Is the Spanish non-profit residence visa a good option for retirees moving to spain?

Kyero team member

If you are thinking of moving to Spain, and you live outside of the European Union,  you will need to apply for the correct residency visa.  The non-profit residence visa (known as the Ex-01) will be the best option for the vast majority of retirees, depending on your circumstances.

If you have an income of € 30,000 per year or more, retirees can live very comfortably in Spain, and enjoy their retirement without worry. 

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What is the Spanish non-profit residence visa? 

The non-profit residence visa allows people without a job to reside in Spain. You can request it while you’re still in the UK, as long as you can provide all the necessary documentation.

 

What documentation do I need for the Spanish non-profit residence visa? 

  1. You must provide proof that your income level is at least £2,000 per month. In most applications for this type of visa, your pensioner’s certificate and a bank statement should be sufficient proof.
  2. Private health insurance in place with a Spanish insurer.
  3. Health certificate that states that you do not suffer from any illnesses or diseases that could have serious public health repercussions. 
  4. Demonstrate that you don’t have a criminal record.
  5. Prove that you have no “irregular” situation in Spain that could hinder your application (this does not apply to 99% of applicants – if you’re in doubt, talk to your solicitor). 
  6. Pay the procedure fee.

Keep in mind that you must provide original documents and translations into Spanish. Download Spanish visa documentation and the non-profit residence visa (Ex-01) from the Spanish Consulate website.

 

What are the benefits of the Spanish non-profit residence visa? 

The non-profit residence visa will allow you to live legally in Spain for one year. Once that period ends, you can renew the permit for another two years, and then another two years after that (as long as you still meet the initial requirements each time). 

After 5 years of living in Spain, you can apply for permanent residence.

 

What about tax? 

The Spanish non-profit residence visa will immediately make you a tax resident in Spain, so you will be required to pay tax, just like any other Spanish resident. This means you will have to pay: 

  1. Income tax or “IRPF”. Please note that you will have to pay taxes on ALL of your income (not just income obtained in Spain). Income tax is currently between 19% and 45%, depending on your income. 
  2. Capital gains tax. This is between 19 and 23% of the profit  you make from selling assets, such as property.
  3. Wealth tax or “IP”. You will pay between 0.2 to 2.5% on assets valued at more than €700,000.

Don’t forget that there are other taxes you will need to pay in Spain too, such as council tax, tax on motor vehicles etc. Find out more about Spanish International tax rules in our moving to Spain guide section. 

Discover everything you need to know about retiring to Spain in our guide, the Pros & Cons of retiring to Spain: your pension, healthcare, and more explained.


32 comments

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  • Janette vatcher

    22 Jul. 2022

    What if I am a single retiree and my pensions only total to just under £1000. I will have funds from selling my property in the uk and I will allowing myself to have funds left after I have purchased the property.
  • dawn at kyero.com

    22 Jul. 2022

    Hello Jannette, Thank you for your question, we have emailed you directly.
  • Sayer Paul

    22 Jul. 2022

    Could you please answer a question for me relating to the Spanish income tax.My wife and myself currently own property on playa flamenca and have nie numbers and a Spanish bank account.We are looking to permanently move to Spain this year and retire (not work)and understand the requirements for health insurance and a minimum bank balance of €30,000 per year etc. Does this mean we would be taxed on the €30,000 or the interest that money generates ? You’re help would be greatly appreciated as I am struggling to get clarification. Regards,Paul.
  • dawn at kyero.com

    22 Jul. 2022

    Hello Paul, Thank you for your question. Please take a look at saving income means the interest on savings, but we would recommend speaking to a gestor.
  • Emma O

    22 Jul. 2022

    Hi, we are looking to move to Mallorca. Can the income needed for the Visa be generated by renting a property in the Uk? And is it ok to have a mortgage on the Uk property? Also if you want to change the visa from non-profit to golden visa after a while?
  • dawn at kyero.com

    22 Jul. 2022

    Hello Emma, Thank you for your question, we have emailed you directly.
  • Michelle Snowden

    22 Jul. 2022

    We are looking to move to spain on a non luctlrative visa. We are not at pension age however have a large lump sum from equity on a UK property we will be selling. Do we have to have €30,000 in the bank account annually or is this just the inital requirement. Also where is the best place to apply for a NIE in the uk? Thx
  • dawn at kyero.com

    22 Jul. 2022

    Hello Michelle, Thank you for contacting Kyero.com. The non-profit residence visa will allow you to live legally in Spain for one year. Once that period ends, you can renew the permit for another two years, and then another two years after that (as long as you still meet the initial requirements each time). At the time of contacting the Consulate of Spain in London for a non-profit visa, you can enquire about obtaining an NIE, you can only apply for a non resident N.I.E. through the Consulate. The N.I.E. is only a fiscal number to pay taxes for economic purposes. You can also apply in Spain. Good luck with your move to Spain and finding your dream property, but please contact us at if we can assist you with anything else.
  • Josephine Mahar

    22 Jul. 2022

    I am a single retiree and have $N\*\*\* a year plus $\*\* in the Bank. I am 81. would appreciate your opinion. Josephine Mahar
  • dawn at kyero.com

    22 Jul. 2022

    Hello Josephine, Thank you for your message. We have emailed you directly, with more information. Good luck with your move to Spain.
  • Douglas

    22 Jul. 2022

    Can I still have residency in spain and still work in the uk I have a home and NIE number due to my house in spain
  • dawn at kyero.com

