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SPAIN

GOLDEN VISA

MIN INVESTMENT

€500,000

PROCESSING TIME

1-2 MONTHS

PERMIT TYPE

TEMPORARY RESIDENT PERMIT

FAMILY

SPOUSE, CHILD, PARENT

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SUMMARY

Spain is a member of the European Union and a renowned holiday destination. Spain is famous for its pleasant environment, fascinating history, and exciting lifestyle. The Spain Investor Visa Programme allows you to live in Spain by investing. Applicants who are approved are given temporary residence for a period of five years. You are eligible for permanent residency after five years. You will be eligible to apply for citizenship after ten years of living in Spain.

The Spain Golden Visa allows for various investments, including real estate, government debt, business operation, and stock or bank deposits. For the purchase of a real estate property in the region, the investment starts at €500,000. Whatever you decide to invest in, you must keep it for at least five years.

Citizens of Spain are free to live anywhere in the European Union. The Spanish passport is one of the best globally, and it allows you to visit the United States without a visa for 90 days per year. In Spain, taxes are high, and applicants must spend most of their time in the country to achieve permanent residency. Inpatriates are given the option of paying a flat rate of 24 percent tax on their earnings. The Spanish Golden Visa Program lets you live and work in the EU legally.

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POPULATION

46.94 Million

CAPITAL

Madrid

CURRENCY

Euro

LANGUAGE

Spanish

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INVESTMENT

There are 4 investment options to qualify for the Spain Investor Visa. The investment must be held for a minimum of 5 years:

  • €2m investment in public debt
  • €500,000 investment in real estate
  • €1m investment in shares or bank deposits
  • investment in a business project in scientific and technological innovation (no minimum amount)

Application Fees: €71.1 per person

SPAIN RESIDENCY INVESTMENT OPTIONS

REAL ESTATE

Purchase a property in Spain for a minimum of €500,000. If a legal entity makes the application, the residence permit would be given only to the individual who owns the majority of the company’s shares, and it also creates a special regime for couples who are married under the community property regime. That is the law’s sole scope of operation. As a result, when a property is acquired by many natural persons who do not constitute a corporation, they are excluded from the extent of the law. Unless they form a corporation and become part of a legal person, Law 14/2013 does not contemplate the possibility of multiple natural persons jointly acquiring a land. The law does not restrict the purchase of a portion of a house but rather the purchase of one or more properties as a whole (“the acquisition of real estate properties in Spain”). The prospect of issuing an investor’s residence permit depends on the purchase of the real estate by a group of people is not being considered.

BUSINESS PROJECT

Business projects: there is no minimum investment requirement; they must be of general interest:

  • Creation of jobs
  • Social and economic impact on the geographical area where they are made.
  • A significant contribution to scientific and technological innovation.

SHARES OR BANK DEPOSITS

Applicants can invest €1m in :

  • Unlisted shares and equity: a declaration of investment must be submitted with the Ministry of Economy and Competitiveness’ Investments Register (Registro de Inversiones). OR Listed shares: a document from a financial broker registered with the National Securities Market Commission (CMNV) or the Bank of Spain; a document from a financial broker registered with the National Securities Market Commission (CMNV) or the Bank of Spain. OR
  • Shares in a Spanish investment fund: a certificate from a fund management firm registered with the National Securities Market Commission (CNMV) claiming that the applicant has invested at least EUR1 million in one or more funds managed by them. Bank deposits: a certificate from the financial institution stating that the claimant is the sole owner of the bank deposit. A letter from the financial institution says that the applicant is the sole owner of the bank deposit. OR
  • Investment funds: investment funds of close-end type or venture capital funds set up in Spain.

PUBLIC DEBT

Invest at least 2m EUR in Spanish public debt securities

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PROCESS

Application Processing Time: 1-2 Months

Step 1 - Month 1

Before you can apply, you'll need to collect your documentation and decide on an investment option. You will need to fly to Spain to continue with the application. As a result, obtaining a tourist visa may be required first. Your visa will arrive in 10 working days.

Step 2 - Month 2

You will be scheduled for a biometrics appointment in Spain to complete your investment. Following that, you must submit the supporting documents. Within 20 working days, the Spanish administration will review your application and make a decision.

Step 3 - Month 3

Once the Spanish authorities approve your application, you can collect your resident permit.

CONDITIONS

FAMILY

INITIAL PERMIT

PERMANENT RESIDENCY

CITIZENSHIP

Spain Golden Visa

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