“In Spain, a real estate investment of €500,000 in Spanish property can gain investment visa status which will provide entitlement to family residency.”
One of the easiest and most efficient ways to gain Spanish residency is through the Golden Visa Program. This investor permit grants NON-EU Nationals to attain the Spanish residency for one year (plus having the option of renewing this business visa in order to extend the stay). And it does not require residing in Spain (over 183 days), just visiting the country once during the period of residence.
In Spain, a real estate investment of €500,000 in Spanish property can gain investment visa status which will provide entitlement to family residency. The Spanish investor visa can be renewed every two years. After five years it is possible to gain permanent residency, and after ten years full citizenship can be granted. It is not necessary to live in Spain in order to retain and renew the residency visa permit. The applicant must prove that they have an investment in real estate of €500,000 free of any charge.
Although the temporary residency permit can be easily renewed without living in the country, the route to both permanent residency and citizenship requires the investor and their family to reside in Spain. For this reason, the Spanish Golden Visa programme is popular with those applicants who either wish to reside full time in Spain or simply maintain a second residency in Europe but without a path to citizenship.
• Real estate assets (€500,000) interest.
• Shares of a Spanish company or bank deposits (€1 million)
• Public debt (€2 million)
• Entrepreneurs who start Business projects in Spain considered being of general interest. The general interest report will be requested from the Spanish Economic and Trade Office.
Listed below are the documents required to get the Spanish investor permit:
• Identity document or passport.
• Public or private health insurance taken out with a company operating in Spain.
• Background check.
• Application form.
• Proof of sufficient funds to support the applicant and members of his/her family during residence in Spain.
• Documents providing proof of the investment, such as property, unlisted shares and equity, listed shares, public debt, bank deposits, business project.