Spanish Golden Visa

The Spanish Golden Visa was introduced by the Spanish government back in 2013 as an incentive to encourage foreigners from all corners of the world to invest in sunny Spain.

After all, why not invest in our wonderful country? The laid-back life-style, mouth-watering cuisine, world-famous culture and Mediterranean climate are just a few points in the long list of attractions that draw millions of tourists to Spain each year.

There are many Visa options if you are looking to relocate to Europe or, more specifically, Spain. However one of the most attractive options is the Investor or “ Golden” Visa, mainly due to the fact that it is a fast-tracked and simple application process and because it is an easy way to permanent residency and even Spanish citizenship by simply investing 500,000 € in real estate.

The benefits are endless. To mention just a few:

  1. The whole process is extremely fast-tracked from start to finish.
  2. With this permit you can travel around the 26 Schengen area countries for up to 90 days every six months.
  3. You are granted the same rights as other EU nationals: to live, work and study here.
  4. The renewal process is as easy as the initial application, provided you maintain the initial investment.
  5. There are many different investment options, although the most popular is real estate.

Questions & Answers

Can the real estate investment be more than one property?

Yes, it can be made up of as many residential or commercial properties as you want as long as the minimum, unencumbered amount of €500,000 is met.

Can the investment property be rented or leased?

You can rent or lease the property as much as you want, just bear in mind that you will be taxed on this income and cannot sell the property if you want to maintain your Visa.

Do I need to live full-time in Spain to keep the Visa?

No, this again is why the Visa is so popular. You can choose between just visiting on vacation or relocating to Spain.

Can I mortgage the property in Spain?

Only for any amount after the initial €500,000.

Can I live and work in Spain under this Visa?

This type of Visa grants you and your family the same rights as EU citizens, including living, working and studying in Spain. In conclusion, this Visa is so popular for a reason – the simplicity to apply and maintain it. Thousands of Spanish Golden Visas have been granted since its introduction in 2013, with 94% of them being through investing in real estate.