Spain launched its golden visa programme in 2013. An investment of €500,000 in real estate will gain family residency. The Spanish investor visa can be renewed every two years. After five years it is possible to gain permanent residency and after ten years citizenship. It is not necessary to live in Spain in order to retain and renew the residency visa permit.
It is possible to apply for permanent residency in Spain after living in the country for five years. Citizenship can be applied for after living full time for ten years. Although the temporary residency permit (the golden visa) can be easily renewed without living in the country, the route to both permanent residency and citizenship requires the investor and their family to reside in Spain.
After several years of price declines real
estate is now at rock bottom prices and the Spanish property market offers considerable potential for capital gains in the coming years. Investors need to consider their purchase carefully. Is it for investment and rental or lifestyle? There are many offers on the market from developers and banks, but location and property type is critical to the success of the investment.
Yes, you are free to travel to the Schengen countries of Europe.
With the golden visa, you only need to visit Spain once during each residency period.
Yes. As opposed to the wealth visa, with this visa you can be employed in Spain.
The golden visa will not automatically get you on track for Spanish citizenship. To receive Spanish citizenship, you need to have lived in Spain 183 days per year for a minimum of 10 years. If after obtaining your golden visa, you decide you want to work towards citizenship, please talk to us.