About Us
FAQ
Global Advisory Experts Logo
Global Advisory Experts Logo

Find a Global Law Expert

Specialism
Country
Practice Area

Awards

Since 2010, the Global Law Experts annual awards have been celebrating excellence, innovation and performance across the legal communities from around the world.

Spain Investment Visa (Golden Visa Program) 5 Years Visa

posted 9 months ago

ABOUT THE SPAIN INVESTMENT VISA

In 2021 alone, international tourists spent 114 million nights in Spain, making it the most popular destination among EU countries.

The Spanish Golden Visa grants residency and citizenship through investment, this program allows foreign investors to make a significant investment in Spain to grant the applicant and their dependents the privilege to live, work, and study in Spain.

BENEFITS OF THE SPAIN INVESTMENT VISA

One of the many benefits as mentioned previously include the right to live, work and study in Spain. Along side this the applicant and their dependents get to enjoy visa free travel throughout Europe’s Schengen Area. Another added benefit of this program is the ability to access the public healthcare system and education systems within Spain.

Unlike many other visas across the world the Spanish Golden visa has no residency requirement, no language requirement as well as education or management experience requirement which has been proven to be most desirable in applying for any long-term visa.

5 REASONS TO ACQUIRE THE SPAIN INVESTMENT VISA

  1. The Spanish Golden Visais the cheapest in EU to provide a pathway to citizenship – the Spanish Investment Visa (Golden Visa) is the cheapest golden visa on the market in the EU. Other countries such as Germany and Greece offer golden visas however Spain is one of the only Golden Visas which provide a pathway to citizenship.
  2. Spain’s cost of living– According to statistic (numbeo) Spain’s cost of living is 32% lower than the United States and ranks 21 amongst all the countries in the EU where Switzerland ranks number 1 for highest cost of living.
  3. Spain’s location and lifestyle– just north of Spain sits France, just South sits Morocco, and next-door Italy. Spain’s location makes it an ideal getaway destination with popular surrounding countries for any holiday. The vibrant lifestyle of Spain is another reason where siesta’s from 2-4pm are common, the sun shines 320 days of the year, and the locals celebrate with many different fiestas such as the Fallas Festival in Valencia or the Jerez Flamenco Festival.
  4. Spain’s beaches– Spain is surrounded by beaches, with 5000 kilometres of coastline it is no surprise some of the best beaches in Europe are located in Spain for example Playa de Muro Beach in Mallorca is ranked no.5 best beach in Europe or even La Concha Beach which is ranked no. 4.
  5. Spain’s culture– Generally Spanish nationals are very welcoming and warm, this can be translated into the social bonds Spanish nationals create with people. Spain’s heritage is rich and mainly depicted through art.

THE PROCESS OF ACQUIRING THE SPANISH INVESTMENT VISA

There are two pathways in obtaining the Spanish Golden Visa first is the real estate option where the applicant purchases a real estate property or multiple properties at a minimum investment of EUR 500,000, the other option is to make a minimum deposit of EUR 1,000,000 into an accredited bank where it will be invested into funds, bank deposits or company shares in Spanish financial institutions.

REAL ESTATE OPTION FOR THE SPANISH INVESTMENT VISA

  1. The applicant selects the property/properties while completing all the necessary legal documentation for Spain.
  2. The applicant will need to receive a police confirmation on the application eligibility.
  3. The applicant transfers the qualifying investment.
  4. Meet all application documentation requirements.
  5. Submit application in Spain or at a Spanish consulate in the country the applicant is residing.
  6. Processing time roughly takes 1-3 months.

Once the applicant acquires the initial visa for 1 year, then 2 years, and then 5 years (renewal). The applicant after 5 years of actual residence in Spain can acquire permanent residency. After 10 years of actual residency in Spain, Spanish citizenship is obtainable.

ALTERNATIVE ROUTE TO ACQUIRE SPANISH CITIZENSHIP

You can acquire Spanish citizenship through property or bank investment, but there is one alternative route: ancestral ties.. A individual who has ancestral roots to Spain can acquire Spanish citizenship. for more information pertaining citizenship through ancestral roots please visit the Citizenship by Descent Program to enquire if you are eligible.

 

REQUEST MORE INFORMATION ABOUT THE SPAIN INVESTMENT VISA

If applying for the Spanish golden visa interests you, please feel free to contact us without hesitation.

Harvey Law Group (HLG) has been advising on Immigration and Business Law for more than three decades. With 20 offices around the world including in the United States,

To schedule a free consultation, contact us at +1 352 331 7554 or [email protected] to schedule a visit at
Harvey Law Group USA office located at 1395 Brickell Avenue, Miami, Florida 33131.

Author

Join

0
who are already getting the benefits

Sign up for the latest advisory briefings and news within Global Advisory Experts’ community, as well as a whole host of features, editorial and conference updates direct to your email inbox.

Naturally you can unsubscribe at any time.

Newsletter Sign Up

About Us

Global Advisory Experts is dedicated to providing exceptional advisory services to clients around the world. With a vast network of highly skilled and experienced advisers, we are committed to delivering innovative and tailored solutions to meet the diverse needs of our clients in various jurisdictions.

Contact Us

Stay Informed

Join Mailing List

GAE