Marina and Claudia are helping me with my NLV application currently. They are very professional and responsive. They're really knowledgeable on specific requirements for my consulate. I highly recommend them.
Marina is the best, as are you guys. Love your videos - you're our heroes and inspiration for our hopeful Valencia move. Keep up the amazing work. Marina too!
Thank you guys very helpful love your energy .my family n i left Cuba 1980 move to spain thanks to my grandfather being from there lived in Madrid 3 months celebrated my 14 bday there love it n we came to the States would love to move back thank you again for the information
Thanks for this video!! My brother moved to Spain in 2020 and was able to get residency before the brexit cut off because we are dual citizens of Canada and England. I’m currently living in Mexico and I want to live in Stiges with my brother. I’ve already made a consultation appointment. The visa process seems VERY complicated. I can just come from Canada to Mexico and stay for 6 months at a time, do a visa run and come right back!
Thank you so much, I’ve been searching for this kind of information for so long time cuz I’m really interested in moving to Spain by getting NLV and u just gave me a credible source to get the information that I truly need. All the love guys❤️❤️
Si, me gustan las tapas (con cervezas por supuesto), pero sobre todas, me gusta Days we Spend! I've been waffling on whether to hire this company or do it myself (get the NLV), but after months of trying to schedule an appointment with LA, I may just bite the bullet. Thankyou for the interview!
As you said, things change! We had our appointment at the LA consulate on July 10 (2023) and they did not ask about a mortgage or ask us for our tax returns.
Very informative and thank you for including the link.. I will definitely be reaching out to Merina, if my Italian citizenship process falls through (Italian ancestry) Currently living in Tampa, FL., however, I find that the quality of life in Italy, Spain and Portugal are much better than here in the United States.
What a great video. I love these guys and Marina seems awesome too. I hope I can run this gauntlet myself within a couple of years, with Marina's help, and then meet Lainey and Shawn for coffee in Galícia!
To apply for a non-lucrative visa I need to provide proof of health insurance in Spain. To get health insurance I need a NIE, but if I am just applying for a visa, I do not have NIE, so how do I solve that catch 22?
Our cover letter was more of a simple statement of intent. Who we were, why we were moving to Spain and how we weren’t planning to work while on the NLV.
@@DaysWeSpend one more question and I'll stop bothering you and you can enjoy Spain😉, when you had your docs translated did you have to send the physical copies to Spain or were you able to scan and email what you had?
@@DaysWeSpend I meant when the docs were translated. Did you email the docs to the translation company? Or did you send the physical documents to the translation company?
Awesome information, you two! I remember how stressed you were Shawn telling me about this process. I believe you 100% that you’d use her service to help navigate that process. Keep up the good work and congratulations on 10,000+ subs!!!
Thanks, man. It really was a stressful thing. I wish I’d known we could have had help for such a good price. Thanks for checking in bud. You gotta come visit España soon!
I think this is a very helpful process video and Marina is helpful. However, especially retirees need to know the TAX implications for US citizens. Taxes in Spain are on worldwide income, and other assets you have and Spain has a significantly higher taxes than the US. I’ve been looking at moving to Spain for a while and it may not make sense.
That is good to know. Do you know if this because of the USA or Spain, or both? Because I know that USA citizens get taxed on their income wherever they move to.
@@stevenponte6655 We think it's probably Spain. There is a tax treaty between the countries, so there's no double taxes. However, we haven't experienced a tax season yet.
Yes, it is valid question - we have been looking at this visa, however, tax implications (we are from Canada) might be a big deal. Spain has higher taxes than Canada and paying additional 30-35% on top of Canadian tax doesn't make sense.
@@DavidYYC We've been told that the best thing is to get a really good accountant who specializes in this. We're planning on going that route this year.
