Fascinated about transferring to Spain with the assistance of the Non-Profitable Visa? The Native Spain spoke to a Spanish immigration lawyer about how consulates at the moment are asking for extra documentary proof from candidates, making the method significantly more durable.
The NLV, identified in Spanish because the visado de residencia no lucrativa, is without doubt one of the hottest visas for non-EU nationals who wish to stay in Spain.
It allows you to stay within the nation for one 12 months after which renew it for an extra two years after which one other two years after that, after which you’ll be eligible for long-term residency following a complete 5 years of NLV residency.
Because the identify suggests, you’re not allowed to work in Spain whereas on the NLV, however you do have to point out that you’re financially steady by proving you might have a specific amount of financial savings otherwise you earn a specific amount of passive earnings from renting out a property overseas, from investments or out of your pension funds for instance.
Commercial
You have to present you might have 400 p.c of the IPREM, which for 2025 is €600. This implies proving you might have €2,400 per thirty days in passive earnings or financial savings of €28,800 per 12 months.
READ ALSO: 7 must-read articles before applying for Spain’s non-lucrative visa
Now, nonetheless, the necessities for the NLV have gotten so much stricter and Spanish consulates in sure international locations are asking for extra proof. That is notably true of consulates in america.
So whereas their have been no precise legislative adjustments for the reason that Immigration Regulation again in Could, consulates at the moment are asking for extra proof.
María De Castro, CEO of Spanish legislation agency CostaLuz Lawyers defined to The Native that now candidates are being requested to supply the next paperwork by sure consulates:
- Proof you’ve already stopped working – This might embrace a termination or sabbatical letter out of your job, or a notarised affidavit committing to not work in Spain, together with no distant work.
- A quick assertion of your intentions – On this letter you’ll want to supply the explanations for transferring to Spain and your plans when you get right here. For instance, the place you’ll stay no less than for the primary few months and what are you planning on doing right here.
- Proof of retirement – Should you’re planning on retiring to Spain and utilizing the NLV to do this, you will have to point out proof you’re already receiving a pension or a life annuity. You possibly can now not transfer to Spain prematurely after which retire.
- Extra granular financial institution proof – You will have to supply current financial institution statements not simply proof of the place your passive earnings is coming from. Some consulates ask for year-end balances and common stability.
It’s essential to level out that every one consulates act in a different way and have completely different guidelines on what they require and can settle for. Whereas some will ask for the above paperwork, others is not going to.
READ ALSO: Does Spain check if you’re working on the non-lucrative visa?
Commercial
One member of the Spanish NLV (Non-Profitable Visa) Fb web page mentioned that they’d to supply a letter of intent when making use of from the UK.
“We mentioned we had no intention of working. I, as a UK nurse, mentioned I had eliminated myself from the register. We mentioned we had purchased a property in a rural village and meant to immerse ourselves within the lifestyle and the area people.”
One other mentioned of their letter they wrote: “I’m desirous to be taught extra in regards to the Spanish language, historical past, and tradition. Now that I’m retired and now not have to work, I wish to fulfil my dream of dwelling in Spain”.
Whereas a member of a unique Spanish NLV Fb group who utilized from New York within the US wrote: “We have been informed we wanted a termination letter from our final employer”.
Different candidates from the UK on the identical Fb group confirmed they needed to present their P45 types as proof they’d stopped working.
These newest adjustments come a number of months after the Spanish authorities clarified two key NLV issues.
The primary was that they made it crystal clear within the authorized textual content of its Immigration Regulation that you may’t work whereas on the NLV. This was a little bit of a gray space for a few years when many individuals wrongly believed that it solely meant you couldn’t work in Spain, however you may nonetheless work on-line or remotely for instance.
Because the introduction of the Digital Nomad Visa in 2023 this has additionally been fairly clear, as that is the visa you’re supposed to use for if you wish to work remotely.
The second was that you could have lived greater than 183 days in Spain through the earlier 12 months to have the ability to renew your Non-Profitable Visa. In different phrases, you could be a tax resident right here.
READ ALSO: What financial proof can I show for Spain’s non-lucrative visa?
