Spain’s Golden Visa allows investors a path to permanent residency in Spain via a real estate investment of 500,000 Euro.
The option is renewable after 2 years. After 5 years, permanent residency can be obtained and after 10 years, citizenship.
Filled with an eventful past of explorers and conquistadors, Spain was a world power until the 19th century. After a bitter civil war fought in the 1930s, Spain was subjected to dictatorship rule under General Francisco Franco until 1975. They then transitioned to a democratic state and built a flourishing economy with King Juan Carlos as Head of State.
Today, Spain has the world’s fourteenth largest economy by nominal GDP. It is fifth-largest in Europe behind Germany, United Kingdom, Italy and France. Leading sectors of Spain’s economy include manufacturing, financial services, pharmaceuticals, textiles and apparel, chemicals and tourism.
Popular destinations in Spain include Barcelona, Madrid, the South coast of Spain such as Marbella and other cities like Toledo, Seville and Valencia.
The Spanish Golden Visa Residency Program was signed into law in September 2013. The requirement is an investment of 500,000 Euro in real estate for 2 year renewable residency.
It is possible to apply for permanent residency in Spain after living in the country for five years. Citizenship can be applied for after living full time for ten years. The Spanish Golden Visa allows for a temporary residency permit and can be easily renewed without living in the country. However, the route to both permanent residency and citizenship requires the investor and their family to reside in Spain.
Capital and Largest City:
USD $ 1.31 Trillion
505,988 sq km (195,363 sq mi)
Head of State:
King Felipe VI
Tibidado Barcelona, Spain
Cathedral in Barcelona, Spain
Plaza Espana Seville, Spain
Parco del Ritiro Madrid
Royal Palace of Madrid
This list may be subject to change by the concerned Governments