Thank you for watching this video on Spanish citizenship! If you want to learn more about how to get a second citizenship subscribe: th-cam.com/users/WealthyExpat
I am a spaniard, and I am totally agree. I know lot of countries in the world and Spain is one of the best for living(safe+lifestyle+culture...) BUT the taxes, bureaucracy and the spanish IRS are the hell. Consider better stay there less than 6 months/year and be resident in other friendly-tax place. That´s what smart high network people do in Spain.
@@JuanJohn013 and education is waaay better which for someone like me, trying to have kids, this is something I’m definitely considering since I’m Honduran-American and I would be able to get the Spanish citizenship as described in the video
@@eliefosso7215 No she's not .. she's colombian, Latina) Lebanon 🇱🇧 and American by her father being born in the U.S.. Her ancestors are Middle East and European descent. Spain isn't calling her spainaird She hold NO citizenship to Spain. That's not how it works .
Perfectly explained. Just more thing: Spanish Tax Law is full, flooded with ambiguities so you can never be sure you are doing the right thing as everything is open to interpretation. This is obviously done in purpose, so when they take you to court they will use this ambiguity to put pressure on you by letting you know that the judge's decision is completely impossible to foresee. This way they will convince you that negotiating is the best option for both parties. A zouk in Marrakesh is more serious than the situation you will experience from this moment.
My understanding is if your parents were born In Puerto Rico and you can show this on your birth certificate, you can qualify for the 2 year Fast Track as well.
Thank you for a great summary and sharing your own journey with the decision of becoming a citizen. If living in Spain longterm is the main goal then I don't see the need for a citizenship since there are many cheaper ways of accomplishing that. That said, it is an absolutely lovely country to live in.
La mayoría de las veces me sorprende mucho la forma en que paso de un estilo de vida promedio a ganar más de 70k por mes, sorpresa total es la palabra, he entendido mucho en los últimos años para dudar de que abundan las oportunidades en los mercados financieros, lo único es saber donde enfocar
De todos modos, en realidad no, lo que sé sobre el comercio casi bordea la nada jajaja. Obtengo enormes ganancias sin mi inversión desde que comencé a operar con el Sr. Richard.
Would love to hear more about exit taxes and how Spain will 'probably make it really hard'. You described the exact scenario I was thinking of: lay low in Spain for 3-4 years, then move tax residency to Dubai. My lawyers advised that there is no automatic conversion into tax residents for Spanish civil residents or nationals - this is based on effective residence of at least 183 days. So you could move to Dubai and not be considered a tax resident of Spain and not pay those tax rates you described. I am not yet a high net worth individual making 1M+ a year, and so don't believe the exit taxes would apply in my case.
I would also be interested in an answer to this as I was considering Spain until I heard about them making it really hard not to be a tax resident and having to pay an exit tax
So if I'm understanding correctly, say I have a remote job in the US, I would have to pay income tax to Spain based on my US job income? Say after getting the citizenship after 2 years and I want to go back to US, will I still have to pay Spain income taxes?
I'd also like a video going into detail about Spain making it hard to NOT pay taxes after receiving citizenship and moving elsewhere. My plan is to get Mexican citizenship (my father was born in Mexico and I in the USA) and then apply for Spanish citizenship as I'm currently living here under NLV. Not a HNWI (yet...) but will probably face some pretty steep taxes in the future.
I’m Puertorrican And I got my non lucrative visa and planning to live there about two years to try and get my Spanish citizenship. Hey what if I pass the 2-3 year timeframe for the citizenship and decide to retain my tax paying in PR (the US) can that be an option/alternative?
I didn't know that fact about Latinos becoming Spanish citizens. I wonder how many Latinos, especially Puerto Ricans, who knew this and would rather become Spanish citizens instead of US citizens.
Fun fact: it's for ANY US citizen as ANY US citizen could move to Puerto Rico and then get the Puerto Rico citizenship in one year, plus you will learn Spanish. Then you can get the Spanish citizenship in 2 years.
we from the Philippines we can only have 2 years to acquire Spanish Citizenship because we were colonized by Spain before and that's in the Spanish Law..
If you are getting income for business dividends you only pay the business profit, if you get income from your personal activity or a salary then the progressive tax applies to you. So if your business is abroad you declare the dividends only without enrolling to the social security system and you will only pay the 23% (which is not low, but you are getting away from the personal income tax and SS payments). Trick: Live only of the business profit.
Californios of California Tejanos of Texas Nuevo Mexicanos of New Mexico Guatemaltecas Costa Ricans Former states of Spain and then broke away from the Mexican empire Always forgotten about lol. Adding EU citizenship to US citizenship sounds nice lucky Puerto Rico lol
I read in an article that Spain now requires only to travel 8 times to Spain during these 2 years In other words, you should travel to Spain every 3 months, no need to spend 180 days anymore Is that verified?
Spain has a progressive tax model like the US with marginal tax rates, not a flat tax, so saying you are going to be paying 50% of all your income in taxes is simply not true.
What about relying on Beckham’s Law while you get your citizenship? You technically never become a Spanish tax resident for 5 years but maintain a physical residency to qualify for citizenship.
