Head to head
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.
Key differences
- MoneySpain Non-lucrative visa asks for income of €2,400+ a month ≈ $2,680; Italy Elective residence for income of €31k+ a year ≈ $35k. The two figures cover different periods.
- RenewalRenewable on both.
- Permanent residenceAfter 5 years of residence on both.
- CitizenshipAfter 10 years of residence on both.
- FamilySpouse can't work on both.
- WorkNo on both.
- Government feesThe first government fee listed is €90 ≈ $100 for Spain Non-lucrative visa and €116 ≈ $130 for Italy Elective residence; the table lists every fee.
- Tax residenceSpain: more than 183 days (calendar year). Italy: at least 183 days (tax year (184 days in leap years)).
Side by side
Spain Non-lucrative visa | Italy Elective residence | |
|---|---|---|
| Country | 1Non-lucrative visa | 2Elective residence |
| Type | 1Non-lucrative visa Retire or live on savings | 2Elective residence Retire or live on savings |
| Money needed | 1Non-lucrative visa Needs income of €2,400+ a month ≈ $2,680 | 2Elective residence Needs income of €31k+ a year ≈ $35k |
| First stay | 1Non-lucrative visa 1 yr | 2Elective residence |
| Renewal | 1Non-lucrative visa Renewable DetailsThe 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 DetailsRequest renewal at least 90 days before the permit expires; the Questura checks that the original conditions still apply. |
| Spouse can work | 1Non-lucrative visa Can't work | 2Elective residence Can't work |
| Work | 1Non-lucrative visa No DetailsNo work or professional activity in Spain; the authorization is for living on your own means. | 2Elective residence No DetailsNo work activity is allowed. |
| Government fees | 1Non-lucrative visa €90 ≈ $100 · $13 Details
| 2Elective residence €116 ≈ $130 · €30.46 ≈ $34 Details
|
| Permanent residence | 1Non-lucrative visa After 5 years of residence DetailsLong-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. | 2Elective residence After 5 years of residence DetailsThe 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. |
| Citizenship | 1Non-lucrative visa After 10 years of residence DetailsNationality 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. | 2Elective residence After 10 years of residence DetailsNaturalisation needs 10 years of legal residence (4 years for EU citizens) and Italian at level B1 or above. |
| Processing | 1Non-lucrative visa Official timeline DetailsThe 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 DetailsA residence permit must be issued, renewed or converted within 90 days of the application when requirements are met (Art. 5(9)). |
| Where to apply | 1Non-lucrative visa From abroad DetailsApply 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 DetailsApply 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 needed | 1Non-lucrative visa No | 2Elective residence No |
| Tax residence test | 1Non-lucrative visa More than 183 days (calendar year) | 2Elective residence At least 183 days (tax year (184 days in leap years)) |
| Foreign-source income | 1Non-lucrative visa Residents are taxed on worldwide income, including foreign-source income. | 2Elective residence Flat lump sum EUR 300,000 DetailsOptional 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 note | 1Non-lucrative visa | 2Elective residence |
| Official source | 1Non-lucrative visa | 2Elective residence |
| Checked against official sources | 1Non-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
- Non-lucrative residence visa · Ministry of Foreign Affairs, Spain · checked 2026-10-10
- Sheet 6 - Initial authorization of non-lucrative temporary residence · Ministry of Inclusion, Social Security and Migration · checked 2026-10-10
- 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
- Monthly and annual values of SMI and IPREM 2026 · Public Employment Service (SEPE) · checked 2026-10-10
- Orden AUC/891/2024 setting the fees for processing visas · Official State Gazette (BOE) · checked 2026-10-11
- Código Civil, Art. 22 (Spanish nationality by residence) · Agencia Estatal Boletín Oficial del Estado · checked 2026-10-11
Italy Elective residence
- Elective residency visa · Consulate General of Italy in Boston (MAECI) · checked 2026-10-10
- Elective residency · Consulate General of Italy in New York (MAECI) · checked 2026-10-10
- 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
- Cost for a visa and how to pay · Ministry of Foreign Affairs and International Cooperation (Italian Embassy in Addis Ababa) · checked 2026-10-11
- How, where and how much: applying for a residence permit · State Police (Polizia di Stato) · checked 2026-10-11
- Elective residency visa (national visa) · Consulate General of Italy in San Francisco · checked 2026-10-11
- Legislative Decree 286/1998, Art. 5 (residence permit) · Normattiva · checked 2026-10-11
- Legislative Decree 286/1998, Art. 9 (EU long-term resident permit) · Normattiva (Presidenza del Consiglio dei ministri) · checked 2026-10-11
- Citizenship by residence, Art. 9 of Law 91/1992 · Ministero dell'Interno · checked 2026-10-11
- Law 91/1992, Art. 9.1 (Italian language level B1 for citizenship) · Normattiva (Presidenza del Consiglio dei ministri) · checked 2026-10-11
