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Spain Residency Program
Spain is renowned for its rich history, diverse culture, and vibrant cities. It offers diverse landscapes, from the beaches of Costa Brava and Costa del Sol to the mountains of the Pyrenees and the volcanic terrain of the Canary Islands.
With Spain established tourism industry, it attracts investors all over the world for years. Before Covid-19, foreign homebuyers accounted for about 12% to 20% of all home sales in Spain annually. After the down period due to the Covid-19, interests from foreign investors picked up again in second half of 2022. Spain’s Golden Visa program with option to invest in real estate makes it one of the most popular program in Europe.
PROGRAM BENEFITS
No residency requirements!
Moving to Spain is an option but it is NOT a must. You could continue to your residence else where but are required to be in Spain for at least 1 day per annum (to renew residence card).
Real Estate investment is allow!!!
Minimum property value is EUR 500,000.00
High ROI
Rental market in Spain is good. The ROI is about 5% yearly and could go up to 7% depending on your management options.
Very fast processing time!
Your application can be approved in within 20 days
Entire family are eligible
Parents (in-laws), spouses and children under 18 and dependant children. Three generations in one application!
High-standard of schooling.
Your children will have access to many prestigious high schools or universities at the local fee.
Visa-Free access within Schengen Zone countries
REQUIREMENTS
Due Diligence
- Criminal record and verification: Applicants must provide a clean criminal record from their country of residence. Spain authority will also conduct their background check to confirm the applicant's criminal status.
- Health insurance: all applicants must have health insurance that are valid in Spain.
- Proof of Funds: Evidence of sufficient financial means to make the required investment and support themselves and their family in Spain.
Processing time
20 days.
Residency Process
- The first residence card is valid for a period of 3 years
- The second residence card is valid for a period of 5 years
- After 5 years of legal residence, permanent residency can be applied.
Time to citizenship
Applicant might apply for citizenship on 10th years of residence having met other citizenship requirements.
- Real Estate: acquiring real estate with minimum value of EUR 500,000.00 or more (one or more properties).
- Finance Investment: a minimum investment of EUR 1 mililon in Spanish investment fund, listed shares, or bank deposits or of EUR 2 million in Spainish government bonds.
INVESTMENT OPTIONS
PROCESS
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