Golden Visa in Spain: Everything You Need to Know

The most common procedures for legally moving to Spain are obtaining a work permit, student visa, visa at your own expense (without the right to work), etc. But often, when obtaining them, it is necessary to overcome paperwork: a lot of documents, standards, and requirements. You can also obtain Spain citizenship by investment.

That is why the Golden Visa, especially in recent years, has gained such popularity. What is its main advantage? Simplicity. You invest in Spain and instantly receive a residence permit. If you are still in doubt, this article will provide you with all the information you need about the Spanish investor visa. Let’s get started!

What Is a Golden Visa? Basic Concepts

The Golden Visa program is a special residence permit for citizens of countries outside the European Union who wish to reside in Spain.

Most residence permits for non-European citizens involve going through complex procedures: collecting a package of documents, overcoming bureaucracy, stringent requirements … Therefore, the procedure for obtaining an investor visa in Europe is constantly gaining popularity.

For what reason? Due to the simplicity of the procedure and the speed of obtaining the result.

According to the El País newspaper, Spain has established itself as a favored country for the Golden Visa. These data are striking: out of almost 6,000 residence permits issued in our country in 2018, about 600 were Golden Visas. It is important to understand that the number of issued Golden visas does not stop growing. And there is no doubt that this trend will continue in the long term.

What Are the Advantages of a Golden Visa in Spain?

An investor visa in Spain has the following advantages:

How to Obtain an Investor Visa in Spain?

There are several ways to obtain a golden visa in Spain:

Finally, by investing in the development of a business project in Spanish territory. The main requirements for the project are as follows: this project must create new jobs, contribute to the scientific and technological progress of the country, or make a socio-economic contribution. Most Americans have ventured into the Spanish real estate sector to secure this visa. MySpainVisa can help you secure your golden visa in Spain with less hassle.

What Are the Requirements for Obtaining an Investor Visa?

To successfully apply for a Golden Visa, the applicant must meet the following requirements:

How Long Can You Live in Spain With This Residence Permit?

After obtaining a golden visa, the investor can legally reside in Spain for one year. After this period, the applicant can request a residence permit for two years, which can subsequently be renewed.

To do this, the applicant must confirm that he still owns the assets in the acquisition of which he has invested, whether it be real estate, stocks, or government debt. In addition, you must visit Spain at least once a year.

Do you want to apply for citizenship based on investment? Remember that a golden visa is one of the ways to obtain Spanish citizenship. After 10 years of legal residence in Spain, the investor will be eligible for citizenship.

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