Introduced in 2013, the Spain Golden Visa program encourages global investors to participate in the real estate market. Spain’s Golden Visa by Investment stands as one of the most sought-after programs in Europe, offering remarkable benefits.
If you are considering relocating to Spain, the residence by investment program might attract your interest. This program grants individuals and their immediate family members the opportunity to become residents of Spain within a month by obtaining a temporary residence permit. By adhering to the general immigration rules and fulfilling Spain’s Golden Visa requirements, you can attain permanent residence status after continuously residing in Spain for five years. Moreover, after obtaining permanent residence status, you have the option to pursue Spanish citizenship.
The Spain Golden Visa presents a plethora of advantages and privileges. This section delves into the benefits available to Golden Visa holders in Spain, including visa-free travel to Schengen areas, the opportunity for spouse, children, and dependent parents to obtain residence in Spain, exemption from language proficiency and minimum stay requirements, access to public healthcare and education systems, eligibility for permanent residence after five years, the ability to obtain a work permit, swift issuance of residency permits, and low government and renewal fees.
Investors in Spain have the opportunity to purchase commercial and residential real estate properties. When including all family members, the total price remains at EUR 500,000, ensuring no increase in cost. Investors can acquire one or multiple properties with a combined value of EUR 500,000. Once permanent residence is obtained through the Spain Golden Visa, the property can be sold or rented out.
There are no official plans from the ministry to terminate the Spain Golden Visa program at this time.
Yes, it is possible to live in Spain without being employed. The key requirement is to demonstrate sufficient financial resources to support yourself and your family without the need for employment.
To obtain a Golden Visa for Spain, an investor must invest €500,000 in real estate. This can be either commercial or residential property, with a minimum value of $500,000, which can be in the form of a single property or multiple properties.
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