Requirements for the Program
- The key criteria is to have sufficient funds; must be able to show liquid assets at your disposal of about EUR 30,000 for the main applicant and EUR 8,000 for each dependent family member.
- The fund shall remain available in the account of the applicant at all times.
- The Spanish consulate shall decide the required time regarding the economic funds that must remain available before applying for Non-Profit Residence.
- The program does not grant a permission to work in Spain.
Benefits of the Program
It does not oblige to invest in Spain to obtain residence.
The applicant shall be eligible for a Spanish citizenship after five years of living in Spain.
One can get one of the most valuable passports worldwide ranked at 3rd with optimal reputation.
The program gives the applicant and the family members access to healthcare and educational benefits.
Spain is considered to be one of the most peaceful, democratic and politically stable country.
It is a developed country with the thirteenth largest economy in the world by nominal GDP and has high quality of living.
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