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Expay can offer assistance with the NLV for Non Eu Members in the USA for your journey to a new life in Spain.

Non Lucrative Visa

With EXPAY

What is the Non Lucrative Visa?

The Non Lucrative Visa (NLV) is designed for non-EU/EEA and non-Swiss foreigners who wish to live full time in Spain, but without working there or making a large investment in the country (such as for the Spain Golden Visa).

(NLV) allows foreigners to get residency based on proof of sufficient economic means, originating from a source outside Spain, €28,800 being the required amount for the 1st Person, Iprem amount for 2nd and Subsequent €7,200.

*Iprem will can and does change often in the new tax year for spain Jan to Dec..

These amounts can be made up of passive income (state pension, occupational pensions), savings (including investments and pension pots) or a combination of the two.

*€28,800 for information is 4 X IPREM (Indicador Público de Renta de Efectos Múltiples).

The IPREM is announced by the Spanish authorities annually in January, it can increase so you need to be aware that financial requirements can also increase.

We do accept unmarried Partners, and have had many approved without any problems.

What is the Process

If you choose ExPay for assistance with your visa application, you are opting for a service that aims to streamline the often complex and overwhelming process.

Our team is dedicated to making sure that your experience is as smooth as possible. By making use of of our services, you can expect personalized guidance tailored to your specific needs and circumstances. We will not only provide you with a checklist of the necessary documents for your appointment at the Consulate/BLS center but also ensure that you have a clear understanding of what is required based on your unique situation.

Our expertise allows us to evaluate each application individually, taking into account factors such as your location and the specific consulate you are dealing with. This means that the information and assistance we provide can be customized to suit your exact circumstances, ensuring that your visa application is as accurate and successful as possible.

Our customers deserve the highest level of support, and we work tirelessly to maintain those standards.

Requirements

Here is a list of what the basic requirements are, we will provide more information on application as each consulate do sometimes vary in the requisites so we will list the main ones.

A police report is always needed from the last country you have spent the past 5 years, so if you have only been in the USA then you will need an

Criminal record check certificate:

The criminal background check must be issued by the U.S. Department of Justice – Federal Bureau of Investigation (FBI). State background checks issued by the Department of Law Enforcement and those issued at a local level will not be accepted. The background check must be issued within the five months preceding the submission of the visa application. It must be authenticated with the Apostille of The Hague of Washington DC (US Department of State) and translated into Spanish.

After conducting thorough research on the process of applying online, we have determined that it would be more efficient and cost-effective for the applicant to handle the submission themselves, especially considering the requirement for fingerprints to be sent to the FBI. However, we are more than willing to provide all the necessary links for the application and detailed instructions to guide you through the entire process seamlessly. Upon receiving the completed application with the Apostille, we can further assist by arranging for its translation. Rest assured, we work exclusively with a Government-approved translator to ensure accuracy and reliability in the translation process, which is included as part of our comprehensive application service. Our goal is to streamline the application process for you while maintaining the highest standards of quality and efficiency. By offering guidance, support, and access to trusted resources, we aim to facilitate a smooth and successful application experience for all our clients.

Medical certificate. Applicants requiring a visa for a stay of more than 180 days must submit the original and a copy of a medical certificate accrediting that they do not suffer from any disease that could cause serious repercussions for public health pursuant to the 2005 International Health Regulations.

We have a user-friendly form available for your convenience. This form is designed to streamline the process for you, ensuring a smooth and efficient experience. In addition to the form itself, we provide detailed instructions and valuable advice to guide you through each step. It's important to note that this form does not require an apostille or translation, simplifying the submission process. However, please be aware that a signature from a Doctor is a necessary component for completion.

Healthcare,

Health insurance. Original and a copy of the certificate accrediting the public or private health insurance with no co-pay (or deductible) contracted with an insurance entity authorized to operate in Spain. The insurance policy must be valid for 1 year and must cover all the beneficiaries of the visa for the risks insured by Spain's public health system. No travel insurances with medical assistance coverage will be accepted.

We partner with a company dedicated to offering top-notch service and quotes from more than 30 insurers, ensuring the best options for you.

Specializing in expat insurance, they possess the knowledge of visa application requirements and will present you with quotes tailored to your preferences and desired location in Spain for you to select from.

You are also welcome to use your own.

Proof of financial means.