I keep hearing about taxes. But there are benefits. I was born with heart problems. I can’t get the medical treatment I need because lack of insurance. I would not mind paying taxes if I can get the treatment I need. There is more to life than money
If you are of Latin American origin and have a golden visa with an investment of 500k, do you need to live 2 years for citizenship or instead only annual entries, because it is an investor visa? Thanks
Tienes que vivir allá dos años para poder aplicar para la citizenchip, y para considerarte que vives allá tienes que estar minimo seis meses y tener tu residencia fiscal allá. Si estas con golden visa pero no vives no puedes aplicar a citizenship, eso es lo que tengo entendido.
What about people considering retirement in Spain? (living in Spain approximately 6 months out of the year) Should they consider citizenship? Income would be minimal, bulk of holdings would be outside Spain. Would the high taxes be less of a concern?
@Lean Mean Cleaning Machine I read that Spain does make state that you’re renouncing your American citizenship, but that it is not legally binding in the US so you would still be considered and US citizen. A bit odd but seems fine to me
I am confused. If I am from Brazil and I spend 2 years legally in Spain I will be eligible for citizenship? I'm also an American citizen so my plan was go with a 'teach English abroad' program for 2 years then try to get residency there. Would that work?
Philippines 🇵🇭 was not mentioned on the list though also entitled for a 2-year residency to get the citizenship. However, the government's action is so slow that it takes a year to 3 till you get the citizenship after application. Not to included that the Spanish tax system is so high and the economy is not doing great, as well as the healthcare system and free education. The reason why getting the citizenship in Spain is not a hype in the Philippines.
Please educate me why having a brazilian passport/citizenship makes it easier to get citizenship in Spain? Although Brazil is a latin american country it was colonized by the Portuguese , not Spanish. Thank you.
@WealthyExpat please make content on spain citizenship conferral through Sephardic ancestry. An estimated 200 million through 300 would qualify in latin America. There's no residence requirement & you're allowed multiple citizenships pre & post process
I'm of British origen and have just been granted Spanish nationality. I've lived 23 yrs here in Spain. That's half my life. Married to a Spaniard 18 years. It took 5 months,using a lawyer. I strongly recommend using a lawyer! It took a while to gather the documents because non Spanish speakers must do language exams. In total its cost me around €1700 in all to obtain all required documentation. I want to be Spanish because this feels my home. Not for fiscal reasons. Remember- YOU CANT HAVE DUAL NATIONALITY if you're not from France or an iberoamerican country or if don't have Spanish ancestry/blood. Uk recognises Dual nationality. Spain doesn't.
I like your videos. Especially your videos about Dubai. I was wondering why you make assumptions about your viewers? Like you said in this video, "if your watching this, you probably don't want to work in Spain.". Another video you said, "if your watching this you probably live in a nice house or apartment.". I don't mind that, but just thought I'd let you know that your information isn't only useful to rich people. I live in a low rent area and I would love to be able to work in other countries. I'd also love to be rich too. But I'm not. Anyway hope you have a good day/night and look forward to watching more videos.
Thanks for the info! I'm planning on doing the NLV with my income from being a Disabled Veteran from the US, which is non-taxable. I understood that my disability isn't taxable in Spain either. Is that correct? Are there any advantages to living in Portugal instead?
Did I hear right? Portugal's golden visa does not require you to live in Portugal and become a tax resident and still be eligible for Portuguese citizenship after 5 years?
I hold dual citizenship with the US and Mexico and I'm really tempted to get Spanish citizenship, but Spain's taxes are so ass, I don't know if it's worth it.. especially if one is thinking to be an autónomo as a low income earner. I wonder if it's better to get a D8 visa for Portugal instead, or a DAFT visa for the Netherlands, even though it takes a longer time to become naturalized.
You said if you are born in LA country but then you also said at same time, I’d you are a citizen. Which one is it (meaning can you do this 2 years if you obtained LA citizenship through residency and no familial or birth ties?)?
Would be nice to hear examples, and advice, for us mere mortal expats/nomads with a household income of, say, US $150,000 to $250,000 per year, and no sizeable crypto gains.
you forgot to mention how filipinos and equatorial guineans can. and how sephardic jews or those who descend from sephardic jews (even if they don’t practice or plan on converting to judaism) can get it.
Hello Sir, I hope you’re doing great. I’m an Iraqi citizen and I’m trying to get Spanish Non-lucrative visa. I have 3 questions and they are as follows: 1- Am I qualified as Iraqi to get Spanish non lucrative visa? 2- People who get Non lucrative visa, Do they also have to pay taxes? 3- How long until you become eligible to get the Spanish passport thru your residency by Non lucrative visa?
My wife is Spanish. and she's been waiting for 8; months waiting for her rightful pension. Meantime they haven't paid a cent. That's how S PAIN ttreats their subjects
My parents were born in Puerto Rico, I was born in NYC but I have my Puerto Rican Certificate of citizenship through my father. I was told I can do the 2 years fast track for Spanish citizenship. Is that true?
According to the BoE: Serán suficientes cinco años para los que hayan obtenido la condición de refugiado y dos años cuando se trate de nacionales de origen de países iberoamericanos, Andorra, Filipinas, Guinea Ecuatorial o Portugal o de sefardíes.
I hate taxes, people should pay for their own roads to be built, bridges made stable, and hire their own police force, and if you break an arm it's your own fault, and schools shouldn't be supported by the public either.
No, must be born in Spanish colonies, not naturalized. The list of these birth countries include Philippines, Puerto Rico (USA), Guinea Equtorial, Brazil and Portugal. Last two don't belong to the 🇪🇸 colonial list, but they also qualify for 2-year shortcut.
