Spain’s Golden Visa program offers a straightforward path to residency and eventual citizenship through Investment. Established in 2013, the program grants investor and their families, residency rights in exchange for investing in Spain. This residency helps them to travel visa free in 27 Schengen counties.
If you have dreamed of living in Spain, owning property in the Mediterranean, or gaining an EU passport, all you need to do is Invest in property or open a business that creates local jobs.
To qualify for the Golden Visa, you will need to invest at least €500,000 in real estate in Spain or choose from other investment options. This can be a residential, commercial property or multiple properties.
The processing time for Spain Golden Visa is approximately 6-8 months.
The Spain Golden Visa program offers some appealing benefits that make it an attractive option for investors seeking residency in Europe.
Spain ranks highly in quality of life indexes, with excellent infrastructure, healthcare, and a Mediterranean climate. You’ll be able to enjoy a safe, comfortable lifestyle in a beautiful country.
Your spouse, children under 18, dependent children, and dependent parents are all eligible to apply for residency under your golden visa. No need to be separated from loved ones.
Spain has favorable tax laws for residents, with income earned abroad exempt from taxation. Wealth, inheritance and gift taxes are also lower compared to other Western European countries.
Spain holds the status of a full member within both the European Union (EU) and the Schengen area. As a result, residents of Spain enjoy the privilege of unrestricted visa-free travel, granting them easy access to 27 European countries.
To qualify for the Spain Golden Visa, you’ll need to invest in one of several options approved by the Spanish government. The investment amount depends on which option you choose.
You can invest a minimum of €2,000,000 in Spanish government bonds. This is a low-risk investment since it’s backed by the government. The bonds typically have a 5-year maturity, after which you can redeem your initial investment amount.
Buying real estate is a popular choice for many investors. You’ll need to spend at least €500,000 on a property in Spain. The property can be residential or commercial or multiple properties.
If you want to start a business in Spain, you’ll need to invest at least €1 million and create at least 10 full-time jobs for Spanish citizens or residents.
This option does come with more risk but also the potential for high rewards if your business is successful. You’ll need a solid business plan to qualify for the golden visa through this investment path.
The Spain Golden Visa program allows the main applicant, their spouse, children under 18, dependent children under 25 if studying, and dependent parents to obtain residency.
As the main applicant, you must invest a minimum of €500,000 in Spanish real estate, shares of Spanish companies, government bonds, or bank deposits in a Spanish bank account. Must not be an EU national, should also provide evidence of clean criminal record.
Your spouse is eligible to apply for residency under the Spain Golden Visa program if is of a legal age, no criminal record and must not be an EU national. They do not need to make a separate investment. Your spouse will receive the same residency benefits as you for the duration of your investment.
Unmarried children under 18 years of age and dependent children under 25 years of age who are full-time university students can be included in a Spain Golden Visa application at no extra cost. They will receive residency for the same duration as the main applicant and spouse.
Dependent parents over 65 years of age can apply to be included in a Spain Golden Visa application for an additional government processing fee per parent. They will receive the same residency benefits as the main applicant and family. Parents do not need to meet any investment requirements to qualify.
Client onboarding at Caribbean Islands Immigration Services starts with Form 1 to conduct the initial evaluation. After a successful screening, we'll send you a Client Agreement (CA) for your review and signature. After we received your initial payment you will be provided with POA for signature. Once you sign the POA, you will obtain a NIE (Foreigner Identity Number) used by Spanish tax authorities as foreigner identity.
The process involves reviewing and submitting the application. You'll be required to sign a sales and purchase agreement for a qualifying property investment.
After attending an in-person appointment, you will receive a one-year Golden Visa from the Spanish consulate in your home country.
To obtain your TIE (Spanish Identity Card), you need to schedule a biometrics appointment.
Upon approval, you will be issued a TIE (Tarjeta de Identidad de Extranjero), also known as a Resident Card, which must be collected in person.
The Resident Card is initially valid for a period of three years. If you continue to meet the qualifying conditions, you will have the option to renew it every five years. This allows you to maintain your residency status in accordance with the applicable regulations.
The Spain Golden Visa is a residency by investment program that provides a path to citizenship for non-EU nationals. By investing in Spanish real estate, government bonds, or business interests, you can obtain a renewable 3-year residence permit. After 5 years, you can apply for permanent residency or citizenship.
Minimum Investment amount of €500,000 in Spanish property. This is the most popular choice among other options.
If you meet all the necessary requirements, you can expect to receive your residency certificate within a timeframe of approximately six to eight months.
The individuals eligible to be included in your application are as follows:
With a Spanish Golden Visa, you can enjoy unrestricted travel throughout the European Union (EU) and the 27 countries of Schengen Area.
Caribbean Islands Immigration Services provides a full range of Citizenship & Residency program based on investment from basic advice and consultation to application document checking and full representation – all at competitive rates.
We operate in complete transparency and provide tailored solutions, based on our client’s needs, while always being fully compliant with Government rules and regulations.
Speak to our consultant and start your journey today