RESIDENCY BY INVESTMENTSpain
Capture the beauty of Spain
Spain, located in Southwestern Europe, is renowned as a highly sought-after tourist destination across the globe. This vibrant country is celebrated for its breathtaking landscapes and exceptional standard of living, as well as its unique cultural traditions and rich history. Furthermore, Spain boasts one of Europe’s most significant economies and is a full-fledged member of both the EU and the Eurozone.
Fact Sheet
WHY CHOOSE SPAIN
The Spain Golden Visa, also known as the residence by investment programme, enables foreign nationals to make a substantial investment in Spain and apply for an investor visa. Upon approval, the visa holders and their families can enjoy visa-free travel throughout the Schengen Area in Europe.
Under this programme, individuals and their immediate family members can obtain residency in Spain (via a temporary residence permit) in less than a month. Subject to the general immigration regulations and requirements, investment residents may obtain permanent residency status after five years of continuous residence in Spain and can subsequently become Spanish citizens.
MINIMUM INVESTMENT & PROCESSING TIME
- €500,000 plus taxes and fees
- Approximately 20 days for the immigration procedure
QUALIFICATIONS
To meet the requirements for acquiring Spanish Golden Visa, you must satisfy the following conditions:
- Investment Proof: You must provide evidence of having made one of the investment options outlined by the authorities.
- Age Requirement: Applicants must be at least 18 years old.
- Health Insurance: It is mandatory to obtain valid health insurance coverage in Spain.
- Financial Capability: You need to demonstrate that you possess sufficient financial means to support yourself and any accompanying family members.
- Clean Criminal Record: You must have a clear criminal history in all the places you have previously resided.
- Not Listed as Undesirable: You should not be included in Spain’s list of undesirable individuals.
- No Rejected Schengen Visas: It is important that you have not faced rejection for any Schengen Visas in the past.
BENEFITS
- Spain is part of the European Union, which means Spanish residents can travel visa-free to all Schengen Zone countries for up to three months in a six-month period, as can your family members.
- You do not have to live in Spain to renew the residence permit – but you can if you want to.
- You can work and live in Spain legally.
- Eligibility to include a spouse or unmarried partner, financially dependent children of any age (adult children must be full-time students), and financially dependent parents of the main applicant and/or their spouse who are 65 years and older.
- You can bring your family members with you (spouse, children, and dependent parents).
- A high standard of living.
- Access to the public healthcare and education systems within the country.
- A vibrant EU nation with stunning landscapes.
- The opportunity for Sephardic Jews and their descendants, as well as citizens of Ibero-American countries, Andorra, Equatorial Guinea, Portugal, and the Philippines, to apply for Spanish citizenship after two years of effective residence.
- Outstanding schools offering tuition in English, French, German, Italian, Japanese, and Mandarin.
Investment Criteria
AVAILABLE OPTIONS
To meet the requirements for a Spanish Golden Visa, an individual must undertake one of the following investments:
- Purchase real estate in Spain worth a minimum of €500,000, which can be a single property or multiple properties with a combined value of at least €500,000.
- Invest at least €2,000,000 in the Spanish public debt.
- Buy shares in a company or make a deposit of at least €1,000,000 in a Spanish bank.
- Invest in a new business that will create employment opportunities, make contributions to scientific and/or technological innovation, and have a significant socio-economic impact in the region where the business is established.
ACQUIRING CITIZENSHIP
Spanish citizenship is available for residents after 10 years of residing in Spain. However, individuals belonging to specific groups such as Sephardi Jews, citizens of Equatorial Guinea, Latin America, and the Philippines can apply for Spanish citizenship after completing only two years of effective residency in Spain. Nevertheless, dual citizenship limitations are applicable to most foreign nationals.
