You’ve probably heard of Spanish Non-Lucrative Visa. The questions are: how to obtain it and how does it work?
If you have enough means to live in Spain without having to work, is it possible to immigrate?
Yes, with the non-profit residence permit. This type of visa is destined for all those individuals.
However, it must be clear that with this residence permit you cannot work for any company, at least for the first year. It only authorizes legal residence in Spain for a period of more than 90 days.
what to do to obtain the Spanish Non-Lucrative Visa?
The key to obtaining this type of permit lies in the possibility of proving that one has enough resources to live in Spain.
There are two possibilities to prove that you have sufficient means:
1. With documents that prove that you received a fixed monthly amount on a permanent basis, or for life. This may come, for example, from a pension fund.
2. There is another way would be to demonstrate it. Through an average bank balance that you have maintained a minimum balance in the account over the past year.
Does the capital need to be in a Spanish bank?
No, you can obtain Spanish Non-Lucrative Visa simply by demonstrating that you have sufficient financial resources to live in Spain, the money can be in any financial entity in the world.
What about family members?
Family members of a person with this type of residence permit can also obtain residence cards as a family member of a legal resident. This visa will allow them to live and go to school in the case of minors.
How long does the Spanish Non-Lucrative Visa process take?
In general, the total time to obtain the application is difficult to estimate. It depends on several factors and it can last up to nine months. Actually, it greatly depends on the applicant’s own efficiency in completing the application requirements, among other factors.
How can Lexidy help?
To find out what the requirements are and the steps to follow to apply for the Spanish Non-Lucrative Visa make sure that by contacting us we can help you