Located in Southwestern Europe, Spain is known for its breathtaking nature, stunning beaches, vibrant culture, and rich history. The Spanish Golden Visa Programme is an excellent way to gain access to the Schengen Zone, providing investors with visa-free travel mobility. The programme also serves as a pathway to permanent residency and citizenship acquisition.
Nestled in southwestern Europe, the Kingdom of Spain is a diverse and captivating country that spans the Iberian Peninsula and beyond. Its vast territory encompasses the Canary and Balearic Islands, as well as the autonomous cities of Ceuta and Melilla in Africa. To the south, Gibraltar guards Spain’s mainland, which is bordered by the Mediterranean Sea to the south and east, France and Andorra to the north, and Portugal to the west.
With an area of 505,990 km² (195,360 sq mi) and a population of over 47.4 million people, Spain is the second-largest country in the European Union, and its cultural and historical capital, Madrid, beckons as a centre of art, fashion, and nightlife. Other major urban areas, including Barcelona, Valencia, Seville, and Bilbao, offer their own distinct charms, adding to the richness and diversity of this fascinating country.
Minimum Investment
Time to
Residency
Schengen Countries
Golden Visa holders are able to apply for Spanish permanent residency after 5 years of being a full-time resident, and for Spanish citizenship after 10 years of being a full-time resident (2 years for citizens of former Spanish colonies and Sephardi Jews).
Golden Visa holders are not subject to EU taxation unless they spend more than 183 days in the country.
Spain’s Golden Visa allows visa-free travel across Europe’s Schengen states.
The applicant and their family will have the right to live, work, and study in Spain, availing all the same benefits as other EU residents, including access to prestigious universities.
Become a European resident in just 2-3 months.
A single applicant can apply for family members to become their dependents including spouse and children.
Spain’s Golden Visa allows visa-free travel across Europe’s Schengen states.
Golden Visa holders are able to apply for Spanish permanent residency after 5 years of being a full-time resident, and for Spanish citizenship after 10 years of being a full-time resident (2 years for citizens of former Spanish colonies and Sephardi Jews).
Golden Visa holders are not subject to EU taxation unless they spend more than 183 days in the country.
The applicant and their family will have the right to live, work, and study in Spain, availing all the same benefits as other EU residents, including access to prestigious universities.
Become a European resident in just 2-3 months.
A single applicant can apply for family members to become their dependents including spouse and children.
The Spanish Golden Visa Programme presents the ideal opportunity for families seeking an alternative residence or lucrative investment property in the Mediterranean.
This programme requires a minimum property investment of EUR 500,000, which can be utilised as a rental property while still maintaining its status as an investment. A minimum investment period of 5 years requires that the applicant maintains their investment to retain and renew their Golden Visa. If the goal is to become a permanent resident in Spain, investments can be released after the permanent residence permit is obtained.Â
With a minimum property investment of EUR 500,000, investors and their families can obtain temporary residency in just a few months. A minimum investment period of 5 years requires that the applicant maintains their investment to retain and renew their Golden Visa. If the goal is to become a permanent resident in Spain, investments can be released after the permanent residence permit is obtained.
The application process is straightforward, and it may take up to 3 months between initiating the process and receiving the residency documents. The application process can be divided into the following stages:
Purchase commercial and/or residential real estate in Spain with a minimum value of €500,000 (around 12% in taxes, stamp duty and fees on top to be considered when buying a property in Spain)
Minimum Real Estate Investment (in $USD)
ROI or Rental Income Opportunity
Minimum Real Estate Holding Period
Title Deed or
Time-Share
Eligible candidates can qualify for Spain’s Residence by Investment Programme by making a commitment to a minimum of EUR 500,000 in real estate for a minimum period of 5 years.
The Spanish government applies a 70 EUR application fee per applicant
The Spanish passport will give you visa-free and visa-on-arrival travel to 184 countries. As a Spansih citizen, you have access to the Schengen area and all European Union countries. You have the right to the establishment, which refers to the ability to immigrate to all EU member states. Apart from Europe, Spain also has visa-free access to the United States of America, Canada and Australia.
Yes, an individual can hold more than one citizenship after being naturalised as a Spanish citizen. Spain accepts dual citizenship. However, the individual’s current country of citizenship may impose limitations.
Spanish language proficiency is not necessary for naturalisation, and the applicant does not require any citizenship test during the application process.
Spain has been a melting pot of cultures since ancient times, with settlers migrating from Europe, Africa, and the Mediterranean region. In the 8th century B.C., the Phoenicians arrived on the peninsula, which they called “Span” or “hidden land.” This rich cultural tapestry is reflected in Spain’s diverse traditions, cuisine, and architecture, among other facets of its national identity.
Spaniards are renowned for their zest for life and their love of communal dining and drinking. Traditional appetisers like tapas or pintxos, the Basque country equivalent, are beloved by locals and visitors alike. The country’s rich cultural heritage is reflected in its lively regional dances and music, which are almost as important to its people as football and religious festivals.
Spain is a captivating country occupying the majority of the Iberian Peninsula. The Mediterranean Sea borders Spain’s eastern edge, including the picturesque Balearic Islands, while the Canary Islands dot the sparkling waters of the Atlantic.
Spain, a parliamentary monarchy, enjoys a unique distribution of power between the king and the elected president. While a national parliament is in place, Spain remains one of the most decentralised democracies in Europe. The country’s 17 regions each have autonomy in managing their own public services, such as schools and hospitals.
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Spain, with its vibrant and historic cities, sunny beaches, and rich cultural heritage, ranks among the most popular tourist destinations in Europe, attracting more visitors than any other country except France. The tourism industry plays a crucial role in driving the country’s economy, which ranks as the eighth largest in the world.
Invest in your future with Passport Legacy and unlock a world of possibilities. Connect with one of our client advisors today to book a private consultation and discover bespoke residence and citizenship by investment solutions that cater to your unique needs.
Passport Legacy Consultancy Limited © 2024 All rights reserved
Passport Legacy Consultancy Limited
© 2024 All rights reserved
