Spanish golden visa provides residency to Non-European Union Citizens who want to purchase real estate property in Spain with a minimum price of €500,000. The Spanish government issues this residence permit under the “Entrepreneurs’ Law” to encourage national investment.
On the other hand, the Golden visa in Spain is an intriguing option. for non-European Union countries such as the United Kingdom, Canada, and the United States of America that decide to buy real estate properties in Spain.
Moreover, the real estate market in Malaga, Marbella, and Costa Del Sol is still thriving. The purchase of property in southern Europe offers real estate investors a fast and easy solution to getting a residency permit for themselves or their families, and to live somewhere that is too popular for its weather point of view.
How To apply for Spanish Golden Visa:
If you ever made any investment in recent times or years, then all you need to do is apply for a Golden visa at the nearest Spanish Embassy. The investment must be committed at the time of the golden visa application, but it does not have to be finalized.
Keep in mind that you do not have to be in Spain to Apply for Golden Visa, but most impotently, you will need a prior visit to take a closer look at your real estate investment opportunities, open a bank account and also meet a lawyer.
After making the investment decision, you can grant your lawyer “Power of Attorney” to submit an application for a Spain Golden Visa.
Spain Golden Visa Applications for Family Members:
Each member of your family must apply for a separate visa to go to Spain. Most importantly, they have documentation of family ties.
What Family Members Are Appropriate for the Spain Golden Visa?
These own circle of family members are appropriate or eligible for Spanish Golden visa.
- Your wife.
- Your parents who depend on others.
- Your siblings under the age of 18 years.
Additionally, residency permits will be given to your family, and be permitted to travel anywhere inside the Schengen Zone.
Documents Need to Apply for Spanish Golden Visa:
- All is needed to require a Spanish Golden visa form
- Require two passport-size photos
- Require main passports for the main applicant
- A health insurance policy issued by a Spanish firm
- Criminal record certificate
- Proof of adequate funds to maintain yourself and your family while in Spain. Documents proving the investment, such as a property deed or an investment statement
Benefits of Spanish Golden Visa:
- Maximum Flexibility:
There is no need to relocate to Spain in order to keep your resident rights.
- Quick approval timeline:
According to Spanish legislation, applications must be decided within 20 days, or they will be approved by default.
- Family Members Included:
Your family members can enjoy access to the unique advantages of Spain and the wider European Union (EU).
- Health and Education:
You can access health and education with the same rights as a Spanish citizen.
- Travel Freely:
You can travel freely in Europe without having an additional visa.
- Plenty of investment options:
One of the benefits of having a Spanish golden visa is to choose Real estate, investment funds, or investing in Spanish enterprises.
Frequently Asked Questions:
How much money must be invested in order to receive Spanish Golden Visa?
The most well-known method of acquiring a Spanish is real estate investment. Golden visa. In order to receive a Spanish golden visa, you must invest a minimum of €500,000.
Is it possible to get a Golden Visa and get permanent residency in Spain?
To renew your Golden Visa, you do not need to live in Spain. A permanent residence permit will be granted to you if you remain in Spain for five years. After ten years of residency, you can seek Spanish citizenship. You and your family can use Spain’s health and education systems.
What are the benefits of obtaining a Golden Visa in Spain?
The rapid issuing of a residence permit and the comparably low cost of renewal are unquestionably the key benefits of Spain’s Golden Visa. Naturally, Spain is compared to its neighbor Portugal and the undeniable success of the golden visa system there.