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VISAS

LISTED: The visa options Americans can apply for to live in Spain

Moving to Spain is a dream for many US nationals who have fallen in love with the country, but which Spanish residency visa should Americans opt for depending on their circumstances?

visa options americans spain
Whether it's to work or to retire, study or invest, here are the Spanish residency visas Americans can apply for. Photo: Kath Blake/Pexels

It can be quite confusing for Americans who want to move to Spain as there as several different visa options available and a whole raft of requirements in order to be eligible for them. 

US nationals don’t have the automatic right to get a job in Spain or anywhere else in the EU because of their status as third-country nationals within Europe’s single market, but thankfully some visas will allow you to work here. 

Digital nomad visa (DNV)

Spain’s digital nomad visa was introduced at the beginning of 2023 and enables non-EU nationals like Americans to live in Spain if they have a remote job or are self-employed. It’s referred to as visado de teletrabajador de carácter internacional on most of the official websites in Spain and can be applied for either from the consulate in your home country or while here as a tourist. 

You can get the visa as long as you meet a list of requirements including proof of earnings, permission from your employer to work from Spain, having held your position or worked for your client for more than three months, and that the company you work for has been in existence for more than one year. You also cannot earn more than 20 percent of your income from Spain.

READ ALSO: What are the pros and cons of Spain’s digital nomad visa?

Non-lucrative visa (NLV)

Spain’s non-lucrative visa is ideal for retirees who want to spend an extended period of time or live in Spain. It’s also great for individuals or families who want to spend a year in Spain for example. As the name suggests, you cannot work on the non-lucrative visa.

In order to be eligible you have to prove you have sufficient savings or that you earn money from passive income such as renting out your property abroad. You can also bring family members with you, but must prove you have extra funds to support them and have private health insurance. 

READ ALSO: What are the pros and cons of Spain’s non-lucrative visa?

Golden visa

Spain’s golden visa, sometimes referred to as an investor visa, allows non-EU citizens such as Americans the right to live in Spain if they meet several requirements. These include buying a property worth over €500,000, investing €1 million in a Spanish company or having €1 million in a Spanish bank account.

The visa allows you to bring family members and also allows you to work. The golden visa is only valid for one year, however, you can exchange it for a residence permit, valid for a further two years once you’re in Spain.

Be aware that this type of visa may not be available for much longer. Many EU countries have already scrapped their versions of the golden visa and the Spanish government’s junior coalition partner Sumar has voiced its intention of getting rid of it here too.

READ ALSO: How Spain plans to toughen conditions for its golden visa

Student visa

In order to apply for a student visa to come and live and study in Spain, you will need to be accepted onto a course that lasts longer than three months. You also need to prove that you have sufficient funds to support yourself and that you have private health insurance. There is no age limit and you can apply either from your home country or within Spain.

The visa also allows you to work up to 30 hours a week and bring family members to live with you. Family members do not have the right to work, however, so you must prove you have extra funds to support them too.

READ ALSO: What are the pros and cons of Spain’s student visa?

Work permit as an employee (por cuenta ajena)

In order to be considered for a job as a non-EU national, in the majority of cases the position must be on Spain’s shortage occupation list.

The latest 12-page list published by Spanish employment agency SEPE is downloadable here, but overall the type of positions advertised are 95 percent in the maritime and shipping industry (from naval mechanics to ferry staff, chefs and waiters), as well as sports coaches.

In all fairness, it’s a pretty limited and disheartening list for the majority of American professionals interested in a move to Spain, but it is usually updated every quarter so there could be new positions opening. 

If you have found a job offer that you’re suitable for, you must start your application from the Spanish consulate in the US or the country in which you live. You cannot for example apply while you’re here on holiday.

Work permit for English teaching or au-pair

Teaching English is a job that many anglophones in Spain take up as native teachers are very much sought after and the pay isn’t too bad either.

The most common work permit used by non-EU English speakers who have completed a TEFL or CELTA certificate (to teach English as a foreign language) is in fact the student visa, which allows them to study at a recognised institution while teaching English on the side.

