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Residency in Spain through Financial independency

A Spanish non-Lucrative residency program (also known as Wealth Visa) is for those who wish to come to Spain to apply for residence and have the financial means to support themselves and their dependents. It is a temporary residence permit and its main requirement is to have sufficient financial means to support yourself without the need to get a job in Spain.

You are eligible to apply for a non-lucrative residency if:

Asset 1
You are a non-EU citizen.
Asset 2
You want to live in Spain long-term. particularly, you must live in Spain for at least 183 days per year. It can be continuous or interrupted but your presence will be checked on the renewal of the residence permit.
Asset 3
You are financially independent and have sufficient means to support yourself and your family members. To shed light on this, a single applicant must have over 2500€ monthly income and a 30000€ bank balance in his home country or Spain. A married applicant must have over 3000€ monthly income and a 40000€ bank balance and each child adds up to an extra 500€ monthly income and 6000€ bank Balance.
Asset 4
Your account turnover must have been over 20000€ in the last six months.
Asset 5
You must be able to prove that your assets as well as your income have been earned through legal ways by providing your paid taxes or related documents.
Asset 6
You have health insurance.
Asset 7
You don’t have a criminal record.
Asset 8
Your Children must study in Spain.

About Spain

Spain is a stunning European country with a rich history and perfect weather that is the second-most visited tourist country in the world. Madrid, the Spanish capital, is one of the sunniest cities in all of Europe as well as the third-largest city in the European Union both by population and by metropolitan area. Moreover, Spain was one of the most powerful empires on Earth for centuries and it still holds great global significance. It is the second-largest country in the European Union and the fourth-largest country on the European continent. Spain has the fourteenth-largest economy in the world by GDP. Furthermore, Spanish is spoken far beyond the borders of Spain. In fact, it is the official language of 21 countries and the second-most widely spoken language in the world. Almost half a billion people speak it as their native tongue.

Population

Population

47,163,418
Language

Language

Spanish
Currency

Currency

Euro (€) (EUR)
Capital

Capital

Madrid

Benefits of Spain Residence Permit

for non-Lucrative Visa Holders

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Visa-free travel through Europe
Residents of Spain are allowed to travel visa-free across the Schengen zone.
whole family
Residency of all members of a family
Along with the applicant, the spouse, and children under the age of 18 can also receive and have the benefits of a Spanish residence permit. Plus, you are free to live in every city or region of Spain that you desire.
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Access to European social benefits
Residents of Spain can take advantage of high-quality healthcare and educational services including universities, schools as well as hospitals, and clinics. It is crystal clear that these services are subject to charges.

Process and Timeline
HOW IT WORKS, THE PROCESS..

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1.
Along with the applicant’s condition, we ask for the required documents. All the documents need to be translated into the language which is needed. In regard to the applicant’s nationality, they also need to be apostilled or legalized by the Consulate of Spain or the Embassy of Spain.
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2.
We complete the required applications and book an appointment with the Spanish Consulate or the Embassy of Spain in the applicant’s home country.
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3.
The applicant will attend the appointment on the specified day and an interview may be conducted.
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4.
If the application is approved, a D-type Spain visa will be issued for the applicant and the dependents.
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5.
We will plan a journey for applicant to Spain to buy or rent a house.
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6.
All the relevant documents will be collected under the supervision of our lawyers. In this step, the title deed or rental agreement contract will be registered in the municipality.
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7.
We will immediately apply for the residence cards once the applicant meets the requirements.
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8.
Residence cards will be issued.

Turkey office

0090-552-6309000 (Whatsapp)

0090-552-7309000 (Whatsapp)

Turkey Address : Unit 1106, 11th floor, Nurol tower, Izzetpaşa Mah., Mecidiyeköy, Şişli, Istanbul, Turkey

Postal code : 34381

Greece office

+30-697-476-0777 (Whatsapp)

13 Possidonos Ave., Alimos 17455, Athens, Greece

Postal code : 17455

United Arab Emirates

00971-562-88-33-00

Level 3.The office 3. one central. Dubai World Trade Centre

Email⁚ coo@baltoji.com

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White bird group is a team of professionals with more than 10 years of experience providing services in the area of residence and second citizenship planning, financial planning and tax consulting.

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