After Brexit and the transition period has ended
Super helpful member
This is what Britons wishing to move here after Brexit and the transition period has ended, will face when applying for a visa as a Third Country National (not Spanish and not a EU country national).
In particular note the financial requirements. Only the wealthy will be able to take advantage.
Non-lucrative residence permit holders are usually faced with the following three issues when it comes to renewing. It can lead to refusal and consequently means returning to your home country, even losing the period of residence that you had in Spain.
The first one is that you did not remain in Spain, as this permit is cancelled when staying outside of Spain for more than six months in a period of one year.
The second issue you may face is the financial means. The initial permit granted is for a period of one year, and the financial means that have to be demonstrated are for that period only, however the renewals (renewal is required on two occasions) have a validity of two years, which means you will need to show sufficient funds for that entire period. An applicant, without additional family members, must prove 25816 euros or its equivalent in the foreign legal currency the first time. When renewing, they will be asked to prove 51633 euros or its equivalent in foreign legal currency.
The final issue when it comes to renewing residency is, if the applicant hasn’t schooled their minors (if they are of compulsory school age) during their stay in Spain. This will lead to refusal.
Other checks carried out by the Spanish Foreigners Office for the renewal of the permit are the foreign national’s integration efforts, criminal records and compliance with tax (payment of taxes, fees, fines, etc.) and their Social Security obligations. In the event of non-payment, the residence permit may be refused.
Chris