Spain Golden Visa by Investment Program

Program Overview

The Spanish government has introduced a real estate investment program in 2013. Basically it was initiated to gain Spanish citizenship by acquiring Spanish Golden Visa. Although, Spanish Golden Visa is extremely flexible for the family as dependents. Similarly, It is one of the quickest processing visas and the processing fee by the government is affordable and convenient to follow. In addition, Spain is an ideal place for residency but acquiring a second passport has some strict restrictions. However, The highlight of this program is that investors will get the visa in 14 days once they make an investment of 500,000 Euros in real estate. Similarly, The main applicant and all the dependents will be eligible to live and work in Spain and to travel around the entire Schengen region.

About Dependents

Firstly, The main applicant can accommodate his/her spouse and children who are under the age of 18 as dependents. Moreover, Children above 18 years and parents of the main applicant can be considered are dependents under certain conditions.

Requirements:

• In short, For the renewal of the Golden Visa, there is no compulsion to spend more than 182 days in Spain per year. Therefore, The applicant will remain a non-tax resident during their stay.
• Similarly, the applicants must be in Spain Legally to submit an application for Golden Residency.
• Moreover, The applicant is required to maintain the investment amount for the renewal of the residency permit.

Investment Options:

• However, The main applicant is required to make an investment of amount €500K in any of the residential or commercial real estate properties. However, the applicant just need to maintain the amount once the residency permit is approved.
• Moreover, The main applicant as an investor can work through any company in Spain or any internationally recognized company with a shareholder of 51%.