Spain's Residence by Investment Program allows non-European Union nationals to gain a residence permit in Spain through different types of investment. The program was introduced in 2013 to attract foreign direct investment and stimulate the Spanish economy. Successful applicants receive a residence visa, which can be renewed periodically and ultimately lead to permanent residency and citizenship if certain conditions are met.
EUR 500,000 Minimum Investment in Real Estate
EUR 1 Million Minimum Investment in Spanish Shares or Businesses
EUR 1 Million Minimum Investment as a Bank Deposit in a Spanish Financial Institution
EUR 2 Million Minimum Investment in Government Bonds
3-6 months
Spouse or life partner, financially dependent unmarried children (including adoptees), parents & grandparents
Spain, situated on the Iberian Peninsula in Europe, is popular for its rich cultural heritage, epitomized by flamenco dancing, bullfighting, and remarkable architectural feats. Its diverse landscapes encompass the snow-capped Pyrenees, the sun-soaked Costa del Sol, and the green plains of Andalusia. The country is internationally renowned for its world-class gastronomy, featuring tapas, paella, and a wide array of delectable wines. Barcelona and Madrid, the two major cities, are revered for their artistry and vibrancy, housing landmarks like the Sagrada Familia and the Prado Museum.
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Spain's Residence By Investment Program, also known as the Spain Golden Visa, is an initiative that offers non-European Union residents the opportunity to obtain a residency permit in Spain in exchange for a significant economic investment in the country. This visa program grants a renewable residence permit and provides the investor with the right to live and work in Spain, as well as free movement within the Schengen area. The residence permit is initially granted for one year and can be extended if the investment is maintained.
Visa-free travel in the Schengen
area countries
Access to affordable public healthcare regardless of your income or employment status
Access to quality education system which is free for children up to the age of 16
Right to live, work and study in Spain without any restrictions
Obtain permanent residence in approximately 3-6 months
Eligible for a Spanish citizenship after 5 years of stay in the country
The program offers immediate residency in Spain, a country with a high standard of living, rich culture, great weather, and excellent healthcare and education systems.
Holders of the Spanish Golden Visa can travel freely within the 27 countries of the Schengen Zone without the need for additional visas.
There is no minimum stay requirement. You only need to visit Spain once in the first year and once in the second year to keep the residency active.
After five years of continuous residence, you can apply for permanent residency, and after ten years, citizenship is an option.
Your spouse, financially dependent unmarried children of any age, and dependent parents & grandparents also can be included in the application.
The visa holders have the right to work, set up a business, or be self-employed in Spain.
Children will have access to Spain's education system, from primary school to university.
There are multiple options to invest in, including real estate, business projects, and government bonds.
Spain has double taxation treaties with many countries, which can benefit you as an investor depending on your circumstances. If you are a non-resident, then you are only taxed on your Spanish income.
Real Estate
A minimum investment of EUR 500,000 needs to be made in a residential or commercial property located in Spain. The property must be purchased from a Spanish developer or individual.
Government Bonds
A minimum investment of EUR 2,000,000 to be made in Spanish Government Bonds with a maturity of at least 5 years. The bonds must be bought from a Spanish bank or financial institution, and they need to be held for minimum 5 years.
Share or Investment Funds
A minimum investment of EUR 1,000,000 needs to be made in shares or investment funds that are listed on a Spanish Stock Exchange. These shares / funds must be purchased from a Spanish broker or financial institution.
Bank Deposit
A minimum amount of EUR 1,000,000 must be deposited in a Spanish bank and the deposit amount should be held for minimum 5 years.
Additional Fees: In addition to the investment, applicants are required to pay government fees, due diligence fees, and legal fees associated with the application process. Please speak with our consultant for more details.
Do you have any queries? Find answers to the most commonly asked questions regarding the citizenship or residency program offered by this country.
Yes, Spain’s Investor Visa can lead to citizenship, provided you live in Spain for a minimum of 10 years. Even though the process of becoming a resident of Spain through investment is relatively simple, to receive a passport, you must live in Spain for at least six months every year for a decade.
No, using borrowed money to apply for a Golden Visa for Spain is not allowed. You must make the initial investment fully from your own funds and you should be the sole owner of the investment.
Yes, the Spain Golden Visa allows you to live and work anywhere in Spain.
Yes, the Spain Golden Visa can include family members. This usually covers the investor’s spouse, financially dependent children of any age, and, in some cases, dependent parents who are over 65 years of age.
