If you are interested in obtaining a Golden-Visa in Spain this blog post will help to answer you Golden-Visa in Spain 2023 FAQ.
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In this post we cover the following: (click any section to see its content)
Golden-Visa in Spain FAQ:
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- HOW TO OBTAIN A GOLDEN-VISA »
- WHAT IS THE MINIMUM INVESTMENT »
- IS PROPERTY ACQUIRED PRIOR TO 07/2013 SUITABLE »
- HOW TO APPLY FOR A GOLDEN-VISA »
- WHO CAN REQUEST A RESIDENCY AUTHORIZATION AS AN INVESTOR FOR THE GOLDEN VISA »
- WHICH FAMILY MEMBERS CAN I REUNITE WITH THE GOLDEN VISA »
- DURATION OF THE AUTHORIZATION AS AN INVESTOR »
- RENEWING THE RESIDENCY CARD AS AN INVESTOR »
- DOES THIS RESIDENCY PERMIT ITS HOLDER TO WORK IN SPAIN »
- VALIDITY OF THE INVESTOR RESIDENCY CARD »
- TRAVEL FROM SPAIN DURING MY GOLDEN VISA RESIDENCY »
- TYPES OF RESIDENCY AVAILABLE IN SPAIN »
HOW TO OBTAIN A GOLDEN-VISA:
To qualify for the Golden-Visa in Spain it is required to invest in a freehold property, without a mortgage, worth 500,000 euros or through a Residency Authorization as an Investor in Spain with the deposit of 1 million Euros in a Spanish Bank account in the applicant’s name.
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MINIMUM INVESTMENT OF PROPERTY WORTH 500,000 EUROS:
You qualify for a Golden Visa or Investor Residency whether you buy a single property valued at 500,000 euros or multiple properties adding up to that amount of if you deposit 1 million euros in a Spanish bank account in the applicants name.
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PROPERTY ACQUIRED PRIOR TO 07/2013 DOES NOT QUALIFY FOR ITS OWNER TO OBTAIN RESIDENCY AS AN INVESTOR OR GOLDEN VISA:
You can only apply for a Golden-Visa if the property was purchased after the enactment of the Entrepreneurship Law on September 28, 2013.
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HOW TO APPLY FOR A GOLDEN-VISA:
How to apply for a Golden-Visa
It is required to submit your application for Residency Authorization as an Investor through the correct channels of the Spanish government (UGE).
Should you use our legal services, we will work together with you to prepare the required certificates and documents, advise on which ones of these need to be translated and which need to carry an apostle, complete the application documents, attach any other required legal letters, compile, and make the application. Once you arrive in Spain, we will also organise appointments for you to complete your residency here.
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WHO CAN REQUEST A RESIDENCY AUTHORIZATION AS AN INVESTOR FOR THE GOLDEN VISA?:
The interested party or their duly accredited legal representative can apply for the Residency Authorization as an Investor or Golden Visa.
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WHICH FAMILY MEMBERS CAN I REUNITE WITH THE GOLDEN VISA?:
As first family members, you can reunite your spouse or common-law partner together with your children who are minors or adult children who are financial dependants. Parents who are also financial dependants can also be reunited.
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WHICH FAMILY MEMBERS CAN I REUNITE WITH THE GOLDEN VISA?:
The initial Residency Authorization as an Investor is valid for three years if applied for in Spain and one year if applied for from outside of Spain. Apply for renewal with the Unit for Large Companies and Strategic Collectives before it expires.
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RENEWING THE RESIDENCY CARD AS AN INVESTOR:
Selling the property associated with your Residency Authorization means you can’t renew it. Maintaining ownership of the property is crucial for renewal.
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DOES THIS RESIDENCY PERMIT ITS HOLDER TO WORK IN SPAIN:
The residency card permits both the holder and their family members to work in Spain, either as an employee or as self-employed.
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VALIDITY OF THE INVESTOR RESIDENCY CARD:
Upon renewal of your investor residency card, the Unit for Large Companies and Strategic Collectives grants a renewal with a five-year validity.
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CAN YOU TRAVEL OUTSIDE OF SPAIN DURING GOLDEN-VISA:
Like any other residency permission, you can enter and exit Spain as needed, provided your residency card and passport are valid. Being in Spain is not required for its renewal.
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TYPES OF RESIDENCY AVAILABLE IN SPAIN:
- Golden-Visa Spain (Spain citizenship by investment)
- Non-Lucrative visa Spain (Spain visa non lucrative)
- Self-Employed visa Spain (self employed expats in Spain)
- Digital-Nomad visa Spain (remote worker in Spain)
Please see-here our video-blog with options and legal-advice to obtain residency in Spain.
OBTAIN RESIDENCY THROUGH INVESTMENT:
Do you need legal assistance to obtain residency through investment in Spain?
We are a Spanish Solicitor and assist our clients with all types of residency applications.
Permanent residency is obtained after 5 years of Spanish Residency through Self-Employed Residency, Digital-Nomad, Non-Lucrative Residency or Golden-Visa. This followed by 5 years as a permanent resident in Spain and means you can then obtain Spanish Citizenship with a Spanish Passport.
