Lucrative visa Spain: The Complete Guide NLV Spain 2024

What is the easiest visa to live in Spain? For many, the answer is the Spanish Non-Lucrative Visa, also known as the Spain Passive Income Visa. This visa allows non-EU nationals to live in Spain without working or doing any professional activities. Ideal for those who can demonstrate sufficient financial means to support themselves during their stay.

The non-lucrative visa is an easy way to get permanent residency in Spain. It lets holders apply for an initial one-year residency permit. You can extend this permit for up to four more years if you continue to meet the income and savings requirements.

Navigating the visa application process can be complex. Our experienced team of immigration lawyers is here to help you every step of the way. We are here to help with gathering documents and ensuring your application meets all requirements

Contact us today to discuss how we can assist you in making your move to Spain smooth and successful.

Key points for NLV Spain

Important information for NLV visa holders in Spain, including income criteria for 2024. To apply for this visa, candidates must demonstrate a minimum monthly income of €2,400 (400% of IPREM). Additional income is €600 per month (100% of IPREM) for each additional family member.

• Benefits of the Visa Prolonged residence: Allows for a longer stay in Spain without the necessity to work.
• Quality of life: Experience the Spanish lifestyle and culture without the stress of work.
• Application Process: You need to provide documentation for the application process.. Valid passport, proof of income, medical insurance, spain non lucrative visa income requirements, etc.Application: Submit the application to the appropriate Spanish consulate.

The non-lucrative Visa Spain is the most convenient way to live in the country. However, you must meet certain standards.

What is a non-lucrative visa Spain?

Non-European citizens can obtain a one-of-a-kind residency permit in Spain with this visa. This visa is for persons who want to live in Spain for a long time.

Spain will not allow you to work while on this visa. This is the most popular visa for living in Spain.

As opposed to the golden visa, there is no requirement to invest in Spanish real estate. However, the applicant must demonstrate that they have sufficient funds to reside in Spain for at least a year without working.

After the first year of residency in Spain, individuals can renew their visa every two years.

After five years, you can apply for permanent residency.

Additionally, this visa allows you to bring family members, provided you have sufficient funds to support them.

Spanish non-lucrative visa requirements

To apply for a Non-Lucrative Visa in Spain, you must meet the following qualifying criteria:

• Sufficient Economic: The IPREM adjusts the figure each year to provide funding for their stay in Spain. In 2024, the required amount is €28,800 per person.
• No employment or economic activity: Proof that you don’t work anywhere in the globe.
• Background Check: You must show that you have no criminal history or that you committed a crime a long time ago. This point may be subjective, depending on the consulate. One of our attorneys would need to analyze your situation.

The main requirements for the non-Lucrative visa are as follows:

To qualify for the non-lucrative visa, applicants must show they have sufficient funds to live in Spain. This visa prohibits working in Spain, which is the primary requirement.

The Spanish government requires proof that applicants have enough money to cover their living expenses. They want to avoid incurring additional costs for visa holders.

Specifically, the primary applicant needs to demonstrate that they have at least 28,800 euros. If you bring family members, you must provide an additional 7,200 euros for each person.

You have to do this verification at each renewal of your non-lucrative visa and adjust to the IPREM of that year.

When you include dependents in your visa application, it’s essential for family members to submit all the mentioned documents. You do not need to submit proof of financial means. Additionally, different family members require specific documents.

• Minor Children: Provide the birth certificate issued by the civil registry.
• Spouse: Include the marriage certificate issued by the civil registry.
• Partner: foreign documents substantiating an unmarried partnership with the applicant.
• If you are adding a partner: submit the certificate of registration. It must show that you are an unmarried couple. Also, submit any other document substantiating an unmarried partnership with the applicant.
• Adult Children: Include documents demonstrating financial dependence. Also, include the adult child’s civil status and proof that they continue to be part of the family unit.
• Parents: Should submit required documents that confirm their financial dependence. They should also confirm their status as part of the family unit.

All bank withdrawals abroad must be in euros or in any currency but converted to euros.

How to prove that you have enough funds to stay in Spain with the non-lucrative visa in 2024?

To qualify for a non-lucrative visa, applicants must show they have enough reliable financial resources to live in Spain without working. You can use various documents to prove your financial means while staying in Spain. This evidence includes:

Bank Statements: Provide bank statements for the last 6-12 months before the application date. These should show a stable income or balance, demonstrating your savings. Bank statements cannot be more than 6 months old, and they must prove that the money is available to you. You should submit the statements to the Spanish consulate.

• Investments: You can use evidence of investments, such as property, stocks, or bonds. Submit documentation that reflects the value and stability of these investments.
• Pensions: If relying on a pension, provide official documentation showing regular pension receipts. This documentation should verify that you receive a stable income.
• Provide documentation of other income sources, such as rental income, dividends, or additional financial support

For example, having €15,000 in savings and a €15,000 annual pension qualifies you for the visa.