Hi Jasur, actually naturalized citizens of former Spanish colonies is permitted. I'm a naturalized Colombian citizen and was able to obtain Spanish citizenship after 2 years.
Plz Rwd - I lived in UY for three years. I cannot recommend it. Very expensive, low low wages, too many people on public pensions, many young people choose to leave (leaving no one to support the public pension system). Loveliest or lovely people - so many friends to this day! But…..their situation and plight is not good. 😕
Only people who can prove they've got some Spanish ancestry should be able to get Spanish citizenship. Spanish citiizenship is not something you should be able to obtain because of economic reasons so 10 years is exactly how it should be. Spain does not have high taxes. You should go live in England and you will pay 4 times as much. They need to pursue fraudsters aggressively as people were wanting to benefit from Spanish resources and not pay any tax by hiding it. Why should Spanish law abiding citizens have to pay more to run infrastructure such as hospitals and foreigners or the rich, pay nothing.
I have my American passport but if I want to get my spanish nationality i have to renounce my american. Btw taxes in Spain are nuts specially with how little we get paid here and how few job offers there are, they even came up with the term years ago "mil euristas" and just rent alone is the majority of that. Do you know a way to have both nationalities without renouncing my american nationality?
Great analysis, thank you! Could you help me with something unrelated: My OKX wallet holds some USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). How should I go about transferring them to Binance?
I am bored in PR and retired from US military. How would it work if I get the resident of Spain by pareja de hecho. Still don’t know if they will taxed my retirement pay and disability
What about in the scenario were your only income is Disability from SS and the VA? And you were bien in one of the Latin American countries you mentioned. Do you recommend the 2yr non lucrative process for citizenship? Please advise. Thank you kindly
How about for those Filipinos that had Spanish blood like me could I get citizenship even though the Philippines is not on the list of countries you've mention?
Is it better to just maintain my USA residency and pay us taxes and then get the Golden Visa for Spanish residency, but if I do investment properties like Air Bnb, I still have to pay some Spanish income taxes for short term or long term rentals?
I watched your video on crypto capital gains tax and you mentioned Puerto Rico is the only option. I am interested in doing this. You said your father is accountant there. Can you recommend a contact or help to set me up legally? I am USA Citizen and have been living outside of USA for over 2 years.
Hello. I have a question ❓ My wife is Venezuelan. I can automatically get venezuelan citizenship (just never did it). However I was not born in there. So if I get that citizenship, can go to Spain and get citizenship of Spain? Thank you
you'd need 10 years, while your wife would only need 2 years. this seems to be the rule, as Naturalized citizenships of a previous spanish colony are not taken in consideration for the 2 years estimate. You'd need ti have been born in one. And as ive research the topic, eventhough your wife may get a spanish citizenship in 2 years, being her spouse wont help you out, as Spain ask for spouses of spanish citizenships to live there for 1 year, if the marriage was registered in Spain.
@@AlexCamri Thank you for your response. But, please take into consideration that I can also get Venezuelan citizenship since by law of Venezuela the spouse can apply for citizenship through spouse if their marriage was 5+ years (Which we do have) Then, as a venezuelan citizen can I go through faster process with Spain then? Doesn't that make sense ?) And if I know I'm going through the process of getting Spanish citizenship, living there for 1 year isn't a problem for me.
@@ВПоискахПравды-ь6э Yeah, you can apply for venezuelan citizenship. But the issue regarding the Spanish citizenship is that their 2 years requirement is only applied for born iberoamericans. Whether you are American, English, Russian, German, whatever your first citizenship is, it doesn't matter whether you acquire a Venezuelan, Mexican, Brazilian citizenship, as a second one, you'd need to take on 10 years of residence in Spain, as any other foreigner outside a former Spanish colony must. You must have been born in a former Spanish colony to apply for the 2 year residence requirement. Your wife being a born Venezuelan would only needs 2 years, and even tho she does, marriage does not provide any shortcut for you, as the marriage should have been registered in Spain once she was a Spanish citizen. So you'd need the 10 year residence anyway. As I've read there's no need for ancestry proof, the only thing needed is for you to have been born over here (I'm Latinamerican, Mexican), as an example, P.R. citizens are acknowledge as US citizens, but they only need a birth certificate as proof of them having been born in Latin America.
@@AlexCamri This is very interesting. Thank you for the info. What I basically want is to obtaion European Passport as a second and then travel around Europe. Working from my Laptop as a Digital Nomad. I prefer Portugal to stay, but I want to travel around and work doing Digital Commercials.. I just don't want to waste all that time like 5-10 years for those processes. Too much from my life that I can give for paper ))
Hi, My father is Filipino and he is born on Manila, But I am born on Hong Kong, But I get a Filipino passport as my father is Filipino, So if I apply the non-Lucrative visa in Spain. After 2 years, Can I apply the Spain Citizenship? And the progress of application is 1 year? Right?
You are a natural-born Filipino if one of your parents is a Filipino citizen. It does not matter where they were born, even if they were not natural-born Filipino as long as one of them is already a Filipino citizen at the time you were born, you are a natural-born Filipino. If you were born outside the Phils. to one or both Filipino citizen, you are a natural born Filipino.
@@WealthyExpat I'm talking about getting the Citizenship by investment. Although it's not exactly by investment but is very similar. The time frame reduces drastically compared to Naturalisation. Would be able to make a video on that. Given how perfect Switzerland is for saving tax and living.
