Residency By Investment
Get Second Passport Through Business and Real Estate Investment in Spain
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Spain’s Golden Visa Program offers a streamlined pathway for high-net-worth individuals to obtain residency in Spain through investment, with the potential to secure Spanish citizenship after a period of continuous residence. This program is highly appealing for investors seeking visa-free travel across the Schengen Area, access to Spain’s robust economy, and a prime location within the European Union.
Why Choose Spain for Citizenship by Investment?
Spain is a desirable destination for investors due to its high quality of life, world-class healthcare, and rich cultural heritage. The country’s strategic location provides easy access to both European and international markets. Additionally, Spain is known for its political stability and secure investment environment, making it a prime choice for individuals seeking long-term security and lifestyle enhancement.
- European Union Membership: Spanish residency grants access to EU rights, including the ability to live, work, and study across all EU member countries.
- Language and Cultural Richness: As one of the most popular languages worldwide, learning Spanish enhances global mobility, while Spain’s cultural diversity enriches the lifestyle experience.
- Top-Tier Education and Healthcare: Residents enjoy access to high-quality education and healthcare, further enhancing Spain’s appeal for families.
Investment Options for Spain’s Golden Visa Program
The Spain Golden Visa program offers several investment routes, each designed to attract foreign investment into the Spanish economy while granting investors a quick route to residency:
Real Estate Investment: The most popular option, requiring a minimum investment of EUR 500,000 in residential or commercial real estate. This route allows investors to benefit from Spain’s dynamic real estate market.
Business Development: Investors can secure the Golden Visa by creating jobs or making a substantial investment in a Spanish business that contributes to economic growth.
Capital Transfer: A capital transfer of EUR 1 million to a Spanish bank or investment in government bonds is also an option, ideal for those looking for a straightforward financial commitment.
Spain Golden Visa Program Eligibility Criteria
There are several investment options in Spain Golden Visa Program. You may choose to invest either €500,000 in property, €2 million in Spanish Government Bonds, or €1 million in shares in Spanish companies.
Apart from the financial requirement, you’re required to be at least 18 years of age and possess a clean criminal record and a private or public health insurance policy.
Detailed criteria:
- You’re over 18
- You’re not an illegal resident of Spain
- You don’t have a criminal record in the last five years
- You’re not on the list of undesirable people
- You have private healthcare to cover your stay
- You’re able to prove sufficient funds to live on without working in Spain
- You’ve not been rejected for residence from certain other countries or from Spain
- You don’t have any of the illnesses according to a 2005 regulation
Spain Golden Visa Application Process
The Spain Golden Visa application is a streamlined process designed to be accessible for international investors. Here’s a quick breakdown of each step:
Choose Your Investment Option: Begin by selecting the investment route that best suits your goals, such as real estate or business investment. Our team of Golden Visa experts can guide you through each option to help you make an informed choice.
Prepare and Submit Your Application: Once your investment choice is made, gather the required documents and submit your initial application, including a request for a Schengen Visa.
Visit Spain for Biometrics: Travel to Spain to complete the biometric data process required by authorities. This step typically takes about two months.
Await Approval: After completing your biometrics, your application undergoes a review, which usually takes around 20 days for a decision.
Receive Your Spain Golden Visa: Upon approval, you’ll be issued your Golden Visa, granting you the benefits of Spanish residency and freedom to travel within the Schengen Area.
This simplified process makes obtaining the Spain Golden Visa straightforward, allowing you to focus on your investment and enjoy your new residency.
At Fast Passport Boutique, we offer citizenship by investment solutions in Spain, also known as Golden Visa Spain, to individuals who want to gain the right to travel and work. Our range of citizenship for sale options includes golden visas and second passport opportunities through investment. The citizenship by investment programs in Spain are tailored to meet clients’ financial needs, enabling them to reap maximum benefits from the new citizenship that they acquire. We have years of experience in helping people achieve their citizenship goals; evaluating each customer’s unique situation is our priority. Our dedicated team is on hand to make sure that applicants attain reliable results with flexible requirements, belonging to one of the most recognized program available in the market today.
Which Documents Are Required for Golden Visa in Spain?
To apply for the Spain Golden Visa, you will need to submit certain essential documents along with your application form:
- Valid Passport: Your passport must be valid for at least one year from the date of application.
- Proof of Sufficient Funds: Documentation confirming that you have adequate financial resources to support yourself and any dependents during your stay.
