Spain’s Non-Lucrative Visa (NLV) is an excellent option for non-EU citizens who want to reside in Spain without engaging in employment. This visa is particularly attractive to retirees, remote workers with independent income, and individuals seeking an extended stay in Spain to enjoy its culture, climate, and lifestyle.

Key Benefits of the Non-Lucrative Visa

✅ Live in Spain Without Working

The NLV allows you to reside in Spain legally while proving that you have sufficient financial resources to support yourself without needing employment in the country.

✅ Bring Your Family

You can include your spouse and minor children in your application, making it a great option for families who want to relocate together.

✅ Renewable and Path to Permanent Residency

• Initially granted for one year, the NLV can be renewed for two additional periods of two years each.
• After five years of continuous residency, you may apply for permanent residency in Spain.

✅ Travel Across the Schengen Area

With the NLV, you can travel freely to 26 Schengen countries, making it an ideal choice for those who want to explore Europe.

✅ Potential Pathway to Work in Spain

While the visa does not allow immediate employment, after one year, you may apply for a work permit to transition into employment or self-employment in Spain.

✅ Investment Opportunities

Although you cannot work under this visa, you can still invest in real estate, stocks, or businesses in Spain, providing financial growth opportunities.

How to Apply for the Non-Lucrative Visa

To apply for the NLV, you must meet the following requirements:

✔ Financial Means: Show proof of sufficient savings or passive income. The minimum required is €28,800 per year for the main applicant, plus €7,200 per additional family member (amounts may change yearly).
✔ Private Health Insurance: Obtain comprehensive private health insurance from a Spanish provider.
✔ Clean Criminal Record: Submit a police clearance certificate from your home country.
✔ Medical Certificate: Provide proof of good health and no contagious diseases.
✔ Proof of Accommodation: Show evidence of where you will live in Spain (rental contract, property ownership, etc.).

Need Help Applying?

The application process can be complex, but expert guidance can make it stress-free. If you’re considering applying for Spain’s Non-Lucrative Visa, professional legal assistance can help you navigate the process smoothly.

For more details and expert assistance, visit Innolegals – Spain Visa Services.