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Non-Lucrative residence permit

Non-Lucrative residence permit

Description and requirements:

The opportunity to move to Spain for individuals with savings and/or passive income.

You can apply for this type of residence permit if you have savings of at least €28,800 and/or passive income of at least €2,400 per month per applicant.

To obtain this residence, the following documents are required:

1

Housing in Spain – either owned or rented.

2

Criminal record certificate.

3

Medical certificate.

4

Health insurance.

5

Motivational letter.

6

Proof of passive income and savings.

Free consultation

Who should consider using this service?

This type of residence permit is ideal for individuals planning to live in Spain without working.

Key benefits

The non-Lucrative residence permit offers several benefits:

Simple and straightforward conditions for obtaining it.

The ability to relocate your family.

Later, this type of residence can be converted into a residence with the right to work as an employee or entrepreneur.

However, you need to consider the features of this type of residence permit:

– It does not grant the right to work in Spain.
– The application must be submitted through the consulate of the applicant’s country of residence and not from Spain.

Work process

Steps to obtain a residence permit without the right to work:

1

Consultation with our specialists, discussion of details, checking the adequacy of income and savings.

2

Payment for our services.

3

Document Collection.

4

Document review by our lawyers and online submission of the application to the migration authority.

5

Tracking the application status, providing additional explanations or documents if necessary.

6

Receiving a decision from the migration authority.

7

Fingerprinting at the Spanish police and obtaining a resident card.

Price

The cost of our support services for obtaining a residence permit without the right to work is 1,990 EUR + 21% VAT.

FAQ

What sources can passive income come from?

From any source: renting out property, dividends from securities, interest on a bank deposit, etc. The key is that it must be passive income, not from active labor.

For how long is the non-lucrative residence permit issued and renewed?

Initially it is issued for 1 year, further it is renewed for 2 years each time.

When can this type of residence permit be changed to a working one?

After 1 year of living under this type of residence permit, immediately after the first renewal.

How long do consulates take to process a non-lucrative residence permit application?

It depends on the consulate’s workload. On average, it may take 1 to 3 months.

Will family members who come to Spain with the main applicant have the right to work?

No, they will also receive residence permits without the right to work.

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