Move to Spain with Spain’s Non Lucrative Visa: Your Guide to Relocating After the End of the Golden Visa

Say Goodbye to Spain’s Golden Visa – But Don’t Worry, You Still Have Options

As of April 3, 2025, Spain will officially end the Golden Visa program, which has long allowed non-EU citizens to gain residency by making significant investments in Spain. Launched in 2013, the Golden Visa was incredibly popular, providing an easy route for foreigners to invest in Spain and enjoy its Mediterranean lifestyle. Introducing Spain’s Non Lucrative Visa…

However, rising property prices and concerns over the program’s effectiveness in contributing to local economies have led to its cancellation. While many aspiring residents may feel disappointed, the end of the Golden Visa doesn’t mean you can’t still relocate to Spain. The Non-Lucrative Visa (NLV) is an excellent alternative for those who wish to enjoy Spain’s lifestyle without needing to work in the country.

What Is the Non-Lucrative Visa for Spain?

The Spain Non-Lucrative Visa is designed for individuals who want to reside in Spain without engaging in any work or business activities. It’s perfect for retirees, digital nomads, or anyone with steady income sources from abroad. This visa allows you to live in Spain for up to one year, with the option to renew it for an additional two years, followed by renewals every two years after that.

Unlike the Golden Visa, the Non-Lucrative Visa does not require a financial investment in real estate or business. Instead, it focuses on ensuring that applicants have sufficient financial resources to support themselves while living in Spain.

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Requirements for the Spain Non-Lucrative Visa

To qualify for the Non-Lucrative Visa (NLV) for Spain, you must meet several requirements:

Prove Financial Means: You must show sufficient financial resources to support yourself and your family members during your stay in Spain. Generally, this means having at least €35,000 for the main applicant, plus €8,400 for each dependent. Alternatively, you can demonstrate a steady income of at least €2,400 per month, plus €600 per month for each dependent.
No Criminal Record: Applicants must provide official documentation proving they have no criminal history. This is part of Spain’s commitment to maintaining public safety.
Private Health Insurance: You must have private health insurance from a provider authorized to operate in Spain, covering you and your family for the entire duration of your stay.
Non-Working Status: The Non-Lucrative Visa does not permit you to work or engage in business activities within Spain. While this may be restrictive for some, it is an excellent option for those with passive income, pensions, or remote work opportunities.

Why Choose the Non-Lucrative Visa?

The Spain Non-Lucrative Visa offers numerous advantages for those who want to live in Spain without needing to engage in work or business activities. Some of the key benefits include:

Residency in Spain: Live in one of Europe’s most desirable countries, with access to Spain’s world-class healthcare, culture, and lifestyle.
Schengen Area Travel: As a resident of Spain, you can travel freely within the Schengen Area, which includes 27 European countries.
Path to Permanent Residency: After residing in Spain for five continuous years on the Non-Lucrative Visa, you may qualify for long-term residency, offering greater stability and rights within the country.

Spain’s Lifestyle: Why Move to Spain?

Spain is renowned for its high quality of life, beautiful climate, and rich cultural heritage. Whether you enjoy the beaches of the Costa Brava, the bustling urban life in Barcelona, or the culinary delights of Madrid, Spain offers something for everyone.

Moreover, the cost of living in Spain is more affordable than many other Western European countries or the United States. Spain’s Mediterranean climate ensures mild winters and warm summers, making it an ideal destination for those seeking a relaxing, sun-filled lifestyle.

Getting Assistance with the Non-Lucrative Visa Application

The process of applying for the Non-Lucrative Visa can be complex, but you don’t have to navigate it alone. Our team of immigration experts is here to guide you through each step, from document preparation to submitting your application.

If you’re interested in learning more about the Non-Lucrative Visa or exploring other residency options in Spain, reach out to us for personalized assistance. You can also contact us at matt@andersonwestrealestate.com to schedule a free consultation with our immigration lawyer.

The End of the Golden Visa – But New Opportunities Await

While the end of the Golden Visa marks the end of an era, there are still plenty of visa options for non-EU citizens who wish to live in Spain. The Non-Lucrative Visa offers a straightforward and attractive alternative for those with the financial means to support themselves without working in Spain.

Don’t let the Golden Visa’s end stop you from fulfilling your dream of living in Spain. Let us help you explore the best visa option for your future life in sunny Spain.