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The Golden Visa in Spain, officially known as the Spanish Residence-by-Investment Program, was introduced in 2013 to attract foreign investment. It allows non-European Union citizens to obtain residency in Spain in exchange for a significant investment in the country. The most common form of investment is real estate, where a minimum of €500,000 is required. The visa offers residency benefits for the investor and their family members, with the opportunity to travel within the Schengen Zone and, after a time, potential access to a Spanish passport and EU citizenship.
Navigating the Golden Visa process can be complex, and there are several situations where a lawyer's expertise can be invaluable:
Key aspects of Spanish law relevant to the Golden Visa include:
The minimum investment required is €500,000, typically in Spanish real estate.
No, you are not required to live in Spain but must visit at least once each year.
Yes, your spouse and children can also obtain residency permits as part of the Golden Visa program.
While holding a Golden Visa does not automatically make you a tax resident, staying over 183 days a year in Spain does. It is advisable to consult a tax advisor.
The processing time for the Golden Visa is generally between 2 to 6 months, depending on individual circumstances.
While the Golden Visa itself does not lead directly to citizenship, after ten years of residency, you may apply for Spanish citizenship, subject to meeting other requirements.
There are no specific restrictions on the type of property; however, the investment must be a minimum of €500,000 in value.
Yes, but each individual's share must reach the €500,000 minimum investment threshold to qualify for each individual.
If your application is rejected, you typically receive an explanation and may have the opportunity to correct or appeal the decision.
Yes, the Golden Visa allows you to work in Spain without needing a separate work permit.
For more information, consider consulting the following resources:
If you're considering obtaining a Golden Visa in Spain and need legal assistance, here are some steps to follow:
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 Golden Visa, 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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