{"id":991610,"date":"2024-04-23T15:09:16","date_gmt":"2024-04-23T20:09:16","guid":{"rendered":"https:\/\/jquijano.com\/espa%C3%B1a\/?page_id=991610"},"modified":"2024-06-13T00:33:58","modified_gmt":"2024-06-13T05:33:58","slug":"retirement-visa-program","status":"publish","type":"page","link":"https:\/\/jquijano.com\/espana\/en\/immigration-law\/retirement-visa-program\/","title":{"rendered":"Retirement Visa Program"},"content":{"rendered":"\t\t
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Immigration Law<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Tourist Pensioner or Retiree Residence Visa<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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Tourist Pensioner or Retiree Residence Visa<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Any foreign citizen who receives a permanent retirement or life pension from a government, international organization, or private company can apply to the Retirement Visa program provided such monthly income or pension is not less than ONE THOUSAND AMERICAN DOLLARS (US$1,000). However, if real estate for a minimum value of ONE HUNDRED THOUSAND US DOLLARS (US$100,000) is purchased, the acceptable income or pension would be SEVEN HUNDRED AND FIFTY DOLLARS (US$750) per month.<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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\u00a0<\/p>

This permanent resident visa program, unlike other types of visas, grants the following benefits:<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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  • 50% discount on entertainment activities such as cinemas, theaters, sports, and shows including artist presentations, museum tickets, plays, and the like

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  • 25 to 30% discount on bus, boat, ship, or airplane fares

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  • 50% discount on hotel, motel, and hostel rates from Monday through Thursday

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  • 30% discount on hotel, motel, and hostel rates on weekends

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  • 25% discount at restaurants for an individual meal

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  • 15% discount in fast food restaurants

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  • 15% discount on hospital services and private clinics

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  • 20% discount on medicines at pharmacies

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  • 20% discount on outpatient medical and surgical services

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  • 15% discount on dental and optometric services

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  • Discount on health and hospitalization insurance premiums

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  • 20% discount on technical and professional services

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  • 20% discount on all prostheses, as well as on all devices and auxiliary accessories

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  • 50% discount on the closing fees or commissions on personal and commercial loans

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  • Exempt from payment of the Special Fund for Compensation of Interests (FECI) fee on personal and commercial bank loan

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  • 15% discount on personal and commercial loans on the maximum interest rate that the law allows financial institutions to charge, such as banks, cooperatives, and credit unions

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  • 1% reduction on the interest rate on a personal home mortgage loan

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  • Freezing of property tax

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  • Exemption from the payment of the property appraisal fee

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  • 25% discount on the monthly electric bill up to 600 kWh

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  • 50% discount on the airport tax or fee

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  • 25% discount on the telephone bill

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  • 25% discount on the water bill

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  • 100% exemption on the registration fees at the Public Registry of the boards of directors, certifications, and incorporation of new legal entities, of non-profit organizations of retirees, pensioners, and senior citizens

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  • 20% discount on the purchase of coffins and urns

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  • Import tax exemption on a new car every two (2) years

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  • One-time exemption on import taxes for household articles up to TEN THOUSAND DOLLARS (US$10,000)<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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    Consult with Us <\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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