This permit will allow you to say in Spain for one year after entering Spanish territory, as we are talking about an initial residence authorisation.
Then, you will be able to renew it every 2 years until you get the permanent residency (after 5 years in the country).
One of its main characteristics is that it does NOT allow you to carry out any type of economic or professional activity in Spain. In other words, you cannot work for any company operating in the country. It has a non-profit nature.
Nevertheless, you do NOT need to invest in the country to obtain a visa. This, apart from another few requirements, makes it an easy visa to acquire and process.
With the nonprofit visa, the only thing you have to worry about is having sufficient means to support yourself (and your family). If you can prove that you have sufficient funds and that your stay in the country will not cost the government anything, you will be able to get residency.
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Cover Photo: Health Plan Spain
