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Citizenship by Investment in Spain, while commonly offered in several countries, is not a straightforward program in Spain. Instead, Spain offers a "Golden Visa," allowing individuals to obtain residency through significant economic investment within the country. The path from a Golden Visa to citizenship involves several steps, including residing in Spain for a number of years and proving sufficient integration into society. The Spanish government allows for investments in real estate, business investments, or a significant deposit in a Spanish bank to qualify for the Golden Visa, which provides a durable residency permit.
Navigating the process of obtaining a Golden Visa, and potentially progressing to Spanish citizenship, is complex and often requires legal advice. Here are some reasons you might need a lawyer:
The key aspects of local laws relevant to Citizenship by Investment in Spain are:
The minimum investment required is €500,000, typically in real estate or other approved financial investments.
To apply for citizenship, you must first secure a Golden Visa, maintain residency for at least ten years, and meet other integration requirements.
Yes, the Golden Visa allows you to live and work in Spain legally.
Yes, immediate family members, including spouses and children under 18, can be included in the application.
No, there is no minimum stay requirement to maintain the Golden Visa, but prolonged absence may affect reapplication and transition to permanent residency.
If you sell your qualifying investment, you must reinvest in another qualifying asset to retain your Golden Visa.
Continuous residency is needed for citizenship; prolonged absence can negatively impact the application process.
You must demonstrate competency in the Spanish language during the citizenship application process.
Tax implications vary, and it is advisable to seek legal advice to understand your obligations fully.
Yes, other investments, such as significant business or financial investments, can also qualify for the Golden Visa.
To further explore Citizenship by Investment in Spain, consider consulting the following resources:
If you are considering Citizenship by Investment in Spain and need legal assistance, here are the next steps:
Obtaining legal advice is crucial to navigating the complexities of Citizenship by Investment in Spain effectively and ensuring compliance with all applicable laws.
Lawzana helps you find the best lawyers and law firms in Spain through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including Citizenship by Investment, experience, and client feedback.
Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters.
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Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation.
We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.
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