If you’re considering a move to Spain and don’t plan to work, the Non-Lucrative Visa is a popular option for many non-European residents, especially retirees or those with sufficient savings. This visa allows non-Europeans to reside in Spain without engaging in any work or professional activities and is renewable annually.
In this guide, we’ll walk you through the eligibility requirements, application process, common challenges, and unique tips for different countries. This is a detailed, step-by-step resource to help you navigate the process with confidence.
The Non-Lucrative Visa is intended for non-European Union (EU) citizens who wish to live in Spain without working or conducting business activities. It’s ideal for retirees, financially independent individuals, and those who want to experience life in Spain without the pressure of earning income. The visa is valid for one year initially, and it can be renewed for additional periods (typically for two-year extensions after the first renewal).
Your passport must be valid for the full duration of your planned stay in Spain. Generally, it’s recommended to have at least one year of validity remaining when applying.
Spain requires proof of financial stability to ensure you can support yourself without working. The minimum monthly income requirement is generally around €2,200 for the main applicant and additional funds for each dependent. This amount is adjusted annually.
Note: You may need to provide documents from the past three to six months, showing a stable and sufficient financial situation.
You must have private health insurance with a Spanish provider or a policy that covers all risks in Spain, as non-EU citizens cannot rely on Spain’s public healthcare system under this visa. Make sure your policy:
You must submit a police clearance certificate from your home country and any other country where you have resided for the past five years. It’s essential that your record is clean of any significant criminal activities.
A certified doctor must confirm that you do not have any infectious diseases or conditions that could endanger public health, such as COVID-19, TB, or other communicable diseases.
Tip: Most consulates require a specific format and language (usually Spanish) for the medical certificate. Check with your Spanish consulate to ensure your documentation meets their standards.
Begin by collecting all necessary documents, which may vary slightly depending on your country. Generally, you’ll need:
Important: Documents such as the criminal record certificate may need to be apostilled, and all documents should be translated into Spanish by an official translator.
Applications must be submitted in person at the Spanish consulate or embassy in your home country. It’s essential to contact them early, as each consulate might have specific guidelines, such as setting appointments or additional local requirements.
During your interview, be prepared to answer questions about:
Pro Tip: Bring copies of your financial statements and health insurance policies, as consulate officers may ask for clarification or additional documentation.
Processing times can vary but typically take one to three months. Some applicants report faster processing, while others experience delays, particularly in busy consulates.
Country-Specific Processing Times:
The Non-Lucrative Visa is renewable, allowing you to continue living in Spain without working. After the first year:
For more assistance, consider consulting:
Moving to Spain on a Non-Lucrative Visa can be a rewarding experience, offering you the chance to immerse yourself in Spanish culture, explore its regions, and enjoy a slower pace of life. With careful planning and attention to the details outlined above, you’ll be well on your way to making your dream a reality.
Traveling to Spain is a dream for many, and for American citizens, the journey is straightforward. Whether you're heading to experience the beaches of Costa Blanca, the architecture of Barcelona, or the historic sites of Madrid, Spain offers a seamless visa-free experience for short-term tourism. Here’s a detailed guide for Americans considering a visit on a tourist visa.
For short stays, U.S. citizens do not need a tourist visa to enter Spain. Spain is part of the Schengen Area, which allows American tourists to travel for up to 90 days within a 180-day period visa-free. This limit applies across the entire Schengen Zone, so time spent in other Schengen countries counts towards your 90-day limit.
Spain, along with 25 other European countries, belongs to the Schengen Area, where border controls have been abolished between member countries. This means that once you enter one Schengen country, you can freely travel to others without additional border checks. Keep in mind, however, that your 90-day allowance is for the entire Schengen Area, not just Spain.
Although a visa is unnecessary, travelers need to meet certain requirements to enter Spain and the Schengen Area:
At the border, travelers should be prepared to present:
The 90-day stay limit is part of the “90/180 rule.” This means that within any rolling 180-day period, you can stay in the Schengen Area for up to 90 days. Once you’ve spent 90 days in the area, you’ll need to leave for another 90 days before you can return. To avoid overstaying, it's essential to track your time accurately.
Overstaying your 90-day limit in Spain can lead to fines, deportation, and even future travel bans to the Schengen Area. Spanish authorities enforce these rules strictly, so make sure you comply.
