

The Non-Lucrative Visa (NLV)
aka the Retirement Visa
Have you ever dreamt of trading your alarm clock for tapas and siestas under the Spanish sun? The Spanish Non-Lucrative Visa (NLV) might just make that dream a reality. This visa allows you to reside in Spain without working, offering the chance to enjoy the country's rich culture, vibrant communities, and balmy weather. But before you pack your bags, let's delve into the details of this visa:
Who is it for?
This visa is particularly suitable for retirees, remote workers, freelancers, and individuals who have sufficient financial means to support themselves and their families without the need for employment in Spain.
-
Have sufficient financial means to support themselves without working in Spain.
-
Do not wish to engage in any professional or commercial activities in the country.
-
Want to retire, invest, pursue personal interests, or simply soak up the Spanish lifestyle.
Requirements
The key requirement is demonstrating sufficient economic resources. These funds can come from various sources, such as foreign employment and businesses, or non-working monthly income like pensions and rental income.This currently translates to 400% of the IPREM (Public Multiple Effects Income Indicator) for the main applicant, with an additional 100% of the IPREM for each dependent family member. For 2024, this roughly translates to €2,400 per month for the main applicant and €600 per month for each dependent.
Beyond finances, you'll need:
-
Valid passport or travel document.
-
Proof of private health insurance covering Spain.
-
No criminal record in Spain or your home country.
-
Completed application form and fees.
Application Process
1. Gather your documents and application fee and ensure they meet all requirements.​​
-
Visa application form: Each applicant must complete and sign a national visa application form.
-
Non-working Residence Visa application form: Each applicant must complete and sign a non-working residence visa application form.
-
Photo: Submit a recent, passport-size, color photograph.
-
Passport: Submit a valid, unexpired passport. The passport must have a minimum validity period of 1 year and contain two blank pages. Be ready to give a photocopy of all the pages.
-
Provide proof of financial means. The applicant must submit the originals and a copy of the documents proving that they have sufficient financial means to cover the expenses of residing in Spain for the initial year of the residence permit, or accrediting that they have a regular source of income, for themselves and, where applicable, for the family members accompanying them. This typically involves providing bank statements, proof of income, or other financial documents.
-
Health insurance: Applicants must have private health insurance coverage that is valid in Spain for the duration of their stay. This insurance should not require co-pay for any medical procedures. You can check with the different Spanish-based health insurance companies listed in this website.
-
Background check: Applicants must not have a criminal record in Spain or in any other country where they have resided in the past five years. You will have to submit a police clearance or similar official document from the country you stay at.
-
Medical certificate: Applicants must provide a medical certificate issued by a licensed physician, certifying that they are in good health and free from any contagious diseases.
-
Proof of accommodation: Applicants must provide evidence of accommodation in Spain, such as a rental agreement or property deed. Normally you should show proof of at least 1 month´s duration of stay.
2. Schedule an appointment at the nearest Spanish Consulate or Embassy. You will be required to pay for the application, the amount of which would depend on the consulate and your nationality.
3. Attend your appointment and submit your application.
4. Await processing, which can take several months.
5. If approved, collect your visa and prepare for your Spanish adventure! You should be ready to travel to Spain within the time period written in your visa.
-
Your visa will indicate your permanently assigned Foreign Identity Number (NIE) number
6. Once in Spain, obtain a Certificate of Empadriamiento (Padron) and a Foreigner's Identity Card (TIE) within one month of your arrival.
Resources
-
Spanish Ministry of Foreign Affairs: https://www.exteriores.gob.es/Consulados/losangeles/en/ServiciosConsulares/Paginas/Consular/Visado-de-residencia-no-lucrativa.aspx (detailed information in various languages)
Remember
-
Requirements and fees may change, so always check the official sources for the latest information.
-
Consider seeking professional guidance if you have complex circumstances or require additional support.
-
Patience is key! Processing times can be lengthy, so plan accordingly.
With careful planning and a healthy dose of enthusiasm, the NLV could be your gateway to a fulfilling life in Spain. So, what are you waiting for? Start your Spanish dream today!