How to apply for a Non-Lucrative visa (NLV) - Page 22

What exactly is an NLV?  Resident prior to BREXIT and in receipt of my TIE.  Signed up with the Padrón and notice needs to be repeated every 5 years.  Have the “Volante” issued by Ayuntamiento that only lasts for 3 months.  If traveling one needs to ensure this document remains valid.  Never heard of this NLV document? Why Would I need it if in receipt of the documents I mentioned.  Thank you.  Sincerely Phillippa.

Its the Non Lucrative Visa, for those of us unfortunate enough not to have been in Spain before the 31st Dec 2020 deadline, in our case because of Covid restrictions! The NLV is mainly aimed at we retirees, not earning, who can prove we can support ourselves, plan to live in Spain for majority of the year, have health insurance. So if you already have your TIE and were resident and registered on the Spanish system, ( not living 'under the radar'), it isn't pertinent to you, lucky you! 

Thank you.  I can assure you it was no mean feat!!  Our popularity with the Spanish has experienced a huge dent post BREXIT!!  It is a Country no stranger to bureaucracy and has always been so.  Of late though I’m sad to report that I have come across an underlying and barely concealed hostility with all things administrative and official.  This is not the norm I might add but I have experienced it.  With respect to the TIE I have to admit to handing over the whole application and documentation required to my Asesoría.   Certainly not the cheaper option by any means - €360 - but worth it to me because at the time I could not handle the stress of it all.  I am full of admiration for all those of you who have dealt with this and the added NLV process you describe.  Well done you. Better still an enormous thank you for your written submission that permits and enables the brave to do it alone and with success. Thank you for your feedback. Sincerely Phillippa.

My overriding Mantra through all this, is : I will NOT allow people, my own country folk, to dictate to me where I can and cannot live! Just bought a static in El Pinos, have indeed hired a solicitor to take us through the NIE, then Padron, applications, don't want to mess it all up! Happy sunny days :) 

Myself and my wife have just successfully acquired our NLV's and will be arriving in Spain on January the 3rd. For what its worth my take on the impact of Brexit will be felt more by future generations looking to live abroad particularly Europe. We have been fortunate enough to fill the criteria for residency, but with the financial impact involved with the process its going to put a lot of people off. Apparently Alicante local Govt have been lobbying the Spanish Gov to extend the 90 day rule to be increased 180, although i'm not sure that will be good enough to encourage more permanent residence?  

Congratulations! I absolutely agree, the Erasmus scheme is now dead, the youngsters who wanted to study whilst travelling abroad can no longer do so unless Daddy is pretty rich, and so on. We also are very lucky after a lifetime of work and being careful with our money, to hopefully gain the NLV. I would have expected to pay for private health  insurance anyhow, it seems fairly essential. Lest we start a political war, I shall just keep quiet! 

Thanks this seems very useful if I get stuck I’ll ask for hel

Good afternoon all.Could anyone who has successfully received their NLV, answer a question please. Does the proof of your  money have to be  in a Spanish bank account at the time of your application or could it be still sat in my English account waiting to be transferred should our applications be successful ?

We had money in our Sabadell account and while we were over there in September i went to a Sabadell in the local village and asked them to print a 6 month statement and stamp it, i didn't have to ask t as the lady there just stamped it.

We had money in our British current and savings bank account and asked them for the same thing for the last 6 months. This was all good until we discovered our savings account was just in my name which wasn't acceptable, so had to make an appointment to get it changed to a joint account.

We also took our NHS pension statements from the last 12 months, but the Spanish Consulate said they were not required?

We also took our life insurance policy and the deeds to our property in Spain, but again they said they were not necessary? Basically we took everything we could think of financially.   

So in the answer to your question, no the money can be wherever it is, but you do need proof of the funds.. 

Yes for just one. On that basis your price is good, just ensure you see a full copy of the policy before you sign up to ensure you understand any exclusions etc. also check on the elements that don’t kick in immediately .  Sorry just noticed I didn’t submit my response.

Re the NLV question, I did not provide anything from my Spanish account, and there is no requirement to move Money to Spain.  When I took early retirement, I invested my pension pot and it is under management by a third party.  Based on this, I obtained a full portfolio report and confirmation that funds are available to me within 14 days. As an extra, I did provide bank statements from my U.K. accounts - current and savings though they were not actually required.