SPANISH VISAS. All you need to know
Non-European international travellers who wish to spend time in Spain, whether for business or pleasure, need a Visa or temporary permit to make it possible. This authorisation offers a series of advantages when spending seasons in Spain or establishing a permanent residence.
Transferring your residence to a Spanish territory offers non-European citizens a series of advantages, such as lower tax payments, an excellent public health system and enjoying an unbeatable quality of life.
Depending on the situation or wishes of each applicant, there are different types of Visa, which adapt to the characteristics of the users.
What type of Visa is best suited to me?
NON LUCRATIVE VISA
Especially designed for retirees or future retirees in the short term, also for those who want to spend long periods in Spain (a minimum of 183 days – 6 months), without exercising any type of economic activity.
GOLDEN VISA
People with high purchasing power, who will not spend more than 182 days a year in Spain, unless they intend to become a tax resident of Spain. They will be free to travel in the Schengen territory.
NOMAD VISA
For workers and families who can carry out their profession remotely, whether they are employed by others or self-employed. Especially interesting because of the tax advantages it entails, being able to pay taxes at 24%.
Requirements of each of the Visas:
NON LUCRATIVE VISA
- Income of €28,200/year, as a minimum, for the applicant
- Income of €7,200/year, as a minimum, for the spouse and/or each family member
- Health insurance valid in Spain, with a minimum validity of 1 year
- Have no criminal record
GOLDEN VISA
- Minimum investment of €500,000 in a home excluding taxes and fees (can be divided into 2 or more homes). In the case of marriages under the separation of property regime, it is necessary for each of the member of the couple to make an investment for that amount.
- Income of €28,200/year, as a minimum, for the applicant
- Income of €7,200/year, as a minimum, for the spouse and/or each family member
- Health insurance valid in Spain, with a minimum validity of 1 year
- Have no criminal record
NOMAD VISA
- Not having been a resident in Spain for the last 5 years.
- Income of €25,000/year, as minimum, in the case of the applicant
- Income of €9,500/year, as minimum, for a spouse or each family member
- Health insurance operating in Spain, with a minimum validity of 1 year
- Have no criminal record
- Prove three years of work experience or have higher education qualifications
Tax benefits:
- Taxation at 24% for the first €600,000 and 47% thereafter.
For employees employed by another:
- Company with at least one year of existence
- Contract with the company with a minimum of 3 months seniority, unless the contract is with a Spanish company and in that case seniority is not required.
- Letter from the company certifying that the employee can work remotely.
For the self-employed:
- Demonstrate commercial relationship with clients for a minimum period of 3 months.
- The income must derive from at least 80% of non-Spanish companies.
Taxation at 24% for the first €600.000 and 47% thereafter
How to apply for a Visa?
This procedure is carried out in the first instance, at the Spanish Consulate. To make it easier, law firms offer this service through their offices, in order to facilitate the process and ensure that everything is done correctly.