Spain

Spain Golden Visa

Residency by Investment

Spain launched its golden visa programme in 2013. An investment of €500,000 in real estate will gain family residency. The Spanish investor visa can be renewed every two years. After five years it is possible to gain permanent residency and after ten years citizenship. It is not necessary to live in Spain in order to retain and renew the residency visa permit.

This residency permit (often referred to as the Golden Visa) is for foreigners who are interested in entering Spain in order to make a significant capital investment. In this case, these individuals can apply for a residency visa or, if applicable, residency for investors.

The new Entrepreneurs Law enables foreigners who make an investment in Spain to obtain residency for themselves and their families - spouses and minor children - without being required to remain in Spain for a certain period of time in order to be able to to renew the residency. The maintenance of the investment is the only requirement for renewal.

Spain - Residency Program

Main Spain Golden Visa benefits:
Fast processing times: It is possible to acquire the Spanish residence permit within 60 days from the time the Golden Visa application is submitted.
Travel visa-free: Since Spain is an EU member, when obtaining the golden visa, you can travel visa-free to 26 countries as part of the Schengen zone.
EU rights: Obtaining a Spanish residency permit means you can live, work and study in Spain.
Family residency plans: Your spouse and children under the age of 18 are guaranteed residency permits. Other family members can also obtain residency, provided paperwork is presented, showing they are your legal dependents.
Family security guarantee: Having a ‘plan B’ puts your mind at ease in times of economic or political instability.
Easy renewal: The temporary residence permit can be easily renewed and you only have to visit Spain once a year in order to maintain the permit.
Donation-free: No donation is required as it is an investment-only program that provides many different investment options.

Qualifications

What are the requirements to apply for the Spain Golden Visa?
The applicant must be over 18 years old
The applicant must possess a clear criminal record
The applicant must not be on the nation’s list of undesirable people
The applicant must hold valid medical insurance and an official health certificate
The applicant must not have previously been refused visas or entry into the Schengen zone
The applicant must have enough funds to reside in Spain
The applicant must make a qualifying investment (as stipulated in this guide) and provide proof of the respective financial investment.

Qualifications for your family members

If you or your family decide to live in Spain, then you are eligible for permanent residency after five years. However, you have to demonstrate that you did not spend more than a total of eleven months outside of Spain within the past five years.
Your spouse
Your children under the age of 18
Your dependent family members (upon financial proof that they are dependent or have a health condition that makes them unable to provide for themselves)

INVESTMENT OPTIONS

Investors who make a significant investment in Spain:
Real Estate Investment
Residency permit through the purchase of property worth € 500,000 free of any encumbrances
Shares of a Spanish company or bank deposits (€1 million)
Residency permit through the acquisition of one million euros in company stocks and shares or bank deposits in financial institutions
Public debt (€2 million)
Residency permit through the acquisition of 2 million euros of public debt
Business Project
Residency permit through a business project. Entrepreneurs who start Business projects in Spain considered being of general interest. The general interest report will be requested from the Spanish Economic and Trade Office.