Spain Golden Visa

Spain Golden Visa – An investment starting from €500,000 in real estate will grant a Residency Visa in Spain for you and your dependent family members.

Spain introduced a ‘Golden Visa’ in 2013 that offers residency permits in return for an investment of at least €500,000 or more in a Spanish property. The objective of the law is to attract investors to Spain.

Investors are initially granted a Residency Visa for one year. At the end of this initial year, the visa is renewable for two years each time. After five years, the visa must be renewed every five years, which means the investor must hold the property for life. Investors will also need to visit Spain once during each residency period.

Please note dependent children cannot apply for renewal once they establish their own independent life or start working.

After ten years of residency, the investors can apply for citizenship if they can provide evidence of at least six months of residency each year during the last ten years in Spain.

Advantages of Spain Golden Visa:

Properties purchased can be rented out, providing good rental income
No double taxation
The Spanish Residency Visa or Residency Permit allows investors and their families to travel to all Schengen countries

The Key Requirements for the Property Investment Route Are:

Buying a property or properties valued at a total of at least €500,000
The property or properties must be retained for at least ten years
The applicant must visit Spain once during each residency period