- Medical Insurance: Proof of medical insurance coverage, ensuring you meet Spain’s healthcare requirements.
- School Enrollment Documentation (if applicable): For applicants with children, a document verifying their school enrollment status in Spain.
Having these documents ready ensures a smoother application process, helping you meet Spain’s residency requirements efficiently.
Spain Overview
In 2023 Spain introduced a new residence by investment program – Spain Golden Visa. Spain Golden Visa allows non-EU citizens, who make a significant investment in Spanish real estate, invest in a company or create employment opportunities, to receive a residence permit for two years. As long as you maintain the investment, residency can be renewed indefinitely with no stay requirements. This opens opportunities to run a business in the EU, travel the Schengen zone visa-free and receive Spanish citizenship in 10 years.
The Spain Residence by Investment Program is ranked 7th out of 26 programs on the 2023 Global Residence Program Index.
Golden Residence Permit allows travel to over 171 countries visa-free.
Investment
Minimum investment of USD 100,000
Processing Time
Processing time of two to three months.
Key Benefit
Visa free travel to over 150 countries
Spain Investment Visa Requirments
- Real estate investment with a minimum value of EUR 500,000
- Investment funds, bank deposits, or listed company shares in Spanish financial institutions with a minimum value of EUR 1 million
- A government bonds investment with a minimum value of EUR 2 million
Family
Not only does the investor himself receive a residency permit, but so do all his family members:
- A spouse or unmarried partner
- Financially dependent children of any age (adult children must be full-time students),
- Financially dependent parents of the main applicant and/or their spouse who are 65 years and older
- Possibility to easily extend the residence permit and receive a EU citizenship in 10 years
Get full guide about the process
Benefits of Spain Golden Visa
Process
- Real estate investment with a minimum value of EUR 500,000
- Investment funds, bank deposits, or listed company shares in Spanish financial institutions with a minimum value of EUR 1 million
- A government bonds investment with a minimum value of EUR 2 million
- Low visa processing time
Global Mobility
- The Golden Visa allows you to travel across all of the Schengen zone countries with no additional visa needed
- Spanish citizenship gives you the opportunity to travel visa-free to 190 countries
- Travel Schengen countries without a visa for up to 90 days every 6 months
Health Protection
- Access to EU-level education and medicine
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Country Information
Official name is Kingdom of Spain (Reino de España) as it is a constitutional monarchy.
Spain is a very diverse country both geographically and culturally.
Mediterranean sea beaches, snow capped mountains, rainforests and even deserts can be found here.
Spain is a homeland for Basques, Catalans, Galicians, Andalusians and Valencians, all having vibrant and distinct local cultures and cuisines.
The national language is Castilian, better known as just Spanish, and contains many words of Arabic origin hinting at a vast historical heritage of the country.
Official religion is Roman Catholicism.
The Spanish economy continues to grow from the 1990s, foreign direct investment tripling in the last 20 years and making it one of the strongest economies in the EU.
Madrid is the capital of Spain, utilizing the EUR as its official currency, with an exchange rate of 1 USD to 0.89 EUR. The city has a population of 47 million and operates under a Constitutional Monarchy government system. Spanish and English are the predominant languages spoken in this vibrant Caribbean capital.
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FAQs about Spain’s Golden Visa
Adult non-EU citizens with legal income may apply for the Spain Golden Visa. They can include family members in the application: spouses, children and parents.
The Spain Golden Visa process typically takes 2-3 months after all documentation and investment requirements are completed.
Yes, you must buy one or several properties with a total value of €500,000 to qualify for the Golden Visa, which is a residence permit for investors.
Yes, you do. Personal presence is required for fingerprinting and collecting residence permit cards.
You may stay in Spain while your residence permit is valid. However, Golden Visa holders mustn’t relocate to the country to retain residency status.
Yes, you can live in Spain for as long as your Golden Visa is valid. The first Golden Visa is issued for three years and can be extended for another five years.
The first Spain residence permit is issued for three years, and the following ones are valid for five years.
You must pay taxes when purchasing investment real estate. Property buyers pay a transfer tax and associated fees, like stamp duty.
After getting a Golden Visa, you will have to pay taxes in Spain only if you become the country’s tax resident, start receiving income from Spanish sources, or run a business there.
After 10 years of residency, Golden Visa holders can apply for Spanish citizenship, provided they meet residency and language requirements.
