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Moving to Spain
Non Lucrative Visa
The Non Lucrative Visa is an ideal option for those who wish to reside temporarily in Spain without engaging in any work activities in the country. This visa, processed through the Spanish Consulate in your country of origin, allows you to live in Spain for one year, with the freedom to enjoy your personal activities, retirement, studies, or leisure time without the need to seek employment. As the Non-Lucrative visa does not allow you to work in Spain, you are only allowed to receive passive income.
Del Canto Chambers will secure your Non-lucrative Visa
Apply for the Non Lucrative Visa regulated in Organic Law 4/2000 of 11 January on the Rights and Freedoms of Foreigners in Spain and their Social Integration and Regulation of Organic Law 4/2000, approved by Royal Decree 557/2011, of 20 April and benefit from the Spanish residence advantages.
Del Canto Chambers makes the process very easy and straightforward with a step-by-step procedure tailored to your specific circumstances.
Our dual-qualified tax and legal international professionals will guide you on how to transition to living in Spain under the rules and regulations of the Spanish Government while respecting your own country’s tax and legal regulations.
Our Experts in Spanish Visas & Immigration Matters
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Non Lucrative Visa. Are you eligible?
To apply for the Non Lucrative Visa for Spain, you must meet certain criteria and eligibility requirements, including:
- Demonstrate sufficient income to support yourself and any dependents during the residency period in Spain. Financial requirement: 28,800 euros per year (main applicant) and 7,200 euros per year (each family member).
- Have full private medical insurance with an insurance company that operates in Spain.
- Have no criminal record in your country of residence or Spain.
- If you are of working age, you will have to provide proof that you are not working and do not intend to work in Spain. This includes working remotely. This can be proved through a Termination of Employment letter from your employer and your P45 from HMRC.
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What are the benefits of the Non Lucrative Visa?
- Your spouse, dependent children and dependent ascendants who are part of the family unit may also obtain the visa.
- After one year of residence, you can either renew for periods of two years or change to a work residence (as an employee or self-employed)
- The time of residence in Spain counts towards obtaining Spanish nationality.
- This residence permit is renewable for periods of two years, and after residing in Spain for 5 years, you will be able to apply for permanent residency.
What makes Del Canto Chambers the right choice for you?
Del Canto Chambers’ dual-qualified, multilingual tax lawyers have handled over 500 complex cases from Europe, the Middle East, Latin America, and Asia. Discerning London-based and international clients, corporations, solicitors, and tax advisors count on our expertise.
FAQs about the Non Lucrativ Visa
The non-lucrative residency visa is a residence permit that allows third country nationals to reside in Spain without the need to work in the country or engage in commercial activities. It’s ideal for those who have sufficient income to live without seeking employment in Spain.
The main requirements typically include demonstrating sufficient income to sustain oneself in Spain without working, having private medical insurance, having no criminal record, and meeting public health requirements. Additionally, documentation supporting these requirements, such as bank statements, a medical insurance contract, and a criminal record certificate, must be provided.
The initial non-lucrative residency visa is valid for one year, and it can then be renewed for additional two-year periods. After five years of legal residence in Spain, permanent residency can be applied for.
No, the non-lucrative residency visa is specifically designed for those who wish to reside in Spain without working in the country or engaging in commercial activities. If you wish to work in Spain, you’ll need to obtain a work visa or an offer of employment from a Spanish company.
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Let us guide you on our service for the Non- lucrative Spanish Visa
Del Canto Chambers specialists are constantly up to date with new legislative changes and aware of any Spanish tax and legal implications. Contact our Spanish legal and tax specialists to find out the best tax planning and corporate structures in your circumstances.
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