How to get a Spanish Golden Visa
This post is especially for Non EU Citizens looking for information about the Investors Residence Visa, or How to get a Spanish Golden Visa.
Are you a Non-EU citizen thinking of immigrating to Spain, if yes, then here’s what you need to know about how to get a Spanish Golden Visa. As a Non EU Citizen if you invest a minimum of 500,000€ in Spanish Real Estate then you could be entitled to what has become known as a Spanish Golden Visa. Before I go into the process of how to obtain one of these visas here’s a little back-round information.
How to get a Spanish Spanish Golden Visa Back-round Information:
After a slow start in 2013 the number of Visas granted has risen significantly, from almost 15,000 at the end of 2015 to more than 41,000 by the end of 2017. The majority were given to Chinese and Russian Nationals who in return, invested more than 3,000m€ in Spain. The majority of this investment, in fact more than 77%, was made in Luxury Real Estate. It’s also wise to bear in mind, that since the UK voted to leave the EU back in June 2016, the Golden Visa is also an interesting option for British citizens wishing to take advantage of the freedom of movement within the union.
Today there is no need to acquire a provisional visa as Golden Visas are initially granted for a period of 2 years and can be renewed thereafter if the original requirements are still being met.
How to get a Spanish Golden Visa General Requirements:
To be eligible to apply for a Spanish Golden Visa you will need to fulfil the following requirements:
You must be a non EU National, of legal age i.e. over 18.
You must not have a criminal record in Spain, or in your country of residence.
You must not already, be illegally in Spain.
You must have valid Public or Private Health Insurance.
You must have sufficient financial means to support yourself and your family whilst in Spain. At present the minimum requirement is 1,130€ per month for you the applicant, plus 565€ per month per family member.
On top of these requirements you will also need to fulfil any one of the following:
Investing a minimum of 500,000€ in Spanish Real Estate. (This initial investment must be unencumbered i.e. without a mortgage, however, you can apply for one for anything above this amount).
Investing a minimum of a 2m€ in Spanish Treasury Bonds.
Investing a minimum of 1m€ in Spanish Companies.
Depositing at least 1m€ in Spanish Bank accounts.
Alternatively you may make a major business investment which fulfils at least one of the following requirements:
Job creation resulting from the Investment.
A major social impact on the location where the investment will be made.
Beneficial Technological or Scientific Impact.
How to get a Spanish Golden Visa Summary
Of course you will need to fill out the relevant forms, provide proof of the investments etc., and go through the official channels and procedures, but at least now you have an outline of the requirements you will need to fulfil to obtain a Spanish Golden Visa.
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I hope I’ve covered all of the major points and I hope this guide has proved helpful, but as always if anything is unclear, or you’d just like some more information, or a chat about the possibilities of obtaining a Golden Visa then just make contact today using the box below.
Thanks for your interest and I hope to see you again soon.