Beginning in 2025, U.S. citizens will need to apply for an ETIAS (European Travel Information and Authorization System) authorization before entering Spain and other Schengen countries. This electronic travel authorization is not a visa but a quick online application designed for enhanced security. The application will cost around €7 and be valid for 3 years or until your passport expires, whichever comes first.
As a tourist in Spain, you can engage in a variety of leisure activities:
However, note that you cannot work or engage in any activities that would require a visa or permit, such as employment, freelance work, or long-term studies.
If you plan to stay longer than 90 days, you’ll need to apply for a different type of visa, such as:
Each visa type has its own requirements, so it’s crucial to research and apply in advance if you intend to stay beyond 90 days.
Spain is a top destination for Americans, and the ease of travel under the Schengen Agreement makes it accessible for short trips. By following these guidelines, you can maximize your time and have a worry-free experience exploring all that Spain has to offer.
With its blend of history, culture, and modern attractions, Spain is ready to welcome you. Happy travels!
Spain's Golden Visa program offers a straightforward path to residency for those looking to invest in Spanish real estate. It's an excellent opportunity for Americans wanting to relocate, whether for work, retirement, or a fresh start. Here’s a comprehensive guide on the Spanish Golden Visa, including its benefits, requirements, and the steps to apply.
The Spanish Golden Visa is a residence-by-investment program allowing non-European Union nationals to obtain residency in Spain. By investing in Spanish real estate or other qualifying assets, applicants receive a renewable visa that lets them live, work, and travel freely within Spain and the Schengen Area.
Benefits of the Golden Visa:
The Golden Visa primarily requires an investment in Spain. Here’s a breakdown of the options:
Additionally, applicants must:
Step 1: Make the Required Investment
Before applying, ensure you’ve made a qualifying investment, such as purchasing property in Spain. For real estate, the property purchase needs to be completed with a notarized deed.
Step 2: Gather Necessary Documents
Typical documents include proof of the investment, a valid passport, criminal background checks, proof of financial means, and health insurance coverage. All documents should be translated into Spanish and legalized.
Step 3: Submit the Application
Submit your application to the Spanish consulate in your country or directly in Spain through an immigration lawyer. The application typically takes 20 business days for approval.
Step 4: Obtain Your Visa and Residency Card
Once approved, you'll receive a one-year visa to enter Spain. Upon arrival, you can apply for a residency permit card (TIE), which is initially valid for two years and renewable every five years as long as the investment is maintained.
Spain offers an exceptional quality of life and numerous perks for those relocating:
Do I need to live in Spain permanently to keep the Golden Visa?
No, the Golden Visa does not require you to live in Spain year-round. However, if you want to apply for permanent residency after five years, you’ll need to demonstrate a certain level of residency.
Can I work in Spain with a Golden Visa?
Yes, the Golden Visa grants you the right to live and work in Spain.
How much is the Golden Visa renewal process?
The renewal fee varies but is generally around €20-€30. You’ll also need to provide updated documentation, including proof that your investment is still in place.
The Spanish Golden Visa is a fantastic route for Americans to secure residency through investment. Whether you’re interested in the lifestyle, career opportunities, or potential citizenship, Spain offers an ideal place to start a new chapter. By following these steps and understanding the requirements, you’ll be well on your way to making your Spanish dream a reality.
For further assistance, consulting with a specialized immigration lawyer can ensure a smooth process as you embark on this exciting journey.
The Alicante and Murcia regions of Spain have become hotspots for new build properties, attracting both local and international buyers looking for investment opportunities, holiday homes, or a place to settle down. These regions offer a combination of great climate, coastal living, and affordability, making them ideal for anyone considering a property purchase in Spain.
The construction of a new build home in Alicante or Murcia typically takes around 12 to 24 months, although this can vary based on the project's size and complexity. The process starts with securing permits, followed by the construction and finishing phases. While this timeline might seem lengthy, it’s an opportunity for buyers to carefully plan and customize aspects of their future home.
New build properties in Spain are often released in phases. This approach helps developers manage construction costs and gauge market interest, while giving buyers different entry points into the property. Here’s what you can expect:
Throughout the construction process, prices tend to rise, especially in high-demand areas like Alicante and Murcia's coastal towns. At the off-plan stage, buyers can secure significant discounts compared to the final market price. As construction progresses, prices increase, typically by 10-20%. By the time the property is completed, the cost is at its highest, reflecting the full market value.
