Spain financial independence visa

Financial independence/Retirement Visa

SPAIN

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Spain retirement or Financial independence visa is one of the most popular ways to stay in Spain for people who have a good economic situation and can live in this country without working; which is also known as the Spanish retirement visa. The Spanish retirement visa is one of the branches of immigration through investment. Therefore, people must provide documents to prove their good and appropriate financial conditions, which we will further discuss the conditions and methods to get retired to spain. Stay with Andishe.

Requirements for retirement visa to spain

In order to obtain Spain residency by retiring visa, the applicant needs sufficient income from a specific source of income and sufficient deposit in the bank; Also, having no criminal record is one of the important conditions for spain retirement visa. In the following, we will give a more complete explanation about each of them.

1:We found that a significant income is one of the most important conditions for acquiring residency in Spain by a retirement visa; This income is different for heads of the family compared to other family members. The head of the family must have an income of at least 2,500 euros per month, his wife at least 1,000 euros per month, and each of the children 600 euros per month, which generally requires an income of 4,700 euros per month for a family of four.

But having a certain source of income is an important condition for obtaining a Spanish financial aid visa, which must be provided with sufficient official documents to prove it. acceptable sources of income that you need proof of; It can include pensions, income from renting real estate in Iran, or interest on bank deposits and dividends, as well as business income.

2:In order to get residency in Spain by a retirement visa, you must have a minimum monthly income of a family for one year in the bank. This means that each family of four needs at least 48.500 euros in their bank account to obtain a residence permit in Spain. Not having a criminal record in your own country or any other country is one of the most important conditions for obtaining a Spanish visa, which should be given special attention.

Steps to immigrate to Spain through retiring or financially independence visa

retirement visa to spain includes two important parts, one of which must be done in the immigrant’s country of origin and the other in Spain:

In the first stage, the applicant must submit his documents, which include the visa application form, passport photo, original and photocopy of the main page of the passport, EX1 form and 790-59 form printed and filled with signature, medical certificate, certificate of no bad background, financial ability certificate, send a copy of the tax declaration, health insurance, visa fee, marriage or divorce certificate to the nearest Spanish embassy where you live.

If any of these documents are incompletely submitted, your application will be rejected and the amount you paid will not be refunded. It should be noted that the application process for each embassy may be slightly different from the other. Therefore, getting the help of an experienced lawyer in this field can prevent potential problems. If your application is approved at the Spanish Embassy in your country, you must apply for your residence card within 30 days after your arrival in Spain.

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Who can apply for getting retirement visa for spain

spain retirement visa is suitable for 3 categories of people. First, those who intend to retire to Spain, secondly, immigrants who have the ability to pay their living expenses and support themselves without having to work in this country; And third, people who want to stay in this country without working for the first year, but start their professional activity after one year.

Benefits of the no-lucrative retiremet visa Spain

Some of the benefits of immigrating to Spain through financing include:

You will not need to invest in the Spanish economy to get this visa.
You will be exempt from paying annual taxes.
You will experience living in Spain, which is one of the best countries in the world.
You will have the possibility of becoming a Spanish citizen and obtaining an EU passport.
It will be easy for you to get visas from other countries.
You will have the opportunity to study for free.
You will be able to have a Spanish bank account and receive an international credit card.
Permanent residence is not required to renew this type of visa and you can only spend 6 months a year in Spain.
You can invest in Spain.
Your family members can be included in your visa and study with you.

Financial independence/retirement visa for spain fees

The amount required to obtain a Spanish pensioner visa varies according to the nationality of the applicant. For example, US citizens need to pay 123 euros and Canadian citizens need to pay 507 euros to immigrate to Spain through retiring visa, and citizens of other countries also need 80 euros for this purpose. for more information about this type of visa to spain, you can call Andisheco or message on Whats app for consultation

Frequently Asked Questions regarding spain retirement visa

Does the retiring visa for Spain lead to obtaining permanent residence in this country?

After 5 years, you can get permanent residence in Spain if you have spent 30 months in this country during this period and under no circumstances, you have not been out of this country for more than 12 consecutive months.

What are the conditions for obtaining Spanish residency through financial means?

Being able to pay living expenses in this country and not having a criminal record, as well as having a suitable monthly income and having a suitable deposit in the bank are among the main conditions for obtaining a Spanish visa.

What are the working conditions for those who have the financial means to stay in Spain?

This type of residence is issued to people who, due to having a good income, do not need to work in the country in question. Therefore, staying in this way will not allow immigrants to work for someone else, but people can start a business or register a company in this country.