Visa-free travel in EU
Golden Visa allows its holder to visit Schengen area countries without obtaining additional visas.
Spain
Spain Residency by Investment Golden Visa Program
Spain Golden Visa was launched in 2013 and, to date, is one of the most popular residency by investment programs in Europe. It provides visa-free travel in the EU, profitable investment, and the possibility of receiving citizenship.
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About the program
The Spain Golden Visa program guarantees the right to live and work in Spain by investing in the Spanish economy.
Minimum Investment
€500,000 is the minimum investment in real estate, which can be met by buying one or several properties. The investment must be held for renewals.
About the country
Spain is a member of the EU and one of the top touristic destinations; it has a strong economy and high quality of life.
Population: 47 mln. Currency: Euro (EUR) Language: Spanish Capital: Madrid
Processing time
Depending on the type of investment and documentation process, it will take 3-6 months to obtain a residency card.
Visa-free travel
A Spanish passport allows visa-free or visa on arrival access to 188 countries, including 29 Schengen countries.
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Benefits of Spain Golden Visa
Spanish residency by investment opens the door to life in the European Union for the whole family. There is an excellent healthcare system, safe environment, international education, and stable economy.
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No requirement to stay
You are not obliged to visit Spain every year to keep your Golden Visa.
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Spanish Passport
You can apply for Spanish nationality if you have had your Golden Visa for 10 years and reside in Spain for at least 183 days per year.
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Opportunities
You and your family have the right to live, work and study in Spain, a country with social and political security, and economic opportunities.
Type of Investment for Spain Golden Visa
Although Spanish residency by investment offers several options for investing, most individuals choose to purchase a property with guaranteed income.
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€500,000
Acquire real estate. Buy one or several properties, of any type, but the total investment amount must be a minimum of €500,000.
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Create a project
This option requires investors to start a business which will create employment, have socio-economic impact, and be of scientific or technological interest.
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€1,000,000
Buy shares in a company or deposit funds in a Spanish bank.
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€2,000,000
Invest in government bonds.
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Requirements for an investor:
- Any citizen of a non-EU or EFTA country
- Individuals of 18 years or over
- Clean criminal record
- Medical insurance
Eligible family members:
- Spouse or unmarried partner
- Children under 18 years
- Unmarried adult children supported by one or both spouses, as well as students
- Parents over 65 years and supported by one or both spouses
Timeline for obtaining permanent residency in Spain
Step 1
1-2 weeks
Decide on the right type of investment and find a lawyer who will do the paperwork, then conclude the investment. You can visit Spain to choose a property, but you will first need to apply for a tourist visa.
Step 2
1 month
Submit the application for residency to the nearest Spanish Embassy or Consulate. Once approved, this initial residence visa gives you the right to live in Spain and is valid for a 1-year period.
Step 3
1 month
Submit application for a residency permit. You need to visit Spain for submitting biometric information. First Visa is valid for 2 years. There is no minimum stay requirement to keep Golden Visa.
Step 4
After 2 years
After 2 years, you will need to submit another renewal application, and the next visa will be issued with a validity of 5 years. Keep in mind that you must maintain your investment to renew your visa. You can, however, change the type of investment, provided the total minimum investment amount continues to be met.
Step 5
After 5 years
After 5 years, you can apply for a permanent long-term residence permit; however, to be eligible for this long-term permit, you must live in Spain.
Step 6
After 10 years
After 10 years of Golden Visa, you can apply for Spanish citizenship and a Spanish passport. To acquire citizenship, you must also pass a language test, a Spanish citizenship test, and you must have lived in Spain for the 10 years prior to the application (for these 10 years, you must have resided in the country for at least 183 days per year).
Real Estate Investment Options
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Apartments in condominium near the sea
2 and 3 bedroom apartments at just 5 minutes from the beach. It’s located in the privileged area of Atalaya, surrounded by golf courses and close to all type of services. Two model of homes to choose from: apartments with 2 bedrooms and 2 bathrooms and apartments with 3 bedrooms and 2 bathrooms.
Price: from €512.000
Location: Malaga
Size: 115-120 m2
Apartments with sea view
3 bedroom homes provide a perfect blend of design and comfort. Communal areas and spacious home interiors have been designed to make the most of natural light and to offer an exceptionally attractive product that is hard to match. All this while never losing sight of functionality: low energy consumption and sustainability.
Price: from €574.000
Location: Mijas
Size: 169-171 m2
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