Golden visa or residency by investment in Spain

Golden visa or Residency by investment programm in Spain

The Golden Visa  is a privileged residence visa with work permit for foreigners who invest in Spain. 

From the granting of the visa you could fully work in Spain and live during a year if you wish without the obligation of applying for the residence card.

  1. Benefits of a  Golden visa :

–          Streamlined processing: 10 days for visas and 20 days for residence authorizations.

  •      A single authorization for living and working valid anywhere in Spain

–           Combined processing of permits for couples and their children.

–          With this visa you could travel to other Schengen countries for a maximum period of 90 days in a period of 180 days.

-3 years of residence permit that could be renewed if the investment is maintained and if you made at least one visit to Spain during your residence  permit.

  • You may  become a permanent resident if your work permit is in force for a period of  5 years
  • After 10 years of residency you could apply for citizenship in Spain or if you are national from South America you could apply after 2 years of residency.

2.  How much you need to invest in Spain to get residency:

  1. 500.000€ to buy a property in Spain  ( free of debt)
  2. 1.000.000 € shares or bank deposit
  3. 2.000.000€ public debt

3. Documents that you need to provide :

Application form

Copy of your passport

Non criminal record  certificate

Health Insurance  in Spain

Proof  of sufficient funds  to support yourself and your family in Spain

Proof of the investment

4. How much money do you need in the bank to get residency in Spain?

It will depends on the numbers of applicants. But for the first one is required 33.600€ in 2024.

5.Hiring an expert Lawyer  in Golden visa in Spain  will  be a guarantee of success in your application. Do not take risk in this  step.

You could contact us  on contacto@virginiaramos.com for further doubts and organise your submission