For buyers looking to maximize potential appreciation, investing in off-plan properties offers a great opportunity, especially in these regions where demand for new builds is steadily growing.
New builds in Alicante and Murcia come with many benefits, making them highly attractive to property seekers:
In recent years, Alicante and Murcia have seen a surge in new build developments due to rising demand from international buyers, particularly from Northern Europe. The regions’ sunny climate, well-connected airports, and relatively affordable cost of living compared to other Mediterranean destinations make them a natural choice for retirees, second-home buyers, and investors.
Both regions are seeing an increase in modern, gated communities, with amenities like pools, fitness centers, and proximity to golf courses or the beach. This influx of new builds is catering to a growing market, particularly those seeking luxury living at more affordable prices compared to hotspots like Marbella or Ibiza.
It’s no surprise that coastal properties are in high demand and, consequently, more expensive. In Alicante and Murcia, the closer a property is to the coast, the higher the price. Developments along the Costa Blanca and Costa Cálida are particularly popular, with stunning views of the Mediterranean Sea and easy access to beachside living.
For instance, towns like Torrevieja, Guardamar del Segura, and La Manga in Murcia attract buyers seeking coastal properties. However, for those looking for more affordable options, moving slightly inland to areas like Orihuela or Jumilla can provide new build homes at a lower price point, while still being within easy reach of the coast.
Buying a new build property in the Alicante and Murcia regions is a smart choice for those looking for modern, low-maintenance homes in sunny, desirable locations. By entering at the off-plan stage, buyers can benefit from lower prices and customization options. As the region continues to attract international buyers, investing in a new build could be an excellent decision for your future
Found along Spain's sunny Costa Blanca, Santa Pola is a delightful coastal town in the province of Alicante. Known for its crystal-clear waters, rich history, and vibrant local culture, this small fishing town has grown into a popular destination for those seeking an authentic Mediterranean experience. Whether you’re drawn by its beaches, its cuisine, or its heritage, Santa Pola has something for everyone.
Santa Pola is most famous for its stunning coastline. With over 11 kilometers of beaches, visitors can choose from golden sandy stretches or small, rocky coves. The Playa de Levante and Playa Lisa are two of the most popular, offering soft sands, warm shallow waters, and a family-friendly atmosphere. For those seeking water sports, Playa Tamarit is a great spot for windsurfing and kitesurfing due to its favorable winds.
But the beaches aren’t just for relaxing in the sun. Santa Pola is surrounded by protected marine reserves, making it a paradise for scuba divers and snorkelers. The nearby Isla de Tabarca, Spain’s smallest inhabited island, is accessible by boat from the harbor and offers a pristine underwater world teeming with marine life.
Santa Pola has a rich historical heritage that goes back millennia. Originally a Roman port known as Portus Illicitanus, it played an essential role in the ancient trade routes across the Mediterranean. One of the most significant historical sites is the Castillo-Fortaleza de Santa Pola, a fortress built in the 16th century to defend against pirate attacks. Today, it houses two museums: the Museo del Mar (Sea Museum) and the Museo de la Sal (Salt Museum), showcasing the town's maritime and salt-harvesting history.
Just outside the town lies the Salinas de Santa Pola, a sprawling salt flat and nature reserve. For centuries, salt production has been one of Santa Pola’s primary industries, and the landscape is dotted with vast pools of saltwater that shimmer under the sun. The area is also a protected haven for wildlife, especially migratory birds. Birdwatchers flock to the reserve to catch a glimpse of flamingos, herons, and other species that inhabit these wetlands.
Santa Pola’s cuisine is a reflection of its close ties to the sea. The local fishing industry supplies the town’s restaurants with the freshest seafood, and dishes like caldero (a rice and fish stew), grilled octopus, and gambas a la plancha (grilled shrimp) are regional favorites. The town’s fish market is a must-visit for food lovers, where you can witness the daily catch being auctioned in the traditional lonja (fish market). Pair your meal with local wines from the Alicante region to complete the culinary experience.