Is a pension considered personal income?? I’m puertorican (born in PR)- Do you get a non lucrative visa and live off pension till you get citizenship, then you can get a job? Or could I work part time while seeking citizenship?
I am from India, I got a job offer from a French compny in spain, can i bring my husband and 4 years daughter along with me or do they have to wait? Is there any way that they can accompany me? I dont wana go without them, any way possible?
hello, I am from Pakistan. I have a Spanish NIE card which I got through a nonlucrative visa. but I came back to Pakistan. in June my card is expiring. should I come and try to get a Portugal card. is it a good idea?
Hi sir I have a girlfriend from Colombia but she is working in Spain from the last 20 months but she don't have a resident card in Spain yet..can she travel to Pakistan and get married then we both move to Spain... please tell me in details or make a video about it... thanks
What are the new rules for residency in Spain 2023? Permanent residency by investment in Spain in 2023 a capital investment of a minimum 2 million euros which must be invested in the purchase of bonds approved by the Government; a capital investment of 1 million euros in the purchase of company shares in Spanish businesses approved by the Government; More items...•24 May 202
Thank you for watching this video on Spanish citizenship!
If you want to learn more about how to get a second citizenship subscribe: th-cam.com/users/WealthyExpat
You forgot to include the Philippines though FYI, but I love the content of your page!
How about for Filipinos whose grand parents have Spanish blood could it be possible to avail such citizenship of at least of two years?
Could you do q video on Germany Blue card? Could you get the citizenship if you're paying taxes but don't live in the country for 6 months or more?
If you're an American citizen and get a Latin American citizenship. do you still have this option?
I am a spaniard, and I am totally agree. I know lot of countries in the world and Spain is one of the best for living(safe+lifestyle+culture...) BUT the taxes, bureaucracy and the spanish IRS are the hell. Consider better stay there less than 6 months/year and be resident in other friendly-tax place. That´s what smart high network people do in Spain.
Same thought here, thank you for sharing your view!
Taxes are high but at least health insurance is better than in the USA.
@@JuanJohn013 I agree. I’d rather pay higher taxes there than pay higher taxes here in the US where all of it goes to corrupt police and wars.
@@JuanJohn013 and education is waaay better which for someone like me, trying to have kids, this is something I’m definitely considering since I’m Honduran-American and I would be able to get the Spanish citizenship as described in the video
@@michellemorrison9663 any recommendations on some spanish schools purely to learn spanish ? near barcelona , i fly there next month.
It's actually so true about 🇪🇦 taxation. Just recall Shakira (who lives in 🇪🇦) got in trouble, yet she isn't even a citizen!
She is spanish
@@eliefosso7215 No she's not .. she's colombian, Latina) Lebanon 🇱🇧 and American by her father being born in the U.S..
Her ancestors are Middle East and European descent.
Spain isn't calling her spainaird
She hold NO citizenship to Spain.
That's not how it works .
@@bbpersonalpage1613she is in Spain on PR maybe
You forgot The Philippines and Equatorial Guinea, the 2 years is also followed for Filipino Citizen since we were a previous colony.
Pro Latin american guy.
@@maxie9773 true haha
@@maxie9773 I mean he did say countries formally under Spanish rule, he didn’t say exactly that but in layman’s terms that’s what he said.
@@maxie9773Actually any former colony of Spain are included in the 2 years and yes that includes the Philippines.
Can a filipino-born who is now a citizen of Canada still get that 2 years?
Perfectly explained. Just more thing: Spanish Tax Law is full, flooded with ambiguities so you can never be sure you are doing the right thing as everything is open to interpretation. This is obviously done in purpose, so when they take you to court they will use this ambiguity to put pressure on you by letting you know that the judge's decision is completely impossible to foresee. This way they will convince you that negotiating is the best option for both parties. A zouk in Marrakesh is more serious than the situation you will experience from this moment.
I’ve seen how La Liga treat the players
My understanding is if your parents were born In Puerto Rico and you can show this on your birth certificate, you can qualify for the 2 year Fast Track as well.
You just need one parent born in PR.
Thank you for a great summary and sharing your own journey with the decision of becoming a citizen. If living in Spain longterm is the main goal then I don't see the need for a citizenship since there are many cheaper ways of accomplishing that. That said, it is an absolutely lovely country to live in.
La mayoría de las veces me sorprende mucho la forma en que paso de un estilo de vida promedio a ganar más de 70k por mes, sorpresa total es la palabra, he entendido mucho en los últimos años para dudar de que abundan las oportunidades en los mercados financieros, lo único es saber donde enfocar
Wow, eso es más que un bocado de ganancias que estás obteniendo. ¿Cómo logras esta hazaña de manera consistente? Debes ser un genio en el comercio.
De todos modos, en realidad no, lo que sé sobre el comercio casi bordea la nada jajaja. Obtengo enormes ganancias sin mi inversión desde que comencé a operar con el Sr. Richard.
Sus estrategias comerciales son de primera categoría junto con la pequeña comisión que cobra por su operación.
¿De verdad le estás dando tu dinero o tu moneda?
Mi moneda permanece en mi cuenta comercial, mi cuenta solo refleja sus operaciones en tiempo real, esa es la idea detrás de la copia comercial.
Not just three years. It can take more than that because the Spanish government needs to go through the backlog from previous years’ applications.
