The Non-Lucrative Visa: The New Visa for Living in Spain
By Space Coast Daily // August 19, 2021
The combination of the Mediterranean climate and the great way of life here in Spain has resulted in many people hoping to make the country their main residence.
Cities bursting with history, beautiful countryside landscapes, good food and liberal politics make this country the perfect place to life. That’s why we want to let you know about the Non-Lucrative Visa, the new visa for living in Spain.
There are certain requirements if you want to change your residence and settle in Spain. You’ll need to meet a few fundamental minimum requirements to request the visa.
To avoid making any mistakes and understand how to proceed with this process, we recommend reading this article and obtaining the help of the My Spain Visa law firm (d7 visa Spain). This way, you can find out everything you need to know about the non-lucrative visa and make the possibility of living in Spain legally official.
What is the Non-Lucrative Visa?
This non-lucrative residency visa is a permit that allows holders to live in Spain legally. It is intended for non-European foreign populations who have chosen to live in this country for a prolonged period. It’s important to note here that this is a non-profit permit.
Applicants must proof that they are financially capable of supporting themselves for at least one year without working. During this time, they can either find work, or arrive with an employment contract already signed. In any case, this visa is renewable twice, every two years, guaranteeing a total of 5 years’ stay. From there, you can continue to the next step – requesting permanent residence in Spain.
Main requirements to apply
You must apply for this permit at least five weeks before travelling to Spain, and no more than 3 months prior. This process can be carried out in your country of residence – more specifically, in the Spanish embassy, in the consulate, or with a company offering visas on behalf of Spain. This way, a residency card will be issued to selected applicants upon arrival in Spain.
On the other hand, an interview will be carried out in the country in which the application is processed. The meeting will take place with consular endorsement and all documents necessary to strengthen the application will be provided at this time. As for the associated fees, these will be paid during the application procedure. The total amount will depend on the country and the consulate itself.
This process will be reviewed by the Spanish Government delegation, who will decide whether the application is accepted or refused. If everything has been completed satisfactorily, the visa will be stamped into the applicant’s passport, allowing them to reside in Spain and even bring their family with them.
This visa will include an NIE – an ID number for foreign nationals. This is unique to each foreigner and will not change and should therefore serve as the supporting resource for any legal process. In other words, it is the means through which a citizen may prove their permit to reside in Spain.
In any case, the My Spain Visa law firm is at your disposal to help you through this procedure.
