Visas and Residences

The Golden Visa, or investor visa, was a popular residence permit for non-EU citizens who made a significant investment in Spain. However, as of April 3, 2025, this program has been eliminated, putting an end to new applications. This measure aims to discourage real estate speculation and direct immigration policy towards high-value-added profiles in other areas. Fortunately, there are equally attractive alternatives for those wishing to reside in Spain without a traditional job offer.

Digital Nomad Visa

This visa is one of the main alternatives for professionals who work remotely. It is aimed at freelancers or employees of foreign companies who wish to reside in Spain. To obtain it, one must demonstrate sufficient income for the applicant and their family members, as well as a minimum of three months of tenure with the company or contractual relationship. The initial duration of the visa is one year, extendable to three, and it allows the holder to live and work remotely from anywhere in the country.

Non-Lucrative Residence

This is an ideal option for individuals with passive income, such as retirees or rentiers. The key requirement is to demonstrate financial solvency without the need to work in Spain. The minimum amount required is 400% of the IPREM (approximately €28,800 annually) for the applicant, plus an additional 100% of the IPREM for each dependent family member (~€7,200 per person). Additionally, one must have private health insurance with full coverage in Spain and no copayments, as well as a criminal record certificate and a medical certificate. The initial authorization is for one year, and subsequent renewals are valid for two years, allowing for long-term residency after five years.

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