Non Lucrative resident permit

Spanish Residency
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Non lucrative resident permit

The Non-Lucrative Residency Permit is for applicants who wish to retire in Spain, or for those that are able to conduct their business remotely.
This permit requires proof of receiving a regular income anywhere in the world.

It does not allow the applicant to officially work in Spain. it is possible to apply with your spouse and children who are dependents.

The first application is 1-year Spanish residency permit is granted Then two 2-year residency renewals And a permanent Spanish residency card.

It is also possible to apply for Spanish Citizenship (10 years of residency).
The main applicant must be able to prove a monthly income of at least 4 times the I.P.R.E.M. (564,90€ x 4). And an additional 564,90€ per each family member co-applicant.
You are required to have a clean criminal record in the country where you have lived in the last 5 years.
private medical insurance, in Spain.
You are also required to have a place to stay, rented or in ownership.

Medical certificate

You are also required to have a bank account with enough funds for the duration of your Spanish residency permit.
Children under the age of 16 will have to be enrolled in a school, whether public or private, as this is a nationwide obligation.

By law, you are required to spend more than 6 months in Spain to be eligible for renewal of the Spain residency permit. If you do not spend this time the authorities may not renew the permit although this is not always the case.
For permanent Spain residency. And the applicant must show that he/she has not been out of the country for more than 10 months in a 5-year period.