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First of all, it is important to note that regardless of the applicant’s nationality or residence, the non-profit residency, RNL, allows any person with financial solvency to live in Spain for one year without having to work in the country. For this purpose, objective criteria are applied and there are no specific requirements, beyond the particularities of each country, for non-profit residency in Spain for Argentines, Cubans, Equatoguineans, Syrians… to give a few examples. In short, we must prove that you have sufficient means to be able to cover the costs of your stay as well as those of your companions (spouse or partner and/or children or dependents) according to the IPREM (government bond) with a minimum of 400% in case of individual application. Its duration is temporary as it is limited to one year. It is renewable for two-year periods. For this reason, after the second renewal of your non-profit residence permit you are entitled to apply for Long Term Residence (RLD) (interlink).
First of all, it is important to know that it is not possible to apply for non-profit residency in Spain, even though it is a common request. That is, you must first obtain a visa from the consular section of the Spanish Embassy of your place of residence, regardless of whether or not it also coincides with your nationality. In other words, a non-profit residency for Venezuelans residing abroad will have to be processed at the Spanish Embassy in Chile, Colombia, Mexico or the country where they reside. From Extranjeros Aema we advise you and help you to meet all the requirements to be granted the Non-Profit Residence Visa without worrying about dealing with forms and fees during the whole process. We have more than 20 years of experience dealing with Consulates all over the world such as Bogota, Buenos Aires, Caracas, Quito or Santa Cruz de la Sierra to cite examples from Latin America but we also work assiduously in Malabo, Amman, Beirut, London or Riyadh. The procedure can be either telematic or on-site or in person, accompanying you if you need it. In any case, let us know your case (interlink to consultation here) and we will study it and design a provision of funds sheet without obligation adapted to your needs. In this way we meet all the requirements to guarantee that you will be granted the visa, it is possible to use the appeal route to obtain the grant (interlink to successful cases). Finally, once your residence permit is approved and after your entry in Spain, we finish your process by getting the appointment for the Non-Profit Residence Card, also known as NIE.
In addition to the aforementioned sufficiency of economic resources, the amount of which is updated year by year, normally according to the cost of living, as it is not the same in 2019 or 2020 as it is today, being the IPREM as of today, there are other requirements that do not vary that you should be aware of: not having a criminal record, not being in an irregular situation in Spain (interlink to extension of stay), not suffering from diseases included in the International Health Regulations of 2005 (interlink to medical visa) and having valid medical insurance to apply for non-profit residence, consult us (interlink consultation) on this point as not all are valid and it is usually a reason for refusal ask us about our insurance policies. The extension or renewal of the non-profit residence permit is achieved by maintaining the conditions of the initial grant and is renewed for a period of two years, you have to stay at least six months for the renewal to be approved.
The main advantage of non-profit residency is the acquisition of resident status without having to pay the amounts fixed in the investor visa (interlink), the minimum of which is 500,000 euros. It is also important to mention that thanks to Spain’s membership in the EU you will be able to enjoy internal mobility or Schengen area by moving freely. Another advantage is that it counts towards nationality. Not forgetting that it also allows the stay in Spain for more than the 3 months offered by the tourist visa (interlink). You can also take official courses during your stay. Likewise, it can be a first contact with the country to later undertake an own project by modifying to an initial self-employment or to be hired and that the modification to an employee scheme takes place.
Sometimes doubts arise as to whether non-profit residency and tax residency are synonymous, i.e., whether the NLR entails the tax obligation to file a tax return in Spain. The answer is that since the NLR implies no economic activity in Spain, no tax obligations are generated. This does not preclude the possibility of working remotely in Spain as a self-employed person or as an employee while enjoying the non-profit residency. In any case, remember that you will only be obliged to file a tax return if you reside in Spain for more than 183 days and/or your center of interests is located in the country. Following this reasoning you can work for a non-resident company in Spain living in the country without the obligation to declare or living less than half of the year you will not be a tax resident.
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