Spain has a rich and vibrant secular culture, a well preserved historical heritage and it is a highly industrialized nation. It implemented its Golden Visa scheme in 2013 to support its plan for internationalization and entrepreneurship in the country.
The main aim of the Spanish Golden Visa from the beginning was to promote and to boost the Spanish Economy, to help create new jobs and attract new talents. The SPanish Golden Visa programme is a great opportunity for non-EU nationals to get a residency permit via investment activity.
Investment Options
- Invest at least EUR 500,000 in Real Estate market (mortgage free)
- Invest EUR 2 million in Spanish public debts
- Invest EUR 1 million into the shares of Spanish companies or bank investments
- Start a business in Spain of general interest, which creates employment and contribute to technological or scientific innovation, or alternatively has a postive socio-economic impact on the local area
Main Requirements
- Over 18 years old
- Must be an investor, entrepreneur, researcher or highly qualified professional
- Have public or private health insurance from a company authorized to operate in Spain
- Have sufficient financial means/funds, available to cover personal and family living expenses
- Not been refused entry into any Schengen countries
- Not entered Spanish territory or stayed illegally
- Have no existing criminal record in Spain or in their place of residence for the last five years
Benefits of Spanish Residence Program
- Grants entry and free movement within EU (Schengen area)
- Allows residence/visa to be extended to their spouse or partner, minor children, and financially dependent parents
- Only one visit per year to Spain required to maintain the residence permit
- The first residence permit issued to investors is valid for two years. After this period, investors interested in residing in Spain for a longer period, may apply for a renewal of the residence permit for successive periods of 5 years (as long as the conditions are maintained)
- Right to work as an entrepreneur or employee once the first residence permit is issued
- Eligible to apply for a Spanish citizenship, usually after 10 years (or less, depending on criteria/conditions)
Please contact us for more detailed information.