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Residence by Investment in Spain, commonly known as the "Golden Visa," is a legal provision that allows non-EU citizens to obtain residency permits by making significant investments in the country. This program was introduced in 2013 to encourage foreign investment and has become a popular choice for investors seeking residency in Europe. By investing in Spanish real estate, government bonds, or creating business ventures, individuals can gain the right to live, work, and study in Spain, with the option of extending their residency to family members.
Seeking legal assistance is often necessary when navigating the complexities of Spain's Residence by Investment program. Common situations where legal help may be required include:
Several key aspects of Spanish law are particularly relevant to the Residence by Investment program:
The minimum investment varies depending on the type: 500,000 euros for real estate, 2 million euros in Spanish government bonds, or 1 million euros in Spanish businesses.
Yes, the Golden Visa allows you to live and work in Spain, and it also grants the right to conduct business activities.
The process typically takes around 20 days once all documentation is submitted, although this can vary depending on the complexity of the case.
Yes, the primary investor can extend residency benefits to their spouse, minor children, and, under certain conditions, to dependents.
There are no specific residency requirements, such as having to reside in Spain for a certain number of days per year to maintain the Golden Visa.
Tax residency is independent of the Golden Visa. You only become a tax resident if you spend more than 183 days in Spain per year.
Yes, after five years of continuous residency, holders can apply for permanent residency in Spain.
Yes, after ten years of residency, Golden Visa holders may apply for citizenship, provided they meet other conditions such as language proficiency.
Qualifying investments include real estate, government bonds, bank deposits, and business ventures that create jobs or have significant economic or technological impact.
While not strictly mandatory, opening a Spanish bank account can facilitate financial transactions related to investment and living expenses in Spain.
For further assistance with the Residence by Investment process in Spain, consider consulting the following resources:
If you are considering pursuing residence by investment in Spain and require legal assistance, the following steps are recommended:
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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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