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I can't really help, but I assume you mean 50,000, not 50 to start a business.

@jomiller5

When at a crossroads, be careful not to step out in front of a bus. :-)

@jomiller5

You need to be able to show 30k euros in savings (for first applicant, plus a bit more for 2nd) in order to qualify for a No Lucrativa Visa (NLV). This is the easiest way to be legally resident and be able to move over here and see what life is like. Especially helpful if you NEED to get over here ASAP for some sunshine and paella. :-)

However, it's a non-working visa, so you'd have to live off your savings for a while and/or do a bit of remote teaching (for students outside Spain). Fixit work in the black would be very naughty, but I can't say it's not done.

Living in Spain (with your NLV) means you can easily search for teaching jobs and go to interviews. If you get offered a job, then you can change your residence status. Even though you're a secondary school teacher, I'd broaden the search to include language schools and teaching English. The whole job thing is affected by your Spanish skills, so you should consider this issue. If no Spanish, then it's probably teaching English, or sticking to the remote teaching game (not a bad option, I far prefer it to the aggravation of in-person).

You could also job search remotely, interview over Skype, then ask them to sponsor you for an employee visa. But it's a lot harder. As you have the savings, I'd certainly recommend using your money to get your NLVs, rather than spending it.