When considering a move to Spain, it’s vital to understand the different visa options available for non-EU citizens:
- Golden Visa:
- For individuals willing to invest in the Spanish economy, especially in real estate valued at at least €500,000 without a mortgage.
- You can invest in multiple properties as long as the total sum reaches €500,000.
- This visa allows you to work in Spain, but it’s not mandatory.
- It offers the right to stay in Spain all year before the residence card renewal, with no mandatory duration of stay.
- Required documents: valid passport, visa application form, proof of sufficient funds, proof of investment, criminal record check, private health insurance, passport photos, and all public documents must be officially translated into Spanish.
- Non-Lucrative Visa:
- For individuals wanting to reside in Spain for more than 183 days without working.
- Ideal for those looking to retire in Spain.
- You need to prove you have sufficient funds based on the IPREM. In 2023, it’s roughly €30,000, plus €550 per month for each dependent.
- Required documents: valid passport, visa application forms, proof of sufficient funds, medical check, criminal record check, private health insurance, passport photos, and all public documents must be officially translated into Spanish.
If you’re thinking of buying a home and staying in Spain for less than 90 days every 6 months, it’s not necessary to obtain a visa. If you need assistance with the visa process, SpainEasy can recommend trusted lawyers.
