SPAIN
Situated in Southwestern Europe, Spain is regarded as one of the world’s most popular holiday destinations. It is a vibrant country admired for its majestic landscapes and excellent quality of life and a nation with a rich history and unique culture and traditions. Spain has one of the most important economies in Europe. It is also a full member of the EU and the Eurozone.
INVESTMENT
Minimum investment of EUR 500,000
KEY BENEFIT
The right to live, work, and study in Spain, and freedom of travel to the EU and Europe’s Schengen Area
THE SPAIN RESIDENCE BY INVESTMENT PROGRAM
Spain is one of the most desirable destinations worldwide and is a highly sought-after location for investors. The country attracts millions of visitors every year with its amazing nature, beautiful beaches, diverse culture, and rich history. For those who wish to reside in this lively country, the Spain Residence by Investment Program is the most efficient way to acquire such status. The Spanish government has allowed for a substantial number of visas for individuals who wish to make a significant, qualified investment into the country that would boost the economy through foreign direct investment.
Under the residence by investment program, individuals and their immediate family members can become residents of Spain (through a temporary residence permit) within less than a month. Subject to general immigration rules and requirements, residents by investment can acquire permanent residence status after five years of continuous residence in Spain, and may gain Spanish citizenship thereafter.
BENEFITS OF A SPANISH GOLDEN VISA
High quality of life
Ability to include a spouse or unmarried partner, financially dependent children of any age (adult children must be full-time students), and financially dependent parents of the main applicant and/or their spouse who are 65 years and older
Access to the public healthcare and education systems in the country
A vibrant EU country that has majestic landscapes
The possibility to apply for Spanish citizenship after two years of effective residence for Sephardic Jews and their descendants, and for citizens of Ibero-American countries, Andorra, Equatorial Guinea, Portugal, and the Philippines
Top-tier international and private schools and universities teaching in both Spanish and English. Henley & Partners Education can assist in securing the best educational opportunities for your family
Spain golden visa requirements
The Spain Residence by Investment Program requires that a foreign individual fulfills one of the following investments in the country:
The acquisition of real estate with a minimum value of EUR 500,000 (one or several properties)
Investment funds, bank deposits, or listed company shares in Spanish financial institutions with a minimum value of EUR 1 million
A government bonds investment with a minimum value of EUR 2 million
Documentary evidence of the investment must be provided as part of the application process.
PROCEDURES FOR THE SPANISH GOLDEN VISA
Applications to the program must be made through the prescribed forms and must be accompanied by the appropriate fees and supporting documents. Residence permits have an initial duration of three years and are renewable for five years upon request, provided that a minimum investment in Spain is maintained by the applicant.
The application process comprises two stages:
In the first phase, applicants apply in their home country for a Spanish residence visa that allows them to reside and work in Spain for one year.
In the second phase, applicants apply for a Spanish residence permit. If they have come to Spain on an ordinary tourist visa, they may apply for the residence permit directly, thus omitting the first phase.
The residence permit applies to the main investor, spouse or partner (including unmarried or same-sex unions), and all economically dependent descendants.
There is no minimum stay requirement to maintain residence status but obtaining the first residence permit requires a visit to Spain.
Citizenship
Residents may apply for citizenship only in their 10th year of residence in Spain. However, Sephardi Jews and citizens of Equatorial Guinea, Latin America, and the Philippines can apply for Spanish citizenship after only two years of effective residence in Spain. Dual citizenship restrictions apply to most foreign nationals.
SPAIN RESIDENCE BY INVESTMENT PROGRAM FREQUENTLY ASKED QUESTIONS
What is the Spain Residence by Investment Program?
The Spain Residence by Investment Program, also known as the Spanish Golden Visa, offers residence to individuals and their families through significant economic contributions to the country.
What are the investment options available for the Spain Residence by Investment Program?
Investment options include real estate purchases, investments in Spanish businesses, and contributions to government bonds.
What are the benefits of obtaining Spanish residence through investment?
Benefits include the right to live, work, and study in Spain, visa-free travel within the Schengen Area, and access to a high quality of life.
What is the minimum investment required for the Spain Residence by Investment Program?
The minimum investment starts at EUR 500,000 for real estate purchases.
How long does it take to process an application for the Spain Residence by Investment Program?
Processing times for residence by investment applications may vary. Please contact us to find out more.
Can family members be included in the Spain Residence by Investment application?
Yes, the main applicant can include their spouse, dependent children, and dependent parents in the application.
What are the residence requirements for the Spain Residence by Investment Program?
There are no mandatory residence requirements, but applicants must visit Spain at least once during the first year and maintain their investment for a certain period.
What documents are required for the Spain Residence by Investment application?
Required documents include a valid passport, proof of investment, health insurance, a clean criminal record, and other supporting documents.
Is it possible to obtain Spanish citizenship through the Residence by Investment Program?
Yes, after maintaining residence for ten years, investors may be eligible to apply for Spanish citizenship.
What is the process for applying to the Spain Residence by Investment Program?
Applicants must make a qualifying investment, submit the application with the necessary documents, undergo a due diligence process, and visit Spain to capture biometric data.