Spain's residence by investment program, often referred to as the Spain Golden Visa, permits foreign nationals to make substantial investments in the country and apply for an investor visa. Successful applicants, along with their families, gain visa-free access to Europe's Schengen Area.
Investment
Minimum investment of EUR 500,00
Processing time
Approximately 20 days for the immigration procedure
Key benefit
The right to live, work, and study in Spain, and freedom of travel to the EU and Europe’s Schengen Area
Spain stands as one of the most coveted destinations globally, attracting investors with its unparalleled allure. With millions of visitors flocking to its shores annually, drawn by its stunning landscapes, pristine beaches, vibrant culture, and storied past, Spain holds undeniable appeal. For those aspiring to call this dynamic nation home, the Spain Residence by Investment Program offers a streamlined path to residency. The Spanish government has allocated a significant number of visas for individuals eager to make substantial, qualified investments in the country, thereby bolstering the economy through foreign direct investment.
Under this program, individuals and their immediate family members can secure residency in Spain, via a temporary residence permit, in under a month. Subject to prevailing immigration regulations and criteria, investors can attain permanent residency status after five years of uninterrupted residence in Spain, with the potential to subsequently obtain Spanish citizenship.
The Spain Residence by Investment Program mandates that foreign individuals meet one of the following investment criteria within the country:
Documentation substantiating the investment must be furnished as part of the application process.
The program necessitates applicants to complete designated forms and submit them alongside the requisite fees and supporting documents. Typically, residence permits are issued following a 20-day deliberation period, initially valid for three years. Upon request, these permits can be renewed for five years, contingent on the maintenance of a minimum investment in Spain by the applicant.
The application procedure encompasses two stages:
The residence permit extends to the primary investor, spouse or partner (inclusive of unmarried or same-sex unions), and all economically dependent descendants.
While there exists no obligatory minimum stay to uphold residence status, obtaining the initial residence permit necessitates a visit to Spain.
Residents are eligible to seek citizenship solely after completing ten years of residency in Spain. Nevertheless, Sephardic Jews and nationals of Equatorial Guinea, Latin America, and the Philippines can pursue Spanish citizenship after just two years of effective residence in the country. Dual citizenship limitations are applicable to the majority of foreign nationals.
If you have any inquiries or would appreciate a comprehensive breakdown of the specific costs for your family, please don't hesitate to reach out to us. We would be more than happy to assist you.
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