The Spanish Golden Visa program was introduced in 2013 to encourage foreign investment in Spain by offering a pathway to residency for non-EU investors who meet certain criteria. Here are the steps you can follow to obtain a Spanish Golden Visa:
It is recommended that you consult with an immigration lawyer or a reputable agency that specializes in obtaining Golden Visas to ensure that you meet all the requirements and that your application is submitted correctly.
To obtain a Golden Visa, you must invest a minimum of 500,000 euros in Spanish real estate, open a business in Spain with a minimum investment of 1 million euros, or invest a minimum of 2 million euros in Spanish government bonds. You must also meet certain requirements, such as having no criminal record, having health insurance, and having sufficient funds to support yourself and any family members.
The Golden Visa is initially valid for two years and can be renewed for another two years. After five years, you can apply for permanent residency in Spain.
One of the main benefits of the Golden Visa is that it allows you to live and work in Spain without the need for a work permit. You also have access to the Spanish healthcare system and can travel within the EU without a visa.
In addition to the benefits of living in Spain, the Golden Visa can also be a smart investment. Spain’s real estate market has been recovering since the 2008 financial crisis, and investing in Spanish property can offer good returns. The investment in government bonds also provides a secure and stable investment opportunity.
It is important to note that obtaining a Golden Visa can be a complex process, and it is recommended that you seek the advice of an immigration lawyer or a reputable agency that specializes in obtaining Golden Visas to ensure that you meet all the requirements and that your application is submitted correctly.