Just found your channel - going to binge watch - was initially drawn in by your videos about toasty (since that's what I want to do when I retire next year) but then saw that you've moved to Spain - I'm also planning to walk the Camino next year; walked the last 100 km in 2018 loved the experience & love Spain so these videos entice me to dream a bit - hummm maybe a possibility - few questions please 1. I will fully qualify for a non lucrative visa but may be thinking of starting a You Tube Channel - is this permitted or is it looked at as a form of working by the Spanish gov? 2. Is it hard to find apartments in Santiago de Comp. ? I loved the vibe of being in a university city but don't know if I'd enjoy relocating there . 3. Are you taking Spanish lessons? 4. What's your actual cost of living monthly? Thanks
Wow, we have so much in common! You should totally walk the Camino. It’s the best. As for any work questions about the NLV, we’re really not sure since we’re still in our first year. You should book a chat with Marina if you want expert advice about the NLV! Finding an apartment can be tough, but you just need to find a good realtor. We are taking Spanish lessons. Gotta learn! And we might share our budget one of these days in a future video! Thanks so much for watching.
Interesting, so if my husband owns a company here he has to close it down? And we would have to have x amount of money in our account to show like she said for a family of four is like 56 euros so we have to have the equivalent of that in our account? Is that what she is saying? Love the video super informative!
Thank you for posting this video and having Marina there as an amazing legal expert. I do have a question about health, if you are in your first year of cancer completed treatments and doing well will they discount that when obtaining the health insurance policy? And as a granddaughter of Spanish Austrian grandparents, I have not been able to successfully find my grandparents birth certificates from the 1890s in the civil ministry of the province of Asturias in the county of Ponga. Will this be helpful in securing my NLV visa in case the medical part is an issue. ?
So happy we could help. Marina is fantastic. Honestly those are super good (and specific!) questions that would be perfect for an expert like Marina to answer. You can schedule a free chat with her with the link in the video to see how that would affect your NLV application. Hope that helps!
Hi, thanks for such a great video unveiling valuable information. Is it possible to apply for NLV Spain if one already holds a temporary residency in another European country..?
Is Not having a mortgage a hard stop? We have three homes. 2 are fully paid. All three are rented and making positive income. Our passive income is well over the minimum requirement. It states that one cannot have a mortgage when applying for NLV, is there a waiver process for our 3rd house that is rented? TIA
Apparently, it's possible to get the NLV with a mortgage, but it's very complicated. You'll need to prove sufficient funds to cover the mortgage. We definitely recommend chatting with Marina about this.
So, for US citizens who receive the NLV, are retired and receive a U.S. government/military pension, are there US govt pensions taxed by Spain? I receive a military pension that is nearly double the monetary requirement for the NLV (and also receive Disability compensation from the Veterans Administration), my wife plans to retire from her US federal career in the next 5 years of so.
We recommend talking to an expat tax professional. Everyone's taxes are different and Spain and the USA have a tax treaty so that you are not double taxed.
If granted an NLV, will I be considered a tax resident if I only live in Spain for 120-150 days per year? (Not really seeking “permanent residency” at this time.) Will need to spend at least ~6 months p/yr in the UK to help with family, elderly parents, look after properties, etc
As far as we know, you can stay less than the tax requirement and you won’t have to pay. If you want residency, this affects your residency status. We’re not sure how staying less than 1/2 a year affects the NLV renewal, that’s something to ask Marina.
Hello. I was looking into Digital Nomad Visas here and in neighboring countries, but I have learned that we would be better off applying as retired Americans. Even though I still teach online, it's only part-time. Are you retired? How did you apply as a non-EU for residency? Are you an online teacher here? Your thoughts or advice? Thank you! Dean
We aren't retired, but we're taking a sabbatical and we have some minor passive income streams. We don't have experience with residency (yet). Marina can help you out with all sorts of more specific questions.
