Golden Visa - your ticket to life in Spain
The Golden Visa is a residency permit issued to any non-EU national who intends to invest significantly in the Spanish economy. This can be an investment into property, shares, bonds or a business venture in Spain. A property investment must have a minimum value of €500,000 to be eligible.
The Golden Visa entitles you to live and work in Spain for more than 90 days whilst also allowing you access to public services. Initially, the Golden Visa is valid for two years. It can be renewed indefinitely, in 5-year periods, allowing you to apply for permanent residency after five years and Spanish citizenship after ten years.
The Golden Visa entitles you to live and work in Spain for more than 90 days whilst also allowing you access to public services. Initially, the Golden Visa is valid for two years. It can be renewed indefinitely, in 5-year periods, allowing you to apply for permanent residency after five years and Spanish citizenship after ten years.
Who is eligible for the Spanish Golden Visa?
To be eligible, you must invest in the Spanish property market worth at least €500,000. This could be one single unit or several units that cost €500,000 or more. To confirm ownership, you will need to submit the certificate issued by the Land Registry.
In addition to the investment, you must:
- Have enough financial means to sustain yourself and your family.
- Have a clear criminal history.
- Have no rejected applications for a Schengen visa.
- Be 18 years old or older.
- Have valid health insurance in Spain.
Is it possible to get a loan to apply for a Spanish Golden Visa?
No, you cannot apply for a Golden Visa for Spain if you acquire the money via a loan. You must make the initial investment in total.
However, if you purchase a property worth more than €500,000, you can use loans and financing to pay for the amount exceeding €500,000.
However, if you purchase a property worth more than €500,000, you can use loans and financing to pay for the amount exceeding €500,000.
Other benefits of a Spanish Golden Visa
Citizenship
A Golden Visa can entitle you to become a Spanish citizen depending on where you buy a house. As a full citizen of the country, you will then have access to all the benefits that entails – both in Spain and throughout the EU.
Family
A Spanish Golden Visa offers you and your family members residency in Spain. Such family members include your spouse or partner, children and adult children who are financially dependent on the investor and who have not created a family unit of their own, and dependent elderly parents.
Flexibility
With a Golden Visa, There isn’t a maximum number of days you can stay until you have to leave the Schengen area. And you will be free to travel to other countries for as long as you need to, both inside and outside the EU, without worrying about being let into Spain again.
Work
No additional formalities are required for you to be able to work in Spain. From the moment you arrive via the Spanish Golden Visa Program, you’re legally allowed to work and carry out professional activities.
Services
You and your family will have full access to the country’s health and education systems.
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