If you’re a non-EU national hoping to move to Spain and think the non-lucrative visa may be a good option, here are 7 handy articles for you to read before you decide, from the pros and cons to the differences between it and the digital nomad visa.
Spain’s Golden Visa, where you could get Spanish residency by buying a €500,000 property, is now no longer an option, so if you’re from a non-EU country who wants to move here, two of the best ways that remain are the digital nomad visa and the non-lucrative visa.
The non-lucrative visa or NLV is ideal for retirees or those who don’t plan on working here and can financially support themselves for plenty of years.
It’s available to all non-EU nationals who meet all the requisites and can prove they have enough money and is initially granted for one year, which can be extended.
To help you decide if this is the right visa option for you and to help you get your head around all the requirements and application procedures, we have several handy guides.
First of all you’ll want to know the differences between Spain’s non-lucrative and digital nomad visas so you can decide which option is best for your circumstances and which you are eligible for. These two options are very different, so it’s important you study them both so you know the correct one for you.
One of the most common questions that many people ask is if they can work outside of Spain on the non-lucrative visa. While the visa doesn’t give you permission to work in Spain, there can be some confusion as to the rules as many question whether they can work remotely for a company outside of the country or for themselves.
Another popular question, related to the one above is Does Spain check if you’re working on the non-lucrative visa?. If you do choose to work while living here on this visa – can the Spanish authorities check if you’re doing so and what are the consequences?
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One of the main requirements of the NLV is that you can support yourself financially while living here, so that you’re not a burden on society. In order to be granted it, you’ll need to show lots of documents, but what financial proof can you show for Spain’s non-lucrative visa? Is it enough to just show bank accounts or do you need to show other income, rental contracts or other documents?
Because the NLV is commonly referred to as the retirement visa, you may also be wondering if there ss there an age limit for Spain’s non-lucrative visa? Can you apply at any age or is it only for pensioners and is there an upper age limit or can you apply and move here whenever you want?
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If you think that the NLV is the best option for you, it’s worth keeping in mind, that with every choice there are always a few downsides, and it’s important to be aware of what they are before you apply. What are the pros and cons of Spain’s non-lucrative visa? These will help you make a final decision.
Finally, if you’ve applied and are waiting to hear back as to whether your application was successful or not, it’s important to know that not every one is granted it and you may to re-apply or make an appeal. Here are the little-known reasons you can be denied Spain’s Non-Lucrative Visa.