Thank you so much for all of this useful information. My husband and I have been looking into moving to Europe, and trying to determine what country (and visa) might be best suited to us. I'm curious to know how come running your TH-cam channel doesn't disqualify your from the NLV visa. It doesn't seem to be an issue and yet Marina clearly states that people on the NLV can't work at all. Are you/we allowed to earn money from TH-cam while on an NLV? Or, for that matter, are we allowed to run any type of content creator business? I ask only because this is something my husband and I are interested in doing. Thank you again for your fun and informative videos. They're incredibly inspiring!
I’m curious me and family are applying for NLV using savings we have..has your you tube income affected the NLV in any way? We are in a similar situation with an ebook. I consider it passive but who knows.
Yes, there’s a digital nomad visa for someone working remotely in Spain. Every country has different requirements for their digital nomad visas. Spain’s is very new and the requirements are very specific.
Do I have to submit the passport with the NLV application or just a copy? If yes, does that mean that I can't travel while waiting for the application to be processed, which is around 3 months?
You have to submit your passport with the NLV application. We've heard that some people request to get their passport back so they can travel, but this is rare and varies from consulate to consulate.
That’s a good question for an expert. We recommend that you contact Marina. You can also contact some Spanish insurance agents and ask them about coverage.
Do I need to apostille my kids' birth certificates and marriage certificates for the Washington DC Spain Consulate, or is it sufficient to have them legalized? And if legalizing is enough, then would that be for the copy or original?
We had our marriage certificate apostilled at the state level. We don't have any experience with birth certificates. If you have lots of questions, we suggest reaching out to Marina. She knows all these answers and more.
It's a simple form that certifies you are in good health. We talk about it in more detail in our other NLV video: th-cam.com/video/3IloCk91eZc/w-d-xo.htmlsi=TvvGnwsJ2IcBZ9P3
As a holder of the Spain Non-Lucrative Visa, you are classified as a tax resident after spending more than 183 days per year in the country. This status implies that you are subject to Spanish taxes on your worldwide income. The tax rate for income, including pensions, starts at 19% for EU residents and 24% for non-EU residents. Tax rates may vary for other forms of income. Key points: Tax residency: More than 183 days in Spain per year. Income tax: Starting at 19% for EU, 24% for non-EU. Capital gains: A minimum of 19% on worldwide income. You must file an annual tax return if you meet the tax residency criteria. You may also be liable for wealth tax, depending on your assets and the specific autonomous community where you reside. NOT ATTRACTIVE.
Hi, I have two questions that many would also benefit from an answer and few videos talk about: 1. If you are already a permanent resident in Spain and at this point you are just renewing your resident visa every five years, do you still need to have a certain amount of money in the bank to meet IPREM requirements ?? 2nd, if you become a Spain citizen does that still require you to have a certain amount of money in the bank and are yearly taxes incurred with the citizenship perk ?
Awesome questions. Honestly, I'm not sure about the IPREM requirements for permanent residence renewal, but I imagine that you have to meet some minimum requirement. I'd be surprised if you didn't. Citizenship is a whole other thing that we haven't looked into deeply, but my understanding is that once you become a citizen, you're treated like any other Spaniard. You have access to all government programs (like healthcare) and there are no more minimums or requirements to remain. You are Spanish.
If you both did the NLV for Spain, how are you still earning money with affiliate links and your buy me a coffee page? I thought the NLV was retirement visa - meaning 'non-working'.
Nothing on a person from the US and Spanish taxes. I suspect that tax rates are very high....40% or so....how is that an advantage? Without knowing the tax rules, nothing else is important.
There are tax treaties so that you are not paying double tax. Yes, the taxes are higher in Spain but if you do not want to pay the taxes, then there are other places to live.
Does owning a fully paid home (no mortgage), count as financial means to support yourself in Spain? I own a home in Houston and own a business too. Looking to move my family of 3.
Absolutely. That’s why we like Marina. She’s super transparent about pricing. We spent less doing it ourselves, but the difference wasn’t that much because we made some mistakes with translations and unnecessary documents. It’s always worth talking to a pro if you’re worried or confused about the process.
