Reviewed by Jane Katkova, Founder & Licensed CICC ConsultantKey points
- The main applicant shows about €28,800 a year of passive income, 400% of IPREM.
- Each dependant adds €7,200 a year to the income requirement.
- Holders may not work and must spend 183 or more days a year in Spain.
- Long-term residence follows after five years of continuous legal residence.
Non-lucrative visa income thresholds
The non-lucrative visa is for applicants who can support themselves without working in Spain. The financial test is:
- Main applicant: about €28,800 a year of passive income, set at 400% of IPREM.
- Each dependant: a further €7,200 a year.
Private health insurance is required and work is not permitted.
Stay requirement and tax residence
Holders must spend 183 or more days a year in Spain. This is a visa for people who are relocating, not a passive permit. Americans and Canadians apply at the Spanish consulate for their state or province and should expect to become Spanish tax resident. US citizens keep filing US returns, and Canadians who leave Canada for good should plan for departure tax.
Long-term residence and citizenship
Long-term residence, which is permanent and needs no language test, comes after five years of continuous legal residence. Citizenship follows after ten years, with an A2 Spanish exam, the CCSE civics test, a clean record and a declaration renouncing your previous nationality. Nationals of Ibero-American countries qualify after two years.
Applicants with remote employment income can consider the digital nomad visa instead, at about €2,849 a month. All current routes are compared on our Spain residence options page. If you have passive income but do not plan to move, Portugal's golden visa needs only seven days a year in the country; our Portugal residence permits overview explains it alongside the D7 passive-income visa. To match your income to the right visa, book a consultation with us.
People also ask
Is the Spain golden visa still available to new applicants in 2026?
No. Organic Law 1/2025 abolished the Spain golden visa with effect from 3 April 2025, and no new investor residence applications have been accepted since. There is no replacement programme. Permits granted before that date stay valid and renew under the old rules as long as the qualifying investment is kept.
How long does it take to get Portuguese citizenship through residence?
Ten years of legal residence, counted from your first residence card, under the Nationality Law in force since 19 May 2026. EU and CPLP nationals qualify after seven years. You also need A2 Portuguese and a clean record. Applications lodged before 19 May 2026 follow the old five-year rule.
Can you still get a Portugal golden visa by buying property?
No. Real estate and real-estate funds were removed from the Portugal golden visa on 7 October 2023. The routes in 2026 are a €500,000 CMVM-registered fund, €500,000 in research, a €250,000 cultural donation (€200,000 in low-density areas) and company or job-creation routes. You may buy a home, but it will not count.
How much does the Greece golden visa cost in 2026?
From €250,000 for an approved commercial-to-residential conversion or listed-building restoration, €400,000 for a standard home in most of Greece, and €800,000 in Attica, Thessaloniki, Mykonos, Santorini and islands with more than 3,100 residents. Add about 3.09% transfer tax, 3–4% notary and legal fees, and about €2,000 state fee per adult.
Can you rent out a Greece golden visa property on Airbnb?
No. Long-term lets are allowed, but short-term rental on Airbnb-style platforms is banned for Greece golden visa property. The fine is €50,000 and the residence permit can be revoked. Plan your yield on annual tenancies, not tourist lets, and expect a Greek property tax bill (ENFIA) plus tax on any Greek rental income.