GOLDEN VISA

Benefits of the Golden Visa, Investing in Spain

Immediate visa for 2 years, renewable for 5 years with subsequent renovations of 5 years
Travel freely within 26 countries in the Schengen Area
Allows the inclusion of the direct family members, without making further investment: Spouse, children below 18 or adult children and parents.
A minimum residence period in Spain of 183 days is not required for the renewal of permit (the permit holder can maintain his fiscal address out of Spain).
Enjoy a residence in a European country, with several resources, stability, safety and life quality.

An investment equal or higher than 2 million euros in Spanish public debt titles.
Acquisitions of shares in Spanish companies, or bank deposits in Spanish financial entities, for an amount equal or higher than1 million euros.
Investment for a value of 1 million euros in an investment fund, investment funds of closed nature or venture capital funds incorporated in Spain.
Acquisition of a real estate asset of the minimum amount of 500,000 euros or more. The investor could buy one or more properties as long as the total value is 500,000 euros or more.
Developing a business project in Spain which is considered as being of general interest of the society, fulfilling one of the following requirements… 1) Create work positions, 2) Carry a positive social-economic impact or 3) Contribute to the scientific and/or technology innovation.

Visa applications made at the Spanish Consulate in the country of origin of residence – 1 year term residence granted.
Residence permit applications made at the Large Business and Strategic Groups Unit (Unidad de Grandes Empresas y Colectivos Estrategicos (UGE-CE)). – 2 years term residence granted.
Renewal: 5 years term. Conditions: Keeping the investment and rest of the requirements for application.

Investment of 500,000 euros free of charges and encumbrances.
The investment can be made by a married couple in a community regime without having to duplicate the investment.
Submission of certificate including the information of the possession and charges of the Land Registry Office corresponding to the property or properties.

Not having entered or stayed illegally in Spain.
To be a spouse, registered partner, dependent ascendant or a child economically dependent of the investor.
No criminal record in Spain or in the countries the investor has lived during the last 5 years.
Have a health insurance with an authorised entity to operate in Spain.
Pay the taxes and costs for the residency process.

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