Would love to hear more about exit taxes and how Spain will 'probably make it really hard'. You described the exact scenario I was thinking of: lay low in Spain for 3-4 years, then move tax residency to Dubai. My lawyers advised that there is no automatic conversion into tax residents for Spanish civil residents or nationals - this is based on effective residence of at least 183 days. So you could move to Dubai and not be considered a tax resident of Spain and not pay those tax rates you described. I am not yet a high net worth individual making 1M+ a year, and so don't believe the exit taxes would apply in my case.
hows it going now mate
I would also be interested in an answer to this as I was considering Spain until I heard about them making it really hard not to be a tax resident and having to pay an exit tax
So if I'm understanding correctly, say I have a remote job in the US, I would have to pay income tax to Spain based on my US job income?
Say after getting the citizenship after 2 years and I want to go back to US, will I still have to pay Spain income taxes?
I'd also like a video going into detail about Spain making it hard to NOT pay taxes after receiving citizenship and moving elsewhere. My plan is to get Mexican citizenship (my father was born in Mexico and I in the USA) and then apply for Spanish citizenship as I'm currently living here under NLV. Not a HNWI (yet...) but will probably face some pretty steep taxes in the future.
I’m Puertorrican And I got my non lucrative visa and planning to live there about two years to try and get my Spanish citizenship. Hey what if I pass the 2-3 year timeframe for the citizenship and decide to retain my tax paying in PR (the US) can that be an option/alternative?
Filipinos are one of the most qualified people to gain Spanish citizenship.
Even more than Mexicans and Colombians? Or are they the Same?
I didn't know that fact about Latinos becoming Spanish citizens. I wonder how many Latinos, especially Puerto Ricans, who knew this and would rather become Spanish citizens instead of US citizens.
Fun fact: it's for ANY US citizen as ANY US citizen could move to Puerto Rico and then get the Puerto Rico citizenship in one year, plus you will learn Spanish. Then you can get the Spanish citizenship in 2 years.
I heard citizens of former spain colony should be born there not naturalized is it true
@@ab-pe6fr I have no idea.
Or if any of your parents were born in Puerto Rico, you can also get Spanish citizenship in 2 years
WOwww this is awesome. enjoyed watching :) thanks for sharing,..
we from the Philippines we can only have 2 years to acquire Spanish Citizenship because we were colonized by Spain before and that's in the Spanish Law..
I love your channel! I watch every single video you post
Thank you so much for the support !!
If you are getting income for business dividends you only pay the business profit, if you get income from your personal activity or a salary then the progressive tax applies to you.
So if your business is abroad you declare the dividends only without enrolling to the social security system and you will only pay the 23% (which is not low, but you are getting away from the personal income tax and SS payments).
Trick: Live only of the business profit.
Californios of California
Tejanos of Texas
Nuevo Mexicanos of New Mexico
Guatemaltecas
Costa Ricans
Former states of Spain and then broke away from the Mexican empire
Always forgotten about lol. Adding EU citizenship to US citizenship sounds nice lucky Puerto Rico lol
This video was very useful, thanks you very much.
I read in an article that Spain now requires only to travel 8 times to Spain during these 2 years
In other words, you should travel to Spain every 3 months, no need to spend 180 days anymore
Is that verified?
Thats expensive
Spain has a progressive tax model like the US with marginal tax rates, not a flat tax, so saying you are going to be paying 50% of all your income in taxes is simply not true.
You forgot equatorial guinea/africa and philippines/asia. And dual citizenship is ok as long as you from the former colonies of spain
What about relying on Beckham’s Law while you get your citizenship? You technically never become a Spanish tax resident for 5 years but maintain a physical residency to qualify for citizenship.
Is this program retroactive? I was born in Mexico and lived in Spain for 3.5 years (2016-2019). Can I still try to apply for citizenship?
I'm curious if as a naturalised Mexican citizen you could qualify or do you have to be born in Mexico?
U qualify
You forgot to mention Andorra and the Philippines who can also qualify for living in 2 years in Spain to apply for Spanish citizenship
I keep hearing about taxes. But there are benefits. I was born with heart problems. I can’t get the medical treatment I need because lack of insurance. I would not mind paying taxes if I can get the treatment I need. There is more to life than money
I'm Mexican and I wanna study in Spain and eventually get my residence I love Spain
If you are of Latin American origin and have a golden visa with an investment of 500k, do you need to live 2 years for citizenship or instead only annual entries, because it is an investor visa? Thanks
Tienes que vivir allá dos años para poder aplicar para la citizenchip, y para considerarte que vives allá tienes que estar minimo seis meses y tener tu residencia fiscal allá. Si estas con golden visa pero no vives no puedes aplicar a citizenship, eso es lo que tengo entendido.
What about people considering retirement in Spain? (living in Spain approximately 6 months out of the year) Should they consider citizenship? Income would be minimal, bulk of holdings would be outside Spain. Would the high taxes be less of a concern?
@Lean Mean Cleaning Machine I read that Spain does make state that you’re renouncing your American citizenship, but that it is not legally binding in the US so you would still be considered and US citizen. A bit odd but seems fine to me
If a bulk of holdings are outside Spain then it might work; they have a tax incentive called beckhams law.
I am confused. If I am from Brazil and I spend 2 years legally in Spain I will be eligible for citizenship? I'm also an American citizen so my plan was go with a 'teach English abroad' program for 2 years then try to get residency there. Would that work?
