Contents: What is the Spain Residence visa? | Requirement? | Costs | Benefits? | Learn More | Consult | FAQ
What is the Spain Golden visa?
Spain residence through the Golden visa programme by buying Real Estate, Spanish residents under this program are allowed free travel within the Schengen area. The permanent residence permit also allows to live, settle and stay indefinitely in Spain. Relative Eurozone residence cards are renewed every five years. this is your opportunity for Immigration to Spain.
According to Spanish nationality law, after 5 years of temporary residence, one may apply for permanent residency in Spain. Following 10 years of permanent residency one may apply for citizenship – Spanish passport through the process of naturalization, provided that certain criteria are met. With Spanish citizenship, a person also gains Citizenship of the European Union.
This is one the best Immigrant investor programs in Europe. The Spain Golden Visa Programme is regulated by Law 14/2013, of 27 September 2013. It is aimed to support entrepreneurs wanting to move to Spain. The law also enables non-EU citizens to apply for a resident permit through various types of investments.
Spain residency requirements
- Must be a Non-EU citizen – at least 18 years old
- Min investment of €500,000 Real estate property OR
- Invest a minimum of €2 million in Spanish public debt. OR
- Buy Min. of €1 million in shares or do €1 million in bank deposits.
- Hold a Health Insurance
See details of Spain Golden Visa Requirements
Spain residency visa cost
In 2023, the Minimum investment amount for Spanish Residence Golden Visa is typically over €500K (US $600K).
- Min investment of €500,000 Real estate property OR
- Invest a minimum of €2 million in Spanish public debt. OR
- Buy Min. of €1 million in shares OR
- Do €1 million in bank deposits
Spain Residence Visa Program – Details
Costs – Investment Amount: See Spain Residency Visa Cost Details
Process: Details on Spain Residency Processing Times
What are the benefits of Spain residence?
- Right to live, work and study in Spain.
- Schengen Residency Card
- Leads to Spain PR Card after 5 Years of Temporary Residence
- Leads to Citizenship after 10 years residency
- Low Minimum Stay Required
- Family Members Included
Tax for Spanish residents
Foreigners are exempted from paying taxes in Spain unless the applicant resides in Spain for more than 183 days per year in which the person may become a tax resident. The income derived from Spain, such as rental property is taxable at a rate of 24%.
See other Residency through investment programs
Spain residency visa programme FAQ
How can foreigners buy property in Spain?
Anyone can buy Real Estate in Spain. With an investment of €500,000, one can get a Spanish residence visa.
How can I immigrate to Spain?
For people outside of the Eurozone, Immigration to Spain is possible through Spanish Residency Visa Program. It takes
How long do I have to live in Spain to get citizenship?
With Spanish residency visa by investment, You have to live in Spain for 5 years to get permanent residence permit for Spain. It leads to Spanish citizenship after ten years of permanent residency.
Is a language test required for Spanish residence visa?
No language test is required to get Spain Golden Visa.
what is non resident tax in Spain?
Foreigners are exempted from paying taxes in Spain on worldwide income unless the applicant resides in Spain for more than 183 days per year in which the person may become a tax resident. The income derived from Spain, such as rental property is taxable at a rate of 24%.
Spain Permanent Residence Visa Consultant
EB5 BRICS can help you navigate Spain Golden Residency Programme through our presence in Spain in conjunction with our Spain Legal Partner. Our team speaks English, Hindi, Urdu and Punjabi.
EB5 BRICS
Phone: +1 (213) 344-5941
E-mail: info@eb5brics.com