Spain Golden Visa

The Spain Residency by Investment Program, also popularly known as the Spanish Golden Visa Program, offers a pathway for non-EU investors to gain residency in Spain. Since its inception in September 2013, the program has outlined specific investment avenues through which investors can qualify for Spanish residency.

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Investment Avenues:

The Spanish Golden Visa requires a substantial financial investment into the Spanish economy, with several options available:

• A minimum real estate investment of €500,000, with a commitment to retain the property until achieving permanent residency. Permanent residency is attainable after five years.
• Investment of €2 million in Spanish government bonds, maintaining the investment for at least five years.
• An investment of €1 million in shares of Spanish companies, also to be held for a minimum of five years.
• A deposit of €1 million in a Spanish bank, again, with a five-year holding period.

All investments must originate from outside Spain, and applicants are required to demonstrate financial stability enough to support themselves and their families.

Eligibility Criteria:

Applicants must be over 18 years old, possess a clean criminal record, and be in good health. Additionally, they must demonstrate good character and have the financial means to support their family in Spain.

Process Timeline:

The initial visa application process is swift, with a response time of just 10 days. Following this, the residence permit process takes approximately 60 days from the application submission to the issuance of the Spanish residence card.

Program Benefits:

The Spain Residency by Investment Program opens up several significant advantages:

• Visa-free access to 191 countries, including the US, UK, Hong Kong, Latin America, and all EU countries.
• The ability to live and work in Spain, even if the residency is based in another country.
• The path to permanent residency after five years and the option for citizenship after ten years.

Why Spain?

Spain's allure is undeniable, with its vibrant culture, rich history, diverse cuisine, and welcoming society. The country's favorable tax rates and business-friendly environment make it an attractive destination for investors globally.

FAQs about the Spain Residency Program:

Do I have to travel to Spain during Residence Permit procedures?

Applicants have to travel to Spain to collect their biometric data.

Is Spain a tax haven for investors who consider choosing Spain Golden Visa Program?

Spain implements taxation on the global income of its citizens. However, investors should note that Spain provides some advantageous tax incentives and business opportunities to draw foreign investments into the country. Therefore, though it requires some meticulous calculations, it is possible to decrease Spanish taxation to favorable levels.

Do you offer properties for Spain RBI?

Yes. We would be happy to provide you to our specialist property advisors who would assist you to find high-quality properties either commercial or residential, from a wide range of options which is convenient for Spain Golden Visa applications and also complies with your personal priorities.

How many family members can apply for residency along with the Main Applicant?

All family members (Spouse and dependent children under the age of 18) as well as the main applicant can be extended Spain Residency investment application.

Is there any language requirement to apply for Spain Residency?

No, applicants do not have to take any language test.

What is Siesta?

Siesta is an interesting tradition in Spain; there is a long break of two to five hours. During siesta hours, most businesses are closed. Spaniards enjoy having a nice break in the half of the day.

Are there good universities and schools in Spain?

Education is free and mandatory in Spain for between 6 to 16 ages-children. The literacy rate is over %95 of the population. There are also lots of attractive and ancient universities like the Complutense University of Madrid, the University of Barcelona, the University of Granada, the University of Sevilla, the University of Salamanca and the University of Valencia.

Which are the main sectors of the Spanish economy?

Spain has a very large automotive industry. In addition, the other important sectors in Spain are energy, tourism, science and technology and agriculture.

Is there any official legislative text regulating Spain Golden Visa Program?

Yes. Spain “Golden Visa” Law, namely Law 14/2013 of Support for Entrepreneurs and Their Internationalization is the fundamental legal text with regard to Spain Residency by Investment program, which presents several options for investors in order for them to become residents of this Iberian country.

Please contact us now to have further information on Spain Residency by Investment program and to get a fee quotation for your application.