Residence permit in Spain

Golden visa to the European Union for investing in liquid property
Minimum capital for investment
from €500,000.
Processing time
up to 6 months.
Investment options
6 options.
Permanent residence
after 5 years.
Citizenship
after 10 years.

Spain residency by investment

Spain offers a residence permit through an investment initiative referred to as the Golden Visa programme, targeting foreign investors who commit substantial financial resources to the country's economy. In addition to investing, the participant in the programme must prove savings of 4 times the annual minimum subsistence level in Spain.

Investment options and minimum amounts to obtain an investor visa in Spain:

  • Ready to use property: €500,000.
  • Bank deposit: €1 million.
  • Securities of Spanish companies: €1 million.
  • Shares of investment funds: €1 million.
  • Government bonds of the country: €2 million.
  • A business project that contributes to the development of the economy and job creation.

An obligatory condition for the validity of the Spanish golden visa is the safety of investments. The sale of real estate, securities or withdrawal of funds from a bank deposit will lead to the loss of residency status. At the same time, the investor can freely rent out the property purchased to obtain a residence permit in Spain. In addition, investors under the Golden Visa programme gain privileges such as the ability to conduct business, work, and enjoy visa-free travelling within the Schengen area.

Family members of the investor, such as the spouse and financially dependent relatives, also have the option of obtaining a golden visa in Spain. Inclusion of relatives in the application does not affect the amount of investment but requires confirmation of their status and financial dependence. Initially, a golden visa in Spain is issued for 12 months. Further, this document is extended at the request of the holder for an unlimited number of times for 2 years. Permanent residence in the country for the prolongation of the residence permit for investment is not required.

After 5 years, the investor and the family can obtain a permit for permanent residence in Spain. Then after another 5 years, the right to apply for Spanish citizenship arises.

Golden visa in Spain: benefits

Simplicity and speed of registration

Inclusion of family members in the application

Extension without residence in the country

Right to work and business

No visa borders with Schengen states

Quality health care and education

Stable economy

Access to the international banking system

Tax benefits

Citizenship after 10 years

Security and high standard of living

Favourable climate

Proximity to the sea

Visa-free travel with countries

USA
USA
United Kingdom
United Kingdom
Canada
Canada
Norway
Norway
Switzerland
Switzerland
Germany
Germany
France
France
Spain
Spain
Sweden
Sweden
Finland
Finland

Requirements for Golden Visa in Spain

An investor who plans to obtain residency in Spain, in addition to investing in the economy, must:

  • Have the financial means to reside.
  • Not have a criminal record for the previous 5 years.
  • Be in the country legally.
  • Pay for health insurance.

If family members of the investor also apply for Spain Golden Visa, the amount of necessary financial resources is increased by the amount of one minimum subsistence level in Spain for each family member.     

Documents for participating in Golden Visa programme in Spain

To apply for a residence permit in Spain by investment in real estate you will need:

  • A valid passport.
  • Confirmation of the fact of investment.
  • Certificate of absence of criminal record.
  • Medical insurance policy.
  • Spanish TIN.
  • Bank statement showing sufficient funds for living expenses.
  • 2 colour photographs that meet the requirements for visa photographs.

The process for obtaining a Spanish Golden Visa for property investment

1 to 4 months

Selection and purchase of property

Foreign investors can select a property on their own or use the services of professional real estate agencies. Before buying a property, it is necessary to carefully check the documents on the property to exclude risks. After selecting a suitable property, the investor executes the sale and purchase transaction.
20 to 40 days

Entering the country on a visa

To apply for a Spanish Golden Visa through property investment, the applicant must first obtain a national visa in the country of residence from the Spanish consulate and move to Spain.
3 to 5 weeks

Submitting an application

After entering the country during the period of validity of the visa, it is necessary to apply for a Spanish residence permit. To do so, you must prepare and submit an application together with a package of necessary documents.
20 days

Processing of application

The application process typically spans from 20 to 60 days. During this time, migration services rigorously verify the authenticity of submitted documents and ensure applicants meet all stipulated requirements.
2 months later

Obtaining a residence permit

After approval of the application, the investor is issued a residence permit card in Spain, which is valid for 1 year with the possibility of renewal. Thereafter, renewal of residence permit in Spain can take place every 2 years. To get a residence permit in Spain, you will need to live in the state for 5 years.

