There are many reasons why you should consider Spain as a safe property investment. Its warm climate, excellent gastronomy, art, world-renowned culture and low living costs make it a safe and ideal investment.
3-year historical example: investment 500k €, possible return 90k € (20k rent + 70k revaluation. Does not take into account expenses/taxes).
The Golden Visa grants a number of benefits to the applicant, such as the right to live and work in the country or to travel in the rest of the free movement territory (Schengen area). It is acquired by purchasing one or more properties totaling 500,000 euros that are free of encumbrances.
The Golden Visa programme is a special residency option aimed exclusively at non-EU nationals wishing to move to Spain and make an investment of at least 500,000 euros. Compared to traditional processes for obtaining residence permits, the Golden Visa offers simplicity and speed, making it increasingly popular with non-EU investors.
Spain has become a leading destination for the Golden Visa, with a high number of residence permits granted compared to other European countries. Demand for this type of visa continues to grow, especially after Ireland and Portugal withdrew their similar programmes. Now is the ideal time to invest in a Golden Visa in Spain, before the opportunity is gone.
It is essential to highlight the specific regulation that applies to the residence permit for investors in this situation. This is because we are referring to the Entrepreneur Law 14/2003, and not to the general Spanish Aliens Law.
This difference will be crucial for your legal situation, especially with regard to the application and subsequent renewals.
Unlike other visas under the general immigration law, the Golden Visa application can be made immediately from Spain.
In addition, the Golden Visa grants you a first residence and work permit in Spain for a period of two years, instead of just one.
Another important distinction with respect to other permits issued under the same Entrepreneurs Law is that, after five years, a second renewal of the Golden Visa can be made, which will eventually allow you to apply for permanent residence.
Simple applications. With an investment of 500.000 euros in real estate, you will obtain this residence permit without complications or additional requirements.
2+5 years in Spain With this Visa you can live and work in Spain for 2 years and renew it for 5 more years, which will allow you to easily obtain the Residence Permit.
You only visit the country once a year. It is not necessary to be a tax resident in Spain, you only have to visit the country once a year to renew your residence permit.
Bring your family. You can include your spouse and children in the joint application, so they will also obtain residence in Spain with your investment.
Once the Golden Visa has been granted, the investor has a period of two years to reside legally in Spain. Subsequently, they may renew this permit for a further five years, provided they can prove that they still have the initial investment, whether in real estate, shares or public debt.
In addition, it is a requirement to have travelled at least once to Spain during the year. If the investor is interested in obtaining Spanish citizenship through investment, he/she should bear in mind that after ten years of legal residence, he/she will be able to apply for Spanish nationality.
You have the right to stay 90 days in a 180-day period without applying for a residence permit or visa.
You can buy or rent your property as you wish, but you must be careful not to exceed the 90/180 day rule.
If you would like more time, the options are:
– Study visa.
– Residence for work (with a job offer).
It is an ideal place to live with the family as it offers the possibility of accessing schools, health centers, shopping areas such as Goya or Serrano, and cultural options such as the renowned Prado Museum or the Reina Sofía. In addition, it will also allow you to disconnect from the city atmosphere thanks to its proximity to the Retiro.
This region, known for its lush vegetation and mountainous terrain, has a strong Celtic influence and is located in the northwest corner of Spain.
We will accompany you throughout the whole process, contact us without obligation:
