1. Can I obtain a non-profit residence visa or a visa for retirees?
Yes, the non-profit residence visa is common for retirees who wish to live in Spain without working, as long as they can demonstrate economic solvency.
2. What are the minimum financial requirements to obtain the visa?
For the year 2025, it is required to demonstrate an income or savings of approximately €2,400 per month for the applicant, and an additional €600 for each accompanying family member.
3. Do I need private health insurance or can I access public health care?
Pensioners from outside the EU must have private health insurance when applying for a visa. After residing in Spain, they may choose to pay Social Security or continue with private insurance.
4. How are pensions taxed in Spain for expatriates?
Public pensions are usually taxed in the country of origin, but private pensions may be taxed in Spain, depending on the double taxation agreement between the two countries.
If you have any further questions regarding how to take out specific insurance for foreign residents in Spain, please do not hesitate to contact our team of specialists. We speak your language.