Non Lucrative Visa Spain Citizenship?

Non Lucrative Visa Spain Citizenship
What is a non-lucrative visa, and who is it ideal for? – Spain’s non-lucrative visa allows non-EU citizens to live in Spain if they can prove that they have the financial resources to support themselves and their family. A non-lucrative visa can be applied for by third-country nationals who wish to reside in Spain for longer than 90 days and do not intend to work in Spain.

Does Spain offer citizenship by investment?

Non-Lucrative Visa in Spain | Documents & Requirements | Everything you need to know!

There is no way to obtain Spain citizenship by investment. An investor can become a Spanish citizen by naturalisation: get a residence permit by investment, move to the country, get permanent residence in a few years, and only then apply for citizenship.

To obtain permanent residence , you must permanently live in the country for at least 5 years. You cannot spend more than 10 months outside Spain during these five years. It is not recommended to frequently travel outside the country and leave Spain for more than three consecutive months.

An applicant for permanent residency confirms financial solvency, housing in Spain, and medical insurance. When deciding on the application, the investor’s law-abiding nature and the degree of their integration into Spanish society are considered. It is also checked whether the applicant filed tax returns yearly and paid taxes in full. They also pass two exams:

  • DELE to confirm proficiency in Spanish at the A2 level or higher;
  • CCSE to prove their knowledge of Spanish cultural and legal life.

Spain forbids its citizens from having several citizenships at once, so you will have to give up your first citizenship. The exceptions are made for citizens of three European countries — France, Portugal and Andorra — and several Latin American countries, where Spanish is recognised as the official language. Minor children of Spanish citizens are automatically entitled to Spain citizenship.

  1. Permanent residence is valid for life;
  2. The permanent resident card is renewed every five years;
  3. To obtain Spain citizenship , adult applicants must live in the country with residence permits or permanent residence cards for at least 10 years;

Children are exempted from taking exams. A child can get Spain citizenship at birth if at least one of their parents is a Spanish citizen. The place of birth does not matter. If the parents change their citizenship to Spanish, their child can become a Spanish citizen within two years.

The period of the child’s residence in Spain does not matter. Children born in Spain do not automatically get citizenship by right of soil. They can become Spanish citizens after a year of living in the country with a residence permit.

Thus, at least one child’s parent must also have a residence permit.

Can I get citizenship in Spain by buying a house?

Which are the main requirements? – First and foremost, the most crucial requirement you must meet for a successful application is to demonstrate the real estate investment. That is done through the certificate of ownership from the Land Registry , and the deed supporting the purchase of the property or properties.

You can find more information about how the property purchasing property works in Spain here. Even though the most common path is buying a property (as then the required investment amount is lower, 500.

000€) there are also other options as buying shares of a Spanish company or purchasing Spanish debt. Nevertheless, then the minimum investment rises to over 1 million euros. On the other hand, we find some extra requirements; even though those are really attainable.

  • If you want to get residency after buying a property, you will have to hire private health insurance with a Spanish company;
  • Usually costs range between 50 and 70€ per month, even though you may find discounts for families;
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Also, you will have to submit your criminal records certificate , showing an absence of entries. Bear in mind that all foreign documents must be legalized and legally translated into Spanish. The process is divided into 2 different steps : applying for your visa/residency, and then obtaining your residency card.

Does Spain allow dual citizenship?

Does Spain allow dual citizenship? – Yes, the Spanish Civil Code does allow dual citizenship , but just under certain circumstances. As a general rule, when you apply for and are granted Spanish nationality by residency , you must renounce your prior citizenship.

Nevertheless, there is an exemption: those individuals from Ibero-American countries (former Spanish colonies), Equatorial Guinea, the Philipines, and Portugal can keep both their original nationality and the Spanish one.

*Guyana, Trinidad and Tobago, Jamaica, and Haití are not considered Ibero-American countries for this purpose, but Puerto Rico is. So, for example, if you hold a British passport, you will have to renounce your nationality from Britain in order to obtain the Spanish one.

How do I get Spanish citizenship with money?

Investment Options – Spain RBI requires investors to make an economic contribution to Spain. Within this context, applicants have following investment options:

  • Investment of at least €500,000 EUR into the real estate projects on the condition to hold the property until having the permanent resident. (Visa holders may obtain permanent residency after 5 years)
  • Investment of €2 million EUR in Spanish bonds on condition to keep the investment for a minimum period of 5 years
  • Investment €1 million EUR in shares of Spanish companies on condition to keep the investment for a minimum period of 5 years
  • Deposit of €1 million EUR in Spanish bank account on condition to keep the investment for a minimum period of 5 years

There are also some general requirements to be met for all investment types. Funds for investment should come from abroad and the applicants shall submit a bank statement that demonstrates their sufficient economic conditions for family living expenses. Apart from the abovementioned requirements, the main applicant must be over 18 years of age and his/her family members shall have a clean personal background, shall be in good health and of character.

