3-Year Spanish Residence Permit for Financially Independent Individuals

Obtaining a residence permit in Spain for 3 years is a great way to legally reside in one of Europe’s most comfortable countries. The Non-Lucrative Residence category allows you to live in Spain without the right to work, while enjoying all the benefits of residency.

What Is the Non-Lucrative Residence Permit?

The Non-Lucrative Visa (NLV) is a type of residence permit designed for non-EU citizens who have stable passive income or sufficient savings and wish to live in Spain without working. Initially, the permit is granted for 1 year, and then extended for 2 years, with a further possible renewal for another 2 years. In some cases, upon the first renewal, a 3-year residence card is issued if all conditions are met.

Key Benefits of a 3-Year Residence Permit in Spain

• Legal residency in an EU country

• Free movement within the Schengen Zone

• Access to healthcare and education systems

• No need to work or open a business

• Eligible for permanent residency after 5 years

• Path to Spanish citizenship

Requirements for the Non-Lucrative Residence Permit

To obtain a Spanish residence permit as a financially independent individual, you must meet the following conditions:

• Financial means: stable income or sufficient savings. For one applicant — at least 400% of IPREM (approx. €2,400/month or ~€28,800/year), plus 100% IPREM (~€600/month) for each family member.

• Private health insurance: with full coverage from a Spanish insurance company, no co-payments or deductibles.

• Accommodation in Spain: rental agreement or property ownership.

• Clean criminal record and no entry ban to Schengen countries.

• Medical certificate confirming no serious contagious diseases.

Steps to Obtain a 3-Year Spanish Residence Permit

1. Document preparation and application at the Spanish consulate in your home country

2. Receiving a D visa and entering Spain

3. Applying for residence card (Tarjeta de Identidad de Extranjero — TIE) at the police

4. First renewal after 1 year — if requirements are met, a 3-year residence card may be issued

Required Documents

• Valid passport

• Passport-style photo

• Bank statements and financial documents

• Private health insurance policy

• Criminal record certificate

• Medical certificate

• Lease agreement or proof of property ownership

• Completed application forms

Taxes and Responsibilities

Although this residence permit does not automatically make you a Spanish tax resident, if you spend more than 183 days per year in Spain, you will be considered a tax resident and must declare your global income. It's recommended to consult a tax advisor in advance.

Why Work With Professionals?

The residence process can be complex due to legal requirements and specific consular practices. Professional assistance can help you:

• Prepare and check all documentation

• Translate and legalize documents

• Book consulate appointments

• Get full support from visa to residence card issuance

Want to Live in Spain Without Working? The Non-Lucrative Visa Is Your Gateway to the European Lifestyle

Book a consultation, and we’ll guide you through obtaining a 3-year residence permit in Spain — saving you time and minimizing the risk of refusal. Living in Spain is easier than you think!