There is also the ‘Auxiliares de Conversación’ Programme which is run by the Spanish government and sees people United States, Canada, New Zealand and Australia recruited to be English language assistants in Spanish schools. 

In terms of au-pair work in Spain for Americans, there is a specific one-year visa they can apply for at the Spanish embassy or their closest consulate in the US. Applicants must be aged 17 to 30, and have an au pair agreement with a Spanish host family stating salary and conditions as well as proof of sufficient finances and private health cover.

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VISAS

When will Spain’s golden visa scheme officially end?

Last April, Spain's PM said he would axe the golden visa through real estate investment, but no law has come into force yet. The government's coalition partner has now called for it to happen "immediately", so when will the scheme actually end?

When will Spain's golden visa scheme officially end?

On April 8th 2024, Spanish Prime Minister Pedro Sánchez announced his plans to get rid of the golden visa scheme which grants non-EU nationals residency in Spain when they buy real estate worth €500,000. 

“We are going to begin the procedure to eliminate the granting of the so-called golden visa, which allows access to Spanish residency when more than half a million euros are invested in real estate,” Sánchez told journalists in Seville.

READ ALSO: What the end of Spain’s golden visa means for foreigners

The golden visa is also available to those who invested €1 million in shares in Spanish companies, or €2 million in government bonds, or transferred €1 million to a Spanish bank account. These golden visa options will be kept in place.

It is thought that the government has made this decision regarding the golden visa through real estate as a response to increasing pressure due to the current housing crisis in Spain, and due to a spike in applications in the last two years. But some experts argue that it’s simply a political move. 

ANALYSIS: Is Spain’s decision to axe golden visa about housing or politics?

So when will the golden visas officially be axed and can you still apply for them in the meantime?

The truth is that no one knows exactly when the scheme will end because the government has not announced a date and the legislative change has not been published in the BOE state bulletin, and therefore is not yet in force.

Despite the big announcement by Sánchez and the international attention the news garnered, so far the Spanish Cabinet has only analysed a report studying the modification of the law that gives wealthy foreigners the chance to obtain residency without the commitments of residency (time spent in Spain, tax etc).

However, on Tuesday May 14th the government’s junior coalition partner, hard-left party Sumar, announced that they wanted to speed the process up and get the modification of the golden visa conditions as soon as possible through Spain’s different legislative branches.

Sumar spokesperson Íñigo Errejón told journalists his party has now registered an official bill proposal to eliminate the golden visa.

“The PSOE announced a study into the golden visa. Presenting a study is good, but presenting a law is better,” Errejón argued.

These visas are a privilege that must be scrapped “immediately” because they have an inflationary effect on the housing market, he stated, adding that other countries such as Ireland, Portugal and Greece have already taken similar measures in order to not become “tourist colonies” or “money laundering” locations.

On average, draft bills take an average of five months to make their way through from the Spanish Cabinet to the Parliament, Senate, Parliament again and their eventual approval after publication in the state bulletin. 

Jesús Ruiz Ballesteros, economist and managing partner of Ruiz Ballesteros Abogados, a firm specialising in Spanish visas, has said that the news of the elimination of the golden visa has generated legal uncertainty for both investors and professionals, leading to a flood of enquiries.

“People ask why it hasn’t been withdrawn yet and they want to know if they still have time to apply for it,” he explained.

The cancellation of the residence permit has not yet been approved nor has it been published in the Official State Gazette, “therefore it is still valid”. 

The lawyer has criticised the government for not being clear and announcing an end date, a similar sentiment echoed by lawyer Miguel Manzanares, CEO of Manzanares Lawyers in Marbella, in conversation with Join Sean Woolley, Managing Director of Cloud Nine Spain.

“We know very little right now, it was really a very brief announcement by the Prime Minister and the Spanish Cabinet. 

“We don’t know what’s going to happen with the other golden visa avenues or how the law is going to be regulated…the small print, the conditions”.

“It will happen, it’s been decided by the Council of Ministers,” Manzanares argued when asked if there was any way the Spanish government could backtrack, but stressed that “we don’t have the answers” with regards to whether people can still apply for the golden visa or if those who already have it can renew. 

INTERVIEW: ‘There are three main alternatives to Spain’s golden visa’

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