Invest in Spain and get a Golden Visa - Spanish golden visa.

The Golden Visa for Spain is a type of residence permit issued to non-EU nationals who intend to make significant investments in the Spanish economy. The visa allows the holder and their family to live in Spain and travel freely within the Schengen area. In most cases, golden visas in Spain are granted to those acquiring real estate. However, they are also available to businessmen investing in Spanish companies, hence they are also referred to as "investment" visas.

Who can obtain the golden visa for Spain??

"To obtain a Spanish golden visa, it is necessary to make one of the following investments:":"

• Purchase of real estate in Spain worth at least500,000 euros. The property can be a single object or several, with a total value of at least500,000 euros..
• Investments in Spanish government debt of at least €2,000,000.
• Purchase of company shares or a deposit in a Spanish bank for an amount of at least 1,000,000 euros.
• Investments in a new business that will provide employment opportunities, promote scientific and technological innovation, and have a significant socio-economic impact in the area where the business will operate.

In addition to investments, the following requirements must also be met:

• You must be of legal age (18 years or older).
• No criminal record in the past.
• You shouldn't have been denied a Schengen visa in the past.
• You should have accident insurance in Spain.

Due to such significant and risky investments, most potential applicants seek advice from professionals in the field of investment immigration to determine their eligibility. La Vida is a consulting and support company with experience in immigration law, real estate, and international investments. Their specialists can help you understand your options and even assist you in applying for a Spanish golden visa.

How to apply for a Spanish golden visa?

If you have made any of the listed investments, you can apply for a visa at the nearest Spanish embassy or consulate. At the time of application, you must be ready to make the investment, but the investment does not necessarily have to be completed.

You don't necessarily have to be in Spain to apply for a visa, but you will need to visit beforehand to explore investment options, open a bank account, and meet with lawyers. You can carry out this process on your own or with the help of experienced professionals, such as La Vida - Golden Visas experts. Once you decide on an investment, you can grant your lawyer power of attorney to apply for the Spanish golden visa and protect your investments.

Application for family members:

Your family members must submit their own visa applications for Spain as dependents. They need to provide documents that confirm their family relationship, such as birth and marriage certificates.

Who can be included in the Spanish golden visa for families?

The family members who can be included in the Spanish golden visa are:

• Your spouse.
• Children under the age of 18. If you have children who are of legal age but still depend on you due to any health or mental conditions, they also qualify for the visa.
• Unsecured elderly parents.

Your family members will also receive residence permits and will have the freedom to move within the Schengen area.

How long is the Spanish golden visa valid for?

The golden visa you receive at the embassy will be valid for one year. During this year, you must enter Spain and exchange your visa for a residence permit in Spain, which will be valid for two years.

A residence permit can be indefinitely extended without any stay requirements, provided that you maintain your investments.

If you really want to live in Spain, after five years of continuous residence (at least six months a year), you can apply for permanent residency.

Is it possible to obtain Spanish citizenship through investment?

Yes, the investor visa for Spain is a pathway to citizenship, provided that you reside in Spain for at least 10 years.

Although the process of obtaining residency status in Spain through investment is quite straightforward, to obtain a passport, you must reside in Spain for at least 6 months a year for ten years.

In addition, there are other requirements for obtaining Spanish citizenship, such as language proficiency and ties to the country. A Spanish passport grants its holder access to the EU labor market and free movement across more than a hundred countries.

Advantages of the Spanish Golden Visa:

• You are not required to reside in Spain to renew your residence permit - but you can do so if you wish.
• You can legally work and live in Spain.
• You can bring your family members (spouse, children, and dependents) with you.
• You and your family members will have access to government services such as public healthcare and education.

Documents required to apply for a Spanish golden visa:

• Application for a visa to Spain.
• Two passport-sized photos. Make sure they meet the requirements for a Spanish visa.
• Make sure that your passport is valid for the entire planned stay in Spain and has at least two blank pages. You may also need a copy of the page with your personal information in the passport.
• If you are not a citizen of the country where you live, you will need your residence permit.
• Documents confirming that you have sufficient income to support yourself and your family while living in Spain.
• Documents regarding the police check confirming that you have no criminal record. They must be issued within the last three months prior to the application submission.
• Proof of having health insurance (private or public) with a company operating in Spain.
• Proof of payment for the visa fee.
• Any additional documents related to your specific case (investments or real estate acquisition), as described above.

The documents you provide must be translated into Spanish (if they are not already translated) by an experienced translator and notarized. Golden visa experts at La Vida can help you prepare the document package for your visa application.

Requirements for the Spanish Golden Visa (real estate):

If you have purchased property in Spain, you need to confirm that you have become the owner of the property with a certificate issued by the Land Registry within three months prior to the application. This certificate must indicate the purchase price (at least 500,000 euros). If the property purchase has not yet been registered with the Land Registry, you can simply present documents confirming that the registration documents have been submitted along with proof of payment. If the property purchase is not yet completed, you can present a preliminary contract that includes a deposit and a letter from a financial institution in Spain confirming the availability of the required funds.

Requirements for an investment visa in Spain:

To prove your investment when applying for an investment visa in Spain, you need to provide the following documents:

• Investments in Spanish government debt: a certificate from the Bank of Spain or another financial institution confirming that you are the sole owner of the investment for at least five years.
• Investments in shares or stakes of a Spanish company: an investment statement from the Investment Registry of the Spanish Ministry of Economy and Competitiveness.
• Investments in listed stocks: a certificate from a financial intermediary confirming your investment is registered with the Spanish National Securities Market Commission or the Bank of Spain.
• Investments in a bank deposit: a certificate from the financial institution indicating you as the sole owner of the bank deposit.

Is it possible to get a loan to obtain a golden visa in Spain?

No, you cannot apply for a golden visa for Spain if you are acquiring funds through a loan. You must make the initial investment entirely with your own funds, and you must be the sole owner of the investment.

However, if you are purchasing property worth more than 500,000 euros, you can use loans and financing to cover the amount exceeding 500,000 euros.

Is joint investment possible to obtain an investment visa in Spain?

Even if you make joint investments or purchases, each individual investment must meet the minimum requirements. Therefore, if you decide to acquire real estate, each participant needs to pay 500,000 euros to be eligible for the golden visa. It is not possible to split the investment into smaller amounts, as you will not be eligible for residency under the golden visa program.

Other popular investor golden visa programs in Europe include Italy, Portugal, Greece, Cyprus, and Malta.

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