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YOUR WORLD, YOUR CHOICE
Spanish residence permit for
financially independent person
OFFICIAL STATE PROGRAM
YOUR WORLD, YOUR CHOICE
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YOUR WORLD, YOUR CHOICE
Who is this for?
- •Suitable for those who plan to live in Europe or travel to Schengen countries.
- •Residence permit in Spain for financially independent persons is an official program that can be
- •Obtained by foreigners with legal passive income from abroad.
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YOUR WORLD, YOUR CHOICE
Income options:
- •Savings
- •Pension
- •Income from renting out real estate or dividends.
A residence permit for financially independent persons does not give the right to work or run a business in Spain.
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YOUR WORLD, YOUR CHOICE
Basic Program Requirements:
- •Investor over 18 years of age
- •It is necessary to present a certificate of no criminal record
- •Proven legal passive income
- •Own or rented real estate in Spain
- •Availability of medical insurance
- •Children or parents financially dependent on the main applicant
YOUR WORLD, YOUR CHOICE
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YOUR WORLD, YOUR CHOICE
Basic Program Requirements:
- •The program assumes that the applicant supports his/her life with the income he/she receives from abroad.
- •In order to obtain a residence permit it will be necessary to buy or rent real estate and register at the address.
- •You must live in the country for at least 183 days per year to maintain status.
YOUR WORLD, YOUR CHOICE
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YOUR WORLD, YOUR CHOICE
Income and savings requirements:
- •Minimum passive income for the main applicant €28,880/year
- •Income for each additional family member: 7,200 euros/year
YOUR WORLD, YOUR CHOICE
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YOUR WORLD, YOUR CHOICE
Main benefits of the program
Opportunity to move to permanent residence status after 5 year
Opportunity to obtain a Spanish passport after 10 years
Opportunity to live in Spain
The right to study in Spanish universities
Access to European banks (possibility to open accounts)
The right to undergo treatment in Schengen clinics
YOUR WORLD, YOUR CHOICE
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YOUR WORLD, YOUR CHOICE
Stages of obtaining a No lucrative Spanish Visa:
Collection of documents and their submission in Spain or Russia
(about 2 weeks)
Verification of documents
(about 3 months)
Obtaining a national D visa in Spain
(D visa is valid for 90 days)
Applying for a residence permit in Spain
(about a month)
Receipt of residence permit card
The residence permit card is valid for 1 year, it can be extended for two years up to two times.
The main condition for the extension is to live in the country for at least 183 days per year.
YOUR WORLD, YOUR CHOICE
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