Spains Investor Residency permit, also known as the Spanish Golden-Visa, has gained immense popularity due to its simplicity and benefits which allow residents to enjoy Spanish national conditions. It allows you to live and work in Spain for an extended period, along with the option to bring your family.
By making a significant investment in Spain, you can secure the initial residence permit for 3 years, renewable for 5 years as long as you maintain your original investment and enjoy Spanish national conditions.
The program attracts foreigners worldwide, and as of 2021, there were 7,425 active golden visa applicants who obtained Spains investor residency permit also known as the Golden Visa.
The investment is typically in real estate, but Spain offers three alternative options as well. With the investor’s visa, you gain freedom of travel within the European Union, enabling you to explore the rest of Europe.
The Spanish Golden Visa falls under the 14/2003 Entrepreneur’s Law, offering advantages like direct application from Spain. The UGE (Large Business Unit) handles the application process, making it faster and more convenient.
Obtaining the Spain Golden Visa is easier compared to other non-European residency permits. Having a Non-Resident NIE (foreign identity number) is essential to invest in Spain, and you must meet specific criteria, such as being of legal age, having a clean criminal record, and possessing sufficient economic means.
To qualify, you must not be a citizen of the European Union and meet the mentioned conditions, including making an investment of €500,000, €1M, or €2M, depending on your chosen route.
Get ready to embark on your new life in Spain an in Europe through the Golden Visa program, and explore the wonders of the captivating country of Spain.
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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.