Spain retirement visa for foreigners

What Is Spain's Retirement Visa?

Spain offers a non-lucrative visa (also called the "rentista" visa) designed specifically for people who don't need to work. This visa allows foreign nationals to live in Spain full-time by proving they have a steady, independent income—typically from pensions, investments, or property rental. It's not technically a "retirement visa," but retirees are the main group who use it.

Income Requirements

To qualify, you'll need to show proof of regular monthly income. The exact amount changes yearly and depends on whether you're applying alone or with dependents. Generally, you'll need to demonstrate several months' worth of bank statements and income documentation. Check Spain's official immigration website for current minimum amounts, as they are updated annually.

Your income must be:

• Regular and reliable
• Coming from outside Spain
• Sufficient to cover your living expenses
• Documented with bank statements and official papers

Application Process

The basic steps include:

• Gathering required documents (passport, income proof, health insurance, housing proof)
• Applying through a Spanish consulate in your home country
• Submitting a formal application and supporting paperwork
• Attending a consulate interview if required
• Waiting for a decision

Processing times vary by location and consulate. Plan ahead and submit applications well in advance. Requirements and procedures differ between consulates, so check your nearest Spanish consulate's specific website for exact details.

Health Insurance and Housing

Spain requires all visa holders to have health insurance covering Spain. You can purchase private insurance or register with Spain's public health system if eligible. Proof of housing is also mandatory—you'll need to show a rental contract, property deed, or letter confirming your accommodation.

Duration and Renewal

The initial visa typically lasts one year. After that, you can renew it if you still meet the requirements. Many people successfully renew multiple times, though Spain may eventually ask you to choose between permanent residency or citizenship.

Important Considerations

• You cannot work under this visa
• You must spend most of your time in Spain to renew
• Tax obligations apply—you'll likely need to file Spanish tax returns
• Rules change, so verify current requirements before applying

This is general self-help information, not legal advice. Always verify current rules on the official government website.