Santa Pola is a town where tradition and modernity coexist harmoniously. The bustling Mercado Central (central market) is filled with fresh produce, meats, and local delicacies, offering visitors a chance to experience the authentic flavors of the region. The town also hosts various festivals throughout the year, the most famous being the Fiestas Patronales in honor of the Virgin of Loreto. These celebrations, marked by parades, concerts, and fireworks, offer a glimpse into the town’s deep-rooted traditions and community spirit.
Beyond the beaches, Santa Pola offers plenty of activities for outdoor enthusiasts. The area is crisscrossed with hiking and cycling trails that lead through picturesque landscapes. For family fun, the Pola Park amusement park offers rides and entertainment for all ages, while the Aquarium of Santa Pola provides an educational dive into the region’s marine biodiversity.
Santa Pola’s strategic location on the Costa Blanca makes it an ideal base for exploring the wider Alicante region. Just 20 kilometers away, the city of Alicante offers cultural attractions like the Santa Bárbara Castle and vibrant nightlife along the Esplanada. Meanwhile, the neighboring town of Elche, famous for its UNESCO-listed Palm Grove, is just a short drive inland.
Whether you're looking for a relaxing beach getaway, a taste of Mediterranean cuisine, or a dive into local history, Santa Pola has it all. Its charming mix of natural beauty, culture, and adventure makes it a hidden gem on Spain's Costa Blanca.
Spain, with its sun-kissed beaches, vibrant culture, and delicious cuisine, is a dream destination for many. For European non-residents, buying property in Spain is a fantastic investment and an opportunity to enjoy a slice of paradise. Here’s a comprehensive guide to help you navigate the process smoothly.
Before diving into the property market, it’s crucial to understand the current trends and prices. Spain offers a diverse range of properties from luxurious villas on the Costa del Sol to charming apartments in Barcelona or Madrid.
Buying property in Spain involves navigating a legal system that might be different from your home country. Here are some key points:
Financing a property purchase as a non-resident requires careful planning.
Spain’s regions offer unique lifestyles and opportunities:
Here’s a step-by-step guide to purchasing property in Spain:
Once you’ve bought your Spanish property, there are a few more things to handle:
Whether you plan to use your Spanish property as a holiday home, a rental investment, or a permanent residence, immerse yourself in the local culture, learn the language, and enjoy all that Spain has to offer.
Buying property in Spain as a non-resident from a European country is a rewarding venture, but it requires careful planning and understanding of the process. By following this guide and seeking professional assistance when needed, you can make a sound investment and enjoy your new home under the Spanish sun.
In today's global economy, international transactions have become commonplace for individuals and businesses alike. Whether you're traveling abroad, conducting international business, or investing in foreign markets, currency exchange is a crucial aspect of these activities. While banks offer currency exchange services, specialized currency exchange companies often provide significant advantages. Here’s why you should consider using a currency exchange company for your currency conversion needs.
Competitive Rates vs. Bank Rates
One of the primary reasons to use a currency exchange company is the competitive exchange rates they offer. Banks often add a significant markup to the exchange rates, making your transactions more expensive. Currency exchange companies, on the other hand, tend to offer more favorable rates, enabling you to get more value for your money. Over time, especially for large transactions, the savings from better exchange rates can be substantial.
Transparent Fee Structures
Currency exchange companies typically charge lower fees compared to banks. Banks may include hidden charges and higher service fees, which can add up quickly. Exchange companies are more transparent with their fee structures, making it easier for you to understand the costs involved. Many currency exchange companies operate with lower overhead costs than banks, allowing them to pass these savings onto their customers through lower fees.
Efficient Processing
Using a currency exchange company can be more convenient and faster than going through a bank. These companies are designed to handle currency transactions efficiently, often providing quicker turnaround times.
Online Platforms
Many currency exchange companies offer online platforms where you can manage your transactions from the comfort of your home, adding to the convenience.
Market Knowledge
Currency exchange companies specialize in foreign exchange and have a deep understanding of the market. This expertise allows them to provide better services and advice compared to general banking institutions. Whether you need to understand market trends, get insights on the best times to exchange currency, or manage large transactions, these companies can offer valuable guidance.
Diverse Offerings
Beyond basic currency exchange, these companies often provide a range of services tailored to meet various needs. This includes international money transfers, travel money, business foreign exchange solutions, and hedging options to protect against currency fluctuations. This breadth of services makes currency exchange companies a one-stop-shop for all your currency-related needs.
