What is the Spanish residence permit “No Lucrativa” and who is it suitable for?
The Spanish residence permit for financially independent persons (Residencia temporal No lucrativa) is an excellent choice for persons who have a capital of 28 800 EUR or an equivalent level of passive income, in the form of dividends from business, securities or, for example, interest on deposits or rental income.
The program is suitable for entrepreneurs, business owners, their family members, including parents, who wish to reside in Spain permanently or on an occasional basis, as well as allow travel to Schengen countries without visas.
We will be happy to carry out a legal check of your documents and accompany the entire process of obtaining a residence permit from the country of your citizenship (including Russia), as well as from the country of legal residence. The residence permit is issued for a period of 1 (one) year, and can be extended for another 2 (two) years. Holders of a residence permit No Lucrtativa are entitled to apply for a residence permit and count the period of time towards future citizenship.
The Spanish residence permit for financially independent persons (Residencia temporal No lucrativa) is an excellent choice for persons who have a capital of 28 800 EUR or an equivalent level of passive income, in the form of dividends from business, securities or, for example, interest on deposits or rental income.
The program is suitable for entrepreneurs, business owners, their family members, including parents, who wish to reside in Spain permanently or on an occasional basis, as well as allow travel to Schengen countries without visas.
We will be happy to carry out a legal check of your documents and accompany the entire process of obtaining a residence permit from the country of your citizenship (including Russia), as well as from the country of legal residence. The residence permit is issued for a period of 1 (one) year, and can be extended for another 2 (two) years. Holders of a residence permit No Lucrtativa are entitled to apply for a residence permit and count the period of time towards future citizenship.
Tuiaara Evseeva
CEO
Shagin & Partners
Shagin & Partners
Eligibility criteria for obtaining
Spanish residence permit “No Lucrativa”
Spanish residence permit “No Lucrativa”
The processing time at the Spanish consulate can be up to 90 days, and can be extended if additional documents are requested.
- Not be an EU, EEA or Swiss national, and not be a family member of such a nationalIf you live outside your country of citizenship, it is important to consider the legality of your actual stay in the country of residence when applying from outside Spain.
- Sufficient cash flow or passive incomeat least 28800 EUR for one person, for a family of two - at least 36000 EUR, for a family of three - at least 43200 EUR for a year placed in a bank account with proof of legal origin and/or confirmation of an equivalent level of passive income. At the first renewal of residence permit (after one year) will require confirmation of double the amount in a bank in Spain.
- Medical certificate of healthA medical certificate obtained in the country of legal residence, confirming that the applicant does not suffer from diseases that may have serious public health consequences.
- Certificate of public or private health insurance in SpainThe insurance certificate (policy) must be issued by an insurance company authorized to do business in Spain and have full coverage (sin copago).
- No violations of EU/Spain migration rules and No criminal record for the last 5 yearsNo past violations of Spanish/EU migration legislation
- No criminal record for the last 5 yearsCertificates of no criminal record must be issued at least 3 months prior to the application date, apostilled and submitted along with a sworn translation from a certified sworn (Jurado) translator.
Specifics of document requirements in some countries
When applying at Spanish consulates in some countries, including the Russian Federation, it is necessary to provide additional documents and extended financial solvency
- Lease agreement or information on the availability of residential property in SpainProviding a copy of the Lease Agreement or information about the residential property registered with the Spanish tax authority. We offer customized solutions for both rental and purchase of real estate.
- Extended financial solvency requirementsProviding information on financial solvency provides information on both the presence of cash in the bank account and the presence of passive income in the form of dividends or, for example, interest on deposits, rental income, etc.
Cost* of “No Lucrativa” residence permit support services
We offer two tariffs, the only difference being the included costs for transfers and bank account opening services. You can choose the first rate, transfer the documents and open a bank account in Spain yourself. The funds do NOT have to be located in Spain.
Standard
Cost DOES NOT INCLUDE sworn transfers and opening a bank account in Spain
2990 EUR*
Premium
Cost INCLUDES sworn transfers, bank account opening, personal manager
4990 EUR*
The process of accompanying the Spanish residence permit “No Lucrativa”
at the consulate of the country of citizenship or legal residence
at the consulate of the country of citizenship or legal residence
We work officially under a Service Agreement. We guarantee that the services will be rendered professionally, qualitatively, within the agreed timeframe, with the proper level of involvement and responsibility.
Preparation for cooperation, conclusion of the Contract
We discuss your case for compliance with the terms of the program, answer your questions.
We send you a commercial proposal including your steps, Contract, payment procedure.
We send you a commercial proposal including your steps, Contract, payment procedure.
Legal due diligence and support
We advise you in the process of collecting documents and obtaining your medical certificate.
We conduct due diligence of the submitted documents and form a set for submission to the consulate of the country of your citizenship or legal stay.
We conduct due diligence of the submitted documents and form a set for submission to the consulate of the country of your citizenship or legal stay.
Submitting an individual or family application
We conduct a final check of the set of documents, issue an insurance policy with full coverage.
Counseling and preparing you and your family for a personal visit to the consulate in the country of citizenship or legal stay.
Counseling and preparing you and your family for a personal visit to the consulate in the country of citizenship or legal stay.
Obtaining a decision, receiving a TIE card
We await your decision on the residence permit and respond to requests for additional documents.
After receiving a positive resolution, we accompany the process of modification of the residence permit as a “passport sticker” to a plastic TIE card in Spain. TIE plastic card in Spain.
After receiving a positive resolution, we accompany the process of modification of the residence permit as a “passport sticker” to a plastic TIE card in Spain. TIE plastic card in Spain.
What is included in the price, what are the guarantees?
Answers to basic questions on support
Spanish residence permit “No Lucrativa”
Spanish residence permit “No Lucrativa”
- Consultations on document collection
- Legal review of documents, recommendations on strengthening the credibility of documents
- Preparation of payment documents
- Formalization of questionnaires, forms, generation of receipts
- Support for the modification of residence permit from a “sticker” in a passport to an EU resident card in Spain.
- Support and answers to questions at all stages
- Personal manager who quickly responds to messages
- Sworn transfers up to 1500 EUR
- Support for opening a bank account in Spain
- Legalization of documents (apostille)
- Payment of state duty (payable at the consulate) and in a bank in Spain
- Services for searching, renting or buying real estate
- Services of third parties (e.g. photos, photocopying services, etc.).
- Expenses of the client in Spain (transportation, accommodation)
- Insurance
According to the rules of the program in the country of application, the applicant receives a D visa (classic sticker in the passport) at the consulate, which after arrival in Spain within 30 days must be modified into a plastic residence permit card. We accompany the entire process as part of our services.
We guarantee that we will prepare your documents for submission in the prescribed manner and within the agreed timeframe, that we will make all the necessary efforts for a positive decision on your application, as well as accompany the process in Spain.
The probability of approval is 90%, this is official statistics. In case of technical rejection, we will prepare an appeal free of charge.
We will refund the cost of the insurance in case of refusal of residence permit after submitting the documents of refusal to the insurance company.
The probability of approval is 90%, this is official statistics. In case of technical rejection, we will prepare an appeal free of charge.
We will refund the cost of the insurance in case of refusal of residence permit after submitting the documents of refusal to the insurance company.
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www.shagin.pro | office@shagin.pro
www.shagin.pro | office@shagin.pro