Non-Lucrative Visa for Spain: criteria, requirements and common mistakes when applying

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Non-Lucrative Visa for Spain: criteria, requirements and common mistakes when applying

Expats from different parts of the world are attracted to the Spanish way of life. Any foreigner who has a sufficient level of financial support can move to the country. Find out what you need to apply for a non-profit visa to Spain and the most common mistakes applicants make

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The Spanish non-profit visa is designed for citizens of non-EU countries who have sufficient financial means to live in the country. Based on this type of permit, an expat can enjoy life in Spain without having to work.

Who can apply for a non-profit visa to Spain? We will talk about the main criteria, requirements and typical mistakes made by foreigners during the preparation of documents below.


Who Should Consider Applying for a Spanish Non-Profit Visa?


A non-profit visa to Spain is for you if you:

- Planning to live in Spain after retirement.

- Have stable passive income outside of Spain.

- You plan to work remotely.

- We would like to spend a year in Spain in order to get a work permit next year.

- Planning to live in Spain before investing in local property or applying for a golden visa.


What does a non-profit visa to Spain allow?


On the basis of a non-profit visa, an expat can:

- Live in Spain for one year: the visa can be extended for another 2 years and another 2 years after that. After five years, there is an opportunity to apply for permanent residence and eventually for Spanish citizenship.

- Alternatively: after 12 months you can apply for another type of visa, such as a work visa or a Spanish golden visa.

- Move with your family: unlike other visas that require you to have already lived in Spain for a certain period before your family moves. A non-profit visa allows your spouse and children to live in Spain with you, provided you can demonstrate sufficient funds.

- Invest funds for income.


What can an expat not do on the basis of a non-profit visa?


- Carry out any type of economic or professional activity in Spain.

- Work in Spain, in a Spanish company or open a branch of your own business in Spain.

- To work in companies located outside the territory of Spain, i.e. to travel between Spain and another country to carry out their work.


What criteria must an applicant meet to obtain a non-profit visa?


In order to apply for a low-cost visa, you must meet certain requirements:

- no criminal record,

- having a valid health insurance policy, as Spanish national insurance does not apply to holders of this type of permit,

 - confirmation of sufficient financial capabilities.


How much money do you need to have to get a non-profit visa to Spain?


To successfully apply for a non-profit visa, you need to demonstrate financial stability. As the main applicant, you must show that:

- your monthly income is 2,400 euros or an annual income of 28,800 euros;

or

- you have savings in the account in the amount of at least 60,000 euros.


If you are planning to move with your family, be prepared to show additional financial capabilities. For each family member included in the non-profit visa application, you must demonstrate an additional €7,200 per year.


How to prove the availability of income to obtain a non-profit visa in Spain?


Any income can be used to confirm the financial stability of the applicant:

- regular monthly income abroad (for example, salary for remote work);

- pensions;

- income generating assets.

To prove your financial stability, you can use bank statements, pension documents and supporting documents from the bank. Savings must be in your name and bank statements must not be older than 6 months.


Common mistakes to avoid when applying for a non-profit visa to Spain


When applying for a non-profit visa, expats often make certain mistakes, we will tell you about the most common of them:


1. Lack of a document confirming the origin of the funds.

According to the requirements, applicants must demonstrate sufficient economic standing through savings or regular income to support themselves and their families.

You will often be asked to provide documentary evidence of the origin of your savings. For example, proof of the sale of the house if it is savings or a copy of the signed lease if the rental property is reported as passive income. Documentary confirmation of share ownership when calculating dividends, etc. The more documentary evidence you provide, the better.


2. Confirmation of the status of an unemployed person

If you are not a pensioner, you will have to provide documentary evidence that you are not working:

- Document on the termination of the employment contract.

- If you are taking leave from your current job, you will need a letter from your employer.

- If you are self-employed/owner of your own company, you will need documents to prove that you are no longer employed.

Failure to provide proof of incapacity at the time of application almost guarantees rejection.


3. Outdated or incorrect documents

Except for the passport, all other required documents must be no older than three months. It is necessary to collect the documents at most a month or two before the registration. You should also take into account the week or more it will take to get them legalized and translated.

Remember that the meetings are very short and only involve an official check that you have provided the necessary documents. If they see that any documents are missing, you will need to make another appointment to bring the correct documentation. If you need a second appointment due to missing documents, you run the risk of your documents expiring and having to renew them.


4. Lack of an appropriate health insurance policy

Health insurance is a mandatory condition for applying for a low-cost visa. You must have private health insurance that covers all illnesses without any additional charges. This requirement is explained by the fact that the Spanish government does not cover any medical expenses for holders of disadvantaged visas.

Your health insurance must be comprehensive and comparable to the services offered by the Spanish public health system. It should cover:

- 100% of medical expenses;

- Minimum coverage of 30,000 euros;

- Hospitalization, surgery and emergency care;

- No exclusions for pre-existing conditions, co-pays or coverage limitations.


5. Compulsory schooling

Another thing to keep in mind when applying for this type of residence is that if you have children between the ages of 6 and 16, you must prepare an education plan for them before applying.

The process consists of enrolling the youth in a public school (many foreigners choose an international school). This should be done without prior confirmation or guarantee that the non-commercial visa application will be approved.


6. Lack of proof of residence in the country

Although the current Law on Foreigners in Spain does not state that proof of residence in the country is a mandatory requirement for residence, there have been cases where some embassies have required it.


7. Errors during the interview

During the interview, the embassy staff will ask a series of questions to verify the veracity of the information in the file and to obtain any additional clarifications they deem necessary.

They will ask about family or work connections that support the application, justification for choosing to live in Spain, whether you have ever visited Spain, etc.

Many people start to get nervous at this point, so be careful with your answers so as not to raise doubts.


A non-profit visa to Spain is a good opportunity for financially independent expats to get a residence permit in the country and enjoy the Spanish lifestyle.


You can find out why Spain is recognized as the best country for digital nomads here. A detailed guide to the health care system in Spain is available at the link.







Igor Usyk - Head of Legal Department at Visit World


To ensure a safe move to Spain, I advise you to contact a specialist. My colleagues, qualified specialists with legal education, will help you avoid unpleasant situations during migration abroad.




Products from Visit World for a comfortable trip:


Checklist for obtaining a visa and necessary documents in Spain;

Legal advice on immigration to Spain;

Travel insurance for foreigners in Spain;

Medical insurance all over the world.




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