Regulation and Compliance
Currency exchange companies often invest heavily in security measures to protect your transactions. They are regulated by financial authorities and must comply with stringent standards to ensure the safety and security of your funds. This focus on security can give you peace of mind, knowing that your transactions are handled safely.
Worry About Legitimacy
Some people worry about the legitimacy and reliability of currency exchange companies. They fear being scammed or receiving poor service. However, many currency exchange companies are fully regulated and licensed by financial authorities, ensuring they operate under strict guidelines and standards.
Fear of Fraud
Security is another common concern. People worry about the safety of their funds and personal information. Reputable currency exchange companies invest heavily in security technologies and practices, such as encryption and fraud detection systems, to protect their customers.
Preference for Banks
Many individuals are simply more familiar with banks and therefore prefer to use them for currency exchange. However, currency exchange companies specialize in foreign exchange, offering expertise and services that banks may not provide. Their focus on this niche market allows them to deliver superior value and service.
Tailored Experience
Unlike large banks, currency exchange companies often provide more personalized customer service. They are typically smaller, more agile, and customer-focused, allowing them to offer a more tailored experience. This personalized approach can be particularly beneficial if you have specific needs or require assistance with complex transactions.
About Lumon
Lumon is a trusted currency exchange partner, established in 2000 with a core value of being a center of excellence by delivering exceptional service and competitive exchange rates for their customers. This ethos continues to guide Lumon’s operations to this day. The company takes great pride in offering a service that is “people-led and tech-enabled.”
Customer-Centric Approach
Lumon understands that their customers are motivated by their goals—whether it's buying property, getting married, retiring, growing their business, or expanding to new territories—not just the rates, products, and processes involved. Lumon's experts have a deep understanding of currency markets, and their cutting-edge technology platforms are vitally important in providing excellent service.
Turning Ambitions into Achievements
Lumon combines their technological advancements with a deep understanding of their customers’ ambitions to turn overseas payments into achievements and dreams into realities. Lumon stands out for its commitment to customer satisfaction and excellence in currency exchange services.
Using a currency exchange company can offer numerous benefits over traditional banks, including better exchange rates, lower fees, faster and more convenient transactions, specialized expertise, a wide range of services, enhanced security, and personalized customer service. While some concerns about using currency exchange companies exist, understanding their regulatory environment and security measures can alleviate these worries. Whether for personal travel, business, or investment purposes, a currency exchange company like Lumon can provide a more efficient and cost-effective solution for your currency conversion needs.
By choosing the right currency exchange company, you can ensure that you get the best value and service for your money, making your international financial transactions smoother and more profitable.
Dreaming of owning a slice of Spanish paradise? Whether it's a beachside retreat in Marbella or a charming townhouse in Valencia, buying property in Spain as an international buyer can be a thrilling journey. However, navigating the Spanish mortgage market as a non-resident comes with its own set of considerations. Fear not! In this guide, we'll walk you through the process of obtaining a mortgage in Spain as an international buyer, making your dream of owning property in this vibrant country a reality.
Before delving into the specifics of obtaining a mortgage, it's crucial to grasp the nuances of the Spanish mortgage market for international buyers. Here are some key points to keep in mind:
Now that you understand the basics of the Spanish mortgage market for international buyers, let's explore the steps involved in securing a mortgage:
Securing a mortgage in Spain as an international buyer may seem daunting, but with careful planning and guidance, it's entirely achievable. By understanding the unique requirements of the Spanish mortgage market for non-residents and following the steps outlined in this guide, you'll be well on your way to owning your dream property in this captivating country. ¡Buena suerte! (Good luck!)
Introduction:
Spain, with its stunning coastline and Mediterranean climate, has long been a favorite destination for property investment, especially among those seeking sun, sea, and sand. The allure of beachfront properties is undeniable, but is it wise to solely focus on the beach when buying real estate in Spain? In this blog, we'll explore the reasons why a broader perspective is essential when considering property investment in this beautiful country.
Conclusion: While the allure of beachfront living in Spain is undeniable, it's essential not to let the golden sands blind you to other important considerations when purchasing property. By taking a holistic approach and considering factors such as seasonal appeal, environmental risks, noise levels, amenities, and diversification, you can make a more informed decision that aligns with your long-term goals and preferences. So, before you dive headfirst into that beachfront property, take a step back and consider the bigger picture.