Hey. I’m in the same exact situation. From Brazil, but an American citizen
Philippines 🇵🇭 was not mentioned on the list though also entitled for a 2-year residency to get the citizenship.
However, the government's action is so slow that it takes a year to 3 till you get the citizenship after application. Not to included that the Spanish tax system is so high and the economy is not doing great, as well as the healthcare system and free education.
The reason why getting the citizenship in Spain is not a hype in the Philippines.
hi !! can you elaborate more pls?
I am from Eastern Europe Iam the most wealthy here 😎😎🔥🔥🔥
If both of my parents were born in puerto rico but I was not, could I be eligible for citizenship in 2 years?
Philippines as well for more than 300 years. FYI
Please educate me why having a brazilian passport/citizenship makes it easier to get citizenship in Spain? Although Brazil is a latin american country it was colonized by the Portuguese , not Spanish. Thank you.
It still qualifies for the 2-year program with Spain for accelerated citizenship
@@WealthyExpat Thank you.
@@odinmoreira355 because they consider Brazil as a latin American country
@WealthyExpat please make content on spain citizenship conferral through Sephardic ancestry. An estimated 200 million through 300 would qualify in latin America. There's no residence requirement & you're allowed multiple citizenships pre & post process
I'm of British origen and have just been granted Spanish nationality. I've lived 23 yrs here in Spain. That's half my life. Married to a Spaniard 18 years. It took 5 months,using a lawyer. I strongly recommend using a lawyer! It took a while to gather the documents because non Spanish speakers must do language exams. In total its cost me around €1700 in all to obtain all required documentation.
I want to be Spanish because this feels my home. Not for fiscal reasons. Remember- YOU CANT HAVE DUAL NATIONALITY if you're not from France or an iberoamerican country or if don't have Spanish ancestry/blood.
Uk recognises Dual nationality. Spain doesn't.
I like your videos. Especially your videos about Dubai. I was wondering why you make assumptions about your viewers? Like you said in this video, "if your watching this, you probably don't want to work in Spain.". Another video you said, "if your watching this you probably live in a nice house or apartment.". I don't mind that, but just thought I'd let you know that your information isn't only useful to rich people. I live in a low rent area and I would love to be able to work in other countries. I'd also love to be rich too. But I'm not. Anyway hope you have a good day/night and look forward to watching more videos.
Thanks for the info! I'm planning on doing the NLV with my income from being a Disabled Veteran from the US, which is non-taxable. I understood that my disability isn't taxable in Spain either. Is that correct? Are there any advantages to living in Portugal instead?
I heard Portugal was better with your pension situation. D7 VISA PORTUGAL
Wait a second....
The Philippines, Portugal, Equatorial Guinea, & Andorra can be apply as citizens of Spain in 2 years.
Countries that were under Spanish rule from what I understood
i went to a spanish consulate in chicago they said this is not true. i have a email frm them too saying it’s not trueb
@@E60666 Go to another consulate. Maybe they aren't well-informed
I’m Puerto Rican, born there and live in the states. If Spain isn’t the path to Europe, what is? Portugal?
Spain colonized the Philippines for couple centuries. Does Philippine-born qualify for this 2-year program? Thank you!
Did I hear right? Portugal's golden visa does not require you to live in Portugal and become a tax resident and still be eligible for Portuguese citizenship after 5 years?
Yes. requires 7 day s in Portugal per year only. If you want to live here you qualify for non habitual residence no taxes for 10 years.
Filipinos also, qualify for the 2 year citizenship
Here to support your channel!! Referred by David Jaffee!! 😊
I hold dual citizenship with the US and Mexico and I'm really tempted to get Spanish citizenship, but Spain's taxes are so ass, I don't know if it's worth it.. especially if one is thinking to be an autónomo as a low income earner. I wonder if it's better to get a D8 visa for Portugal instead, or a DAFT visa for the Netherlands, even though it takes a longer time to become naturalized.
As far as I know you may have to relinquish your USA citizenship to attain the Spanish, can keep the Mexican citizenship
49.5% income tax is still significantly better than living in Australia.
You didnt mentioned the phillippines
You said if you are born in LA country but then you also said at same time, I’d you are a citizen. Which one is it (meaning can you do this 2 years if you obtained LA citizenship through residency and no familial or birth ties?)?
Would be nice to hear examples, and advice, for us mere mortal expats/nomads with a household income of, say, US $150,000 to $250,000 per year, and no sizeable crypto gains.
you forgot to mention how filipinos and equatorial guineans can. and how sephardic jews or those who descend from sephardic jews (even if they don’t practice or plan on converting to judaism) can get it.
is language teacher Eligible for the permanent residency application after 2 years in spain
Hello Sir, I hope you’re doing great.
I’m an Iraqi citizen and I’m trying to get Spanish Non-lucrative visa.
I have 3 questions and they are as follows:
1- Am I qualified as Iraqi to get Spanish non lucrative visa?
2- People who get Non lucrative visa, Do they also have to pay taxes?
3- How long until you become eligible to get the Spanish passport thru your residency by Non lucrative visa?
