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Spain Non-lucrative visa vs Italy Elective residence

Two retirement and savings routes side by side: money, stay, family, fees and tax, from the official sources. The official authority decides every application.

Spain Non-lucrative visa and Italy Elective residence compared
Country1Non-lucrative visa
Spain
2Elective residence
Italy
Type1Non-lucrative visa
Retire or live on savings
2Elective residence
Retire or live on savings
Money needed1Non-lucrative visa
Needs income of €2,400+ a month ≈ $2,680
2Elective residence
Needs income of €31k+ a year ≈ $35k
First stay1Non-lucrative visa
1 yr
2Elective residence
Renewal1Non-lucrative visa
Renewable
Details

The initial authorization lasts one year; renewals last two years and must be requested in the two months before expiry.

Boletín Oficial del EstadoMinistry of Inclusion, Social Security and Migration

2Elective residence
Renewable
Details

Request renewal at least 90 days before the permit expires; the Questura checks that the original conditions still apply.

Normattiva

Spouse can work1Non-lucrative visa
Can't work
2Elective residence
Can't work
Work1Non-lucrative visa
No
Details

No work or professional activity in Spain; the authorization is for living on your own means.

2Elective residence
No
Details

No work activity is allowed.

Government fees1Non-lucrative visa
€90 ≈ $100 · $13
Details
  • €90 ≈ $100

    National long-stay visa (type D) processing fee, collected in euros or local currency; some nationalities pay a different amount under reciprocity.

  • $13

    Residence permit fee (form 790-052) paid with the visa application at the Spanish consulate in Washington; the consulate revises it quarterly.

2Elective residence
€116 ≈ $130 · €30.46 ≈ $34
Details
  • €116 ≈ $130

    National long-stay visa (type D) fee for work and family reasons, payable in local currency at the consular exchange rate.

  • €30.46 ≈ $34

    Cost of the electronic residence permit card for a permit longer than 90 days; a contribution of EUR 40, (≈ $45) 50 or 100 depending on permit duration or type and a EUR 16 (≈ $18) tax stamp are also payable.

Permanent residence1Non-lucrative visa
After 5 years of residence
Details

Long-term residence needs five years of continuous legal residence; absences of up to 6 consecutive months (10 in total, or 18 for work) do not break continuity.

Boletín Oficial del Estado

2Elective residence
After 5 years of residence
Details

The EU long-term residence permit needs five years on a valid residence permit, income at least the annual social allowance, and an Italian language test; it is issued within 90 days.

Normattiva

Citizenship1Non-lucrative visa
After 10 years of residence
Details

Nationality needs 10 years of legal, continuous residence immediately before applying (2 years for nationals of Ibero-American countries, Andorra, the Philippines, Equatorial Guinea and Portugal), plus good conduct and integration.

Agencia Estatal Boletín Oficial del Estado

2Elective residence
After 10 years of residence
Details

Naturalisation needs 10 years of legal residence (4 years for EU citizens) and Italian at level B1 or above.

Ministero dell'InternoNormattiva

Processing1Non-lucrative visa
Official timeline
Details

The authority must decide within one month of receiving the consulate's communication (silence means refusal); renewals within three months (silence means approval).

Boletín Oficial del EstadoMinistry of Inclusion, Social Security and Migration

2Elective residence
Up to 90 days
Details

A residence permit must be issued, renewed or converted within 90 days of the application when requirements are met (Art. 5(9)).

Normattiva

Where to apply1Non-lucrative visa
From abroad
Details

Apply at the Spanish consulate; the visa request includes the residence authorization request.

Ministry of Inclusion, Social Security and MigrationBoletín Oficial del Estado

2Elective residence
From abroad
Details

Apply in person at the Italian consulate for the national long-stay visa, then request the permit at the Questura.

Consulate General of Italy in BostonConsulate General of Italy in New York

Employer needed1Non-lucrative visa
No
2Elective residence
No
Tax residence test1Non-lucrative visa
More than 183 days (calendar year)
2Elective residence
At least 183 days (tax year (184 days in leap years))
Foreign-source income1Non-lucrative visa
Residents are taxed on worldwide income, including foreign-source income.
2Elective residence
Flat lump sum EUR 300,000
Details

Optional annual lump sum replacing Italian tax on foreign-source income: EUR300,000 (≈ $335,000) for people transferring residence from 1 January 2026 (Law 199/2025), EUR200,000 (≈ $223,000) for transfers between 11 August 2024 and 31 December 2025, EUR100,000 (≈ $112,000) for earlier transfers; the effect ends after fifteen years.

Tax note1Non-lucrative visa
2Elective residence
Official source1Non-lucrative visa2Elective residence
Checked against official sources1Non-lucrative visa
First checked
2Elective residence

≈ USD figures are approximate: daily reference rates from ExchangeRate-API, dated 12 Oct 2026, refreshed when the site is updated.

Official sources

Spain Non-lucrative visa

  1. Non-lucrative residence visa · Ministry of Foreign Affairs, Spain · checked 2026-10-10
  2. Sheet 6 - Initial authorization of non-lucrative temporary residence · Ministry of Inclusion, Social Security and Migration · checked 2026-10-10
  3. Real Decreto 1155/2024, Regulation of Ley Orgánica 4/2000: consolidated text (in force 20 May 2025) · Boletín Oficial del Estado · checked 2026-10-10
  4. Monthly and annual values of SMI and IPREM 2026 · Public Employment Service (SEPE) · checked 2026-10-10
  5. Orden AUC/891/2024 setting the fees for processing visas · Official State Gazette (BOE) · checked 2026-10-11
  6. Código Civil, Art. 22 (Spanish nationality by residence) · Agencia Estatal Boletín Oficial del Estado · checked 2026-10-11

Italy Elective residence

  1. Elective residency visa · Consulate General of Italy in Boston (MAECI) · checked 2026-10-10
  2. Elective residency · Consulate General of Italy in New York (MAECI) · checked 2026-10-10
  3. The visa for Italy: long-stay visa types (investors, self-employment, subordinate work, elective residence, research, study, working holiday) · Ministry of Foreign Affairs · checked 2026-10-10
  4. Cost for a visa and how to pay · Ministry of Foreign Affairs and International Cooperation (Italian Embassy in Addis Ababa) · checked 2026-10-11
  5. How, where and how much: applying for a residence permit · State Police (Polizia di Stato) · checked 2026-10-11
  6. Elective residency visa (national visa) · Consulate General of Italy in San Francisco · checked 2026-10-11
  7. Legislative Decree 286/1998, Art. 5 (residence permit) · Normattiva · checked 2026-10-11
  8. Legislative Decree 286/1998, Art. 9 (EU long-term resident permit) · Normattiva (Presidenza del Consiglio dei ministri) · checked 2026-10-11
  9. Citizenship by residence, Art. 9 of Law 91/1992 · Ministero dell'Interno · checked 2026-10-11
  10. Law 91/1992, Art. 9.1 (Italian language level B1 for citizenship) · Normattiva (Presidenza del Consiglio dei ministri) · checked 2026-10-11