WHAT IS THE SPAIN GOLDEN-VISA?
The Spain Golden Visa program is a residency-by-investment scheme that grants non-EU investors the ability to live, work, and study in Spain by investing a minimum of EUR 500,000. If approved, participants can apply for Spanish citizenship after ten years (or two years for former colonies), provided they meet the language and residency criteria.
FREQUENTLY ASKED QUESTIONS
The Spanish Golden Visa is a residence by investment program. It enables non-EU investors who make a qualifying investment to live in Spain.
Yes, the following relatives may be included in the application:
- Spouse, or life partner,
- Children who are under 18 years old (including adopted children) that are financially dependent on the Investor may be included.
- Children over 18 years old provided they are financially dependent on the investor and single.
- Parents provided they are financially dependent and do not have the financial resources to support themselves.
The initial visa issued under the Golden Visa program is valid for 1 year. Thereafter, a 2-year residence permit is issued followed by a 5-year residence permit which may be renewed every 5 years as long as the investment and the other requirements are maintained.
No, but it is required to travel to Spain in order to provide biometrics during the residence permit application.
In order to renew the Golden Visa, the investor must continue to fulfill the initial conditions when the visa was issued, including maintaining the qualifying investment.
Yes, the main applicant and family members are allowed to reside and work in Spain with the residence permit.
The visa holder can travel into the Schengen area up to 90 days in any 180-day period.
The minimum legal requirement in a property investment is of EUR 500,000. All types of property are eligible, but must be free of liens and encumbrances
For as long as the investor wants to maintain the residence permit, as the permit is only provided if the conditions are satisfied or until permanent residence or citizenship is granted. Therefore, if the investor sells the property before becoming a permanent resident or citizen, the permit will no longer be in effect.
The property must be purchased before the submission of the visa application.
The investor will fully own the property. Therefore, the investor has full access to it, as the owner and landlord, and is fully entitled to live there or rent out the property.
Yes, the investor is totally free to make additional investments or other acquisitions.
Golden Visa holders (including dependents) can apply for permanent residence if they have lived in Spain for 4 years and 2 months over a 5-year period.
Golden Visa holders will become eligible to apply for Spanish citizenship after a ten-year residence period residence, subject to meeting language and other requirements, i.e.:
- Financial stability
- No criminal record
- Have a sufficient degree of integration into Spanish society
Citizens from Latin-American countries, Andorra, Equatorial Guinea, Philippines, Portugal and of Sephardi origin are eligible to apply for Spanish citizenship after a two-year residence period.