The Non Lucrative Visa Spain is a type of passive income residency visa that allows you to live in the country. However, it does not allow you to work there. Applicants must also prove that they can financially support themselves and their family members in the country.
This is one of the easiest routes to legal residency in the country, if you meet the requirements. Those requirements include:
Requirements
There are five types of residence visas for non-EU citizens wanting to live in Spain. The most popular is the non lucrative visa. It is a more affordable alternative to the golden visa and allows you to work remotely while staying in Spain.
The non lucrative visa requires that you demonstrate that you have sufficient economic resources to maintain yourself in the country without working and any family members who will join you. This is usually done by showing that you have over EUR30,000 in the bank or that you receive passive income (from rental of property to 3rd parties) of over EUR2,400 per month.
You will be interviewed when submitting your application and you will need to provide documents such as an identity document, medical certificate, and bank statements that are no more than six months old. You will also need to bring any supporting documentation that you may have for your family. This is a requirement to avoid rejection of your visa.
Documents required
The non lucrative visa in Spain is a type of residence permit that allows people from outside the EU to live in the country for a year. However, it has a number of requirements that must be met to obtain the visa successfully. Some of the main documents required include: a valid passport, two identical photos that meet Schengen requirements, and private health insurance.
The non-lucrative visa is a more affordable option than the golden visa, as it doesn’t require you to invest in Spanish property. However, you still need to prove that you have enough money to support yourself and any family members who may join you in the country.
In addition, you must submit a medical certificate from an authorized doctor that states that you do not suffer from any diseases that could pose risks to public health in the country. You also need to provide proof of your income, such as bank statements and a letter of employment stating your salary.
Interviews
Spain is a popular destination for foreigners seeking a new home. Its temperate climate, delicious cuisine, and tranquil cities draw in residents from across the world. In order to gain residency in Spain, a non lucrative visa is required. This type of visa is ideal for retirees or those who plan to move to Spain without working.
The visa application process is relatively simple. The first step is to set up an interview with the Spanish embassy or consulate in your country of residence. Then, you must submit all of the required documents and pay the fee. You must also provide your fingerprints and facial image to the embassy.
Once you have submitted all of the required documentation, the interview will take place. This is to verify that the information you provided on your form is true. Once the interview is completed, you will receive your visa within a month. The visa is valid for one year, and it can be renewed.
Fees
Spain is a popular destination for Americans, British, and Europeans looking to relocate and live abroad. Its beautiful weather, delicious cuisine, and tranquil cities have made it a desirable location for foreign citizens. To make a long-term life in Spain possible, these people need to obtain a visa that allows them to legally reside there. Fortunately, there are several types of residence visas in Spain. One of the most popular is the Non Lucrative Visa. This visa is ideal for those who do not want to work in Spain or take up local jobs.
The requirements for this type of visa are different from those of a Golden Visa. The latter requires a specific amount of money to be invested in Spain. In contrast, the Non Lucrative Visa only demands that a foreigner has enough income to support themselves and their family. The application process must begin in the foreigner’s country of origin or residence.