This will allow eligible investors and/or their families to successfully apply for Spanish citizenship. Investors must also travel to Spain twice a year, leaving no more than five and a half to six months between each visit. While it is not necessary to live in Spain in order to obtain and renew residence permits, the pathway to citizenship requires the investor and their qualified family members to live in Spain for at least six months per year for ten consecutive years. Please note that applicants will be required to visit Spain to submit their biometric data. You can obtain permanent residency after you’ve been domiciled in the country for five years. The initial residence permit is granted for one year, or two years if you visit Spain, which can then be renewed every five years. Qualifying applicants and their family members who meet the program’s requirements and invest at least €500,000 ($546,000) in real estate, or at least €1 million ($1.09 million) in a business, government bonds, or otherwise, are offered an easy and quick way to a residence permit. What’s behind the program’s popularity? Well, a key advantage of the Spanish Golden Visa is that the government legislation does not impose a minimum period of residence. As of 2021, 13,000 Golden Visas have been approved, according to the Ministry of Inclusion, Social Security and Migration ( Ministerio de Inclusión, Seguridad Social y Migraciones ). Similar to Portugal’s Golden Visa program, the Investor Visa program has proven particularly popular among applicants from China, Russia, Venezuela, Ecuador, Brazil, and India. Reasons to Apply for the Spanish Golden Visa Individuals can either purchase real estate, invest in Spanish companies, create employment opportunities, or make a qualifying contribution to government bonds. The Spanish Investor Visa program grants qualifying individuals a renewable, temporary residence permit in exchange for an investment in the country. Required Documents for the Golden Visa in Spain.Spain Golden Visa Program Investment Options.Eligibility Requirements for the Golden Visa Spain.General benefits of the Spanish Golden Visa.Reasons to Apply for the Spanish Golden Visa.In this ultimate guide, we aim to provide you with practical and up-to-date information on the procedure of the Spain Golden Visa, including the program’s benefits, requirements, and application process. Thanks to the Spain Golden Visa program, global citizens who are not part of the European Union (EU), European Economic Area (EEA), or Switzerland can financially invest in Spain and be granted a legal residence permit. Much like other nations have adopted the Golden Visa, Spain also offers foreign investors and their families an opportunity to secure residency in Spain in exchange for a qualifying economic contribution. Spain’s world-class beaches, mouth-watering cuisine, rich culture, and high living standards are attractive enough prospects for relocation.
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