Passport Rank
2
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
- Government System: Parliamentary Constitutional Monarchy
- 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
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- 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 residence permit valid for one or two years.
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
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What are the requirements for renewing the residence permit in Spain?
There are no specific requirements for renewing your residence in Spain, but you must visit Spain at least once during the validity of your residence permit.
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Can I rent out the property I have purchased?
Yes, you can rent out the property you own and generate rental income from it.
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Can this residence lead to obtaining Spanish citizenship?
Yes, after 10 years of legal residence in Spain, you can apply for Spanish citizenship.
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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.