Objects in Spain with the right to obtain a residence permit

Citizenship in Spain

A foreign citizen who has taken out a residence permit for investment can obtain a Spanish passport on general grounds. To do this, a number of requirements must be fulfilled:

  • Residence in the country for 10 years without interruption.
  • Passing the Spanish language exam.
  • No problems with the law.
  • Renunciation of previous citizenship.

Obtaining a Golden Spanish passport opens access to social services and benefits and allows you to freely visit more than 170 countries around the world.

The cost a Golden Visa in Spain is from €500,000

Investing in property requires taking into account not only the cost of the housing itself but also the additional costs associated with the purchase and subsequent residence. The main categories of associated costs that make up the cost of a golden visa in Spain include:

  • Consular fee for issuing a national visa: €80.
  • State duty for issuing a residence card: €100.
  • Property transfer tax: from 6% to 10% of the value of the property.
  • Tax on documented legal acts: from 0.5% to 1.5%, applicable to the purchase of new buildings.
  • Notary and registration fees: approx. 1% of the value of the property.
  • Legal services: from 1% to 2% of the value of the housing.
  • Medical insurance policy.

In addition to the cost of a residence permit in Spain, you should plan a budget to pay for:

  • Property tax: at the rate of 0.4–1.1% of the cadastral value of the housing.
  • Utilities: €100–200.
  • Damage insurance: €300–500 per year.
Name of item of expenditureCost in EUR
Buying property from 500,000
Tax charges 6–11,5% of the housing price
Notary and registration fees 1% of the housing price
Legal services 1–2% of the housing price
Medical insurance policy (for 1 year) 700–900
Visa and resident card processing 180

FAQ

What is the Golden Visa in Spain?

A programme enabling foreign investors and their families to obtain a residence permit.

How much is a Golden Visa in Spain?

The minimum investment required to obtain a residence permit is €500,000.These funds must be used for the purchase of property.

How long do I have to wait to obtain a residence permit in Spain?

The application processing time from the moment of submission of all necessary documents is usually up to 3 months.

How long is a residence permit in Spain?

For 12 months with the possibility of extension, provided that the investment is safeguarded.

How can I extend my residence permit in Spain?

You need to prepare the necessary documents and apply to the immigration service.

How to get Golden Visa in Spain?

Use one of the following options:

  • Buy a ready-to-use property for €500,000.
  • Make a deposit of €1 million in a Spanish bank or buy securities for this amount.
  • Invest €2 million in government debt securities.
  • Establish a business to employ people or to introduce advanced technology.
What gives a residence permit in Spain?

The rights include residency, business operations, employment, visa-free travel within the Schengen Area, and the acquisition of a residence permit.

Who can get residence permit in Spain for investment?

An investor who meets all the requirements of the Golden Visa programme.

Is it possible to obtain a residence permit in Spain remotely?

It is possible to apply only on the territory of Spain.

What documents are required to obtain a residence permit in Spain?

Documentation proving the fact of investment and availability of sufficient finances for residence, passport, Spanish TIN, health insurance policy, and certificate of no criminal record.

How to obtain Spanish citizenship?

Stay in the country continuously on a residence permit for 10 years.

Can I work in Spain with a residence permit?

Golden visa holders are entitled to work and operate businesses within the country.

