The non-lucrative residence permit is for people who wish to establish their residence in Spain, and have sufficient means of subsistence to live in Spain without the need to perform any commercial activity. Non-EU nationals looking to reside in Spain for more than 90 days require a visa for entry into Spain. The non-lucrative residence visa allows you to reside in Spain, but does not permit a professional activity nor employment. Documentation proving sufficient financial means is extremely important. With a passive income of about 60,000 euros per year, you can totally fulfill the minimum requirements.
