SPAIN

GOLDEN VISA

Spain Golden Visa, introduced by the Spanish Government in 2013, enables non-EU citizens and their families to obtain a Temporary Residence Permit. The permit is also available to spouses and dependent children under the age of 18. The program does not grant access to free healthcare, education, or social benefits, so applicants must demonstrate sufficient financial resources and health insurance.

CITIZENSHIP INVEST IS A TRUSTED PARTNER
FOR OBTAINING SPANISH GOLDEN VISA

With years of experience and a proven track record with various Governments, Citizenship Invest guarantees the highest success rates. We assist hundreds of individuals and families each year in obtaining a second residency or citizenship by investment. Citizenship Invest has successfully assisted clients from over 85 countries worldwide. Most importantly, we have a long-term view of ‘client-advisor’ relationships and commit to our clients for life.

PROGRAM OVERVIEW

In September 2013, the Spanish Government introduced Law 14/2013 to support entrepreneurs and internationalisation. The law allows non-EU citizens and their families to obtain a Spanish Residence Permit by investing in Spanish Real Estate valued at over €500,000. The investment can be made by an individual or legal entity (company) wholly owned by an individual, but no bank loan or mortgage can be used. The permit is granted indefinitely but requires the owner to visit Spain annually to renew and receive the replacement EU National Identity Card.

PROGRAM BENEFITS

SIMPLE PROCESS
EASY PATHWAY

No interview, language test, education, or management experience is required.

The Spain Golden Visa can easily be renewed for a further 5 years.

No stay requirement to maintain the permit.

Path to Citizenship
Naturalization is possible after 10 years of continuous legal residency. For nationals of Latin American countries, Andorra, the Philippines, Equatorial Guinea, Portugal, or individuals of Sephardic origin, only 2 years of continuous residency is required.

GLOBAL MOBILITY
TRAVEL FREELY

The Spain Golden Visa allows you free travel to Europe including the 29 Schengen countries.

After you have reached 10 years under the conditions above, you can apply for Spanish nationality.

A residence visa which is valid for 2 years (Golden visa) is issued initially.

Once it expires, it can be renewed for 5 more years, provided your investment is still in place.

If you have spent at least 6 months in Spain every year, after 5 years, you can apply for a permanent residency of 5 years. After a total of 10 years holding the permanent residency, 5 years of which have been residing in Spain, you can apply for Spanish nationality.
LIFESTYLE
WORK & TAX

Spanish Residence permit extends to Spouse and children below 18 years of age.

Work Rights
The Spanish Golden Visa also allows you to stay and work in Spain without applying for another visa or work permit.

You obtain the right to work as an entrepreneur or employee once granted the 2-year permit.

Taxation for Non-Residents
Limited taxation if you are in the country for less than 6 months per annum, you only pay taxes on the initial purchase of your real estate and after that on the value of your assets in Spain, if any.

VISA-FREE TRAVEL FOR SPAIN GOLDEN VISA

The Spain residency permit allows visa-free travel to Europe including 29 countries in the Schengen zone.

33
COUNTRIES

The Spain residency permit allows visa-free travel to Europe including 29 countries in the Schengen zone.

EUROPE
  • Austria
    Belgium
    Bulgaria
    Croatia
    Cyprus
    Czech Republic
    Denmark
    Estonia
    Finland
    France
    Germany
    Greece
    Hungary
    Iceland
    Italy
    Latvia
    Liechtenstein
    Lithuania
    Luxembourg
    Malta
    Monaco
    Netherlands
    Norway
    Poland
    Portugal
    Romania
    San Marino
    Slovakia
    Slovenia
    Spain
    Sweden
    Switzerland
    Vatican City

*The list of countries is subject to variations depending on each government's policy and so is access to these countries.

INVESTMENT TYPE & COSTS

To get residency in Spain through investment, you must invest in its real estate market.

OPTION 1

REAL ESTATE INVESTMENT IN SPAIN

Proof of property ownership is required through a Land Registry certificate within three months before the application.

  • Minimum Investment EUR 500,000
GOVERNMENT FEES

There are government fees to pay in addition to acquiring real estate.

  • Fees Per Applicant EUR 500

OTHER COSTS

In addition to the required investment, there are other costs for the Spain Residency by Investment Program, which are Citizenship Invest professional fees, documents certifications when applicable, courier fees, and other small disbursements. Please get in touch with us if you wish to receive a detailed quotation outlining all costs.

APPLICATION PROCESS AND TIMELINE

  • WEEK
    1-2

    First Step

    Client signs Citizenship Invest Retainer Agreement, and pays the retainer invoice to proceed with the next step.


    The property selection can be done remotely by the client. However, should the client wish to visit Spain to select the property, the client must apply for a Tourist Visa at the Spanish Consulate in their country of residence or origin.(if applicable)


    WEEK
    1-2

  • WEEK
    2-8

    Residency Application Submission

    The lawyers execute the purchase of the property, and all investment documentation is collated.


    Property purchase costs and taxes will be payable at this point.


    Obtaining the residency visa is subject to furnishing the Property Sale Contract.


    All documentation for the Residency Application is finalised.


