In recent years, Spain has become a highly attractive destination for people of various nationalities thanks to its warm climate, affordable lifestyle, and high quality of life. However, with the announcement of the end of the Golden Visa program in April 2025, many potential residents are seeking viable alternatives to legally settle in the country.
At ARC Legal, we have received numerous inquiries about the available options to settle in Spain in the medium to long term after the end of the Golden Visa. Among all these options, the Non-Lucrative Residence stands out as one of the best alternatives, especially for those looking to live in Spain without the need to work. Below, we explain why this option might be ideal for you.
Why choose the Non-Lucrative Residence?
The Non-Lucrative Residence allows foreign nationals to reside in Spain without engaging in any professional or work-related activities. This means you can enjoy a peaceful life in Spain as long as you have the financial resources to cover your expenses. Moreover, this type of residence opens the door to future Spanish nationality applications, and over time, you could obtain permanent residency if you decide to extend your stay.
According to recent data from Bloomberg, Americans have shown a growing interest in this visa as an alternative following the “controversial” presidential election in their country. Similarly, British nationals have found this visa a suitable solution to settle in Spain.
Requirements to obtain the Non-Lucrative Residence
- Non-EU citizenship: This permit is intended for individuals from outside the EU, the European Economic Area, or Switzerland.
- Sufficient economic resources: You must demonstrate monthly income of 400% of the IPREM (Public Indicator of Multiple Effects Income), plus an additional 100% for each family member accompanying you.
- Health insurance: You will need valid public or private health insurance in Spain.
- No criminal record: You must not have been convicted of a crime in the last five years in your country of origin or residence.
- Medical certificate: A certificate must be submitted proving that you do not have any diseases that could pose a risk to public health.
- Additional requirements: Local consular authorities may request additional requirements. Feel free to contact our team so we can guide you through the specific requirements for your case.
How can ARC Legal assist you with your Non-Lucrative Residence?
At ARC Legal, we specialize in immigration law and understand how complicated the process of applying for a Non-Lucrative Residence can be. That’s why we have designed a comprehensive package to guide you step by step in obtaining your Non-Lucrative Residence.
Our package includes:
- Personalized Advice: We evaluate your specific case, as well as your family’s, and assist you in gathering all the necessary documentation to submit your application.
- End-to-End Process Management: We support you throughout the entire procedure, from submitting your application to handling all migration-related processes once you are in Spain (e.g., local registration, TIE card, etc.). At ARC Legal, we take care of all legal and administrative formalities.
- Health Insurance and Bank Account Setup: We assist with these two procedures so you don’t have to worry about a thing. We collaborate with the country’s leading banks and insurance providers.
- Resolution of Queries: We are by your side throughout the process to ensure everything goes smoothly.
If you would like more information about the Non-Lucrative Residence, do not hesitate to contact us. At ARC Legal, we will be delighted to send you a comprehensive guide on this type of residence and help you take the first step toward starting your new life in Spain.