Insider
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Golden Visa in Spain
Residency by Investment
Moving to Spain can be a dream come true for a lot of people. However, getting a new residency is never easy, and it definitely has its fair share of challenges.
That’s why you can try out getting residency via the Golden Visa, which means you make a significant investment in a property within the country. That alone can actually bring in tremendous results and a great way for you to become a Spanish resident.
What is the Golden Visa?
This is a residence program that’s designed for citizens outside of the EU that want to move in Spain. Getting a residency in Spain is complicated if you are outside of the European Union.
That’s why having a visa for investors can help speed up the process. It’s efficient and fast, and you will find yourself impressed with the benefits. This program is so popular that around 10% of the residence permits are Golden Visa permits in Spain.
Who is the Golden Visa for?
As we mentioned earlier, this is a program targeting anyone outside of the EU.
If you want to invest in Spain properties as a way to obtain your residency, this is the right program for you. People from Russia and China in particular are known to enjoy this type of program.
Getting a ticket to the visa and not having to deal with tons of paperwork is appealing to a lot of people, and the program is very efficient. You can even apply directly from Spain, and if you have a Golden Visa, you can work and live in Spain for 2 years.
How do you get the Golden Visa?
You can do that by purchasing a real estate property that’s worth more than 500000 EUR.
Either that, or you can buy shares in a Spanish real estate company or also create a bank deposit in a Spanish entity for more than 1 million EUR.
You can also have possession of Spanish public debt upwards of 2 million EUR. You can also invest in a business project that will end up being developed on the Spanish territory.
Are there any requirements for the Golden Visa?
- You can’t be from a country in the EU and you also need to be over 18 years old
- You shouldn’t have any criminal record, either in Spain or any other country
- You need to have full coverage healthcare in Spain
- The real estate investment in Spain has to be over 500000 EUR
- You must show the economic means to maintain the family and principal investor.
Conclusion
Getting the Golden Visa is a great way to start residing in Spain.
Generally, it takes 20 days for the Golden Visa application to be reviewed, so you won’t receive results right away.
One thing to note is that you can’t finance your investment, it has to come out of your pocket. And yes, you can buy multiple properties that total 500000 EUR, it doesn’t have to be a single property. Money in the bank is no profitable, a careful and studied real estate portfolio is.
The Golden Visa is a great way to reside in Spain and eliminate a lot of paperwork, so it’s totally worth giving it a try!
Spain is a highly in demand investment destination and one of the most desirable destinations in the world.
With its wonderful scenery, beautiful beaches, diversified culture, rich history, amazing diversified food, the country attracts millions of people each year.
Polítical and legal stability brings Spain to top destination option.
Furthermore, Spain is one of the top three countries in the world in tourist destination, which makes a unquestionable destination to invest in real estate.
The Spain Residence by Investment Program is the most expedient way to obtain residency status in this vibrant country for those who choose to do so.
Through our Trust Fund Partnership Programe we offer our clients a variety of options and via our investment platform or options, we offer the best gateway to enter the Spanish market in a secure way.
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