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The Spain Golden Visa Programme is aimed at non-EU individuals and families seeking to make an investment in the country, apply and gain residence in Spain. Regulated by the so-called Entrepreneurs Law, the Spain Golden Visa programme is the programme of choice for those seeking lifestyle and accessibility.
Spain Golden Visa Programme
Diverse Real Estate options to obtain an EU Golden Visa.
Officially known as the Kingdom of Spain, this country is widely known for being a tourist destination and for its cultural diversity and laidback lifestyle. Despite being a successful programme over the past few years, not many know that this country offers the Golden Visa Programme, which comes with a diversity of benefits – namely Spanish Residence.
Spain Golden Visa Programme: The Benefits
Acquiring Spanish Residence through the Spain Golden Visa Programme comes with a vast array of benefits:
- Work and live legally in Spain, and have Visa-Free access to the Schengen area
- Residence permit initially valid for 2 years, without the need to live in the country
- Applying for your entire family and gaining access to top education
The Spanish Golden Visa programme offers advantages aplenty for those individuals or families interested in having a European base with the flexibility of travelling within the Schengen area.
Moreover, Spain is a very sought-after country of residence due to its temperate weather, warm locals, delicious food, and stunning natural beauty.
Spain is the most climatically diverse country in Europe, presenting 5 main climactic zones but the most prominent feature shared by the majority of them remains the temperate climate with dry, warm summers. These are best experienced on the Eastern and Southern shores overlooking the Mediterranean with turquoise waters starkly contrasting the luscious flora found on the rocky seashore.
The Iberian Peninsula also offers amazing treks in the mountainous regions further central to the country with Sierra Nevada taking the crown.
How can you apply for the Golden Visa in Spain?
The Spain Golden Visa Programme is available to individuals and their dependants who want to make an investment in the country to gain Spanish Residency that can take different forms:
- Making a property investment worth a minimum of €500,000
- Have an investment in the form of shares in a Spanish company or bank deposit for a minimum of €1M
- Having bought a minimum of €2M in Spanish Government Debt, or
- Investing in a business project to be developed on Spanish soil with specific qualifying criteria. This will need to generate employment, contribute to technological and/or scientific innovation, or have a strong socio-economic impact.
The most well-known way of applying for a Spanish Golden Visa is to make a property investment of a minimum value of €500,000. The Spanish property market is vast and offers a vast array of property investment options for applicants interested in applying for a permanent Spanish residence.
Our advisors will assist and provide you with a capital outlay for the Spanish Golden Visa Programme to apply for Spanish residence. That way you can have the full cost associated with the application for residence in Spain.
Our team will guide you through the process of becoming a Spanish Resident through the Spain Golden Visa Programme. Also, the consultants from Sotheby’s International Realty will be able to find the right property for you and your family and investment needs whilst ensuring it fulfils the investment criteria required by the Spain Golden Visa Programme.
The warm locals are sure to welcome you with open arms and introduce you to their mouth-watering delicacies and relaxed lifestyle.
What is a NIE and what is it used for?
A NIE is a Foreigner’s Identification Number known as a Número de Identificación de Extranjero in Spanish, a unique number used to track all financial and legal activities of a foreigner in Spain. It is mandatory for all foreigners to have one if they wish to carry out such activities within the country, whether they have residence or citizenship in Spain or not.
The NIE is used for a number of things such as paying taxes in Spain, buying or selling property in Spain, opening a bank account, buying or selling a motor vehicle, registering a business in Spain, arranging utilities, amongst many others.
At CSB Group we assist our clients with our partners on the ground throughout all procedures, providing support from start to finish.
Our highly qualified team of experts will aid you in the pursuit of a Spain Golden Visa, providing guidance through the subtleties of steps such as applying for a NIE, ensuring you peace of mind throughout the entire process.
Opening a bank account in Spain
Once in possession of a NIE, one can open a bank account in Spain which will then be used for any transaction including real estate investment. There are a number of accredited banks throughout Spain one can choose from depending on the client’s needs.
CSB Group avails itself of a web of partners on the ground who are ready to help and guide you every step of the process as you apply for a Spanish bank account. Reach out to our experts at [email protected] to find out more.
