GOLDEN VISA SPAIN WITH 500.000 € INVESTMENT
Spain introduced its Golden Visa program in 2013. With an investment of 500,000 € in real estate, the family residence is acquired. The Spanish investor visa can be renewed every two years. After five years it is possible to obtain permanent residency and after ten years citizenship. It is not necessary to live in Spain to keep and renew the residence permit.
PERMANENT RESIDENCE AND CITIZENSHIP IN SPAIN
After five years of residence in Spain, one can apply for permanent residency. Citizenship can be applied for after living in the country full time for ten years. Although the temporary residence permit (the golden visa) can be easily renewed without having to live in the country, the path to permanent residence and citizenship requires that the investor and his family reside in Spain. For this reason, the Spanish Golden Visa program is popular with those applicants who wish to either maintain permanent residence in Spain or simply maintain a second residence in Europe, but without seeking citizenship. Investors seeking European citizenship are advised to consider the Portugal Golden Visa program.
SPANISH GOLDEN VISA THROUGH REAL ESTATE INVESTMENT.
After reaching a low point in 2015, Spanish real estate prices steadily increased from around €1450/m² in 2015 to around €1700/m² in 2022, registering an annual growth of around 2%. However, prices are still below the peak of €211 per square meter reached in 2008, and at today’s prices, real estate in Spain can continue to represent value in the future. An investment of €500,000 is required to apply for a golden visa. Investors who wish to use our services can find out more about our process or read more details about the golden visa program in Spain.
Leave a Comment