Spain Golden Visa

Residency by Investment

OVERVIEW

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.

500,000

Starting Program Cost in €

2

Approx Application Time in Months

26

Visa Free to Schengen (EU)

COUNTRY PROFILE

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.

RESIDENCY BY INVESTMENT

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.

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atlas citizenship

Currency
Euro

Official Language:
Spanish (Castilian)

Capital and Largest City:
Madrid

Estimated Population:
46.7 million

Approximate GDP:
USD $ 1.31 Trillion

Size:
505,988 sq km (195,363 sq mi)

Head of State:
King Felipe VI

Prime Minister:
Pedro Sanchez

INVESTMENT OPTIONS

Atlas Citizenship

A €500,000 Investment in Real Estate for the Spain Golden Visa Residency Program

The only requirement for the Spanish Golden Visa is investing 500,000 EUR in the real estate market plus 11/12% for property purchase costs.

There are no obligations to live in the country making logistics easier for international business people.  To maintain and renew this visa, the investor must only enter Spanish territory at least once a year.  Permanent residency and Citizenship are obtainable later on.  However, residency for specified periods is required for these options.

Investors must be Non EU citizens.  It can be extended to relatives and dependents of the buyer (spouse, minor children) as well as non-married partners.   Children >18 and parents who are economically dependent  can be included as well.

The law, approved by the Congress of Deputies and signed by King Juan Carlos I, came into operation on September 27, 2013.

EXPLORE SPAIN

EXPLORE SIMILAR PROGRAMS

Italy

Italy

Italy’s Investor Visa Program has 4 options to choose from, starting at 500,000 Euro.  Full Access to the EU.   The Flat Tax Program of 100,000 Euro per year regardless of income abroad is an option worth considering, a good contender with Monaco.

Greece

Greece

Greece’s Golden Visa Programs offers the most affordable route to permanent residency in Europe. An investment of 250,000 Euro is required in Greek real estate.

Portugal

Portugal

Portugal’s Golden Visa Program allows investors residency in the EU country with no physical requirements via several investment routes including real estate with monthly income and capital recovery

Cyprus

Cyprus

The Cypriot Government has a combination of incentives to attract applicants to its Citizenship by Investment program .  Minimum investment starts at 2 million Euros.  This grants full citizenship to applicants as well as access to EU member countries.

Malta

Malta

Malta was the first EU Citizenship by Investment Program to be approved.  Citizenship is granted to individuals in good standing who contribute 1.15 million Euro to the island via donation, real estate and Gov’t bond purchases.

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Visa Free Countries for EU Residency

AustriaHungaryNorway
BelgiumIcelandPoland
Czech RepublicItalyPortugal
DenmarkLatviaSlovakia
EstoniaLiechtensteinSlovenia
FinlandLithuaniaSpain
FranceLuxembourgSweden
GermanyMaltaSwitzerland
GreeceNetherlands

This list may be subject to change by the concerned Governments