@@DaysWeSpend /please keep making your amazing videos/they are truly helpful and inspirational/ My wife and I are looking to move to Spain in about 2 years for retirement and the Galicia area seems very interesting/ Thank you for the helpful tips.🙂
If you are a US citizen with no "special" problems it is easy to yourself. Just get your FBI apostile sone first as it may take 3 months to get it back. From the time of submission to approval was 21days.
21 days is really great! For some people it can be fairly straightforward. For others, it's more complicated and they want some help. Thanks for watching.
Marina and Claudia are helping me with my NLV application currently. They are very professional and responsive. They're really knowledgeable on specific requirements for my consulate. I highly recommend them.
Glad you like them! We loved chatting with Marina. Good luck with your NLV.
Who did you decide to use for Health Insurance? We are being quoted 200 each per month. We are in our mid 60’s. Is that pretty normal?
We just spoke to Marina this morning. Starting the process!! We could have done it ourselves but we just don’t want the stress. 😊
That’s awesome! Good luck. You’re in good hands with her.
@protesto2012 I am curious how your experience is with Marina so far? We have our Digital Nomad consult next week.
Marina is the best, as are you guys. Love your videos - you're our heroes and inspiration for our hopeful Valencia move. Keep up the amazing work. Marina too!
She is amazing! Thanks so much for your kind words. Good luck with your future move.
Thank you guys very helpful love your energy .my family n i left Cuba 1980 move to spain thanks to my grandfather being from there lived in Madrid 3 months celebrated my 14 bday there love it n we came to the States would love to move back thank you again for the information
Thanks so much. Good luck with your possible future move.
BEYOND GRATEFUL! We just booked a consult!
Good luck!
Nice, these videos are great. Thanks for doing the legwork and posting it!
Thanks so much!
Thanks for this video!! My brother moved to Spain in 2020 and was able to get residency before the brexit cut off because we are dual citizens of Canada and England.
I’m currently living in Mexico and I want to live in Stiges with my brother.
I’ve already made a consultation appointment. The visa process seems VERY complicated. I can just come from Canada to Mexico and stay for 6 months at a time, do a visa run and come right back!
You’re welcome! Marina is awesome and she’ll do a great job helping you get the visa. Good luck!
Thank you!!! This was so very informative and helpful!
Glad it was helpful!
Thank you so much, I’ve been searching for this kind of information for so long time cuz I’m really interested in moving to Spain by getting NLV and u just gave me a credible source to get the information that I truly need. All the love guys❤️❤️
That’s fantastic! Happy to help. Good luck getting your NLV and making the move to Spain!
@@DaysWeSpend
❤️❤️
Excellent video. In a couple of years I plan to retire in Spain and now I know where to find help in relocating. Thanks!
Glad it was helpful! Good luck with your future move.
Si, me gustan las tapas (con cervezas por supuesto), pero sobre todas, me gusta Days we Spend! I've been waffling on whether to hire this company or do it myself (get the NLV), but after months of trying to schedule an appointment with LA, I may just bite the bullet. Thankyou for the interview!
Good luck with your visa. You can't go wrong working with Marina. She really cares for her clients and making their process go smoothly.
As you said, things change! We had our appointment at the LA consulate on July 10 (2023) and they did not ask about a mortgage or ask us for our tax returns.
Wow! That's really great to hear. The tax returns were really expensive to translate.
Is showing substantial savings sufficient? We have enough savings and investments to live decades in Spain, just not in the form of “monthly income”.
Yes. Savings or retirement "income" works for the NLV requirements.
Very informative and thank you for including the link.. I will definitely be reaching out to Merina, if my Italian citizenship process falls through (Italian ancestry) Currently living in Tampa, FL., however, I find that the quality of life in Italy, Spain and Portugal are much better than here in the United States.
Glad it was helpful!
What a great video. I love these guys and Marina seems awesome too. I hope I can run this gauntlet myself within a couple of years, with Marina's help, and then meet Lainey and Shawn for coffee in Galícia!
