Spain Golden Visa

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.

Spain is an EU country enjoying a sound political system and a thriving economy. The country offers a European standard of living including high standards of education and health care. Spain has been a member of the EU since 1985 and in the Schengen area since 1995.

Spain Golden Visa

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.

Spain is an EU country enjoying a sound political system and a thriving economy. The country offers a European standard of living including high standards of education and health care. Spain has been a member of the EU since 1985 and in the Schengen area since 1995.

Eligibility Criteria

• Applicants coming from non-EU countries are eligible to obtain the Spain Golden Visa.
• The main applicant must be at least 18 years of age;
• Eligibile dependents include spouse, children and parents;
• The applicant must undergo a fit and proper test and be able to produce a clean criminal record

Dependants

• Spouse of the main applicant
• Children of the main applicant under the age of 18
• Both Residence and Citizenship can also be passed to future generations or unborn children.

Investment Required

• Investment options for the Spain Golden Visa Programme varies according to the below options, including real estate investment, a transfer of credit or an investment aimed at job creation in Spain.
• Real estate investment- applicants selecting this investment route are required to invest a minimum of €500,000 in Spanish real estate.
• Business development is Spain -an applicant opting for this route must satisfy one of the following conditions:
  • create employment
  • the investment needs to have socioeconomic impact on the country
  • contribute to scientific/ technological innovations.
• Capital transfer- applicants may opt to invest a minimum of €2 million in Spanish public debt. Otherwise one may invest a minimum of €1 million in shares in Spanish companies or bank deposits with a Spanish financial institution.
• Tax- Spanish authorities exempt foreigners from paying tax in Spain on their worldwide income unless one resides in Spain for more than 183 days per year, within which the person will become a tax resident. Income derived from Spain such as rental of property is taxable at a rate of 24%.

Benefits

• Fast Process; 20 Days
• Schengen Residence Card
• PR Permit Renewable after 5 years
• Leads to Citizenship after 10 years
• Right to Live, Work & Study in Spain
• Family members included