How does owning a home affect your chances of getting approved when applying for a non lucrative Spain visa from the United States?

Last Updated on March 18, 2026 by Bruno Bianchi

Question

When applying for a non lucrative Spain visa from the states. How does owning a home effect your chances of getting approved? Also, would I have to pay Spanish taxes on it while living in Spain?

Answers

These are the answers of some Facebook group members:

“Intricate question, because some consulates will not approve an non lucrative Spain visa application if you have a mortgage (Los Angeles) and some will. On top of that, most of Spain has a wealth tax. You’re better off gathering specific questions and asking a Spanish immigration expert.”

“My understanding is that, If you become a tax resident in Spain (after 183 days in Spain), you will need to declare/inform assets abroad if their value exceed €50.000 (Form 720). Also, there’s wealth tax, starting from €700.000 in assets. I am not a financial/tax advisor, but if you’d like professional tax advise, I recommend you having a consultation recommended tax experts here: https://spainguru.es/consultations-immigration-tax/“

“Don’t you just love Spain – not only is every countries rules different – every consulate within those countries are different too”

In conclusion, according to Spainguru’s Facebook group members, the impact of owning a home on your chances of getting approved for a non lucrative Spain visa when applying from the United States can vary depending on the consulate and region. Some consulates may consider factors such as mortgage status, while others may not. Additionally, it’s important to note that if you become a tax resident in Spain, you may be required to declare assets abroad and potentially pay Spanish taxes, particularly if your assets exceed certain thresholds. However, the specifics of taxation can be complex and may vary by region, so seeking advice from a Spanish immigration and tax expert is advisable to ensure accurate information tailored to your situation. Spain’s immigration and tax regulations can differ from one region to another, adding another layer of complexity to the process.

Bruno Bianchi CEO & Spain Immigration Expert

Bruno Bianchi is the founder and CEO of Spainguru, Spain's largest expat immigration community with 150,000+ members. Since 2014 he has helped thousands of people relocate to Spain through expert guides, webinars and vetted professional services covering visas, residency, taxes and life in Spain.

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