The way your banking and finances are set up can have a significant impact on your Non-Lucrative residency renewal.

Since Spain’s recent immigration rule updates, one change in particular is catching out more and more Non-Lucrative residency holders who moved from the UK — and it’s one that could have serious consequences if ignored.

The Problem: Foreign Financial Documents Under Scrutiny

Under the updated regulations, proof of financial means from foreign banks — which includes UK banks and financial institutions — must now meet far stricter standards.

Immigration offices across Spain are increasingly asking for: