Question
I have a question about the golden visa. When you apply for it while in Spain, the visa is for 2 years, then it can be renewed for 5 years. When you first apply, you have to show you have enough funds to support yourself during the initial 2 year visa (56,000 euro). When you apply to renew the visa do you have to show you have enough funds for all 5 years (140,000 euro)?
Answers
These are the answers of some Facebook group members:
“No, funds are always just the 400% iprem plus however many family members”
“Rules are the same as the non lucrative Spain visa.”
“I renewed mine exactly 12 months ago. My lawyer said I needed to show 51.632€ on the account. It doesn’t need to be on a Spanish account as long as it’s under your name. Hope this helps.”
“Yes, you would have to continue to demonstrate that you have the property that you invested in, and the financial resourses, and the private health cover.”
Check Spainguru’s article: How much money do I have to show when I renew my Spanish Non-lucrative Visa in 2023
