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Residency in Spain

The Spain Golden Visa Program was launched in 2013. According to its terms, applicants choose one of the investment options: buy real estate or securities, open a deposit in a Spanish bank or invest in a business. The minimum investment amount is €500,000.

Investors don’t have to take language and cultural exams. Besides, they are not required to live in Spain, and the law allows them to rent out the investment property.

The Golden Visa holder will be able to return the investments if they have lived in Spain for five years and obtained permanent residence. After another five years of living in the country, a permanent resident can apply for citizenship. However, there is a condition to give up the first passport.

Get a Complementary Consultation

€500,000+

Investment amount

2—3 months

Obtaining period

10 years

residence required toapply for citizenship

5 years

Return of real estate investment

Benefits of Residency in Spain

1
Visa-free travel to the Schengen countries
 

Spanish residents visit other Schengen countries without visas and spend up to 90 days every six months there.

 
2
Access to European education and healthcare
 

Investor’s children get the right to study at Spanish schools and universities, both private and public. The whole family can receive quality medical services in the clinics of the Schengen countries.

 

3

Working and doing business in Spain
 

An investor and their family members can obtain a work permit in Spain. Entrepreneurs get the right to transfer their businesses to Spain or create new companies.

 

4

EU citizenship in 10 years
 

An investor can obtain permanent residence after five years of living in Spain. In five more years, they can apply for Spain citizenship.

 

5

Flexibility of stay

A residence permit allows you to visit Spain anytime, even if the borders are closed for tourists. At the same time, the investor has no obligation to reside in Spain: an investor must visit the country only to extend the residence permit.

 

Terms of investment through the purchase of real estate

1 option
Real estate purchase. €500,000+

An investor buys residential or commercial property in Spain. If they include family members in the application, the investment amount will not increase.

A property can be owned by the investor or the company, where the investor is a controlling shareholder and owns most of the shares. If the applicant buys commercial premises on behalf of the company, they can get a tax deduction and return the paid VAT of 21%.

The investor can purchase one or several properties for a total value of €500,000. The law does not have the rule to invest the entire amount in one property. The investor can rent out the real estate and sell it after obtaining permanent residence.

2 option

One of the following conditions:
  • Opening a deposit in a Spanish bank;
  • Purchase of shares of Spanish comp;
  • Purchase of units in investment funds €1,000,000+

3 option

Purchase of government bonds €2,000,000+

Explore our portfolio of Spain
apartments and villas for sale

As investment
  • AED 2 825 000
As investment

Apartments with tourist license in Barcelona

  • AED 2 825 000
Barcelona, Spain
  • Beds: 3
  • 1313 Sq Ft
  • Apartment, City Center, Programs, Residential
Details
2 years ago
2 years ago

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