You also need a bank document to verify your credit cards and property value. You can spread the required funds across multiple bank accounts.

The main applicant must have these savings in their name or on their behalf. Dependents must provide a marriage certificate or birth certificate.

You must have a Spanish sworn translator apostille and translate these certificates to confirm they are for the main applicant.

Documents required to apply for a non-lucrative visa application

To process your non-lucrative visa application smoothly, make sure to gather and submit all required documents accurately. Each document plays a crucial role in verifying your status and complying with the consulate’s requirements. Ensure all documents are up-to-date, properly completed, and meet the Spanish Consulate’s criteria.

1. National visa application form
2. Non-working residence visa application form
3. Photograph
4. Valid, unexpired Passport
5. Proof of financial means
6. Health insurance
7. Criminal Record Certification
8. Medical Certification
9. Proof of residence in the consular district.
10. Fee Settlement.

Our lawyers will help you obtain the necessary documents for your visa application. They grant the initial visa for one year. You need to apply at your local Spanish consulate.

Below is a list of key documents required by the Spanish Consulate for a successful visa application:

• Complete and sign your visa application.
• Ensure all information is accurate and complete. Errors or missing information may lead to rejection.

If they decline your Non-Lucrative Visa application, we will notify you in writing.

The communication will explain the reasons behind the decision. To avoid errors, you must be attentive when filling out the details. Our team of lawyers can assist you throughout the process to avoid issues. Annually, we process over 500 visa applications, with a success rate of 100%.

Non-lucrative visa application forms in Spanish

Applicants must complete and sign their visa application forms. Authorities may deny the application if it contains incorrect or incomplete details. The authorities could dismiss the non-lucrative residence permit as a result. We will send written notification to applicants if we deny their Non-Lucrative Visa. The notification will outline the grounds for the decision. You careful in the details you are filling in to avoid mistakes. Our team of lawyers can help you in this whole process to avoid problems. Every year we file over 500 visa applications. All have met with success.

• Passport photo

Passport photo Applicants for a Spain passive income visa must include a passport photo. You must have a professional take your passport photo with a white background. Selfie images are not acceptable for submission. The applicant’s face must be visible, and the photo size should be 3×4 cm. Visa applicants must provide both the original and a photocopy of the first page of their passport. In addition, you must send the original passport’s biometric data page(s) and a photocopy. Passports must be valid. It must have a minimum validity of one year. You must issue the application within ten years before submitting it. Furthermore, the passport must have at least two blank pages accessible for stamping the Spanish visa.

• Your Travel Document

Visa applicants must have the original and a photocopy of the first page of their passport. Besides, you must submit the original passport’s biometric data page(s) and a photocopy. The passport must be valid. It must have a minimum validity period of 1 year. You must issue the application within ten years before submitting it. Furthermore, the passport must have a minimum of 2 blank pages available for stamping the Spanish visa.

• Police Clearance Certificate

Police Clearance Certificate Applicants must produce an apostilled criminal record certificate. We must also convert it to Spanish. A Spanish government-approved sworn translator must translate it. Our legal staff can assist you with this translation. The applicant must provide their criminal record from all countries where they lived for at least 6 months in the previous 5 years.

• Private Health Insurance

Applicants for non-lucrative visas must have private medical insurance. This requirement also applies to all other types of Spanish visas. Each applicant must have their own insurance policy, and each participant will receive their own visa. The Spanish government does not wish to incur additional expenses for visa applicants.

Insurance Requirements:

• Comprehensive Coverage: The policy must be fully comprehensive, covering all health issues without any deductibles or co-payments. This means it should cover all ailments and medical expenses without additional costs.
• Duration: The insurance must be valid for at least one year and active for the entire period.
• Authorized Insurer: You must register the insurance policy with an insurer approved by the Spanish administration.
• Payment Terms: You must pay the insurance policy in full for one year in advance. There should be no additional costs associated with the policy.

British citizens can submit the S1 form, and we can help with online registration for Spanish social security. Another option is to purchase private health insurance, and we can help complete this before your consular appointment.

Applicants must also present a completed Ex-01 form and a medical certificate indicating good health. The certificate must confirm that the applicant has no significant health problems.

Need Assistance for your private health insurance for non-lucrative visa Spain?

We work with several insurance companies that offer special rates for our clients. Contact us for help selecting the right insurance policy and getting the best coverage at a good price.

When and where to apply for a non-lucrative visa for Spain

You must apply for this visa at least 90 days before you travel to Spain. The Spanish consulate has up to three months to approve your visa. You must submit your visa application to the Spanish embassy or consulate in your place of residency. Ensure you have approval before traveling to Spain. Tourists in Spain cannot apply for this visa.

Interview for your non lucrative visa Spain

The interview is a necessary requirement for the Spain visa application. For this interview, you must present the required documents and forms. During the interview, you must present all visa-related papers. The interviewer conducts the interview, depending on the individual. If they do not trust the applicant, they ask many more questions. They want to confirm the accuracy of the presented information.