Thanks so much! When you make it to Spain, send us a message!
To apply for a non-lucrative visa I need to provide proof of health insurance in Spain. To get health insurance I need a NIE, but if I am just applying for a visa, I do not have NIE, so how do I solve that catch 22?
You do not need a NIE to get health insurance. We made a health insurance FAQ here: th-cam.com/video/daghk7ArAa0/w-d-xo.htmlsi=7abJuZPdcOO2XoSy
How to convert NLV vis to something visa that allow me to run business in Spain?
You mentioned the cover letter, what exactly did you need to put on the cover letter? Was it like an index of all the documents included?
Our cover letter was more of a simple statement of intent. Who we were, why we were moving to Spain and how we weren’t planning to work while on the NLV.
@@DaysWeSpend thank you. Your info has been very helpful
@@DaysWeSpend one more question and I'll stop bothering you and you can enjoy Spain😉, when you had your docs translated did you have to send the physical copies to Spain or were you able to scan and email what you had?
We had to bring the physical copies to our appointment and the consulate kept them.
@@DaysWeSpend I meant when the docs were translated. Did you email the docs to the translation company? Or did you send the physical documents to the translation company?
I know this was a while ago but does the service include apostille and certification at the Spanish consulate? I might have missed that.
Awesome information, you two! I remember how stressed you were Shawn telling me about this process. I believe you 100% that you’d use her service to help navigate that process. Keep up the good work and congratulations on 10,000+ subs!!!
Thanks, man. It really was a stressful thing. I wish I’d known we could have had help for such a good price. Thanks for checking in bud. You gotta come visit España soon!
I think this is a very helpful process video and Marina is helpful. However, especially retirees need to know the TAX implications for US citizens. Taxes in Spain are on worldwide income, and other assets you have and Spain has a significantly higher taxes than the US. I’ve been looking at moving to Spain for a while and it may not make sense.
Yes, that's definitely something to consider!
That is good to know. Do you know if this because of the USA or Spain, or both? Because I know that USA citizens get taxed on their income wherever they move to.
@@stevenponte6655 We think it's probably Spain. There is a tax treaty between the countries, so there's no double taxes. However, we haven't experienced a tax season yet.
Yes, it is valid question - we have been looking at this visa, however, tax implications (we are from Canada) might be a big deal. Spain has higher taxes than Canada and paying additional 30-35% on top of Canadian tax doesn't make sense.
@@DavidYYC We've been told that the best thing is to get a really good accountant who specializes in this. We're planning on going that route this year.
Thank you for this info! How many hours did you spend going through the process on your own?
Oh wow, we spent somewhere between 50-100 hours. Just making photocopies alone took us hours and hours.
Just found your channel - going to binge watch - was initially drawn in by your videos about toasty (since that's what I want to do when I retire next year) but then saw that you've moved to Spain - I'm also planning to walk the Camino next year; walked the last 100 km in 2018 loved the experience & love Spain so these videos entice me to dream a bit - hummm maybe a possibility - few questions please 1. I will fully qualify for a non lucrative visa but may be thinking of starting a You Tube Channel - is this permitted or is it looked at as a form of working by the Spanish gov? 2. Is it hard to find apartments in Santiago de Comp. ? I loved the vibe of being in a university city but don't know if I'd enjoy relocating there . 3. Are you taking Spanish lessons? 4. What's your actual cost of living monthly?
Thanks
Wow, we have so much in common! You should totally walk the Camino. It’s the best. As for any work questions about the NLV, we’re really not sure since we’re still in our first year. You should book a chat with Marina if you want expert advice about the NLV! Finding an apartment can be tough, but you just need to find a good realtor. We are taking Spanish lessons. Gotta learn! And we might share our budget one of these days in a future video! Thanks so much for watching.
