Rentista (Independent Means) Visa
Embassy required
- Maximum stay
- 365 days
- Processing time
- 75 business days
- Fee
- Application processing fee
- Validity
- 1 year, renewable annually
- Entry
- Multiple entry
Rentista visa for those with passive income. Higher income requirement than Pensionado visa. Valid 1 year, renewable. Path to citizenship after 5 years of legal residency. Family members can be included.
Eligibility
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Nationality
Citizens of USA, Canada, UK, Australia, New Zealand, Ireland, Austria, Belgium, France, Germany, Spain, Italy, Netherlands, Sweden, Switzerland, Japan, South Korea, Brazil, Argentina, and Chile.
Eligible countries: Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, France, Germany, Ireland, Italy, Japan, Korea (Republic of), Netherlands, New Zealand, Spain, Sweden, Switzerland, United Kingdom, United States of America
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Financial
Minimum monthly passive income of $1,460 USD from investments, rental income, or other passive sources. Income must be from passive sources; cannot be from active employment.
Minimum funds: $1,460 USD monthly passive income
Documents you need
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Passport
Blank pages required: 2; Validity months: 6
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Photo
Count: 4; Specifications: Recent color photos
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Bank statement
Minimum balance: N/A; Months required: 6
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Proof of funds
Accepted forms: Investment statements, rental agreements, or other proof of passive income; Minimum amount: $1,460 USD monthly
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Police clearance
Validity months: 6
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Medical certificate
Provide medical evidence from a recognised doctor or clinic when the route asks for health confirmation.
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Birth certificate
Must be notarized: No; Must be translated: No
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Source of wealth
Must be notarized: No
How to apply
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Document gathering
Collect proof of passive income and supporting documents: valid passport, proof of minimum monthly passive income of $1,460 USD from investments, rental income, or other passive sources, bank statements demonstrating passive income for last 6-12 months, documentation of income sources (investment statements, rental agreements, or other proof), criminal background check (apostilled), medical examination certificate, birth certificate (apostilled and translated to Spanish), and 4 passport-size photos.
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Document submission
Submit application to immigration authority.
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Processing wait
Wait for application processing. Processing typically takes up to 75 business days.
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Visa collection
Receive rentista visa approval.