Interesting, I never heard of the non-lucrative visa! So is the only real cost (1) you can't work and (2) you are subject to Spanish income and wealth taxes?
I see from an ad, you have to have 28k euros in your bank account for a year, which seems shockingly low, but it looks like you have to pay spanish income tax, so that must be how they see this as a benefit. I wonder if you are subject to the Spanish wealth tax. As Trump still looks likely to run and could definitely win the presidency (uncertain chance but possible), I think a lot of wealthy Americans will do it. I'm a software engineer and almost everyone I know well enough to ask says they or their friends are investigating. All the immigrants I asked can usually go to their original country, unless maybe they are from a non-free country. This last group all seem to want to go to one of the 3 cheaper Euro countries.
I see from an ad, you have to have 28k euros in your bank account for a year, which seems shockingly low, but it looks like you have to pay spanish income tax, so that must be how they see this as a benefit. I wonder if you are subject to the Spanish wealth tax. As Trump still looks likely to run and could definitely win the presidency (uncertain chance but possible), I think a lot of wealthy Americans will do it. I'm a software engineer and almost everyone I know well enough to ask says they or their friends are investigating. All the immigrants I asked can usually go to their original country, unless maybe they are from a non-free country. This last group all seem to want to go to one of the 3 cheaper Euro countries.