If you’re a non-EU citizen and have been living in Spain for nearly five years, you may not be aware of the different residency options available to secure your status. Many expats don’t realise they can apply for Long-Term Residency or EU Long-Term Residency, each offering unique advantages.
Why is this important?
Both residency options provide stability and security in Spain—and beyond, in the case of EU Long-Term Residency. Once granted, you gain the right to live in Spain indefinitely, with the only requirement being renewal every five years. However, it’s essential to understand the differences between the two.
Key Differences:
- Mobility within the EU:
o EU Long-Term Residency allows easier relocation to other EU countries, simplifying the process of obtaining residency there.
o Long-Term Residency is only valid within Spain, so moving to another EU country would require starting a new residency process. - Financial Proof:
o EU Long-Term Residency requires proof of stable income, typically 150% of the Spanish IPREM (Public Indicator of Multiple Effects Income).
o Long-Term Residency does not require proof of financial resources at the time of application, making it simpler for those without consistent income. - Healthcare Requirements:
o For EU Long-Term Residency, non-employed applicants must provide private health insurance. Those employed and contributing to Social Security are already covered.
o Long-Term Residency does not have the same healthcare insurance requirement.
Who should apply for which option?
• Long-Term Residency is often the easiest and most suitable option if you plan to stay in Spain indefinitely.
• EU Long-Term Residency is ideal if you foresee living or working in another EU country, despite its additional requirements for income and healthcare proof.
Example:
Suppose you are British and have legally resided in Spain for five years. If you plan to stay in Spain, Long-Term Residency is likely the best option. However, if you’re considering a move to another EU country, such as France or Germany, EU Long-Term Residency would simplify the process of relocating.
Need help deciding?
At Salvador Tax & Legal, we specialise in residency applications and can provide expert advice tailored to your specific situation. Contact us today to discuss your options!
Thanks for the “heads up” in this subject. We have been here in Spain for 23 years now, we have been residents (old green card) for many years but every time we visit UK and produce passport and Green card at the airport we are told it is no longer valid and get the passport stamp applied, they won’t even LOOK at the green card? Do we need to apply for this new system? Very confused, it all started with Brexit
Dear Jim, well this happens very often. You are not obliged to change to a TIE card but its very useful to have it as you show your identity. The TIE has got your photo and fingerprint. In theory at the airport showing your green card and passport, you should bot be stamped as this is for holiday makers. In any case, we recommend to exchange
Thank you for sending the information regarding taking up Long Term Spanish Residency after years 4 & 5.
You mention there is no requirement to prove your income as we have had to do for years 1 to 5, are there any exceptions to this please?
Many Thanks
Colin
Hello, no. If you have 5 years of residence and apply for the normal permanent residence, you dont need to show proof of income. If you need further assistance, you can contact us.