A Golden Visa for Spain, also known as a Spain Investor Visa, is a residency permit granted to non-EU individuals who make a major investment in Spain, such as purchasing real estate, starting a business, or creating jobs.
In most circumstances, Golden Visas are awarded to people who buy real estate in Spain. They are also known as Spain Investor Visas since they are offered to foreign business owners who invest in Spain or in a Spanish company. Read this guide to learn more about Golden Visa.
How To Qualify
For an investor to be considered for golden visa acquisition, they must make significant investments in property management, such as buying housing apartments in Spain. These are the parameters that must be met;
- Purchase at least €500,000 worth of real estate in Spain. The real estate can be a single unit or a group of units with a total value of at least €500,000. It can be done anyplace in Spain, such as with a real estate investment in Barcelona. This qualifies the investor for Real Estate Acquisition Residency Visas.
- Make an investment worth at least €2,000,000 in the Spanish state debt.
- Purchase shares in a company or make a deposit of at least €1,000,000 in a Spanish bank.
Investors who make any of the last two investments criteria are eligible for Residency Visas for Capital Investors.
You can also invest in a new enterprise that will provide jobs for Spanish citizens, contribute to scientific or technological innovation, and have a substantial socioeconomic impact.
Where And When To Apply
After you have invested the required amount of money in Spain, you should begin the application procedures. You must be committed to making the investment, even if it does not have to be completed. The earliest you can apply is three months before your planned vacation to Spain. You can apply for a visa at the Spanish Embassy or Consulate in your area.
Because the investment is so large and not without risk, most potential applicants contact investment immigration consultants to determine their eligibility. To learn more about Golden Visa, click here.