Interesting, so if my husband owns a company here he has to close it down? And we would have to have x amount of money in our account to show like she said for a family of four is like 56 euros so we have to have the equivalent of that in our account? Is that what she is saying? Love the video super informative!
There are many types of Spanish visas. It might be possible for him to still run his company abroad on the Digital Nomad Visa.
Thank you for posting this video and having Marina there as an amazing legal expert. I do have a question about health, if you are in your first year of cancer completed treatments and doing well will they discount that when obtaining the health insurance policy? And as a granddaughter of Spanish Austrian grandparents, I have not been able to successfully find my grandparents birth certificates from the 1890s in the civil ministry of the province of Asturias in the county of Ponga. Will this be helpful in securing my NLV visa in case the medical part is an issue. ?
So happy we could help. Marina is fantastic. Honestly those are super good (and specific!) questions that would be perfect for an expert like Marina to answer. You can schedule a free chat with her with the link in the video to see how that would affect your NLV application. Hope that helps!
Hi, thanks for such a great video unveiling valuable information. Is it possible to apply for NLV Spain if one already holds a temporary residency in another European country..?
We don't have experience with that. We recommend that you reach out to Marina. She'd know the answer to your question.
Is Not having a mortgage a hard stop?
We have three homes. 2 are fully paid. All three are rented and making positive income.
Our passive income is well over the minimum requirement.
It states that one cannot have a mortgage when applying for NLV, is there a waiver process for our 3rd house that is rented? TIA
Apparently, it's possible to get the NLV with a mortgage, but it's very complicated. You'll need to prove sufficient funds to cover the mortgage. We definitely recommend chatting with Marina about this.
So, for US citizens who receive the NLV, are retired and receive a U.S. government/military pension, are there US govt pensions taxed by Spain? I receive a military pension that is nearly double the monetary requirement for the NLV (and also receive Disability compensation from the Veterans Administration), my wife plans to retire from her US federal career in the next 5 years of so.
We recommend talking to an expat tax professional. Everyone's taxes are different and Spain and the USA have a tax treaty so that you are not double taxed.
Hola again. Did you get your resident card for 8 years? Wasnt the first issue for a year only? And renewable for 2 more and then 5 years?
Our TIE is for one year only. When we receive our renewal, the new card will be for 2 years.
If granted an NLV, will I be considered a tax resident if I only live in Spain for 120-150 days per year? (Not really seeking “permanent residency” at this time.) Will need to spend at least ~6 months p/yr in the UK to help with family, elderly parents, look after properties, etc
As far as we know, you can stay less than the tax requirement and you won’t have to pay. If you want residency, this affects your residency status. We’re not sure how staying less than 1/2 a year affects the NLV renewal, that’s something to ask Marina.
Thank you for your information how can someone get working permit visa someone from Nigeria that have family lives in Spain
Hello. I was looking into Digital Nomad Visas here and in neighboring countries, but I have learned that we would be better off applying as retired Americans. Even though I still teach online, it's only part-time. Are you retired? How did you apply as a non-EU for residency? Are you an online teacher here? Your thoughts or advice? Thank you! Dean
We aren't retired, but we're taking a sabbatical and we have some minor passive income streams. We don't have experience with residency (yet). Marina can help you out with all sorts of more specific questions.
Thank you so much for all of this useful information. My husband and I have been looking into moving to Europe, and trying to determine what country (and visa) might be best suited to us. I'm curious to know how come running your TH-cam channel doesn't disqualify your from the NLV visa. It doesn't seem to be an issue and yet Marina clearly states that people on the NLV can't work at all. Are you/we allowed to earn money from TH-cam while on an NLV? Or, for that matter, are we allowed to run any type of content creator business? I ask only because this is something my husband and I are interested in doing. Thank you again for your fun and informative videos. They're incredibly inspiring!
Glad it was helpful. TH-cam income is considered royalties, which is passive income. That's allowed on the NLV.
@@DaysWeSpend Fantastic, thank you!
