No Golden Visa? No Problem — Here Are the Best Alternatives to Live in Spain

 

Spain has long been a magnet for foreigners dreaming of sun-soaked beaches, rich culture, and a relaxed lifestyle. For years, the famous Golden Visa—a residency permit granted to those investing at least €500,000 in Spanish real estate—was a popular route. But with growing political pressure and a changing economic landscape, the Golden Visa is no longer the go-to option it once was.

So, what are the alternatives if you want to live in Spain without buying half a million euros’ worth of property? Good news: there are several attractive paths, depending on your situation and goals. Let’s break them down.

1. The Digital Nomad Visa – Work Remotely from Paradise

One of the most exciting new options is Spain’s Digital Nomad Visa, introduced in 2023. If you work remotely for a non-Spanish company (as a freelancer or employee), you can apply to live legally in Spain while working online.

Requirements:

Proof of remote income (around €2,300/month minimum)
Work for a non-Spanish company or clients
Private health insurance
Clean criminal record

It’s perfect if you’re a remote worker, tech professional, or creative who wants to swap grey skies for Mediterranean sunsets.

2. The Entrepreneur Visa (D2) – Build Your Business in Spain

If you have a business idea—or already run a small business—you can apply for the D2 visa. Spain supports foreign entrepreneurs who want to bring value to the local economy.

Highlights:

Doesn’t require a huge investment
You’ll need a solid business plan
Can be used by freelancers, startups, or small business owners

It’s a more flexible and affordable option than the Golden Visa, especially for independent professionals.

 

3. The Non-Lucrative Visa – Ideal for Retirees or the Financially Independent

This visa is for people who don’t need to work in Spain because they already have income from abroad (pensions, savings, investments).

You’ll need:

Proof of sufficient income (~€2,400/month + extra for dependents)
Private health insurance
No work allowed (though some people later switch visas)

It’s very popular among retirees, especially from the UK and US.