Hi Kelvin,
Thanks for pulling these sources together.
Just to point out that the financial requirements stated for the Non-Lucrative Visa/Residence Permit are now out of date. Spain increased its IPREM in 2021, so the correct figures in Euros (or equivalent amount in other currencies) are now:
SPAIN
IPREM 2021:
1st Person 4 x IPREM per annum Eu
27,115.20
(Eu 569.40 per week)
1st Dependant 1 x IPREM per annum Eu
6,778.80
Per couple per annum Eu
33,894.00
There are a number of different types of Visa available to UK and other Third Country Nationals, the Non-Lucrative being the most popular so far, as that's the one which pensioners and early retirees are likely to need. Having made the application for the Non-Lucrative Visa at a Spanish Embassy/Consulate in the UK (London, Manchester or Edinburgh), if granted, it lasts 3 months and 15 days, during which time it's anticipated that applicants will progress their application for the Non-Lucrative Residence Permit (which has to be started within 1 month of arriving in Spain).
The initial permit lasts 1 year, for which applicants will need to prove the financial requirements above. At expiry, a Residence Permit renewal of 2 years (and therefore 2 x the 'per annum' figures above) will also need to be proved. Similarly, a further renewal lasting 2 years with proof of these financials will have to be submitted, following which the applicant will have achieved 5 years' "Residencia Permanente" and no further permits will be required.
The one thing I haven't been able to establish is whether a first year application made with proof of the above financials means that the 2 subsequent renewals will require proof of 2021 IPREM multiples, or whether these requirements will continue to increase for each renewal, in line with any further increase in Spain's IPREM in the intervening years. My personal opinion is that the latter is most likely.
Kind regards,
Kim