Worker, retiree or investor: What type of Spanish visa do I need?
The Local – 27 May 2022
If you’re from a non-EU country you will need a visa in order to stay in
Spain for longer than 90 days, but knowing which type of permit is best for you
can be tricky. Here's how to find the right one for you based on your
circumstances.
If you are a citizen of a non-EU country then you may benefit from the
90-day rule, allowing you to visit Spain for 90 days out of every 180 without
needing a visa. Countries including the UK, USA, Canada and Australia all
benefit from this rule.
Citizens of certain countries require a visa even for a short trip.
However, the tricky part comes when you want to move to Spain and spend
longer than just those three months. What are your visa options, whether you
want to move to Spain to retire, to work or even to set up your own
business?
Retirees:
The best option for retirees is to apply for the non-lucrative visa
(NLV). This allows you to live in Spain for one year, but as the name suggests
you are not allowed to work.
In order to apply an applicant must show they have €27,792 at their disposal for one year (€34,740 if it’s a
couple), as well as comprehensive health insurance.
If you want to stay in Spain beyond this year, you can either renew it
for a further two years (again proving you have the financial means) or change
your visa for a work permit or a self-employed permit through the residence modification process.
The NLV is also the best option for those who want to live abroad
temporarily. Those who want to stay in Spain for more than three months, but
are not planning on living here permanently. It’s ideal for those on a
sabbatical for example who have savings or investments and who do not need to
work in Spain while here, but want to stay here for a year. It’s also the best
option for those who have the financial means to do so.
If you plan on moving to Spain for work or in order to look for a job,
then you will need a work permit. Unfortunately getting a work permit can be
tricky because in most cases as a non-EU national, the position you apply for
must be on Spain’s shortage occupation list.
Your employer will also have to prove that there were no other suitable
candidates within the EU to be able to fulfill the vacancy. This means that
only highly skilled workers or those that work in industries that need workers
are likely to be successful. These mostly include jobs in the maritime or fishing
industries or sports coaches.
If you are wanting to become self-employed, then the entrepreneur visa
could be a good option, allowing you to live in Spain for one year in order to
open up a business. Be aware however your business must be considered as
anything of innovative character with special economic interest for Spain.
You will have to prove you have the necessary qualifications to set up
your business and will also have to submit your business plan to the
authorities for it to be approved. The entrepreneur visa can be extended for a
further two years after your initial one has been granted.
Investors:
If money is no object and you want to invest in a Spanish property then,
you’ll want to apply for Spain’s golden visa.
To be eligible, you must invest €500,000 before taxes in a property here. It
won’t allow you to work, but it will allow you access to the entire Schengen
area. This will also allow your spouse and any dependent children to move to
Spain with you.
Another option for investors is the entrepreneur
visa as described above, if you want to use your investment to set
up a business in Spain.
Joining family members:
If you happen to have a family member who is an EU citizen and lives in
Spain or a non-EU relative that has residency in Spain, then you have another
option. This is called the family reunification visa. However, in order to be
eligible, you need to be a spouse or a dependent child and your relative must
have the means to financially support you.
Students:
Enrolling on a course and applying for a student visa is one way for
non-EU citizens of any age can live in Spain beyond the regular length of a
tourist stay.
You will have to apply for a short-term or long-term student visa,
depending on the length of their course. A student advantages can several
advantages such as being able to work part-time or bringing over family
members.
www.samigration.com