Movicap INVESTMENT
Spain
Spain's real-estate investment route closed on 4 April 2025. MOVICAP now focuses on the NLV (Non-Lucrative Visa): residence for non-EU nationals able to support themselves in Spain without carrying out any economic activity there. Legal framework: Organic Law 4/2000 and Royal Decree 1155/2024, in force since 20 May 2025.
Residence options
NLV - Non-Lucrative Visa (main route)
One-year residence, renewable for two-year periods, with no economic activity in Spain. Suited to retirees, people living on passive income, families on an immersion project and holders of liquid wealth.
TARGET PUBLIC
Non-EU/EEA citizens.
INCOME PROOF
EUR 28,800 per year - 400% of the IPREM - for the main applicant.
SUPPLEMENT PER DEPENDANT
EUR 7,200 per year per dependant - 100% of the IPREM.
VALIDITY PERIOD
1 year, renewable.
ENTRY DEADLINE
365 days after authorisation.
RESIDENCE REQUIREMENT
More than 183 days per year in Spain.
GOLDEN VISA
Abolished since April 2025 - the NLV is the main alternative.
Spanish health insurance
Private policy from an insurer authorised in Spain, equivalent to the national health system, with no co-payments, material exclusions or waiting periods. Travel or foreign health plans are not accepted.
Status evolution
After the first year of lawful residence, a change to a work authorisation is possible, then a path towards long-term residence.
Alternative: remote work
The NLV prohibits any economic activity, including remote work for a foreign employer under the strictest consular reading. In that case we direct you to the international remote-worker regime.
Other permits still open
Self-employed status, entrepreneur or project of economic interest, and family reunification.
Key conditions
- ·TARGET PUBLIC: non-EU/EEA citizens
- ·INCOME PROOF: EUR 28,800/year (400% of IPREM) for the main applicant
- ·SUPPLEMENT PER DEPENDANT: EUR 7,200/year (100% of IPREM)
- ·No economic activity, employed or self-employed, carried out in Spain
- ·Documented passive income or savings: bank statements, income history, lawful origin of funds
- ·Private health insurance from an entity authorised in Spain, with no co-payment or waiting period
- ·Medical certificate and clean criminal record certificate
- ·Filing at the Spanish consulate covering your place of residence
Benefits
- ·Lawful residence in Spain and access to the Schengen area
- ·Spouse and dependent children included in the same application
- ·Access to healthcare and education in Spain
- ·Possible move to a work authorisation after one year, then to long-term residence
- ·An accessible route with no real-estate investment or company creation
Estimated timeline
VALIDITY: 1 year, renewable. ENTRY DEADLINE: 365 days after authorisation. RESIDENCE REQUIREMENT: more than 183 days per year in Spain. Estimated processing time: several months between file preparation and the consular decision, depending on the consulate and the season. Note: Spanish tax residence entails taxation on worldwide income, to be planned before relocating.
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