Spain – Independent Means Visa. Spain’s Non-Lucrative Visa offers third-country nationals who can demonstrate sufficient personal savings to maintain themselves without working the opportunity to reside in Spain together with their families. The program offers a five-year path to permanent…
Spain’s Non-Lucrative Visa grants residence permits to individuals who have sufficient savings to maintain themselves without working in Spain. In Year 1, the applicant is issued a one-year residence permit. In Year 2, the applicant is issued a two-year residence permit. In Year 4, the applicant is issued another two-year residence permit. In year five, the applicant becomes eligible for permanent residency. In the first year, the applicant must prove that they have a balance equal to at least 400%…
- Freedom of movement (but not settlement) within Schengen - No investment or donation requirement - Path to citizenship - Permits dual/multiple citizenship (under certain circumstances) - Safety and security - Warm climate - Enhanced education opportunities - Enhanced business access to large economies - Short processing time
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