For years, Spain’s Golden Visa offered a straightforward route for non-EU buyers who wanted to settle in the country. Invest €500,000 or more in property, and residency followed.
The system was simple, popular, and widely used by British buyers planning a permanent move to Ibiza.
In April 2025, Spain closed the Golden Visa programme entirely. The government ended all new applications through the property investment route, forcing many prospective buyers to rethink their plans.
The good news is that moving to Spain is still very possible. The residency options have simply changed. For UK nationals considering a move to Ibiza, two main visa routes now stand out. The right choice depends largely on how you work and where your income comes from.
The Digital Nomad Visa
Who it suits
Spain introduced the Digital Nomad Visa under its Startup Law to attract remote professionals. It works particularly well for the type of international residents Ibiza increasingly attracts — people who can work from anywhere and choose to live somewhere exceptional.
The visa is open to non-EU nationals who work remotely for companies or clients based outside Spain. Applicants must use digital or telecommunications tools to carry out their work. Employees, freelancers, and self-employed professionals can all qualify.
You can work with Spanish clients or companies, but Spanish income cannot exceed 20% of your total professional activity.
Income requirements in 2026
In 2026, a single applicant must demonstrate a monthly income of at least €2,849. Spain links this figure to 200% of the country’s minimum interprofessional wage, so authorities update it annually.
Applicants bringing a partner or children must meet higher thresholds.
Spanish consulates review financial evidence carefully. Most applicants provide payslips, bank statements, employment contracts, or client invoices to support their application.
Other eligibility requirements
Applicants must also provide:
- A university degree or at least three years of professional experience
- Private health insurance valid in Spain
- A clean criminal record covering the previous five years
- A valid passport
UK nationals normally apply through their nearest Spanish consulate. The process requires applicants to attend in person and leave their passport with the consulate during processing.
How long does the visa last?
Applicants who apply through a Spanish consulate usually receive a one-year visa.
Those who apply from within Spain can often secure a three-year residence permit from the outset through a different administrative process.
Potential tax advantages
Many Digital Nomad Visa holders may qualify for Spain’s Beckham Law. This tax regime applies a flat 24% tax rate on Spanish-source income up to €600,000 for up to six years.
For many professionals, this rate is significantly lower than Spain’s standard progressive tax bands. Anyone considering the scheme should speak with a Spanish tax specialist before applying.
The Non-Lucrative Visa
Who it suits
The Non-Lucrative Visa works best for retirees or individuals living from passive income. It suits applicants with reliable income from pensions, savings, dividends, or rental properties rather than active employment.
This visa allows residency in Spain, but it does not permit local employment.
Financial requirements
A single applicant must currently demonstrate annual income or savings of at least €27,115.
Each additional family member increases the requirement by approximately €6,778 per year.
Applicants usually prove financial stability through bank statements and evidence of recurring passive income.
Residency and renewals
Spain initially grants the Non-Lucrative Visa for one year. Holders can then renew it for two-year periods.
After five years of continuous legal residence, applicants may become eligible for permanent residency.
One important point often catches people out. If you later decide to work remotely, switching to a Digital Nomad Visa usually requires leaving Spain and applying again through a Spanish consulate abroad. Planning ahead matters.
Important Steps for Any Move to Ibiza
Regardless of which visa route you choose, several administrative steps apply to all UK nationals moving to Spain.
Applying for an NIE number
You will need an NIE number, Spain’s tax identification number for foreigners. Authorities require it for almost every significant financial or legal transaction, including property purchases and bank accounts.
Registering locally
Once you arrive, you must register at your local town hall through a process called empadronamiento. This registration confirms your local address and residency status.
Using an independent property lawyer
Anyone buying property in Ibiza should appoint an independent Spanish property lawyer. Good legal advice is essential and should never become an afterthought.
The Reality of Moving to Spain
The administrative process takes time, organisation, and patience. However, many international residents believe the lifestyle reward justifies the effort.
Ibiza offers one of Europe’s most beautiful island lifestyles alongside a long-established international community that continues to welcome overseas residents.
A Final Note on Visa Rules
Visa requirements, income thresholds, and residency regulations change regularly. The figures in this article reflect the position as of May 2026 and should serve as a starting point rather than definitive legal guidance.
Before making decisions about residency or property purchases, seek advice from a qualified Spanish immigration lawyer and an experienced estate agent who understands the Ibiza market.
Everything Ibiza Properties has helped buyers navigate the move to Ibiza since 1999. If you have questions about the property side of your relocation journey, our team is available year-round.
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