I’m curious me and family are applying for NLV using savings we have..has your you tube income affected the NLV in any way? We are in a similar situation with an ebook. I consider it passive but who knows.
@@Phbi1377 TH-cam income is considered royalties, which is passive income. Your ebook passive income sounds like it should be fine.
@@Phbi1377 TH-cam is passive income. We also don't earn very much here.
So I understand, can someone move to Spain if they’re going to work remotely/nomad style?
Is every country similar as far as all the paperwork?
Yes, there’s a digital nomad visa for someone working remotely in Spain. Every country has different requirements for their digital nomad visas. Spain’s is very new and the requirements are very specific.
Do I have to submit the passport with the NLV application or just a copy? If yes, does that mean that I can't travel while waiting for the application to be processed, which is around 3 months?
You have to submit your passport with the NLV application. We've heard that some people request to get their passport back so they can travel, but this is rare and varies from consulate to consulate.
Can we still earn money from our own active investments like stocks? While not working anywhere?
Yes. That’s considered passive income and is ok on the NLV.
@@DaysWeSpend that is awesome news. Thanks for the very informative video and reply.
So, I have Hashimoto Disease (thyroid disease) would I not be allowed? It’s controlled by thyroid medicine and eating gluten free.
That’s a good question for an expert. We recommend that you contact Marina. You can also contact some Spanish insurance agents and ask them about coverage.
Question, how do you pay the form 790-052? Did you print out he form filled it and send it with a money order ?
We printed the form, got a money order, and presented both in our consulate appointment.
Great info. Thank you!
really informative thanks guys 🤩
Thank you!
Do I need to apostille my kids' birth certificates and marriage certificates for the Washington DC Spain Consulate, or is it sufficient to have them legalized? And if legalizing is enough, then would that be for the copy or original?
We had our marriage certificate apostilled at the state level. We don't have any experience with birth certificates. If you have lots of questions, we suggest reaching out to Marina. She knows all these answers and more.
Thank you@@DaysWeSpend. I appreciate your videos and help in answering questions regarding this unnecessarily complex process.
@@mekhissi2001 You're welcome!
Is the passive income requirement net after tax or gross income (before tax)?
We think it’s after tax. Just in case, we recommend scheduling a call with Marina. She knows all about this.
Are there any changes to Spain's NLV requirements for 2024??
None that we know of. Make sure to check the IPREM, that usually changes year-to-year.
What does the medial certificate have to prove exactly for a Nlv
It's a simple form that certifies you are in good health. We talk about it in more detail in our other NLV video: th-cam.com/video/3IloCk91eZc/w-d-xo.htmlsi=TvvGnwsJ2IcBZ9P3
As a holder of the Spain Non-Lucrative Visa, you are classified as a tax resident after spending more than 183 days per year in the country. This status implies that you are subject to Spanish taxes on your worldwide income. The tax rate for income, including pensions, starts at 19% for EU residents and 24% for non-EU residents. Tax rates may vary for other forms of income.
Key points:
Tax residency: More than 183 days in Spain per year.
Income tax: Starting at 19% for EU, 24% for non-EU.
Capital gains: A minimum of 19% on worldwide income.
You must file an annual tax return if you meet the tax residency criteria. You may also be liable for wealth tax, depending on your assets and the specific autonomous community where you reside.
NOT ATTRACTIVE.
Thanks for sharing this data. We always recommend talking with a wealth advisor or tax professional before deciding to move to a new country.
When applying in LA, can we mail our application package or do we have to make an appointment to deliver the package? Thanks!
LA requires an appointment. You have to bring all your paperwork to the appointment and they go through it with you. Good luck!
Much easier in SF! Thank you!
Excellent very informative video thank you very much for the effort
Any idea how this would apply for an Australian application for an NLV?
They work with Australians, too. Each consulate is different but the main requirements are all the same. Thanks for watching.
Sir/maam did you apply you NIE before you arrive in spain or did you apply after you arrived there sir?
