Spain

Golden Visa Program

Spain Golden Visa Program offers non-EU nationals the opportunity to reside, study, and work in Spain, with a pathway to permanent residency and citizenship.

Spain Golden Visa Program

The Spain Golden Visa Program offers non-EU nationals the opportunity to reside, study, and work in Spain, with a pathway to permanent residency and citizenship. Spain’s high living standards and developing economy make it an appealing choice for relocation. After five years of temporary residence, applicants can apply for permanent residency, and after ten years, for citizenship through naturalization.

  • Population: Over 47 million inhabitants
  • Languages: Spanish
  • Economy: Diverse economy with strengths in tourism, manufacturing, and services
  • Currency: Euro (EUR)
  • Political Climate: Stable parliamentary monarchy. Spain is an EU member with a well-functioning democratic system and active participation in European and global politics.
  • Visa-Free Travel: 188 countries.
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Advantage

  • Residence for the Whole Family: The Golden Visa allows the primary applicant to include their spouse or defacto partner, children under 18, and dependent adult children and parents over 65.
  • Freedom of Movement: Visa holders can travel freely within the Schengen Zone without additional visas.
  • Work Authorization: The visa grants the right to live, work, and study in Spain.
  • Path to Permanent Residency and Citizenship: After five years of continuous residency, holders can apply for permanent residency. After ten years, they are eligible to apply for Spanish citizenship.
  • No Minimum Stay Requirement: There is no minimum stay
    requirement to renew the visa, allowing flexibility for investors who may not wish to reside in Spain full-time.
  • High Quality of Life: Spain offers a high standard of living, excellent healthcare, education, and a favorable climate.

Process

  • Choose Investment: Select the preferred investment option (real estate, business, or government bonds.) and make the required investment.
  • Prepare Documentation: Gather necessary documentation, including proof of investment, clean criminal record, health insurance, and financial means.
  • Submit Application: Apply for the visa at the Spanish consulate in the applicant’s home country or directly in Spain.
  • Visa Issuance: Upon approval, the visa is issued, typically within 20 days. The initial visa is valid for one year.
  • Obtain Residence Permit: After arriving in Spain, apply for a residence permit, which is valid for three years and renewable every five years.
  • Renewal: Renew the residence permit every five years. There is no requirement to live in Spain full-time, but the investment must be maintained. For the duration of the visa.
  • Permanent Residency and Citizenship: After five years of continuous residency, apply for permanent residency. After ten years, apply for Spanish citizenship if desired or less, dependent upon applicants background and citizenship.

Requirements

  • Non-EU Nationals: The program is available to non-European Union nationals.
  • Clean Criminal Record: Applicants must have no criminal record in Spain or any country they have resided in the past five years.
  • Health Insurance: Applicants must have public or private health insurance valid in Spain.
  • Financial Means: Proof of sufficient financial means to support themselves and their family members during their stay in Spain.

Investment

  • Real Estate: Minimum investment of €500,000 in Spanish real estate, which can be one or multiple properties.
  • Business: Investment in a business project in Spain considered of general interest, creating jobs, having a socioeconomic impact, or contributing to scientific/technological innovation.
  • Government Bonds: Investment of at least €2 million in Spanish public debt.
  • Bank Deposit: Deposit of at least €1 million in a Spanish financial institution.
  • Shares or Stocks: Investment of at least €1 million in shares of Spanish companies or bank deposits.

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