The non-lucrative visa for Spain is designed for individuals who wish to reside in Spain without engaging in any professional or economic activities.
It is ideal for retirees or those with sufficient financial means to support themselves without working.
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To apply for a non-lucrative visa, you need to submit your application at the Spanish consulate or embassy in your home country.
Ensure you gather all required documents before your appointment to avoid any delays.
Key documents include a completed visa application form, a valid passport, proof of sufficient financial means, and health insurance.
You will also need a medical certificate and a background check certificate from your home country.
These documents must be translated into Spanish and authenticated if necessary.
Proof of financial means can be demonstrated through bank statements, pension plans, or other sources of income.
As of the latest update, you must show that you have at least 400% of the IPREM (Public Indicator of Multiple Effects Income) annually.
Additional funds are required for each family member accompanying you.
Health insurance must be obtained from a provider authorized to operate in Spain.
It should offer comprehensive coverage equivalent to that provided by the Spanish public health system.
Once your application is submitted, you may need to attend an interview at the consulate or embassy.
Be prepared to explain your reasons for moving to Spain and how you plan to support yourself.
The processing time for a non-lucrative visa can vary, but it typically takes between one to three months.
If your application is approved, you will receive a visa that allows you to enter Spain and reside there for one year.
After arriving in Spain, you must apply for a residence card (TIE) at the local immigration office within 30 days.
This card is essential for your legal stay in the country.
The non-lucrative visa can be renewed for additional periods of two years each.
Renewal requires proof that you continue to meet the financial and health insurance requirements.
Successfully obtaining a non-lucrative visa allows you to enjoy the Spanish lifestyle while having the freedom to explore the country without the pressure of working.
It is an excellent option for those looking to retire or take a long-term break in Spain.