اخوي انت عايش في العراق ؟
@@Muhayyo666
هلا اخوي، لا انا عايش بالسعودية حالياً وراجع العراق على نص سنة ٢٠٢٤، بس ليش تسألني اخوي؟
@@Pale.BlueDot حتى انا مثلك عايش في السعودية ،، اقدر اكلمك واتس الله يسعدك ؟
@@Pale.BlueDot كنت اريد اسالك بخصوص فيزا اسبانيا الله يطول في عمرك
@@Muhayyo666
هلابك والله، اي تقدر تكلمني بس والله يغالي مادي احط رقمي هنا بصراحة. تبي تحط رقمك وانا اراسلك؟
My wife is Spanish. and she's been waiting for 8; months waiting for her rightful pension.
Meantime they haven't paid a cent.
That's how S PAIN ttreats their subjects
My parents were born in Puerto Rico, I was born in NYC but I have my Puerto Rican Certificate of citizenship through my father. I was told I can do the 2 years fast track for Spanish citizenship. Is that true?
According to the BoE: Serán suficientes cinco años para los que hayan obtenido la condición de refugiado y dos años cuando se trate de nacionales de origen de países iberoamericanos, Andorra, Filipinas, Guinea Ecuatorial o Portugal o de sefardíes.
I hate taxes, people should pay for their own roads to be built, bridges made stable, and hire their own police force, and if you break an arm it's your own fault, and schools shouldn't be supported by the public either.
Not correct, for a Non Lucrative Visa, 10 months a year for 5 years is quickest way to get a temp residency 6 months does not get you a temp visa 5:04
Does this scenario work for naturalized citizens from previous Spanish colonies? Or do they only consider born citizens?
No, must be born in Spanish colonies, not naturalized. The list of these birth countries include Philippines, Puerto Rico (USA), Guinea Equtorial, Brazil and Portugal. Last two don't belong to the 🇪🇸 colonial list, but they also qualify for 2-year shortcut.
Hi Jasur, actually naturalized citizens of former Spanish colonies is permitted. I'm a naturalized Colombian citizen and was able to obtain Spanish citizenship after 2 years.
What about Brazilian citizenship? I’m thinking about going for that and then moving to Uruguay 🇺🇾
Brazilian citizenship is great definitely, you have access to a ton of the World, it's one of the most underrated passports in the World
@@WealthyExpat yes I plan to make that my plan A 🇧🇷. Although I would rather have Uruguay 🇺🇾 citizenship I hear it’s not as easy to naturalize there
Plz Rwd - I lived in UY for three years. I cannot recommend it. Very expensive, low low wages, too many people on public pensions, many young people choose to leave (leaving no one to support the public pension system). Loveliest or lovely people - so many friends to this day! But…..their situation and plight is not good. 😕
You don’t have to be born in Puerto Rico
. If at least one of your parents were born on the island you qualify for PR citizenship.
I was born in Puerto Rico and I want a Spanish citizenship I heard I can get it in two
Only people who can prove they've got some Spanish ancestry should be able to get Spanish citizenship. Spanish citiizenship is not something you should be able to obtain because of economic reasons so 10 years is exactly how it should be. Spain does not have high taxes. You should go live in England and you will pay 4 times as much.
They need to pursue fraudsters aggressively as people were wanting to benefit from Spanish resources and not pay any tax by hiding it. Why should Spanish law abiding citizens have to pay more to run infrastructure such as hospitals and foreigners or the rich, pay nothing.
What taxes would I have to pay as a Spanish citizen living in a country like the UK which has a double tax treaty with Spain?
I have my American passport but if I want to get my spanish nationality i have to renounce my american.
Btw taxes in Spain are nuts specially with how little we get paid here and how few job offers there are, they even came up with the term years ago "mil euristas" and just rent alone is the majority of that. Do you know a way to have both nationalities without renouncing my american nationality?
Great analysis, thank you! Could you help me with something unrelated: My OKX wallet holds some USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). How should I go about transferring them to Binance?
Portugal and Equatorial Guinea citizens can also do it in 2 years
My girlfriend from peru and i am living in Portugal
Im an American and im getting my Spanish citizenship and moving there
I am bored in PR and retired from US military. How would it work if I get the resident of Spain by pareja de hecho. Still don’t know if they will taxed my retirement pay and disability
So if you're naturalized citizen of any of these Latin American countries, you're not eligible right?
That’s also what I’m wondering. If we obtain a Latin American citizenship through naturalization, can we still obtain Spanish citizenship ?
What if I was born in mainland USA but my parents were born in PR ? Can I get Spain passport?
Philippines is included in 2 years
How does it work for an EU spouse? How long does it takes for them to get a citizenship?
But the investment in Portugal is restricted right? Meaning you can only invest in some certain areas.
What about in the scenario were your only income is Disability from SS and the VA? And you were bien in one of the Latin American countries you mentioned. Do you recommend the 2yr non lucrative process for citizenship?
Please advise.
Thank you kindly
Great question, I would also like to know this!
D7 visa for Portugal is better
What is you were born in Madrid, Spain to a Spanish mother and American father?
How about for those Filipinos that had Spanish blood like me could I get citizenship even though the Philippines is not on the list of countries you've mention?
Yes only takes 2 years for Filipinos.
Is it better to just maintain my USA residency and pay us taxes and then get the Golden Visa for Spanish residency, but if I do investment properties like Air Bnb, I still have to pay some Spanish income taxes for short term or long term rentals?
I watched your video on crypto capital gains tax and you mentioned Puerto Rico is the only option. I am interested in doing this. You said your father is accountant there. Can you recommend a contact or help to set me up legally? I am USA Citizen and have been living outside of USA for over 2 years.
