Spain Golden Visa Program
Passport in
2 - 3 months
Minimum Investment
€500,000
Investment Type
Real Estate
Visa free travel to
Schengen countries
Spain Golden Visa Program
In an attempt to boost the country’s economy, the Spanish government launched its Golden Visa Program in 2013. By investing €500,000 or more in real estate that can be leased for revenue, foreign investors can now secure residency for themselves and their families. The Spanish residency permit is issued for a period of two years and can be extended for a period of five years. The Spanish Government does not necessitate Golden Visa owners to live in Spain and all members of the family will be able to travel in the Schengen Region without any other visa application. The invention of the new technology has promoted the Golden Visa program. You can renew your residency permit online from anywhere in the world only if you adequately meet all of the qualifications. After 5 years, as a golden visa holder, you can apply for a permanent residency permit, but you will be required to have lived in Spain for a least 6 months each year. After ten years, you can apply for the Spanish citizenship.
Which Family Members Can Be Added in the Same Spain Golden Visa Application?
- Spouse.
- Children below the age of 18.
- Parents (Must be financially dependent on the main applicant).
Spain Overview
There is a lot to give in the fine-looking country of Spain, including interesting historical sites, spectacular mountain views, gorgeous beaches and sophisticated towns with its capital city being Madrid. The Spanish government is a constitutional Monarchy with a population of more than 47million people who speak Spanish, the national language. Spain covers a total area of 505,990 square kilometers which is adequate for more accommodations and investments. Spain's currency is Euro.
Language
Spanish
Currency
Euro
Total Area
505,990 Km²
Capital
Madrid
Government
Parliamentary Constitutional Monarchy
Population
47,100,396
Benefits of a Spain Golden Visa
- Applicants can live, work and study in Spain.
- You’re allowed to apply for Spanish citizenship after 10 years.
- Beneficial real estate investments that generate rental returns.
- Visa unrestricted access to 25 Schengen Countries.
- Authorizes legitimate family dependents to obtain residency permit.
- Flexibility to keep up the residency without the need to reside in the country.
Spain Real Estate Investments
In any government recommended real estate venture, non-EU investors will purchase a commercial or residential property at a minimum cost of EUR 500,000 with this investment choice. For Satisfactory application for the renewal of the Spanish residency permit, the applicant must remain being the owner of the property. The investor can either live on the property or lease it in order to receive rental returns on the investment. Once the applicant becomes a permanent resident or acquires citizenship and a passport, renewals of residency permit becomes unnecessary and the property can be sold.
Spain Golden Visa Cost
Real Estate Investment €500,000
Family Application Fee €8,000
Government Processing Fee €70
Conveyance Fees 1.0% of the total property price
Spain Citizenship and Passport
Citizens of Spain enjoy huge benefits and enticing perks making the Spanish passport one of the most valuable in the world. The Spain passport is the 4th strongest passport on the planet. This is in terms of visa-free travel to up to 188 countries. To qualify for Spanish citizenship and a passport, applicants must spend at least six months annually in the country for a period of ten years.
How to Qualify for the Spain Golden Visa?
- Investors must be 18 years old and above to apply.
- Applicants should have no past visa rejection or rejection of entry to any EU country.
- Applicants must have no criminal record in Spain or any country formerly resided.
- Investors must provide comprehensive bank statements offering financial resources to support residency in Spain.
- All members of the family must have health insurance from an permitted insurance benefactor in Spain for the period of their stay in the country.
Key Benefits Of Alternative Residency Or Citizenship
Global Mobility
Travel worldwide freely for business or pleasure, including the UK and Schengen zone without burden of constant visa applications.
Family Security
Relocate your family to Europe and other locations worldwide in a matter of months to secure a better future through high quality education and healthcare.
Business Opportunities
Expand your business and begin operating globally with easy access to the major business hubs.
Tax Haven
Preserve your wealth by taking advantage of a favorable tax regime in Europe or enjoy no tax liabilities offered in the Caribbean.
Investment
Invest in lucrative real estate and other assets that allow to capitalize on your future by generating rental returns with options to release your investments when the investment term is over.
Global Citizen
An alternative place to call home. Enjoy the freedom to relocate to Europe or other countries, away from economical & political instability.
Do You Have Questions?
Applicants of Spanish Golden Visas need to invest in real estate, which can be rented for income.
To qualify for Spanish citizenship and a passport, applicants are required to spend at least six months of every year in the country for no less than ten years.
Yes, if you are willing to buy a house to the value of €500,000, you can apply for a Golden Visa, which includes residency in the country.
Generally, Spain is considered to be safe for visitors. However, travelers should maintain a reasonable sense of caution.
To get residency in Spain, investors must buy a commercial or residential property in any government-approved real estate projects at a minimum cost of €500,000.