The Spanish Golden Visa program, also known as the Investment Immigration Visa, allows non-EU citizens to obtain a residence permit and eventually citizenship in Spain by investing a minimum of €500,000 in various economic activities. It is a great option for investors who wish to gain access to the EU without the burden of lengthy immigration procedures. The application process is straightforward if you work with an experienced agent who can guide you through the necessary steps.
You will need to submit a number of documents to the authorities to complete your application. These are the following:
Property investment
The most popular investment option for the golden visa is buying real estate in Spain. However, it is important to consider the location and quality of the property before committing any money. You should also be aware that real estate investments can decline in value, so it is essential to carefully research the market and ensure that you are making a sound investment.
Another option for the golden visa is to invest in a start-up company. The government offers incentives to promote this type of investment, and there are currently more than 3,000 start-ups in Spain. This investment is a good choice for those who are interested in innovation and technological development, and it can yield high returns. It is also worth noting that there are tax benefits for this type of investment, so it is well worth considering.
Listed shares and public debt are other options for the golden visa, but these are more complicated investments. If you choose to invest in these assets, you will need a certificate from the financial institution stating that you are the sole owner of the asset.
When you have completed the required investment, you will receive a residence permit for yourself and your family members. This will allow you to live and work in Spain, and it will give you the freedom to travel in the Schengen Zone without any restrictions. Moreover, you will have access to high-quality education and healthcare in Spain. In addition, you will be eligible to apply for citizenship after ten years of residency.
In contrast to other visas, the investment visa is valid for your entire family. This includes your spouse and children under the age of 18, as well as your parents if they are financially dependent on you. It is also possible to apply for permanent residency after five years, although you will have to demonstrate that you have not spent more than eleven months outside of Spain during this period.
The application process for the Golden Visa is straightforward, but it is important to consult with a reputable agency who can help you select a suitable investment opportunity and prepare your documentation. Once you have submitted your application, the authority will review it and, if approved, will issue your residence permit. Before your permit expires, you will need to visit Spain in person to verify your identity and provide biometric data. golden visa spain