The Golden Visa Scheme for Spain
What’s a Golden Visa and how can you benefit from it as a property investor in Spain?
Holders of the Spanish Golden Visa will be granted access throughout Europe’s Schengen zone.
Here is how we can help.
What is a Golden Visa ?
In Spain, a Golden Visa is a permanent residency visa that is issued to persons who invest in the country.
The most common method for obtaining a golden visa is through the purchase of real estate with a minimum value which, in Spain is set at 500,000 €
Freedom of movement, tax advantages and access to the EU single market, the legal system and social services are some of the main incentives for EU member states’ programs.
Once granted, the investor is valid to work and reside throughout the national territory and so are his or her family members if they meet the age requirements stipulated by labor regulations.
Which Countries do you have a right of residency to ?
- Czech Republic
Can family members accompany the investor?
Yes, at any time family members may request – jointly or successively – the authorisation and/or the Golden visa:
- Spouse or de facto partner.
- Children under age or those who are older but depend economically on the visa applicant.
- Ascendants in care.
No additional investment is required for each member of the family.
What’s the application process like for a Golden Visa?
Investors are granted an Investors Residency Visa (temporary residence permit) for one year.
This can be extended to a two-year residency permit, renewable for additional two year durations. In order to hold and renew the residence visa, the investor must maintain his or her investment in Spain, and s/he is required to conduct a visit during the residence period. After 5 years of residency, investors can then apply for a permanent residence visa, and after 10 years of residency, citizenship can be requested.
The applicant is required to issue a NIE (identification number for foreigners)
This number also serves as a tax identification number for individuals.
How do I arrange the Golden Visa?
Once you have chosen to invest in your property with us at Premium Spain Invest,
we will take care of all the necessary details for you working closely with our recommended lawyers.
The bureaucratic process can be testing but we will take the stress away and handle all applications for you.
With our help and our lawyers expertise, we will be able to provide you with a Golden Visa granting access to the Schengen community before you know it.