With the removal of the Golden Visa program, many investors turn to the Non-Lucrative Visa (NLV) paired with real estate investment as a pathway to reside in Spain legally.
This article explains how to combine both strategies effectively.
🏠 Why Combine Real Estate Investment with NLV?
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Real estate investment offers a solid asset in Spain but no direct visa benefits post-Golden Visa
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The NLV allows residency without work rights based on proof of financial means
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Owning property can strengthen your NLV application by demonstrating ties to Spain
📝 Eligibility Requirements for NLV
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Proof of sufficient financial means (approx. €27,000+ annually for applicant and dependents)
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Private health insurance valid in Spain
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Clean criminal record from your country of origin and Spain
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Residency outside Spain at time of application (usually applied from home country)
🛠️ Application Process Overview
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📄 Submit NLV application with all documents to the Spanish consulate in your home country
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🏠 Provide proof of property ownership or purchase agreement
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⏳ Wait for decision (typically 1–3 months)
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🛂 Upon approval, enter Spain and register with local authorities
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🔄 Renew visa annually, showing continued financial means and insurance
⚠️ Important Considerations
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NLV does not allow work or business activities in Spain
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Real estate investment alone does not grant residency or citizenship rights anymore
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Careful planning is required to meet financial and legal requirements
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Borderless Lawyers can guide you through application nuances and documentation
🛡️ How Borderless Lawyers Can Help
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Review your financial and property portfolio for eligibility
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Prepare and file NLV applications correctly
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Coordinate with consulates and Spanish authorities
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Assist with renewals and compliance checks
📞 Contact Borderless Lawyers Today
Looking to invest in Spanish property and live legally? Borderless Lawyers offers tailored legal support for Non-Lucrative Visa holders and investors. Contact us to start your residency journey.