spanish golden-visa

Residence by Investment Programme

WHAT IS THE SPANISH GOLDEN-VISA?

The Spanish Golden Visa is a residence-by-investment programme that enables non-EU investors the rights to reside, work and study in Spain in exchange of an investment of at least EUR 500,000.
This Spanish residency programme allows for successful applicants to apply for the Spanish citizenship after 10 years (2 years for former colonies), subject to language and residency requirements.

Spanish Golden-Visa Advantages

  • Dependents included:
    1. Spouse or common-law partner
    2. Dependent children
    3. Parents
  • Member of the Schengen Area and the EU
  • Right to live, work and study in Spain
  • Pathways to obtaining Permanent Residency after 5 years of actual residence
  • Pathways to obtaining Citizenship in Spain after 10 years of actual residence, or 2 years in case of former Spanish colony citizen
  • High standard of education and healthcare system
  • Visa-free travel within the Schengen Area
  • No physical residency requirement
  • No language requirement
  • No education or management experience required

Investment Options

  • A minimum of EUR 500,000 in a real estate property
    • Purchase one or multiple properties
    • Mix of residential or commercial allowed
    • Joint buyers can combine investments into one property (min EUR 500,000 each)
    • At least EUR 500,000 of the investment must be from the investor’s own funds (free of all charges, e.g. mortgage)
    • The investment can be made through a majority owned company (longer processing time)
  • A minimum deposit of EUR 1,000,000 into an accredited bank.

Spanish Golden-Visa requirements

  • Be over 18 years of age and a Non-EU/EEA Citizen
  • Make a qualifying investment in Spain
  • Hold the investment for a minimum of 5 years
  • Have no debt to Spain authorities
  • Have a clean criminal record
  • Not have entered or stayed illegally in Spain
  • Open a bank account and obtain a tax identification number in Spain

Process

  • Select property and complete legal documentation process in Spain
  • Receive police confirmation on application eligibility
  • Complete qualifying investment
  • Meet all application documentation requirements
  • Submit application in Spain or at a Spanish Consulate
  • Processing time between 1-3 months
  • Initial residency visa provided for 1 year, then 2 years, and then 5 years (renewal)

FREQUENTLY ASKED QUESTIONS ABOUT THE SPANISH GOLDEN-VISA

The present document is intended for guidance and general information only and does not constitute or purport to provide you with legal advice. Such information is subject to changes without notice. Each case is unique and depends on the facts and circumstances of the individual and due consideration should be taken if applying the general information to your personal situation. For an evaluation of your personal circumstances one of our legal team would be happy to assist.

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