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Living in Spain - Post Brexit

Living in Spain – Post Brexit

Living in Spain Post Brexit with Villasol Real Estate

Spain offers various types of visas to accommodate different purposes of travel and stay. Some common types of visas for Spain include:

1. Tourist Visa (Schengen Visa): For short-term visits, allowing stays of up to 90 days within a 180-day period for tourism, family visits, or business meetings.

2. Non-Lucrative Visa: For individuals with sufficient income or savings who wish to live in Spain without engaging in work or business activities.

3. Student Visa: For international students enrolled in Spanish educational institutions.

4. Work Visa: Required for foreign nationals planning to work in Spain. Specific work contracts and employer sponsorship are usually necessary.

5. Entrepreneur Visa: For those looking to invest in or start a business in Spain.

6. Family Reunification Visa: Allows family members to join a Spanish resident or citizen.

7. Golden Visa: Available to investors who purchase real estate or make significant financial investments in Spain.

8. Transit Visa: For travellers passing through Spain to another destination.

9. Diplomatic and Official Visas: Issued to diplomats, government officials, and representatives of international organizations.

The specific requirements and application process can vary depending on the visa type and the applicant's nationality. It's crucial to consult the Spanish consulate or embassy in your home country for up-to-date information and guidance on the visa application process.

Below are further details of the main residential visa required.

Non Lucrative Visa

A non-lucrative visa in Spain allows foreigners to reside in the country for an extended period without engaging in paid employment or business activities. It's designed for retirees, remote workers, or individuals with sufficient financial means to support themselves. Applicants must demonstrate proof of substantial income or savings, to apply for a non-lucrative visa for Spain in 2023, you must have a monthly income of €2,400 or an annual income of €28,000. You will need an extra €7,200 (annually) for each family member you wish to bring with you. Adequate health insurance, and a clean criminal record are also essential. This visa typically grants temporary residency, which can be renewed, leading to permanent residency and eventual citizenship if certain conditions are met. It's a popular option for those seeking a tranquil life in Spain without the need to work for a Spanish employer.

Golden Visa (Type RIV)

Residency Visas for Acquisition of Real Estate (RIV), known as a Golden Visa for Spain is a residency-by-investment program that allows non-EU/EEA citizens to obtain Spanish residency by purchasing real estate in the country. To qualify, investors must meet specific property investment thresholds, typically starting at €500,000 or higher, depending on the region. This visa grants temporary residency, which can lead to permanent residency and eventual citizenship if certain conditions are met. It's an attractive option for individuals seeking European residency and the opportunity to invest in Spain's real estate market, while also enjoying the benefits of living and traveling within the Schengen Area.

 

Villasol Real Estate - Your Premier Estate Agent in Nerja

Villasol Real Estate – Your property sales specialist for Nerja, Frigiliana, Torrox and the Eastern Costa del Sol.

Providing property sales and long term rentals since 2002, Villasol has extensive experience and informed local contacts to help you find and secure your dream property in the sun. Our dedicated team can help you with your property Investment, we have a wide selection of Apartments and Villas in our portfolio. To qualify for the Golden Visa, it is possible to purchase more than one property, as long as the total investment is equal to or greater than 500,000 euros. We can guide you through the application process, introducing you to local specialist lawyers and experts and ensure a smooth and stress free process.

Additional Information Links:  FLIGHT INFORMATION   -   HEALTH & HOSPITALS   -   HOTELS & HOSTELS   -   MORTGAGES

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