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Rank #52
Spain

Spain

LocationSouthern Europe • UTC+2 • Europe/Madrid
Monthly Cost
$1,496
-32% vs USA
Internet
190 Mbps
Mobile Avg

Non-Lucrative Visa

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Designed for individuals with sufficient passive income who wish to reside in Spain without engaging in any professional activities.

Min. Income

€2,259/month

Per Applicant

Min. Income

Processing

2–3 Months

Average Time

Processing

Validity

1 Year

Initial / Renewable

Validity

Citizenship

10 Years

Years to Apply

Citizenship
Info

Eligibility & Required Docs

Eligibility Requirements

  • CheckmarkProof of sufficient passive income
  • CheckmarkClean criminal record
  • CheckmarkValid health insurance
  • CheckmarkProof of accommodation in Spain

Required Documents

  • CheckmarkValid passport
  • CheckmarkProof of income (bank statements, pension, etc.)
  • CheckmarkHealth insurance policy
  • CheckmarkCriminal record certificate
Info

Residency Rules

Taxation

Residents are taxed on worldwide income. Non-residents are taxed only on Spanish-source income.

Physical Presence

Must spend at least 183 days per year in Spain to maintain residency status.

Info

Advantages

  • Access to the Schengen Area
  • No work requirement
  • Path to permanent residency
Info

Disadvantages

  • Cannot engage in professional activities
  • High income requirement
  • Annual renewal process

Compare with

PortugalD7 Passive Income Visa
ItalyElective Residence Visa
GreeceFinancially Independent Person Visa