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Golden Visa is a residency permit that allows non-EU citizens to live and work in Spain when they invest in the country. The investment can be made through real estate, business, or government bonds. This program aims to attract wealthy individuals and promote economic growth in Spain.
It is advisable to consult with a legal professional when applying for a Golden Visa in Spain to ensure that all legal requirements are met and to navigate any complexities that may arise in the process. A lawyer can provide guidance on the investment options, assist with documentation, and represent you in legal proceedings if needed.
Key aspects of local laws in Spain relevant to Golden Visa include the minimum investment amounts, required documentation, eligibility criteria, and application procedures. It is important to comply with Spanish regulations and seek legal advice to avoid any potential pitfalls in the process.
The minimum investment amount for a Golden Visa in Spain is €500,000 in real estate, €1 million in bank deposits, or €2 million in government bonds or shares.
Yes, family members, including spouses, children under 18, and dependent parents, can also apply for a Golden Visa based on the primary applicant's investment.
The Golden Visa in Spain is initially valid for one year, renewable for two-year periods as long as the investment is maintained.
Golden Visa holders in Spain are allowed to work and conduct business activities in the country.
After holding a Golden Visa for five years, individuals can apply for permanent residency and subsequently qualify for Spanish citizenship.
Golden Visa holders are required to pay taxes on their worldwide income in Spain, as well as any capital gains generated from the investment.
There are no language requirements for obtaining a Golden Visa in Spain.
No, the investment for a Golden Visa in Spain must be made with funds owned directly by the applicant without relying on loans or mortgages.
If the investment is sold, the Golden Visa may be revoked unless a new investment is made within a certain period.
The processing time for a Golden Visa application in Spain varies but can take several months to complete.
For more information on Golden Visa in Spain, you can refer to the Spanish Government's official website or consult with the Spanish Consulate in your country. Legal professionals specializing in immigration law can also provide valuable assistance.
If you require legal assistance with your Golden Visa application in Spain, it is recommended to seek out a qualified lawyer with experience in immigration law. They can offer personalized guidance and support to help you navigate the process smoothly and ensure compliance with local regulations.