I can definitely help with it, book a call with me I'll explain the details: wealthyexpatcall.com/
Hey, how much do you pay for your lousy healthcare in the US, how much do you pay for property tax? You go5 to look at the whole thing…..
I was born in the USA. If I become a naturalized citizen of the Dominican Republic do I qualify for the 2-year fast track program?
You forgot cuba
Im from brazil and I’m planning for Spanish citizenship does i have to renounce my brazil citizenship for Spanish citizenship yes or no..?
I thought this is about how to get Spanish Citizenship. It’s all bout taxes in Spain.
Hello. I have a question ❓
My wife is Venezuelan. I can automatically get venezuelan citizenship (just never did it). However I was not born in there.
So if I get that citizenship, can go to Spain and get citizenship of Spain?
Thank you
you'd need 10 years, while your wife would only need 2 years.
this seems to be the rule, as Naturalized citizenships of a previous spanish colony are not taken in consideration for the 2 years estimate. You'd need ti have been born in one.
And as ive research the topic, eventhough your wife may get a spanish citizenship in 2 years, being her spouse wont help you out, as Spain ask for spouses of spanish citizenships to live there for 1 year, if the marriage was registered in Spain.
@@AlexCamri Thank you for your response. But, please take into consideration that I can also get Venezuelan citizenship since by law of Venezuela the spouse can apply for citizenship through spouse if their marriage was 5+ years (Which we do have)
Then, as a venezuelan citizen can I go through faster process with Spain then?
Doesn't that make sense ?)
And if I know I'm going through the process of getting Spanish citizenship, living there for 1 year isn't a problem for me.
@@ВПоискахПравды-ь6э
Yeah, you can apply for venezuelan citizenship.
But the issue regarding the Spanish citizenship is that their 2 years requirement is only applied for born iberoamericans.
Whether you are American, English, Russian, German, whatever your first citizenship is, it doesn't matter whether you acquire a Venezuelan, Mexican, Brazilian citizenship, as a second one, you'd need to take on 10 years of residence in Spain, as any other foreigner outside a former Spanish colony must.
You must have been born in a former Spanish colony to apply for the 2 year residence requirement.
Your wife being a born Venezuelan would only needs 2 years, and even tho she does, marriage does not provide any shortcut for you, as the marriage should have been registered in Spain once she was a Spanish citizen. So you'd need the 10 year residence anyway.
As I've read there's no need for ancestry proof, the only thing needed is for you to have been born over here (I'm Latinamerican, Mexican), as an example, P.R. citizens are acknowledge as US citizens, but they only need a birth certificate as proof of them having been born in Latin America.
@@AlexCamri This is very interesting. Thank you for the info. What I basically want is to obtaion European Passport as a second and then travel around Europe.
Working from my Laptop as a Digital Nomad. I prefer Portugal to stay, but I want to travel around and work doing Digital Commercials.. I just don't want to waste all that time like 5-10 years for those processes. Too much from my life that I can give for paper ))
Maybe getting spain residency by investment in real estate would be better
Hi, My father is Filipino and he is born on Manila, But I am born on Hong Kong, But I get a Filipino passport as my father is Filipino, So if I apply the non-Lucrative visa in Spain. After 2 years, Can I apply the Spain Citizenship? And the progress of application is 1 year? Right?
You are a natural-born Filipino if one of your parents is a Filipino citizen. It does not matter where they were born, even if they were not natural-born Filipino as long as one of them is already a Filipino citizen at the time you were born, you are a natural-born Filipino.
If you were born outside the Phils. to one or both Filipino citizen, you are a natural born Filipino.
Hi,where I can study for exams to pass without problem in Spain?
What about Swiss Citizenship? It's hard to get but it's a Tax haven. Or it was, idk but it's a perfect country.
I LOVE Switzerland just really hard to move there and it takes 10 years to get the citizenship
@@WealthyExpat I'm talking about getting the Citizenship by investment. Although it's not exactly by investment but is very similar. The time frame reduces drastically compared to Naturalisation. Would be able to make a video on that. Given how perfect Switzerland is for saving tax and living.
Is a pension considered personal income?? I’m puertorican (born in PR)- Do you get a non lucrative visa and live off pension till you get citizenship, then you can get a job? Or could I work part time while seeking citizenship?
I am from India, I got a job offer from a French compny in spain, can i bring my husband and 4 years daughter along with me or do they have to wait? Is there any way that they can accompany me? I dont wana go without them, any way possible?
Please i was denied a student visa in my home country and i want to appeal from madrid how can you help out?
hello, I am from Pakistan. I have a Spanish NIE card which I got through a nonlucrative visa. but I came back to Pakistan. in June my card is expiring. should I come and try to get a Portugal card. is it a good idea?
Hi sir I have a girlfriend from Colombia but she is working in Spain from the last 20 months but she don't have a resident card in Spain yet..can she travel to Pakistan and get married then we both move to Spain... please tell me in details or make a video about it... thanks
How to get, Ecuador visa
If I’m Puerto Rican but I wasn’t born there does it count for me or do I have to take another route?
Me as well
Anyone try it?
This video was very informative! Such a shame there are so many tax issues to contend with!
What are the new rules for residency in Spain 2023?
Permanent residency by investment in Spain in 2023
a capital investment of a minimum 2 million euros which must be invested in the purchase of bonds approved by the Government;
a capital investment of 1 million euros in the purchase of company shares in Spanish businesses approved by the Government;
More items...•24 May 202