What is the Spain Golden Visa?
The Golden Visa in Spain is a residence permit that grants the right to reside and work in the country to foreigners who make a significant capital investment in financial assets, acquisition of real estate or business project. This type of visa is the perfect tool for those people who want to establish a residence in Spain with all its advantages.
Who can apply for the Golden Visa Spain?
The Golden Visa in Spain is open to all citizens not belonging to the European Union and Switzerland. You can opt for both an individual and family Golden Visa.
Documents needed to apply for the Golden Visa Spain
To apply for the Spain Golden Visa, there are several documents that must be submitted along with an application form. These include the passport or identity document, health insurance, criminal record, visa application form and documents certifying the investment. A bank certificate is also required. Once all the documents have been received, they must be sent to the Large Companies-Strategic Groups Unit for approval.
Investment options in the Golden Visa Spain
To obtain the Golden Visa Spain, there are three main investment options: financial assets, real estate and business project. Each of them has different legal and financial requirements. It is important to choose the option that best suits the investment needs and the objectives of the Golden Visa Spain.
Investment in financial assets
Investment in financial assets refers to the purchase of Spanish public debt securities, shares or participations in Spanish companies, investment funds or bank deposits. To obtain residence through this option, the investor must make an initial investment of between 1 and 2 million euros.
Spanish public debt securities
Spanish public debt securities are securities issued by the State to finance its budget deficit. Investing in these titles offers a fixed return, with a low level of risk. The minimum investment to obtain the Golden Visa Spain through this option is 2 million euros.
Shares or participations in Spanish companies
Investing in shares or participations in Spanish companies offers the possibility of obtaining a variable return, which depends on the performance of the company. The minimum investment to obtain the Golden Visa Spain through this option is 1 million euros.
Investment funds or bank deposits
Investment in investment funds or bank deposits offers variable returns, depending on the performance of the fund or deposit. The minimum investment to obtain the Golden Visa Spain through this option is 1 million euros.
Investment in real estate acquisition
Investment in real estate refers to the purchase of a property in Spain. The acquired property must have a value of at least 500,000 euros. In addition, the investor must cover additional costs related to the property, such as taxes, notary and legal fees.
Minimum purchase value of the property
To obtain the Golden Visa Spain by investing in real estate, the minimum value of the property that is acquired is 500,000 euros. It is important to note that the value of the property purchased cannot be financed by a mortgage.
Property acquisition procedure
The real estate acquisition procedure involves obtaining a series of documents, such as the Property Registration Certificate, the Foreigner Identification Number (NIE) and the opening of a bank account in Spain to cover the costs associated with the property. It is recommended to have the help of a legal advisor to guide the investor through the property acquisition process.
Investment in business project
Investment in a business project implies the creation of a company in Spain or making an investment in an existing company. The investor must prove that he has a favorable report for the creation of jobs or carrying out an investment with a relevant socioeconomic impact.
Favorable report for the creation of jobs or carrying out an investment with a relevant socioeconomic impact
The favorable report is a necessary document to invest in a business project. This report must justify the socioeconomic viability of the project, including job creation in Spain and the impact it will have on the country’s economy.
Residence authorization through a business project of general interest
The residence authorization can be obtained through a business project of general interest. This project must demonstrate a positive socioeconomic impact in Spain and have a minimum investment of 1 million euros.
Advantages of the Golden Visa Spain
The Golden Visa Spain is a residence permit that is granted to foreigners who make a significant capital investment in financial assets, property acquisition or business project. In addition to the investment requirements, the Golden Visa Spain offers investors a series of advantages that are detailed below.
Establish a company in Spain
The Golden Visa Spain allows investors to establish a company in Spain and obtain residence authorization through a business project of general interest. This means that investors can benefit from the advantages of establishing a company in a country with a stable economy and a strategic location in Europe.
Travel freely to other EU countries
Holders of the Golden Visa Spain can travel freely throughout the European Union without the need to request additional visas. This means that investors can have privileged access to European markets and enjoy greater freedom of movement.
Possibility of residing in Spain for 3 years
Another of the advantages of the Golden Visa Spain is that the holders can legally reside in Spain for a period of three years. This means that investors can enjoy all the advantages of living in a country that offers high-quality services, a warm and sunny climate, a rich culture and heritage, as well as an excellent quality of life.
Possibility of obtaining residence for family members
Finally, the Golden Visa Spain also offers investors the possibility of obtaining residency for their direct family members, which means that they can meet and live together in Spain. This is particularly beneficial for investors who wish to improve their family’s quality of life and provide them with high-quality education and healthcare.
