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Spain Golden Visa Program

Passport Rank

1

Investment Amount​

500,000 Euro

Processing Time

2-3 months

About Spain

 

Spain is located in southwestern Europe and is a global tourist destination that combines natural beauty, history, and culture. The country boasts an advanced and diverse economic structure, including sectors such as tourism, agriculture, industry, and technology. Additionally, it offers a distinctive way of life that makes it an ideal destination for those seeking stability and living.

  • Language: Spanish
  • Currency: Euro
  • Total Area: 506,030 km²
  • Capital: Madrid

About Spain Golden Visa Program

 

Spain offers attractive investment opportunities to investors through its Golden Visa program. This program opens new horizons for those interested in investing and residing in Spain, making it one of the best options within the European Union. The type of investment in this program is real estate, where investors can purchase a property or a group of properties with an amount of no less than 500,000 EUR to obtain a Golden Visa.

 

Benefits of Spain Golden Visa Program

 

Spain offers a wide range of benefits to investors looking to buy property in the country, including the following:

  • Obtaining permanent residency after legal residence.
  • The main applicant and their family members can access services in Spain, including healthcare and free education.
  • Freedom of movement within all Schengen Area countries.
  • Enjoying a secure investment in the Spanish real estate market.
  • Profiting from investment returns through property rental.

Spain Golden Visa Qualifications & Requirements for Investors

 

There are a number of requirements that should be met in order to qualify for the Golden Visa in Spain:

Investor Requirements

  • The investor must be over 18 years old.
  • The investor must have a clean criminal record.
  • The investor must demonstrate financial capability to cover the living expenses of the family members included in the application.
  • The investor must have health insurance coverage through a Spanish insurance company.
  • The investor must possess the required investment amount.

Qualified Family Members who can be included in the application

  • Spouse.
  • All children dependent on the investor under the age of 18.
  • Dependent family members of the investor.

Cost of obtaining Spain Golden Visa

 

The minimum investment for the Golden Visa program in Spain is 500,000 EUR. Additional fees, including government processing fees and security audit fees, are applied to applicants as well.

Process and steps

 

    • Step one: Travel to Spain to select and identify the property (this can also be done remotely).
    • Step two: Complete the purchase of the property and submit the residence permit application.
    • Step three: Obtain a residency permit 

Our Services

 

Reach Immigration has a team of experts and consultants in its branch located in Spain who are ready to provide a wide variety of services to our clients,the main of them being:

  • Arrange for the investors to trip to Spain to view properties.
  • Complete purchase of the property through our partners in Spain.
  • Assistance in collecting documents to submit an application to Spanish authorities.
  • Follow up on the residency status with the Spanish authorities.
  • Deliver the residency cards once issued to all family members .

FAQ’s

What are the requirements for renewing the residence permit in Spain?

Applicants must meet certain conditions to apply for residence renewal, which are as follows: maintaining investment ownership, health insurance coverage, having savings to live in Spain, and at least one visit to Spain during the period of residence. Applicants must also submit their renewal applications within 90 days before the expiration of their previous residency.

Can I rent out the property I have purchased?

Yes, you can rent out the property you own and generate rental income from it.

Can this residence lead to obtaining Spanish citizenship?

Yes, after 10 years of legal residence in Spain, you can apply for Spanish citizenship.

What are the benefits of the Golden Visa program in Spain?

The Golden Visa program in Spain offers several benefits to investors, including permanent residence after legal residence, access to services within Spain such as healthcare and free education, freedom of movement within all Schengen countries, as well as the potential for financial returns on the investment.
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