Spanish Non-Lucrative visa fee/Cost

Applicants must pay the visa fee on the day of submission at the Spanish Consulate or BLS Spain. The visa fee varies by country of origin. For instance, in the UK, the application fee for 2024 is £516 per person, plus a £9.45 processing fee. In the United States, the application fee is $152. Additionally, applicants may need to pay a residence permit fee and a BLS service fee.

Contact us for the exact cost of a non-lucrative visa application from abroad.

Non-lucrative visa 2024 application processing time

The review might to three months. If “administrative silence” rejects your application, the process will take longer. When the Spanish Consulate approves the visa, the applicant must enter Spain within three months. The applicant must then go to the police station and apply for the PADRON and TIE card (residency card).

How to apply for a non lucrative visa in Spain?

You can apply for this visa through one of our lawyers. They will assist you in getting any required documentation. They will make sure it is perfect on the day of the presentation at the Spanish consulate. Our clients leave feedback on Google or Trustpilot. They say the procedure is simple and quick.

Get your TIE to finish the residence procedure in Spain. The visa bears the NIE Spain stamp. This number identifies a foreigner seeking to create a bank account or purchase property in Spain. The NIE number is unique to each foreigner and does not expire. After entering Spain with a non-lucrative visa, our lawyers can help you get a foreigner identification card (TIE). To receive the TIE, you must first register in the place where you plan to live in Spain (PADRON paperwork). Book a police appointment to register your fingerprints. You can collect your TIE (Foreigner Identity Card) within a few days.

Spanish Non-Lucrative Visa taxes

At My Spain Visa, we understand that moving to Spain on a non-lucrative visa involves tax responsibilities. Spending more than 183 days a year in Spain makes you a tax resident, with important obligations

Tax Residency in Spain with a Non-Lucrative Visa

If you hold a non-lucrative visa and live in Spain, you may become a tax resident. Here’s a quick overview of what that means:

• Tax Residency Requirement: To be a tax resident, you must spend at least 183 days per year in Spain.
• Global Income: You must declare all worldwide income to Spanish tax authorities. Income tax rates are 19% for earnings from within the EU and 24% for earnings from outside the EU.
• Capital Gains: Profits from investments and property sales are taxed with a minimum rate of 19%.
• Annual Tax Return: You must file an annual tax return reporting all income and assets.
• Double Taxation: Spain has agreements to prevent paying tax on the same income in both Spain and other countries.
• Wealth Tax: High-value assets in Spain or abroad may be subject to wealth tax.

At My Spain Visa, we help you avoid paying tax twice on the same income using Spain’s double taxation agreements. In addition, we help you understand how wealth tax can affect you, especially if you own high-value assets in Spain or abroad.

What Are the Advantages of Residing in Spain with a Non-Lucrative Visa?

The non-lucrative visa for Spain offers many benefits for those who want to live in Spain without working or investing. Here are some key advantages:

• Easy Residency Process: The non-lucrative visa is one of the fastest ways to obtain residency in Spain. With the assistance of a lawyer, the application process can be straightforward.
• Full-Time Residency: This visa lets you live in Spain year-round, enjoying its lifestyle and amenities all year.
• Schengen Travel: This visa lets you travel to 26 Schengen countries for 90 days within 180 days, without needing another visa.
• Family: With a non-lucrative visa, you can also bring your spouse and children to live with you in Spain. You will need to demonstrate that you can financially support them.
• Path to Long-Term Residency and Citizenship: You can renew the non-lucrative visa, initially granted for one year, to pursue long-term residency and citizenship.. Subsequent renewals extend the permit to two years each. After five years of continuous residence, you may be eligible to apply for long-term residency. Additionally, after ten years of residency, you may apply for Spanish citizenship.
• Access to Public Healthcare: After a year in Spain, you can access public healthcare by paying a monthly fee for coverage.
• Educational Opportunities: The non-lucrative visa allows you to enroll in educational programs and even participate in internships, provided they are educational in nature. This can be a great way to enhance your skills and knowledge while living in Spain.

• No Investment Required: The non-lucrative visa does not require an investment in Spain, unlike the Golden Visa. This makes it a viable option for those relying on passive income, such as pensions, rental income, or dividends.

What should you avoid during an application visa?

Accurate form filling and legal document acquisition are critical. During the submission process, consulate authorities may ask a series of questions to verify your information. We recommend working with one of our attorneys. They can assist you in completing a simple and inexpensive visa application process. Given our outstanding 99% success rate, it’s an excellent decision.

Frequently Asked Questions Spain non-lucrative visa

In summary, the non-lucrative visa spain uk is perfect for people from the UK, US, Canada, and other countries who want to live in Spain without working. If you have the financial means and are seeking a new lifestyle in Spain, this visa could be ideal for you. Contact us today to how we can help you with your Spanish residency application, no matter where you’re from.