Residence for Investment in Spain
What is the Investment Residency?
The Residence for Investment in Spain, also known as "Golden Visa", is a residency option for foreign investors who wish to settle in Spain in exchange for making a significant investment in the country. This visa facilitates obtaining residency for those who contribute to the economic development and job creation in Spain through investments in real estate, companies or strategic projects.
Requirements to obtain the Residence for Investment in Spain:
To qualify for Residency by Investment, applicants must meet certain requirements and make an investment in one of the following categories:
- Investment in Real Estate: Acquire a property in Spain with a minimum value of 500,000 euros. This investment can be in one or several properties and must be free of liens and encumbrances.
- Investment in Business Projects: Invest at least 1 million euros in the creation of a company or in the expansion of an existing company in Spain. The investment must demonstrate its significant contribution to economic development and job creation.
- Investment in Government Bonds: Make a minimum investment of 2 million euros in Spanish government bonds. This option is designed for those who wish to support the Spanish economy in a more indirect way.
- Investment in Investment Funds: Invest at least 1 million euros in venture capital investment funds, private equity funds or funds investing in Spanish companies.
Advantages of Investment Residency in Spain
- Access to the European Union: Holders of investment residency may travel and reside in any Schengen country without the need for an additional visa.
- Family Reunification: Residency applications are allowed for immediate family members, including spouses and children.
- Stability and Quality of Life: Living in Spain offers access to an excellent health care system, education and a high quality of life in a culturally rich environment.
- Residency Flexibility: Holders are not required to reside in Spain for the entire year, which offers flexibility in terms of length of stay.
Application Process for Investment Residency in Spain
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Making the Investment: The first step is to carry out the investment in one of the categories allowed by Law 14/2013. It is crucial that the investment is made in a formal manner and all relevant aspects are documented.
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Application Preparation: Gather all necessary documentation, including proof of investment, personal identification, proof of financial solvency and other required documents.
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Submission of the Application: The application must be submitted to the Large Companies and Strategic Collectives Unit (UGE-CE). This agency will evaluate the application and the investment made.
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Evaluation and Resolution: The UGE-CE will issue a resolution within approximately 20 working days. If the application is approved, the residence card will be issued.
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Obtaining the Residence Card: Once the application is approved, the applicant must register at the corresponding immigration office and apply for a residence card.
How can we help you?
Our team of lawyers specialized in immigration law and in the process of residency by investment is ready to assist you at every stage of the procedure. We offer comprehensive advice to ensure that you comply with all legal requirements and that your residency application is as efficient as possible.
Contact us for a Free Consultation
If you are interested in Residency by Investment in Spain or need more information about the requirements and application process, please do not hesitate to contact us. We offer a free web consultation to answer your questions and help you get started on your path to residency in Spain.
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If you are in Madrid or you are planning to come and want to make an in-person consultation with our lawyers, here is the address of our office. However, if you want to save time, you can schedule your appointment here.
