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Spain NLV Visa
If you aspire to live in Spain for an extended period of time, Spain NLV Visa might be just what you need. Non-lucrative visa Spain allows non-EU citizens to live in Spain for up to three years without engaging in any work or business activities.
Program Overview:
Spain NLV Visa is designed for individuals with financial means to support themselves and their families during their stay in Spain without the need for employment.
This visa is ideal for retirees, freelancers, remote workers, and those seeking to relocate for personal reasons.
Holders of Spain NLV Visaare granted residency rights, allowing them to reside in Spain for an initial period of one year, which can be renewed annually, eventually leading to permanent residency or citizenship.
To qualify for the Spain NLV, applicants are required to demonstrate a stable and regular source of income, usually from pensions, investments, or other financial means, proving their ability to cover living expenses without working in Spain.
Requirements:
- You must receive a fixed monthly amount from a permanent source of income, such as a trust fund or retirement pension. This cannot be a salary as it could be misunderstood that you need to work during your stay in Spain. The amount must be at least €2,200 a month, plus €550 a month for every family member that is joining you. Typically, the applicant must show bank statements to prove this.
- You need to have private health insurance with full coverage. Only Spanish and EU citizens can use public healthcare in Spain. Some places, like Madrid, restrict access to their healthcare system for the first year of residency.
- You need to show other paperwork like a clean police record and a medical certificate. You could also need paperwork from the civil registry of your home country if you move with your spouse.
Program Benefits:
Residency in Spain: Spain NLV Visa grants individuals and their families the right to reside in Spain for a year initially, renewable annually, without engaging in work-related activities.
Flexible Stay: Spain NLV Visa holders can stay in Spain for extended periods and eventually apply for permanent residency or citizenship, providing long-term settlement options.
No Work Restrictions: The visa does not require visa holders to undertake employment in Spain, allowing individuals the freedom to pursue personal activities or investments.
Family Inclusion: Spain NLV Visa program extends to immediate family members, including spouses and dependent children, allowing them to reside in Spain under the same visa application.
Access to Healthcare:Spain NLV Visa holders have access to Spain’s public healthcare system, providing quality medical care similar to that available to Spanish citizens.
Education Opportunities: NLV holders can access Spain’s education system, enabling their children to attend schools and universities in the country.
Travel within Schengen Zone: Spain NLV Visa allows visa-free travel within the Schengen Area, comprising 26 European countries, facilitating ease of travel for leisure or business purposes.
Quality of Life: Spain offers a high quality of life with a rich cultural heritage, diverse landscapes, pleasant climate, and a relaxed Mediterranean lifestyle.
Attractive Lifestyle: NLV holders can enjoy Spain’s vibrant culture, exquisite cuisine, renowned festivals, and access to numerous recreational activities.
Retirement Destination: The NLV program is especially popular among retirees seeking a peaceful and pleasant environment for their retirement years in Spain.
Documents Required:
Begin gathering the necessary documents for your Spanish non-lucrative residence visa as soon as you schedule your appointment. Ensure each document adheres to the requirements established by Spanish authorities.
Essential supporting documents for a Spanish Non-Lucrative Visa application include:
- Visa application form: Fill out the national visa form accurately, ensuring the information aligns with other submitted documents. Do not confuse this with the Schengen visa form.
- Valid passport: Must be issued within the last 10 years, have a minimum validity of one year, and at least one blank page for the visa sticker.
- Two identical photos: Ensure they meet Spain visa photo specifications.
- Medical certificate: Obtain this from an authorized doctor in your country of residence, confirming you have no diseases posing public health risks. Must be no older than 90 days upon submission.
- Private health insurance: Secure coverage from a private Spanish insurer.
- Original police clearance certificate: Verifies no illegal activities within the past five years. Must be no older than three months upon submission.
- NIE number: A unique personal number assigned to foreigners staying in Spain for over six months. Apply at the Spanish consulate before applying for a visa.
- Proof of sufficient income: Crucial for a successful application, provide evidence of a minimum monthly income of €2,450 and an additional €600 for each dependent. Acceptable proof includes:
- Bank statements from the past three months.
- Employment letter outlining salary, if receiving income from an employer outside Spain.
- Proof of investments.
- Evidence of other income sources, such as rental property.
- Marriage/birth certificate: Required for dependent applicants.
Family Inclusion:
Spain NLV Visa allows for family members to join the main applicant, including a spouse or unmarried partner, dependent children, and dependent relatives in the ascending line. To be eligible for the visa, the applicant must meet specific financial requirements, provide necessary documentation, and demonstrate no intention to work in Spain.
Renewal & Work Permit:
The Non-Lucrative Visa has a one-year validity, and you can renew it for an extended residence permit if you want to stay in Spain longer. Once you possess this visa, acquiring a work permit in Spain becomes significantly simpler.
The benefits of Spains NLV Visa.
If you aspire to live in Spain for an extended period of time, Spain’s non-lucrative visa might be just what you need. Non-lucrative visa Spain allows non-EU citizens to live in Spain for up to three years without engaging in any work or business activities.
Flexibile Stay Requirements
Spain NLV Visa holders can stay in Spain for extended periods and eventually apply for permanent residency or citizenship, providing long-term settlement options.
Visa free travel in Schengen Zone
Spain NLV Visa allows visa-free travel within the Schengen Area, comprising 26 European countries, facilitating ease of travel for leisure or business purposes.
Family
Reunification
The NLV program extends to immediate family members, including spouses and dependent children, allowing them to reside in Spain under the same visa application.
Healthcare
access
NLV holders have access to Spain’s public healthcare system, providing quality medical care similar to that available to Spanish citizens.
FAQ's
What are the benefits?
With a non-lucrative visa Spain, you can enjoy living in the country without the need to work or engage in any business activities. You can also travel freely within the Schengen area and access the country’s healthcare and education systems.
Whats the difference between Spain NLV Visa and Golden Visa?
The main difference between Spain NLV Visa and a Golden Visa in Spain is that a Golden Visa requires a certain level of investment in Spain, while a non-lucrative visa does not.
Can you renew Spain NLV Visa?
Yes, you can renew a non-lucrative visa Spain. However, since this type of visa is only valid for one year, you must renew it for a residence permit if you wish to stay in Spain for a longer period. You will need to submit an application in Spain along with the required documents.
Can I obtain a work permit after having Spain NLV Visa?
Yes, you can obtain a work permit after having a non-lucrative visa for Spain. Many foreigners do this by transitioning into a work permit after applying for and renewing the non-lucrative visa.
Can you invest through Spain NLV Visa?
Yes, it is possible to invest under the non-lucrative residency permit in Spain. Although you cannot carry out professional activities, you can still make any kind of investment, such as in company shares, and generate an additional source of income.
Are you permitted to study while on the NLV Visa?
Yes, the non-lucrative residency visa in Spain allows for studying and non-paid internships. Individuals with the non-lucrative residence visa can enrol in an educational centre and study, and also participate in non-paid internships in a company.