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.
There are 4 investment options to qualify for the Spain Investor Visa. The investment must be held for a minimum of 5 years:
Application Fees: €71.1 per person
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 projects: there is no minimum investment requirement; they must be of general interest:
Applicants can invest €1m in :
Invest at least 2m EUR in Spanish public debt securities
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.
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.
Once the Spanish authorities approve your application, you can collect your resident permit.
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