Immigration: Spain

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The options available to you

Moving to Spain can be an exciting and rewarding experience, but it requires some preparation and planning, but particular care in relation to the legal requirements to enter the country.

Here are some of the most popular visas to enter Spain, but there are more if your circumstances do not feet in any of the list below

There are several types of visas for Spain, depending on the purpose of your visit and the duration of your stay. Here are some of the most common types of visas:

Non-Lucrative Visa

The non-lucrative visa is a type of long-stay visa that allows you to live in Spain for up to a year without engaging in any paid work or business activities. It's suitable for those who have sufficient financial means to support themselves during their stay and want to retire, study, or pursue other non-work-related activities in Spain.

To apply for a non-lucrative visa in Spain, you'll need to meet certain requirements, such as:

1. Proof of sufficient financial means: You'll need to show that you have enough financial resources to support yourself during your stay in Spain without working. The amount may vary depending on your circumstances, but it's typically around €25,000 per year.
2. Health insurance: You'll need to obtain private health insurance that covers you during your stay in Spain.
3. Background check: You'll need to provide a certificate of good conduct from your home country.
4. Application fee: You'll need to pay a fee when you apply for the visa.
5. Other documents: You'll need to provide other documents, such as a valid passport, a rental agreement or property ownership, and a medical certificate.

Once you obtain the non-lucrative visa, you can live in Spain for up to a year, and you can renew it for another year if you meet the requirements. After five years of residency, you may be eligible for permanent residency in Spain.

It's essential to note that the non-lucrative visa is not a work visa, and you cannot engage in any paid work or business activities while on this visa. If you want to work in Spain, you'll need to obtain a work permit and a different type of visa.

The Entrepreneur Visa

The Entrepreneur Visa (Visado de Emprendedores) is a type of long-stay visa that allows non-EU citizens to start a business or invest in Spain. It's suitable for those who want to develop an entrepreneurial project or invest in an existing Spanish business.

To apply for an Entrepreneur Visa in Spain, you'll need to meet the following requirements:

1. Business plan: You'll need to submit a business plan that outlines your entrepreneurial project or investment in Spain.
2. Financial means: You'll need to demonstrate that you have sufficient financial resources to carry out the project or investment. The minimum amount required is €95,000, although it may vary depending on the nature of the project.
3. Background check: You'll need to provide a certificate of good conduct from your home country.
4. Medical certificate: You'll need to provide a medical certificate that proves you don't have any diseases that may pose a public health risk.
5. Application fee: You'll need to pay a fee when you apply for the visa.

Once you obtain the Entrepreneur Visa, you'll be allowed to reside and work in Spain for up to two years. You can also apply for a residency permit, which allows you to stay in Spain for a more extended period.

It's essential to note that the Entrepreneur Visa requires a rigorous application process, and it's recommended to seek professional advice before applying. The Spanish government provides several programs and resources to support entrepreneurs, such as the Spanish Entrepreneurship Act and the Spanish Entrepreneurship and Innovation Program.

The Golden Visa Program

The "golden visa" in Spain is a residency visa that allows non-EU citizens who make a significant investment in the country to obtain a temporary residence permit that can be extended and ultimately lead to permanent residency. The golden visa was introduced in 2013 to encourage foreign investment in Spain and boost the country's economy.

To be eligible for a golden visa in Spain, you must make a significant investment, such as:

1. Investing at least €500,000 in Spanish property
2. Investing at least €1 million in Spanish stocks or bonds
3. Investing at least €2 million in a Spanish bank account or business project
4. Investing at least €1 million in a Spanish company, which creates jobs or has a significant socio-economic impact.

Once the investment is made, you can apply for the golden visa, which will allow you to live and work in Spain for up to two years. After that, the visa can be renewed, and eventually, you may be eligible for permanent residency or citizenship.

The specific requirements and procedures for each type of visa may vary, so it's essential to consult with the Spanish embassy or consulate in your home country or seek professional advice.

If you wish to have an initial consultation, send us an email on info@nexus-10.com contact us here and we will reply shortly after to arrange a call and discuss your matter in more detail.

The information provided on this website does not, and is not intended to, constitute legal advice; instead, all information, content, and materials available on this article are for general informational and marketing purposes only.

Nexus-10 Team