Best Golden Visa Lawyers in Alicante

About Golden Visa Law in Alicante, Spain

The Golden Visa program in Spain is an attractive option for non-European Union investors seeking residency in Spain through investment. Established in 2013, the program offers a residency visa to individuals who make a significant economic investment in the country. Alicante, situated on the Mediterranean coast, is a popular destination due to its favorable climate, vibrant culture, and investment opportunities, particularly in real estate. The Golden Visa not only allows one to reside in Spain but also travel freely across the Schengen Zone, making it an appealing choice for global investors.

Why You May Need a Lawyer

While the process to obtain a Golden Visa might seem straightforward, there are instances when legal advice can be indispensable. Some common scenarios where legal assistance is crucial include:

• Understanding and navigating the complex legal requirements and documentation involved in the Golden Visa process.
• Conducting due diligence on potential real estate investments to ensure compliance with Spanish laws.
• Handling any issues related to property valuation, taxes, or legality of the investment.
• Interpreting the nuances of residency requirements and their implications on taxation and immigration status.
• Addressing any legal disputes or complications that may arise during the investment process.

Local Laws Overview

The Golden Visa in Spain requires making certain qualified investments, such as purchasing real estate worth at least €500,000, investing in Spanish government bonds, or creating a significant business venture. Key aspects of the local laws in Alicante that are pertinent include:

• A minimum real estate investment of €500,000, free of liens or mortgages, is required to qualify for the Golden Visa.
• The investment must be made in one or more properties, which can be residential or commercial.
• Applicants must demonstrate lawful financial means and clear criminal records.
• Residency under Golden Visa does not necessitate an actual stay in Spain, though it does require a visit to the country at least once per year.
• Spanish Golden Visa holders enjoy free travel across the Schengen Zone without additional visas.

Frequently Asked Questions

What is the minimum investment required for a Golden Visa in Alicante?

The minimum real estate investment required is €500,000.

Can I work in Spain with a Golden Visa?

Yes, a Golden Visa permits you to live and work in Spain.

Is the investment amount inclusive of taxes and fees?

No, the €500,000 investment must be clear of taxes, fees, or mortgages.

How long does it take to obtain a Golden Visa in Spain?

The approval process generally takes between 20 days to 3 months, subject to complete and accurate submission of documents.

Does the Golden Visa cover family members?

Yes, immediate family members such as spouses and dependent children can be included.

What type of properties can I invest in for a Golden Visa?

Both residential and commercial properties are eligible for investment.

Do I need to pay taxes on my invested properties?

Yes, annual property taxes and any applicable rental income taxes must be paid.

Can I obtain permanent residency with a Golden Visa?

Yes, after maintaining residence for five years, permanent residency can be applied for.

Are there language requirements for the Golden Visa?

No language proficiency is required for obtaining a Golden Visa.

Will the Golden Visa allow me to travel in Europe?

Yes, it grants free movement within the Schengen Zone.

Additional Resources

For more information and legal advice regarding the Golden Visa in Alicante, you may consider consulting the following resources:

• Spanish Ministry of Foreign Affairs and Cooperation
• Local immigration offices or 'Oficinas de Extranjería'
• Professional legal associations in Alicante
• Spanish Chamber of Commerce

Next Steps

If you are considering applying for a Golden Visa in Alicante and require legal assistance, it is advisable to:

• Contact a local attorney specializing in immigration and real estate law.
• Prepare and organize all necessary financial and legal documents for review.
• Schedule a consultation to discuss your specific situation and options.
• Engage in thorough due diligence on any potential investments, especially real estate.
• Stay informed about any changes in laws or policies that may affect your application.