The Golden Visa program is an initiative of the European Union to attract investors outside the EU by offering permanent residency and other benefits. Spain Golden Visa. Investors who meet the Spanish Government’s requirements obtain a residence permit in Spain.
The main objective of this program is to stimulate foreign direct investment in Spain, as well as in the EU as a whole.
It is important to understand that the Golden Visa program does not directly grant you citizenship, but a residence permit. You must still meet all the requirements established by the Spanish government for a citizenship application to be successful.
If you are interested in applying for residency under this arrangement, there are certain criteria you must first meet.
These include:
What are the requirements for a Spanish Golden Visa?
There are a couple of key requirements when applying for a Golden Visa:
- Must have a clean criminal record
- Must be able to demonstrate that it can financially support itself
- Must have health insurance
- Must have sufficient funds to invest Spain
- Must have a clean business record
- Must have sufficient ties to your country of origin
- Must be physically capable
Which passport(s) can you apply for with the Golden Visa?
There are several different passports that you can apply for with the Spanish Golden Visa. The program allows investors from several countries to apply for a Golden Visa with the following passports:
– EU: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden and United Kingdom.
– Other countries: Argentina, Australia, Brazil, Canada, Chile, Israel, Japan, Malaysia, Mexico, Singapore, South Korea and the United States.
How much does a Spanish Golden Visa cost?
The Spanish Government offers three different investment options to calculate the price of a Golden Visa. It is important to contact a reputable immigration attorney to discuss the best option for your circumstances.
- Investment in government bonds
- Investment in Spanish real estate
- Investment in a Spanish company
How do I apply for a Spanish Golden Visa?
The Spanish Golden Visa program is managed by the Spanish Embassy in your country. Once you have decided to apply, you must gather the required documents and make a payment to the Spanish Embassy.
You must then wait to be processed and called for an interview. There is no guarantee that your application will be successful, but atresr will make sure it is not rejected.
You must ensure that you meet all requirements before applying. Golden Visa applications must be submitted to the Spanish Consulate in the investor’s country of origin. The requirements for this program are extensive and must be met in full.
The application process may take several months depending on the applicant’s country of residence. Once the application is completed and submitted, the process takes approximately 10 to 12 months.
atresr Economist Lawyers
Pros and cons of the Spanish Golden Visa program
The advantages of the Golden Visa program include:
- Obtaining a permanent residence permit in Spain
- Investing in the Spanish economy through real estate or equities
- Have the ability to expand its business in other EU countries.
- No language requirement
- No residency requirement
Being able to live abroad and travel with a Spanish passport Disadvantages of the Golden Visa program include:
- Having to invest significant capital to qualify
- Having to wait 12 months after receiving the permit before applying for Spanish citizenship
Lose the right to live in other EU countries if you ever become a Spanish citizen:
- Having to learn Spanish up to a certain level if you ever want to speak fluently
Additional Benefits of the Gold Visa
In addition to the requirements and procedures to obtain the Spanish Golden Visa, it is essential to highlight the additional benefits offered by this type of visa, which go beyond permanent residence and investment opportunities.
The Golden Visa not only facilitates access to Spain and the European Union but also opens doors to a series of privileges and exclusive amenities for its holders.
Among these additional benefits, Gold Visa holders can enjoy preferential treatment in administrative procedures, access to premium banking services, and networking opportunities with other investors and entrepreneurs.
This level of access not only enriches the experience of living in Spain but also enhances opportunities for personal and professional growth.
The Gold Visa is therefore positioned as a valuable tool for those seeking not only to reside in Spain but also to join a community of individuals with similar interests and aspirations.
The possibility of being part of this exclusive circle offers tangible personal, professional and financial advantages, making the Gold Visa an attractive option for investors and entrepreneurs around the world.
Conclusion
The Spanish Golden Visa program offers a simplified path to permanent residency in a popular European country. It is an excellent opportunity to invest in real estate, stocks or government bonds and receive a residence permit in return.
The Golden Visa is also an excellent option for retirees and digital nomads who wish to travel and live abroad.
To qualify for the Spanish Golden Visa, investors must meet certain requirements and pay a fee.
We provide service both in Marbella and in Madrid contact us to arrange a meeting or make use of the contact form.