If you’re a non-EU citizen and you’re looking for a visa that allows you to live in Spain for a long term without working in the country, the non-lucrative—often referred to as the retirement visa— is the ideal option for you.
This visa is designed for individuals who wish to reside in Spain for personal enjoyment and travel throughout the Schengen Area, without engaging in any professional activity within the country.
The permit allows you to live in Spain for an extended period, usually up to one year, after this time you will need to renew your visa. The next two renewals are for two years each and after five years, you can apply for Spanish permanent residency.
Benidorm in Alicante is one of the most sought after destinations in Spain
Important Requirements
1. Proof of Sufficient Financial Means
You must demonstrate that you have adequate economic resources to support yourself (and any dependents) without the need to work while in Spain.
Minimum Income Required (2025)
- €2,400/month for the main applicant (equivalent to 400% of the IPREM).
- €600/month for each dependent (equivalent to 100% of the IPREM).
Accepted proof of income/funds
- Bank statements from the last 6–12 months showing a consistent balance.
- Proof of pensions, rental income, dividends, or other passive income.
- Investments or fixed deposits.
2. Private Health Insurance, where we can help you
For a private health insurance the following apply:
- Issued by an authorized insurance company operating in Spain.
- Offers full medical coverage, equivalent to the Spanish public healthcare system.
- No co-payments or deductibles.
- Must cover 100% of medical, hospitalization, and emergency expenses.
- Valid for at least one year (initial visa duration).
Note! No travel insurances with medical assistance coverage will be accepted.
3. National Visa Application form
The visa application must be completed and signed, filling in each section
Important: Visa requirements may vary depending on your nationality, personal situation, and the consulate handling your application. For personalized advice, we strongly recommend speaking to a Spanish immigration lawyer.
Cogesa Expats: Your Trusted Insurance Broker for the Spanish Non-Lucrative Visa
At Cogesa Expats, we specialize in providing visa-compliant private health insurance for expats moving to Spain. We make the process easy and secure, offering:
- Online process — get insured before you even arrive in Spain.
- No copayments and full national coverage.
- No copayments and full national coverage.
- A certificate for your visa application.
- Personalized support in English and other languages such as Italian, Dutch, Swedish and Bulgarian.
Plan Your Move with Confidence
Thousands of expats choose Spain every year for its lifestyle, safety, healthcare and weather. The Non-Lucrative Visa is a getaway to making this dream a reality.
Let Cogesa Expats be part of your journey, we’ll handle the insurance so you can focus on starting your new life in Spain.
If you need more information about your particular situation and would like to get a free quote for your medical insurance in Spain in connection with your visa application let us know by contacting our team of experts or filling the form below.
FAQ about the Non-Lucrative Visa and Healthcare Insurance in Spain
1. What is the Non-Lucrative Visa for Spain?
It is a residence permit that allows non-EU citizens to live in Spain without working. It is ideal for retirees and individuals with passive income.
2. Is private health insurance required for this visa?
Yes. The Spanish authorities require applicants to have private health insurance with no co-payments and full coverage equivalent to the public healthcare system.
3. Does Cogesa Expats offer insurance policies that meet these requirements?
Absolutely. At Cogesa Expats Insurance Brokerage, we provide insurance plans that comply with Spanish immigration requirements.
4. How long should the insurance coverage last?
The policy must generally cover at least one full year, renewable if you wish to extend your residency.
5. I already have international health insurance. Will that be accepted?
Not always, it depends. Many international plans do not meet the specific standards required by Spanish consulates. We can help you assess this, and if needed, provide a compliant policy.
6. Can I purchase the insurance from my home country before traveling to Spain?
Yes. We offer a fully online process, so you can purchase the policy and receive your certificate before your arrival in Spain.
