Our multidisciplinary team at Larrain Nesbitt Abogados (LNA) has attained hundreds of golden visas (and other visas) over the last decade on behalf of our non-EU clients.
But what fills us most, is to see clients leading happy and fulfilling lives with their loved ones in Spain.
At LNA, it’s not about visas, it’s about people’s happiness.
- Tax benefits. Golden Visas do not make you tax resident in Spain (unlike every other visa in Spain). This is a unique advantage exclusive only to golden visas. No other visa in Spain shares this unique trait. Only for this reason, affluent investors will find it most appealing if they do not fancy paying tax in Spain. However, if you do spend more than 183 days, within a calendar year, you will be regarded as tax resident.
- Override the 90/180-day EU Schengen limitation (only applies to Spain). A golden visa allows you unfettered access to Spain. You can enter and leave the country as you please.
- Freedom to travel the Schengen Area. You may spend up to 90 consecutive days (within every rolling 180 days) visiting and travelling throughout the Schengen Area (27 European countries).
- Clear rules. Initially granted for 3 years, then renewable every 5 years.
- No minimum stay required (unlike other visas).
- Fast-tracked. Golden visa applications are greatly expedited by rapport to other visa applications which take months. LNA attains golden visas in 3 weeks.
- Streamlined. Golden visa applications are (greatly) streamlined, removing all the unnecessary admin red tape which mars other visa applications.
- Family included as dependants (even ascendants, such as grandparents).*
- Flexibility. You decide if you want to spend more or less time in Spain, no strings attached.
- Freedom. Golden visas are all about giving applicants choice. You are always in control, you decide, and nothing is imposed, unlike in other visas.
- Benefit from Spain’s public services. Spain is a country at the heart of Europe which offers a myriad of facilities and amenities, modern transportation (high-speed trains), state-of-the-art hospitals, and new highways.
- Longest-lasting visa. Unlike other visas in Spain, which are all time-gated, golden visas offer the longest times upon application and renewal.
- Underaged children may study in Europe. Underaged kids can live and study in Europe, in the company of your partner, whilst you work and earn money abroad.
- Return on investment. Take advantage of Spain´s burgeoning real estate. The real estate market has expanded by double-digits in almost every region compared to the same period last year. Property prices are rising sharply spearheaded by Madrid (+17%), Barcelona (+11%), Mallorca (+15%) and selected coastal areas. Low prices and cheap mortgages will not last forever, dip in whilst you can!
- 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 85 million tourists every year.
- 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), and Spanish (literature & poetry).
- Security. Taken for granted by modern society, peace and security have become an increasingly sought-after commodity in these perilous times. Europe offers a war-free space ideal for young families to raise their children. Europe, and Spain in particular, boast some of the world’s lowest crime rates. Unsurprisingly, 8 out of the 10 cities with the lowest worldwide crime rates are located within European borders.
- You can work in Spain (optional).
- Leads to permanent residency after 5 years (optional).
- Leads to Spanish citizenship after 10 years (optional).
Last but not least, is the country itself.
Spain is a country with mild weather, unspoilt beaches, excellent food, diverse culture, and gorgeous architecture with 50 UNESCO World Heritage Sites. It’s the second most visited country in the world for good reason!
Spain, you will be spoilt for choice.
* subject to criteria
Conclusion
The Spanish government announced it plans to eliminate golden visas as they are too privileged, as opposed to standard visas.
Take advantage of their benefits whilst you can, apply now!
At LNA we make people’s dreams come true.
At Larrain Nesbitt Abogados (LNA) we have over 21 years of experience specializing in immigration & residency visas. We also assist clients in buying, selling, or renting properties in Spain. You can contact us by e-mail at info@larrainnesbitt.com, by telephone at our UK line (+44) 0754 3838 218 or Spanish line (+34) 952 19 22 88, or by completing our contact form.
Please note the information provided in this article is of general interest only and is not to be construed or intended as substitute for professional legal advice. This article may be posted freely in websites or other social media so long as the author is duly credited. Plagiarizing, whether in whole or in part, this article without crediting the author may result in criminal prosecution. Ní neart go cur le chéile. VOV.