Living without working in Spain

The application for this permit is submitted to the Spanish consulate in the country of which you are a citizen. The issuance scheme for this residency type is 1 year + 2 years + 2 years, and then renewable for 5 years with the right to work.

Conditions for obtaining this permit include

• Not be a citizen of a European Union, European Economic Area, or Swiss state, or a relative of citizens of these countries.
• No criminal record in Spain and in countries of previous residence for the last five years for offenses under Spanish law.
• Not be among individuals prohibited from entering the territory of countries with which Spain has corresponding agreements.
• Have the necessary financial means to cover living and return expenses, as well as the expenses of family members, if applicable. The required amounts are as follows:
  • Monthly support for the applicant is 400% of the IPREM. IPREM is an index used in calculating subsidies, unemployment benefits, and other social assistance provided by the government.
  • For each dependent family member, 100% of the IPREM is paid monthly.

Note: The IPREM for 2024 is 600 euros.

This means that the annual amount for the primary applicant is 600 * 4 * 12 = 28,800 euros.
For each subsequent applicant, it is 600 * 1 * 12 = 7,200 euros.
Example: For a family of three, it is required to have 43,200 euros in an account with a Spanish bank.

• Have a passive income: real estate rental, dividends, etc.
• Have state or private health insurance contracted with an authorized insurer in Spain.
• Not suffer from any diseases that may have serious consequences for public health according to the provisions of the International Health Regulations 2005.
• Have a repatriation insurance policy.
• The applicant must own property or have a lease agreement for residential premises in Spain.