Spain Residence Permit

What is the 14/2013 law?

The 14/2013 law, known as the Spanish Golden Visa, came into force on 27 September 2013. It enables non-EU nationals who invest 500,000 euros or more in property in Spain to receive a Spanish residence permit. So far it has proven most popular with Russian, Chinese investors, Egypt, Qatar, Iran and Lebanon.

What types of residence permits are granted under Spain’s Golden Visa law?

One-year residence visa for investors (year 1)

Two-year residence visa for investors (years 2 to 5+)

Long-term residence and Spanish nationality (year 5 onwards)

Am I eligible for a Spanish residency permit under Spain’s Golden Visa law?

If your answer to these questions is yes:

Are you 18 years old or older?
Do you possess public or private health insurance valid in Spain?
Can you demonstrate you have economic resources to support yourself, the applicant, as well as any dependents?
Can you prove you are able to pay the visa processing fee and applicable taxes?

And your answer to these is no:

Have you ever entered or stayed illegally in Spain, or been refused entry into any Schengen countries?
Do you have a criminal record?
Are you listed as undesirable in Spain?

Then you are eligible! Read on to find out more.

Is my family included in the Spanish investor visa?

Yes, your spouse and any children under 18.

What is the investment threshold for the Spanish Golden Visa?

The property investment threshold is 500,000 euros or more per investor.

What are the investment criteria for the Spanish Golden Visa?

The investment can be comprised of one or more properties, which may be of a residential, touristic, rural, commercial or industrial nature; rural land, developed land, buildings under construction or decrepit buildings.

Are there any restrictions on property use?

There are no restrictions on property use; investors can use the property in any way that is legal.

What are the financing criteria for Spanish Golden Visa?

Investors must use at least 500,000 euros of their own funds, which must come from transparent sources that comply with existing legislation. Above that threshold there is no limit to debt financing, for instance with a mortgage in Spain.

Can I make the investment through a company?

Yes, you may make the investment through a company so long as you have control of it and it is not based in a tax haven.

As a foreign investor, how do I begin the process of buying property in Spain?

Once you have found a suitable investment, you sign a power of attoey granting our Lawyer the right to act on your behalf in the property conveyancing and residency processes.

Is it necessary for me to visit Spain personally to find a property?

No, if you find a property you are prepared to buy without having seen it yourself, you can authorize our Lawyer to purchase the investment on your behalf with a power of attoey.

How do I apply for the Spanish Golden Visa?

Once you have bought a property that meets the investment criteria, you apply for your one-year spanish golden visa which can be issued for one, two or multiple entries into Spain; our conveyancing solicitors can do this for you. In the vast majority of cases, the visa application is processed and notification sent within 30 working days.

What rights does the one-year spanish golden visa grant me?

The one-year investor visa allows you to spend one year in Spain, and travel freely in the Schengen area for 90 out of every 180 days.

Am I obliged to stay in Spain with the one-year golden residence visa?

You are not obliged to spend a minimum amount of time in Spain. However, to get a residency permit at the end of the first year, you must have visited Spain at least once during that year.

What happens after the first year?

You can apply for authorization to live in Spain for two more years, renewable for another two years after that, indefinitely.

How do I apply for the Spanish Golden Visa?

Our Lawyer can do this for you through a power of attoey. Processing and granting the residency will be done by the Spanish Ministry of Foreign Affairs. Applications will be responded to within 30 working days from the submission of the application.

What are the conditions for receiving the two-year Golden Visa in Spain?

You must be able to show that you have travelled to Spain at least once in the previous twelve months, while in possession of the one-year investor visa. The investment threshold of 500,000 euros must be maintained. Properties can be bought and sold during this period, so long as the investment threshold is maintained.

As an investor, can I be granted permanent residency in Spain or Spanish nationality?

After five years of continuous residence, Golden Visa investors can apply for permanent residence in Spain. Likewise, after ten years of residence, Spanish nationality can be requested. In such cases, an effective justification of at least six months of residence must be provided in the majority of cases.

Are there any other investments that qualify me for a Spanish Golden Visa?

Investing two million euros in Spanish treasury bonds.

Investing one million euros in shares of Spanish companies or bank deposits in Spanish banks.

Developing a business project in Spain that accomplishes one or more of the following:

1.Meaningful job creation

2.Socioeconomic impact

3.Relevant contribution to scientific and/or technological innovation.

فروش ملک و بیزینس موفق در اسپانیا...