Spain has become Europe’s leading Golden Visa supplier. Thousands of non-EU nationals, and their families, have attained a coveted Golden Visa since its inception in 2013. They have collectively invested well over 2 billion euros.
As a novelty in 2021, in a post-Brexit world, British investors now also qualify to opt for this special residency permit for the first time ever, which rolls out a red rug for the privileged few who can afford it.
You don’t fancy waiting in long queues and passing pesky customs & border controls? Think no further, a Golden Visa allows you to cut through all the red tape, allowing you and your family unfettered access to the Schengen Area visa-free! That’s 27 EU countries at your fingertips’.
Golden Visa Advantages
- Fast-tracked. This law is specifically devised to attract affluent non-EU investors and helps to cut through the admin red tape greatly streamlining the visa procedure.
- Travel Europe visa-free. You can travel without a visa for 90 days out of every 180 days within the Schengen Area.
- Clear rules. Two years (Residency Permit), renewable for a further 5 years.
- No need to become resident in Spain. You only have to visit Spain once to get or renew the Residency Permit. There is no minimum stay requirement, and you don’t have to become a tax resident or actually live in Spain.
- Family included. You may get additional permits for your spouse and children under 18 years (or disabled and dependant children over 18). Same-sex partners inclusive. Dependant parents of applicant are now also included (extended family).
- You may work in Spain.
- Spanish nationality (optional). This is a 2-year Residency Permit, not the right to permanent residency or a Spanish passport. However, it can lead to long-term Spanish residency after 5 years of continuous residence, and citizenship after 10 years.
- Underaged children may study in Europe. Underaged offspring can live and study in Europe, in company of your partner, whilst you work and earn money abroad.
- Return on investment. Take advantage of Spain´s burgeoning real estate recovery.
General Requirements
Applicants pursuing investor visas must comply with the following general requirements:
- Non-EU national.
- The investor applicant must be of legal age (18-years-old or over).
- The investor must not hold a criminal record whether in Spain or in the previous five years where he has resided.
- Not be already in Spain irregularly.
- Have access to private medical insurance.
- Have sufficient financial means to support both himself and his family whilst in Spain.
- Pay the relevant application fee.
Specific Requirements
Qualified residency permits to non-EU residents will be offered in return for any of the following:
- Invest at least €500,000 in Spanish real estate property.
- Invest at least €2,000,000 in Spanish Treasury Bonds.
- Invest at least €1,000,000 in shares of Spanish companies.
- Deposit at least €1,000,000 in Spanish bank accounts.
- A ‘major’ business investment which fulfils at least one of the following three criteria:
- Meaningful job creation as a direct result of the investment.
- Significant socioeconomic impact in the geographical location where the activity will be carried out.
- Technological or scientific impact.
Why choose Europe?
- Democracy. Europe, cradle of democracy, hosts some of the world’s oldest and most solid. A clear and stable legal and tax framework allows freedom, nurtures ingenuity, and upholds (property) rights for businesspeople. This concocts the ideal breeding ground to foster business investments, and develop an entrepreneurial skill set.
- Education. Europe is home to some of the world’s most respected academic institutions. Secure a bright future for your children allowing them to earn their spurs in life through a meritocratic top-notch education.
- Culture. Europe is a crucible of cultures, a conflux that laces Western and Eastern influences, offering a rich tapestry of history and arts that shaped the world as we know it. Spain’s vast cultural heritage, spanning millennia, is a legacy of commingled cultures that attracts over 84 million tourists every year leaving an indelible mark upon its visitors.
- Languages. Seize the opportunity to master and command some of the world’s most influential languages: English (business & finance), French (arts & diplomacy), German (industry & science), Spanish (literature & poetry).
- Healthcare. Europe, and Spain in particular, are at the forefront in modern medical facilities.
- Modern transport. Spain offers top-tier transport services including state-of-the-art high-speed rails connecting you with Europe’s major capitals.
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