Real Estate Investment Advice
The residence by investment program, also known as “golden visa” or Golden Visa, is one of the ways to become a legal resident in Spain in just 7 days.
Golden Visa: Investment Residency Program
To attract foreign investors after the economic crisis of 2013, the Government of Spain launched the residence by investment program also known as “Golden Visa”.
Spain has become a fashionable destination for people with medium and high net worth individuals looking for a new legal residence and a second passport.
The main requirement: a qualified investment
The residence by investment program allows a foreigner, who is not a citizen of a country of the European Union, to become a legal resident by making a qualified and significant investment in Spain, such as:
Minimum Real Estate investment free of charges and encumbrances of
Deposit in bank account of the investor in Spain of
Buy government bonds by
Invest in company shares, investment funds or venture capital in Spain for
Benefits of residence by investment
The residency by investment program offers benefits that have gradually boosted the number of foreign investors in recent years. The program is an alternative for those individuals and families who want to secure a plan B or backup for the future.
90 VISA-FREE DAYS IN SPAIN
Currently, nationals of almost 60 countries can visit Spain for up to 90 days without a visa, including nationals of most Latin American countries and the United States.
• Eligible investors and family members can become legal residents while physically present as tourists in Spain.
• When submitting your applications during your stay in Spain, the Spanish administration must approve or deny the application within 20 working days of its submission. That is, investors can visit Spain, buy the property during those 90 days and return to their country of origin with the residence card in hand.
• Investment residency is initially granted for a period of 2 years and then extended for five-year periods as long as the investor maintains the investment.
NO PHYSICAL PRESENCE REQUIRED
FULL CONTROL OF THE INVESTMENT
Investors can work without restrictions in Spain. However, some legal residents are not allowed to work in Spain. Although most investors do not plan to work in Spain, some prefer to have that flexibility in case it is necessary.
Risks in the process
Families benefited in 2021
Days to get residency
The fact that foreigners can visit the country and become residents in a matter of days, has provided great confidence to investors.
Frequently asked questions about investment by residence
Is health insurance necessary? ¿What is its cost?
What properties can I acquire?
From flats, apartments, commercial premises or buildings. There is a wide variety of offer in the real estate market at your fingertips.
Will I be accompanied in the process?
Of course, you will count on me and my team of lawyers throughout the process. My extensive experience in buying and selling properties has allowed me to work on real estate transactions of all levels, from holiday apartments to large mansions. We work with the best banks in Spain to offer you total peace of mind and the best economic advantages to make the operation a success.
¿Is it possible to invest in properties for rent?
Correct, in fact, it is one of the most common options for investors. In Spain a tourist license is required for this, which we will arrange for you to achieve your final goal.
We help you manage immigration procedures
It is not necessary to invest or live in Spain to become a resident. Foreign nationals can choose the legal path that fits their short- or long-term personal and immigration needs. Spain offers two ways to become a legal resident. There’s the investitive-residency program, also known as the “golden visa,” and the non-lucrative residency option.