    22 Jul. 2022

    Hello Douglas, Thank you for your question. It is according to how many days you spend in Spain please read: Let us know if you need any further information by contacting us at .
  • paul ingram

    22 Jul. 2022

    Hi , my wife and I would like to retire to Spain we are not at a retire able age for 18 months the only money we will have after a Spanish property buy would be profit from our sale in the Uk, that should be more than enough to see us through till our Uk pension kicks in, what concerns me is that we wont be working, after proving we have sufficient funds to live on meanwhile till the uk pension.. do we pay tax to the Spanish on our savings meanwhile living in Spain on a yearly basis many thanks paul
  • dawn at kyero.com

    22 Jul. 2022

    Hello Paul, Thank you for your question. Please read . Good luck with your move to your dream home in Spain, but let us know if you need any further information by contacting us at
  • Giovanni Fomiatti

    22 Jul. 2022

    If I sell my house in the UK before I move to Spain and get residency, am I liable for capital gain tax in Spain?
  • Alison

    22 Jul. 2022

    My husband and I wish to retired to Spain. i) Can the income needed for the Visa be generated by renting a property in the UK or one in Spain? And is it ok to have a mortgage on the UK property? ii) We have an income of less than the £30,000 – would we still be allowed to become perm residents?
  • dawn at kyero.com

    22 Jul. 2022

    Hello Alison, Thank you for your questions, we have emailed you directly. If you have savings this can also be taken into account. If you have more questions, please contact us at , good luck with your search for your dream property.
  • David

    07 Jan. 2023

    Non-profit residence visa - As a married couple does each person have to have an income of E30,000? or can it be a combined income? Is this before or after UK tax? If we pay tax in Spain do we have to pay UK tax also?

  • Dave

    25 Jan. 2023

    I am looking to retire to Spain within the next year, My pension is around £18000, and I will have the proceeds of my house sale to purchase a Spanish property and around 200K to invest, will I meet the requirements for a residence visa? I will also be looking to complete a S1 form for transfer of healthcare, will this satisfy the visa requirements for health cover? I look forward to your reply. Kind regards. Dave W.

  • Admin

    21 Mar. 2023

    Hi Dave, you would need to use your pension and also show funds in your bank or other savings to prove you have the required income of approximately €30,000, this changes each year. For the S1 you can visit the gov.uk site 'Register your S1 form in Spain online', you will need to have your residence card. Thank you for your questions.

  • Andy

    25 Jan. 2023

    Hi, My wife has her UK state pension but I do not get mine for another 5 years. However we have a good level of savings and the proceeds from selling our house in the UK. Therefore we do not have a direct income of £30000 at the moment so would we be able to ask for a non profit visa?

  • Admin

    21 Mar. 2023

    Hi Andy, thank you for your question, if you have savings, you would need to prove by bank statements. Good luck with your search for your dream property in Spain.

  • Lynn Gunbie

    05 Apr. 2023

    We will have our state pension and cash to buy property outright our only other cash would be a 20000 pension pot does this mean after it being our life long dream we cannot now live out the rest of our life in the sun ty

  • Admin

    06 Apr. 2023

    Thanks for your question Lynn, we have sent you an email with additional information. Good luck with your search for your dream property!

  • Annie

    05 Apr. 2023

    Hi We are a married couple whose only income is provided from state and private pensions which do not quite amount to €30000 . We would like to move to live in Spain. We currently live permanently in France with French residency granted. We can top up our income by depositing money in the bank when we move to Spain from our house sale (eg €35000). Would this money have to stay in the bank for the next 5 years as proof we have enough income? Do we apply for a non-lucrative visa here in France, in the UK, or can it be done in Spain when we arrive? Thank you

  • Admin

    06 Apr. 2023

    Thanks for your question Annie, we have sent you an email with additional information. Good luck with your search for your dream property!

  • Aaron Francis

    29 Apr. 2023

    Hi, I am a single father with a 3 year old and am due to retire from the Military in just over 2 years time. I will have a pension of at least £1500 per month (I will be 55 so at age 67 will also get the UK govt pension) and enough capital to purchase a property. What are my options? Thanks.

  • Admin

    03 May. 2023

    Hi Aaron, thanks for your question. The visa looks at your yearly income and number of dependents when assessing your eligibility. If you believe you meet the criteria, we recommend contacting the Spanish Consulate as they provide detailed visa information. Best of luck!

  • Denice

    29 Apr. 2023

    Hello, I have a monthly private pension and £30,000 in savngs. Would I be eligible to apply for the non profit residence visa? I would be applying as a single person.

  • Admin

    03 May. 2023

    Hello Denice, thanks for your question! The visa really depends on your annual income – so your pension and any other income streams you have would have to equate to the required amount or more. For more detailed information on this visa, we recommend contacting the Spanish consulate as they are the approving body of the visa. Best of luck!

  • Christopher Sharpe

    18 Jun. 2023

    If I buy a property in Spain and have savings over £90,000 plus private pensions for myself and wife would we be able to get residency in Spain if we retired at 55

  • Admin

    19 Jun. 2023

    Hi Christopher, thanks for your question! Without knowing your private pension amount, it seems your savings plus this income will be enough to qualify for the visa. Your financial situation will be re-assessed every time you renew (after 1 year, then every 2 years). As long as you continue to meet the threshold, then you will be ok! Good luck with the move, reach out to us if you have any other questions!

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