Spain Non Lucrative Visa Renewal: Is Proof of Funds in a Spanish Bank Account Required?

Question

Has anyone in Barcelona been asked to have proof of funds in Spain when renewing their Spain non lucrative visa?

Answers

These are the answers of Spainguru’s Facebook group members:

“I provided a translated copy of my UK statement.”

“I think you have to in any part of Spain.”

“I had to move money from UK account to Spanish account for 2/3 renewal (Canaries).”

“According to my gestor, they wanted to see cash in a Spanish account (even though I transfer funds into it every month from my pension); no amount was mentioned, so to be on the safe side, I transferred enough for 2/3.”

Spain Non Lucrative Visa Renewal: Is Proof of Funds in a Spanish Bank Account Required?

Conclusion

Renewing a Spain Non Lucrative Visa (NLV) requires demonstrating sufficient financial means. The specific requirements can vary by region and even by individual immigration offices.

Some applicants have successfully renewed their NLV using foreign bank statements, while others have been asked to show funds in a Spanish bank account.

For instance, one applicant in the Canary Islands was advised to transfer funds from a UK account to a Spanish account for the second and third-year renewal. Another applicant provided translated UK bank statements without issues.

These experiences suggest that while some regions may accept foreign bank statements, others might prefer or require proof of funds within Spain.

To ensure a smooth renewal process, it’s advisable to consult with local authorities or legal experts familiar with the specific requirements of your region.

Opening a Spanish bank account and maintaining the required funds there can provide added assurance and potentially simplify the renewal process.

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Make sure to join our dedicated Spanish Non Lucrative Visa group here!