Spain’s Golden Visa is one of the most sought-after residency by investment programs, allowing wealthy investors and entrepreneurs outside the EU to invest in its booming economy. Also known as the Spanish Residence Permit Program, the pathway was first introduced in 2013 by the Spanish government to encourage foreign investment and talent from foreign countries.
The Spanish Residency by Investment program is a fast-track route for eligible foreign entrepreneurs to acquire temporary EU residency in a few months by investing a minimum of €500.000 in real estate, business, government bonds, or a bank deposit.
Apart from offering European citizenship and residency, Spain residency by investment offers the following benefits:
Applicants must meet the following eligibility criteria to apply for Spanish residency by investment program:
Following investment options are available under Spain’s Golden Visa:
Invest in Real Estate- Applicants can purchase a real estate property with a minimum value of €500,000.
Bank Deposit- Under this option, applicants may make a minimum transfer of €1 million into a Spanish bank account.
Invest in Financial Assets- Applicants may apply for Spanish residency by investment by making one of the following investments:
Talk to our immigration experts.
The expert team at Abhinav Immigration Services will evaluate your profile and suggest the best possible investment option for you.
Gather necessary documents
Based on your profile and the investment pathway you choose, our team will assist you in preparing documents. We will review all your documents for compliance to ensure all requirements are met, including proof and source of funds.
Residency application submission
In this stage, your application for residency and all required documents related to your investment, will be submitted to the Ministry of Economics Spain.
Your application will be review and go through due diligence checks. In this stage, the Spanish government will evaluate the information submitted by you.
Receive approval of residency
After a successful review of all your documents, you’ll be granted a residence permit and a letter of advice informing you of their decision.
Get Spanish residency
After you have submitted your biometrics, you will receive a residence card which comes with two years’ validity. The card can be renewed after five years. Investors are eligible to apply for permanent residency after five years, however, they must demonstrate that they have lived in Spain for more than four years and two months in the last five years.
€9,000 for a family of four for the initial application and €2,500 for each renewal.
How Abhinav can help you?
Are you ready to start with us? Just fill our free assessment form or call us at
(+91) 859 533 8595
and let our immigration experts help you make the move as smooth as possible.