The applicant must submit the originals and a copy of the documents proving that they have sufficient financial means to cover the expenses of residing in Spain for the initial year of the residence permit, or accrediting that they have a regular source of income, for themselves and, where applicable, for the family members accompanying them.

The minimum required amount is equivalent to 400% of Spain's Public Multiple Effects Income Indicator (IPREM).

To this amount must be added 100% of the IPREM for each family member in the applicant's care. As the first Paragrapgh.

Documentation in original form with an official stamp and seal of the issuing agency that verifies sufficient economic means for the period of residency in Spain or certifies the availability of a non-working monthly income (eg. pension) that satisfies the minimum financial requirements.

If you are of working age, you will need to prove receipt of a pension or provide a termination letter from your employer stating that you will no longer work for that company or, in case of self-employment, you will need to provide an affidavit before a Notary stating that you agree not to work while residing in Spain.

In the case of retirees, the applicant must be a beneficiary of a State pension in convertible currency or be a beneficiary of a life annuity, not capitalizable, payable by a public or private institution in convertible currency and / or investment accounts.

copy of the last tax return can be more in some states.

Residency applicants cannot have/leave loans or mortgages in the United States when applying for residency in Spain.

Main Requirements ;

Passport Valid with a minimun of a year

Healthcare must be a Spanish company

Certificate of Good health

Monetary resources;

Birth Certificates for under 18, updated within 3 months and apsotille, we will translate within the cost.

Marriage Certificates if applicable, update within 3 month and apostille, we will translate within the cost.

Whats Next After Approval?

Upon receiving the Approval, the NIE will be issued if you don't already have one, and it will be included in your Visa.

You will be required to collect the Visa in your passport, if permitted, or it will be sent to you along with the Visa.

The Schengen visa is valid for 90 days, providing ample time to settle in Spain. You can request multiple entries to delay the TIE process if you are not prepared, which is common.

We offer guidance and resources for obtaining the padron once you arrive, although the process varies by region, and we do not charge for this service. The padron is necessary for the TIE appointment. Subsequently, we assist in scheduling your TIE appointments, providing all necessary documents and instructions.

We do not accompany you to the appointment to keep costs low, as the process is straightforward and routinely conducted by immigration officials. The 30-day timeframe for obtaining the TIE on consulate paperwork after entry is somewhat outdated, considering the challenges in securing appointments in certain regions. Therefore, there is no need for concern. We will arrange appointments for you anywhere in Spain through Expay.

You will be given a complete list of what is required, all paperwork supplied, assistance with appointments, instructions and we will be on hand when you need us staying with you all the way.

Prices Start from €950 per adult, €560 per child, please get in touch for an application email for further information.

Taxes once in Spain.

All Residents of Spain are obliged to submit a first year tax return, Even if you submit one in the birth country, any taxes paid will be noted and deducted as per the DT rules, but ALL world wide income as to be declared, especially after the Modelo 720 has been submitted (See Below)

For more information https://www.expayonline.com/post/la-renta-tax-return-in-spain.

Expected Changes in 2025:

While the exact requirements for 2025 may change, some likely adjustments could include:

Increased Income Thresholds: The IPREM and minimum income thresholds for renewal could increase due to inflation, with both the main applicant and any dependents needing to show higher earnings or financial stability.
Stricter Proof of Funds: Spain has been gradually tightening residency rules to ensure non-lucrative visa holders have sustainable finances. There may be more scrutiny on the types of funds or assets used to meet the financial requirements, and additional documentation may be required.
This could include a submitted Tax return.
Keep updated on our page.

The Modelo 720. Does this apply to you?

The obligation to file Form 720 lies on Spanish residents and legal persons who, at any time during the year own;

Foreign Bank Accounts: Money in banking institutions abroad.
International Investments: Securities representing equity in foreign entities.
Property abroad, including any rights associated with them.
Spanish residents are individuals to spend over 183 days in Spain, which makes one a Fiscal Resident
Remember it is not for any money or assets held in Spain, overseas only
This includes individuals, beneficiaries, representatives, and companies with rights of disposal or full ownership.
Even if some or all of the foreign holdings were sold before the end of the year, they must be reported.
For foreign assets acquired as gifts or inheritance, the cost amount is considered as the fair market value at the time of receipt.
The M720 is an informative submission and no Tax will be due on this form, it is to let the Spanish Government know what you have outside of Spain, as this can be subject to Taxes due if assets are sold and money has earned interest for example.