Spain Golden Visa Eligibility
In order to qualify for Spanish Residence through the Spain Golden Visa, applicants will need to fulfill the qualifying investment criteria and be:
- A non-EU national – the Spain Golden Visa is not open for EU Nationals
- The main applicant needs to be at least 18 years old
- Applicants need to be of good standing, with no criminal records
- Applicants cannot apply if they have entered or stayed illegally in Spain
- Applicants cannot apply if they have Schengen visas rejected in any other Schengen country
- The investor and their family must have health insurance and show proof that they have enough financial means to support themselves.
These are some of the most important points to apply for a Spanish Residence permit under the Spain Golden Visa, but this not meant to be a full legal guide.
These are some of the most important points to apply for a Spanish Residence permit under the Spain Golden Visa, but this not meant to be a full legal guide.
How can CSB Group help you to apply for Spanish residence through the Spanish Golden Visa?
CSB Group provides top-notch services to families worldwide. Having more than 30 years in the Service Industry, CSB Group has been guiding worldwide Private Clients and High-Net-Worth families with their Investment Immigration needs and strategies from the inception of such immigration programmes.
A Streamlined Process
The Spanish Golden Visa Programme has a processing timeframe which ranges between approximately 3-6 months from the purchase of the property to the issuing of the Spanish Residence cards. CSB Group Advisory Team will assist you and your family in every step of the journey to your Spain Golden Visa status.
Also, the Associates from Sotheby’s International Realty will assist you in finding the best properties that are suitable for both your family desires and your investment needs. Sotheby’s International Realty can give you access to the finest and most luxurious properties in the country, guiding you through the process of buying an estate that fulfils the investment criteria required to get a Spanish Golden Visa.
Frequently Asked Questions about the Spanish Golden Visa
Can I get residency in Spain if I buy a house?
You can qualify for a Spanish Golden Visa if you make an investment in Real Estate of minimum €500,000. If you buy a property of that minimum value or over, you will qualify for the Golden Visa in Spain, and an application can be submitted to the Spanish Government.
You will need to satisfy other requirements and submit other documents, like passport copies, police certificates, proof of source of wealth and funds, etc.
How much do I need to invest in Spain to get residency?
The minimum investment to qualify for a Spanish Golden Visa is of €500,000 and that needs to be made in Real Estate.
How long is the Spain Golden Visa valid for?
The Spanish Golden Visa is issued for 2 years and can be renewed for another period. However, in some cases, there is the possibility of renewal and will be granted with a 5-year residence permit.
ABOUT SPAIN
Fact File
Full Country Name:
Kingdom of Spain
Capital City:
Madrid
Population:
46,918,000(As of 2019)
Currency:
Euro (€)
Member of the EU:
Since 1986
Total Area SQM in KM:
505,944
Official Languages:
Spanish
Climate:
Mediterranean & Continental Climate - hot summers and rainy winters
Life Expectancy:
Male: 80.3 years - Female: 85.8 years (As of 2016)
Interesting Fact:
The first "modern" novel, "Don Quixote" was written by the Spaniard, Miguel de Cervantes in 1605
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Citizenship & Residence Planning Services
We offer assistance with the following programmes
Testimonial
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We chose Malta as our new permanent home and CSB Group to help us through the residency process. They went way beyond our expectations treating our application as if it were their own. Their service was nothing short of stellar from understanding our needs preparation of the required documentation, and follow-up phase during a period with the sharpest movement restrictions. Malta deserves a place on every investor’s radar, mostly because of the surprising efficiency permeating the place, efficiency which starts with CSB.
Christian G.
Thank you for making everything run perfectly smooth for us. Your team looks after us as if we were their parents and they are everything one can wish for; accurate, fast and with a vast knowledge. We are very fond of CSB Group and we are more than content.
Retired Swiss Entrepreneur
We have had the good fortune of working with Andres and his team at CSB on a variety of citizenship and residency matters for our clients. CSB has given us thoughtful and thorough advice and been an invaluable partner. Despite being many time zones and thousands of miles away, Andres and his team are incredibly responsive and willing to speak at any hour of the day. We would certainly recommend them to anyone seeking best-in-class legal advice related to global citizenship and residency issues.
An independent investment office
We are impressed by CSB's continuous ambition to exceed customer’s expectations. We truly believe in long lasting partnerships, so in the past 15 years we were lucky enough to take advantage of CSB's international reach and professional services. CSB's industry experts take the administrational burden off our shoulders and let us focus on what matters - business! CSB made us both, more professional and more successful in our international commercial activities. Thank you CSB, smarter business truly starts here!
Gottfried J. Sint
Noricum Investments Ltd
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