01 Dec How to obtain a Spanish Non-Lucrative Visa
SPANISH NON-LUCRATIVE VISA, a great choice if you consider weathering the pandemic abroad without investing any money.
Spain is for sure one of the most attractive countries to stay during the Covid Pandemic, and the Non-Lucrative Visa is a great choice for non-European citizens willing to enjoy the delights of this country, either permanently or for a certain period.
The Non-Lucrative Visa does not require any investment in Spain (unlike the Golden Visa), and the main requirement is to count with a reliable source of income and enough economic means for the period of residence (approx. 26.000 € per year, which can be distributed in investments abroad, private or public pensions, or your own savings).
This kind of Residence Permit has an initial duration of one year, and it is extended to the family members. Moreover, it does also allow to work for an employer or for clients who are not based in Spain.
Therefore, it is a great option for those who would like to work remotely from Spain or to retire here during the Pandemic or after a long period working, and it does also allow to travel freely in the Schengen countries 90 out 180 days, without the obligation to become a tax resident if the stay is lower than six months per natural year.
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