Non-Profit Residence Permit in Spain

Non-Profit Residence Permit in Spain

The non-profit residence permit in Spain is a special residence permit that allows foreigners to reside in Spain. It offers advantages for those who do not intend to carry out financial activities and have other means to support themselves.

The non-profit residence permit in Spain enables many people to obtain a residence permit each year and benefit from the advantages of living in the country. This permit, which is sought by those who wish to live in the country without engaging in commercial activities using their own financial resources, is subject to certain conditions. These conditions are:

• Financial sufficiency
• Health insurance
• Criminal record
• Medical examination
• Entry and exit from the country

The person applying for a residence permit is expected to have sufficient financial resources to cover their own needs and the needs of the people they are responsible for throughout their stay in the country. For the year 2024, this amount has been set at approximately €28,000 annually as a minimum income. An additional 50% increase is applied for each family member.
Having valid private health insurance in Spain and having spent the last five years without a criminal record in the country of residence are also among the required criteria. Additionally, the applicant must not have a condition that poses a risk to public health in Spain and must have entered and exited the country within the required timeframes.

What Can Be Done with a Non-Profit Residence Permit in Spain?

A residence permit in Spain does not grant the right to work for the holder of this permit. With this permit, individuals can legally reside in Spain. It grants the individual the right to study and travel freely within the country. The primary condition of this permit is not to generate income. However, this does not include the applicant’s passive income sources.

After residing in the country for one year with this permit, it can be renewed if requested. Individuals who have resided in the country for five years in this way can apply for permanent residency. This right, which provides unlimited residency in the country compared to a temporary residence permit, does not grant a legal work permit, and the individual must apply separately for such permission.

The non-profit residence permit allows individuals to travel visa-free to countries within the Schengen Area. With this permit, individuals can benefit from the high-quality living conditions that Spain offers. Since the person is not working and living on passive income, they may take advantage of tax benefits. The only drawback of this permit is that it does not include a work permit.

This residence permit offers unique opportunities for individuals who meet the requirements, allowing significant improvements in their quality of life.

The Process of Obtaining a Non-Profit Residence Permit in Spain

The process of obtaining a residence permit to live in Spain is based on a specific procedure. Generally, the process begins with an application to the Spanish consulate in the applicant’s country of residence, before traveling to Spain, and it is carried out by preparing the necessary documents for the application.

The resolution of applications for residence permits in this country typically takes anywhere from a few weeks to several months. Therefore, it is recommended to apply early, keeping this in mind. If the application is approved, the procedures to obtain a temporary visa for entry into the country must be initiated. Upon entering the country with a temporary visa, the person must apply for a residence permit card within 30 days.

Those who wish to renew their residence permit at the end of the first year must submit a renewal application during the renewal process. In this case, the individual must prove continuous residence in Spain.

The non-profit residence permit also includes the applicant’s family. The spouse and children under the age of 18 of the applicant, provided they meet the requirements, will also be granted residence permits. The family members of the applicant will have the same rights as the applicant. These individuals will be able to travel within the country and benefit from education rights, just like the applicant. However, like the applicant, they do not have the right to work in the country.

Spain is a country that stands out with its rich cultural heritage, natural beauty, and high living standards. Studying in this country or living here with passive income offers many advantages for foreigners. To benefit from these advantages and stay legally in the country with a temporary residence permit, you can start your process by conducting thorough research.