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What is the cheapest citizenship by investment?

Antigua and Barbuda – Antigua and Barbuda Citizenship by Investment program is one of the cheapest on the market. This program is highly appealing to those seeking dual citizenship and visa-free travel opportunities. The price of a second passport starts from $100,000, which is a relatively low sum compared to other investment schemes. So what investment opportunities can you take to get the cheapest citizenship in Antigua and Barbuda?

  1. Investment in real estate — From $200,000
  2. Donation to the National Development Fund — From $100,000
  3. Investment in the West Indies Fund — From $150,000 for a families of 6 or more
  4. Business investment — From $400,000

And if you want to know more about the cost breakdown for obtaining an Antigua and Barbuda passport through investment, reach out to this article.

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    How long do you have to live in Spain to become a citizen?

    Naturalisation – You are eligible to apply for Spanish citizenship through naturalisation if you have experienced Spanish residency for ten years and have no criminal record. You will also be required to pass the DELE and CCSE tests to check that you are proficient in the Spanish language and have an awareness of the general culture.

    1. There are some exceptions to this, however;
    2. If you are a refugee, you may apply after five years of residence in Spain;
    3. Nationals from Ibero-American countries or Spanish territories may apply for citizenship after only two years;

    Those who fall under this bracket may originate from Andorra, the Philippines, Equatorial Guinea or Portugal. This policy also applies to those of Sephardic Jewish origin. You can read more about applying for Spanish citizenship as a Sephardic Jew here. When applying for Spanish citizenship through naturalisation, you must complete an application form either entirely online through the SEDE electronica, or this can be done in person at the Spanish Civil Registry.

    How do I get Spanish citizenship with money?

    Investment Options – Spain RBI requires investors to make an economic contribution to Spain. Within this context, applicants have following investment options:

    • Investment of at least €500,000 EUR into the real estate projects on the condition to hold the property until having the permanent resident. (Visa holders may obtain permanent residency after 5 years)
    • Investment of €2 million EUR in Spanish bonds on condition to keep the investment for a minimum period of 5 years
    • Investment €1 million EUR in shares of Spanish companies on condition to keep the investment for a minimum period of 5 years
    • Deposit of €1 million EUR in Spanish bank account on condition to keep the investment for a minimum period of 5 years

    There are also some general requirements to be met for all investment types. Funds for investment should come from abroad and the applicants shall submit a bank statement that demonstrates their sufficient economic conditions for family living expenses. Apart from the abovementioned requirements, the main applicant must be over 18 years of age and his/her family members shall have a clean personal background, shall be in good health and of character.

    How do you qualify for Spanish citizenship?

    Naturalisation – You are eligible to apply for Spanish citizenship through naturalisation if you have experienced Spanish residency for ten years and have no criminal record. You will also be required to pass the DELE and CCSE tests to check that you are proficient in the Spanish language and have an awareness of the general culture.

    There are some exceptions to this, however. If you are a refugee, you may apply after five years of residence in Spain. Nationals from Ibero-American countries or Spanish territories may apply for citizenship after only two years.

    Those who fall under this bracket may originate from Andorra, the Philippines, Equatorial Guinea or Portugal. This policy also applies to those of Sephardic Jewish origin. You can read more about applying for Spanish citizenship as a Sephardic Jew here. When applying for Spanish citizenship through naturalisation, you must complete an application form either entirely online through the SEDE electronica, or this can be done in person at the Spanish Civil Registry.

    How can I become a citizen of Spain?

    How to get Spanish citizenship – You can apply for Spanish nationality after 10 years of residence in Spain. You can also acquire Spanish nationality by getting married in Spain or birth, even if you or your Spanish parents were born outside Spain. Non Lucrative Visa Spain Citizenship Photo: Ricardo Rubio / Europa Press via Getty Images All applicants must prove that they are a good citizen. This means that you must be financially stable and have no criminal record. In addition, you must show a sufficient degree of integration into Spanish society. For example, you can speak Spanish and you take part in social activities that are part of the Spanish way of life.

    You have to apply at the Civil Registry where you live in Spain. You will need to take along the required supporting documents for your Spanish citizenship application, plus a completed Spanish citizenship application form.

    If you are 18 years or above, 14 or older with legal assistance, or the legal guardian of a person under 14, you can apply for Spanish citizenship. The process of applying for citizenship in Spain may be much easier with the help of expert immigration attorneys such as  Balcells International Lawyers Group , Carbray, or Martínez-Echevarría, who can assist you with every phase of the process of obtaining your residency permit.