    Once the file is ready, it is submitted to the Government, and the government fees are payable at this point.


    Payment of Citizenship Invest Professional Fees is also payable upon file submission.


    WEEK
    2-8

  • WEEK
    8-9

    Golden Visa Approval

    Once the Government has reviewed the file, officials advise CI whether the applicant has been given Residence Visa approval.


    WEEK
    8-9

  • WEEK
    10-11

    Receiving the Residency Permit and Professional Fees Payment

    Residence Visa is issued.


    Payment of Citizenship Invest’s final professional fees is required to complete the process.


    WEEK
    10-11

The estimated time for Spain residency by investment visa approval depends on the processing time for due diligence and the individual case.

DOWNLOAD
SPAIN RESIDENCY BROCHURE

CONTENT
  • Program Overview
  • Citizenship Law
  • Benefits of the program
  • Applicants Qualifications
  • Investment requirements
  • Application Fees
  • Document Checklist
  • List of countries Visa free and on arrival
DOWNLOAD

15 pages 700Kb

Eligibility requirements

Non-EU Citizen

The applicant must be over 18 years of age and a non-EU/EEA citizen.

Investment

Make a minimum real estate investment of €500,000.

Financial Ability

The applicant must have enough financial means to sustain themselves and any family members.

Good Character

The applicant must have no rejected Schengen Visas.

REQUIRED DOCUMENTS

At Citizenship Invest, we assign a dedicated Document Collection Specialist for each case, streamlining the application process and reducing paperwork. We can also obtain the necessary documents on behalf of our clients if requested. Please note that the following list is for guidance only, not legal advice. After assessing your case, we create a customised checklist for a hassle-free document collection process.

  • Certified copy of valid passport
  • Schengen Visa
  • International health insurance policy with hospitalisation and medical expenses coverage in a public hospital in Spain for the entire duration of your stay.
  • Valid Medical Travel Insurance covering all Schengen countries valid for the duration the Schengen Visa.
  • Original or certified copy of the birth certificate with an official translation in Spanish or English, attested by the Spanish Consulate. The applicants whose father’s name does not appear on their birth documents must submit a family address book.
  • Flight Ticket Reservation to Spain (issuance not necessary)
  • Proof of accommodation (Hotel, friends or relatives)
  • Three (3) original passport-size photos

Proof of Address:

  • Provide an official Utility Bill with the residential address, officially tranlated in English or Spanish translation, legalised and apostilled with the Spanish Consulate of Residence.

Proof of Work and Income:

  • Employment letter and Company ownership documents.
  • Must confirm the applicant’s work address, type of work, and annual income translated to English or Spanish, and attested by the Spanish consulate

Bank Statements:

  • Bank Statements for the last six months are required.

Marriage Documents

  • Original or certified copy of marriage certificates with an official Greek or English translation and attested by the Spanish consulate.

Divorce Documents

  • The applicants must provide a certified copy of the divorce document, translated and attested by the Spanish consulate.

FAQS

Frequently Asked Questions
Normally, the processing time for a Spain Golden Visa application is around 2 to 3 months, but it could take up to 10 months in certain situations. Once the investment funds are available in a Spanish bank account, the residency visa application can be completed in as little as 10 to 15 days. Additionally, receiving the residence permit within 60 days of submitting a Spain Golden Visa application is feasible.
Yes, the Spain Golden Visa permits an individual to both reside and work in Spain. Essentially, the Golden Visa is a residency permit provided to non-EU citizens who make a noteworthy investment in Spain, whether it be purchasing real estate, investing in a company, or generating employment opportunities. Not only does this permit the recipient to live and work in Spain, but it may also result in permanent residency and, ultimately, citizenship. Moreover, the program is versatile in terms of the family possibilities it provides, and there is no minimum stay prerequisite.
Yes, it is possible to apply for Spanish citizenship after obtaining a Spain Golden Visa. Golden Visa holders will become eligible to apply for Spanish citizenship after a ten-year legal residency period and holding permanent residency, subject to meeting language and other requirements, such as financial stability and no criminal record. For nationals of Latin American countries, Andorra, the Philippines, Equatorial Guinea, Portugal, or individuals of Sephardic origin, only 2 years of continuous residency is required.
To obtain a Spain Golden Visa, there are no specific language requirements mentioned. The primary requirements include being over 18 years old, being a non-EU/EEA citizen, and making a qualifying investment in Spain. However, when submitting documents for the application, foreign documents must be translated into Spanish by an official translator. It is important to note that to apply for Spanish citizenship after ten years of residence, applicants must meet language and other requirements.
If the investment made for a Spain Golden Visa fails or loses value, it may affect the renewal of the residence permit. One of the common mistakes in the Golden Visa process is not maintaining the initial investment, which can lead to issues during the renewal of the residence permit. You may lose the residence permit if you liquidate your investment in Spain or fail to meet one of the investor requirements. Maintaining the asset throughout the Golden Visa is essential to ensure a smooth renewal process and avoid jeopardising your residence status in Spain.
You cannot apply for a Spain Golden Visa if you acquire the money for the investment via a loan. The investment must be made using your funds, and the options include investing €500,000 in the property.

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