Non Lucrative Visa Spain
The non lucrative visa spain is a residence visa offered by the Spanish government to foreigners who can prove that they have sufficient economic means to support themselves and their family while living in Spain without engaging in any professional or business activities. It is a very popular option for those looking to enjoy the lifestyle and culture of the country without having to worry about the hassles associated with working or running a business. The good news is that it also counts towards permanent residency, which can eventually lead to citizenship after 10 years of residence in the country.
The main requirements for the non lucrative visa spain are a clean criminal record, proof of income and savings, and evidence that you have health insurance. You will also need to provide a medical certificate that states that you do not suffer from any illness or disease that may pose serious public health repercussions (including covid-19).
If you are interested in applying for this visa, it is important to start gathering the necessary documents as soon as possible. These documents will need to meet the requirements set out by the Spanish government and must adhere to strict guidelines. It is also a good idea to hire a professional immigration consultant to assist you in the process.
Proof of income: You will need to present bank statements from the past three months that demonstrate that you have sufficient income to cover your monthly expenses and other costs while living in Spain. It is also helpful to have a letter from your employer outlining your salary. If you plan to work remotely while living in Spain, it is essential that the company where you are employed understands this arrangement and is willing to accommodate your needs.
Obtaining health insurance: As with many other types of residency visas in Europe, the non lucrative visa requires that you have private health coverage. However, there is one key difference here: your policy must be contracted with a company that only operates in Spain. In addition, the contract must be at least one year long and must include all medical specialties with no copayments.
Once you have met the requirements for the non lucrative visa, you will be able to live in Spain for up to three years while still maintaining the ability to travel freely within the Schengen area. During your stay, you are allowed to study and complete paid internships in Spanish companies. Moreover, the visa does not restrict you from working remotely and in fact, it allows you to work for foreign companies while staying in the country.