Contact US

 
Afghanistan +93
Albania +355
Algeria +213
Andorra +376
Angola +244
Anguilla +1264
Antigua and Barbuda +1268
Argentina +54
Armenia +374
Aruba +297
Australia +61
Austria +43
Azerbaijan +994
Bahamas +1242
Bahrain +973
Bangladesh +880
Barbados +1246
Belarus +375
Belgium +32
Belize +501
Benin +229
Bermuda +1441
Bolivia +591
Bonaire, Sint Eustatius and Saba +599
Bosnia +387
Botswana +267
Brazil +55
British Indian Ocean Territory +246
British Virgin Islands +1284
Brunei +673
Bulgaria +359
Burkina Faso +226
Burundi +257
Butane +975
CAR +236
Cambodia +855
Cameroon +237
Canada +1
Cape Verde +238
Cayman islands +1345
Chad +235
Chile +56
China +86
Christmas Island +61
Cocos +61
Colombia +57
Comoros +269
Congo +242
Cook Islands +682
Costa Rica +506
Cote d 'Ivoire +225
Croatia +385
Cuba +53
Curaçao +599
Cyprus +357
Czech Republic +420
Democratic Republic of the Congo +243
Denmark +45
Djibouti +253
Dominica +1767
Dominican Republic +1809
East Timor +670
Ecuador +593
Egypt +20
Equatorial Guinea +240
Eritrea +291
Estonia +372
Ethiopia +251
External small islands (USA) +1
Falkland Islands +500
Faroe Islands +298
Fiji +679
Finland +358
France +33
French Guiana +594
French polynesia +689
Gabon +241
Gambia +220
Georgia +995
Germany +49
Ghana +233
Gibraltar +350
Greece +30
Greenland +299
Grenada +1473
Guadeloupe +590
Guam +1671
Guatemala +502
Guinea +224
Guinea-Bissau +245
Guyana +592
Haiti +509
Honduras +504
Hong Kong +852
Hungary +36
Iceland +354
India +91
Indonesia +62
Iran +98
Iraq +964
Ireland +353
Israel +972
Italy +39
Jamaica +1876
Japan +81
Jordan +962
Kazakhstan +7
Kenya +254
Kiribati +686
Korea, Democratic People's Republic of +850
Kuwait +965
Kyrgyzstan +996
Laos +856
Latvia +371
Lebanon +961
Lesotho +266
Liberia +231
Libya +218
Liechtenstein +423
Lithuania +370
Luxembourg +352
Macau +853
Macedonia +389
Madagascar +261
Malawi +265
Malaysia +60
Maldives +960
Mali +223
Malta +356
Marshall Islands +692
Martinique +596
Mauritania +222
Mauritius +230
Mayotte +262
Mexico +52
Micronesia +691
Moldova +373
Monaco +377
Mongolia +976
Montenegro +382
Montserrat +1664
Morocco +212
Mozambique +258
Myanmar +95
Namibia +264
Nauru +674
Nepal +977
Netherlands +31
New Caledonia +687
New Zealand +64
Nicaragua +505
Niger +227
Nigeria +234
Niue +683
Norfolk Island +672
Northern Mariana Islands +1670
Norway +47
Oman +968
Pakistan +92
Palau +680
Palestinian Territories +970
Panama +507
Papua New Guinea +675
Paraguay +595
Peru +51
Philippines +63
Pitcairn +870
Poland +48
Portugal +351
Puerto Rico +1787
Qatar +974
Reunion +262
Romania +40
Russian Federation +7
Rwanda +250
Saint Barthélemy Island +590
Saint Helena +290
Saint Kitts and Nevis +1869
Saint Lucia +1758
Saint Martin's Island +590
Saint Vincent and the Grenadines +1784
Saint-Pierre and Miquelon +508
Salvador +503
Samoa +685
San marino +378
Sao Tome and Principe +239
Saudi Arabia +966
Senegal +221
Serbia +381
Seychelles +248
Sierra Leone +232
Singapore +65
Sint-Marten +599
Slovakia +421
Slovenia +386
Solomon islands +677
Somalia +252
South Africa +27
South Sudan +211
Spain +34
Sri Lanka +94
Sudan +249
Suriname +597
Swaziland +268
Sweden +46
Switzerland +41
Syrian Arab Republic +963
Taiwan +886
Tajikistan +992
Tanzania +255
Thailand +66
The Republic of Korea +82
Togo +228
Tokelau +690
Tonga +676
Trinidad and Tobago +1868
Tunisia +216
Turkey +90
Turkmenistan +993
Turks and Caicos Islands +1649
Tuvalu +688
Uganda +256
Ukraine +380
United Arab Emirates +971
United Kingdom +44
United States +1
Uruguay +598
Uzbekistan +998
Vanuatu +678
Vatican +379
Venezuela +58
Vietnam +84
Virgin Islands (US) +1340
Wallis and Futuna Islands +681
Yemen +967
Zambia +260
Zimbabwe +263
Åland Islands +35818
Choose program *
Apply
  • Choose program *
  • Citizenship
  • Residency
  • Golden Visa
  • Other
Investment Budget (USD) *
Apply
  • Investment Budget (USD) *
  • Less than $200,000
  • $200,000 - $300,000
  • $300,000 - $500,000
  • $500,000 - $1,000,000
  • More than $1,000,000
Send