After we arrived.
Hi, I have two questions that many would also benefit from an answer and few videos talk about:
1. If you are already a permanent resident in Spain and at this point you are just renewing your resident visa every five years, do you still need to have a certain amount of money in the bank to meet IPREM requirements ?? 2nd, if you become a Spain citizen does that still require you to have a certain amount of money in the bank and are yearly taxes incurred with the citizenship perk ?
Awesome questions. Honestly, I'm not sure about the IPREM requirements for permanent residence renewal, but I imagine that you have to meet some minimum requirement. I'd be surprised if you didn't. Citizenship is a whole other thing that we haven't looked into deeply, but my understanding is that once you become a citizen, you're treated like any other Spaniard. You have access to all government programs (like healthcare) and there are no more minimums or requirements to remain. You are Spanish.
If you both did the NLV for Spain, how are you still earning money with affiliate links and your buy me a coffee page? I thought the NLV was retirement visa - meaning 'non-working'.
Affiliates are considered royalty and non-lucrative work.
Nothing on a person from the US and Spanish taxes. I suspect that tax rates are very high....40% or so....how is that an advantage? Without knowing the tax rules, nothing else is important.
There are tax treaties so that you are not paying double tax. Yes, the taxes are higher in Spain but if you do not want to pay the taxes, then there are other places to live.
I have US and Philippine nationalities. Can I apply the non-lucrative visa using my Philippine passport ? I will be applying in the US.
This is a great question for Marina. We're sure she could help you out.
Can I apply for a Non-Lucrative Visa even if my husband does not wish to apply?
This is very helpful!
Happy to help!
What are the Spanish taxes for an American on a pension with a NLV?
We haven’t experienced a tax season yet so we don’t have that information. Marina has tax accountants who can help you with that.
@@DaysWeSpend thanks so much!!
I m from Pakistan i want to take NLV what will be procedure?
We recommend contacting Marina. We don't have any experience with the NLV from your country.
Great advice, thanks
Glad it was helpful!
Does owning a fully paid home (no mortgage), count as financial means to support yourself in Spain? I own a home in Houston and own a business too. Looking to move my family of 3.
Unless you have renters, probably not. We recommend talking to Marina. She can answer all your questions to find the right visa for you.
@@DaysWeSpend yup, will try to contact her today. Thanks!
Dont forget a detailed price description. Dont pay before you find out what you get.
Absolutely. That’s why we like Marina. She’s super transparent about pricing. We spent less doing it ourselves, but the difference wasn’t that much because we made some mistakes with translations and unnecessary documents. It’s always worth talking to a pro if you’re worried or confused about the process.
Thanks for sharing.
I would like to make an appointment with you.
Click the link in the description to contact Marina for a free consultation. She’s great.
What if you have a partner but you are not married?
If you can prove a domestic partnership, then you can apply with combined funds.
Making your own appointment is super easy if you can read and spell.
It depends on the consulate. We had a lot of trouble making our appointment. Glad it was easy for you.
Solid content. Solid info. Thank you!
Glad it was helpful!
Great Presentation! Extremely Helpful and informative- Hope to use them when the time comes to apply.
Thank you! Marina and her team are pros.
@@DaysWeSpend /please keep making your amazing videos/they are truly helpful and inspirational/ My wife and I are looking to move to Spain in about 2 years for retirement and the Galicia area seems very interesting/ Thank you for the helpful tips.🙂
@@teodoroluna8370 Thank you!
If you are a US citizen with no "special" problems it is easy to yourself. Just get your FBI apostile sone first as it may take 3 months to get it back. From the time of submission to approval was 21days.
21 days is really great! For some people it can be fairly straightforward. For others, it's more complicated and they want some help. Thanks for watching.
Is the passive income requirement net after tax or gross income (before tax)?
Sounds like a great question for Marina! Tell her we sent you and she’ll answer your questions in a consultation.