Golden Visa Spain requirements
Spain’s Golden Visa program, officially known as the Spanish Investor Residency Program, was launched in 2013 to attract non-EU investors who can contribute to the country’s economy. The program offers investors and their families the opportunity to obtain residency permits in Spain in exchange for a minimum investment in the country.
Here are the requirements to obtain a Golden Visa in Spain:
- Investment in real estate The most common way to obtain a Golden Visa in Spain is by investing in real estate. The minimum investment amount is €500,000. The investment can be made in one or several properties, as long as the total investment amount reaches the minimum threshold. The investment must be made without a mortgage and must be maintained for at least five years.
- Investment in Spanish companies Another way to obtain a Golden Visa in Spain is by investing at least €1 million in Spanish companies. The investment can be in the form of shares or equity, and the investor must maintain the investment for at least five years.
- Investment in Spanish government bonds Investing at least €2 million in Spanish government bonds is another option to obtain a Golden Visa in Spain. The investment must be maintained for at least five years.
- Investment in a Spanish bank deposit Investing at least €1 million in a Spanish bank deposit is another option to obtain a Golden Visa in Spain. The investment must be maintained for at least five years.
Other Golden Visa Spain requirements
Aside from the investment requirement, there are a few other requirements to obtain a Golden Visa in Spain:
- Non-EU citizen The Golden Visa program in Spain is only available to non-EU citizens.
- Clean criminal record The investor must have a clean criminal record and cannot have been refused entry into any of the Schengen countries.
- Health insurance The investor and their family members must have health insurance that covers them in Spain.
- Proof of financial means The investor must have sufficient financial means to support themselves and their family members while living in Spain.
- Personal presence in Spain The investor must visit Spain at least once during the application process to obtain their biometric data and sign the necessary documents. After obtaining the Golden Visa, the investor must visit Spain at least once a year to maintain their residency status.