Foreign Nationals Can Apply for Spain’s “Golden Visa” Program Until April 3, 2025!
In December 2024, the Spanish Congress of Deputies approved the termination of the “Golden Visa” program. The decision to end the program was officially published in Spain’s Official State Gazette (BOE) on January 3, 2025.
However, residency-by-investment programs, including real estate investment options, remain available and in high demand in Cyprus, Malta, and Greece.
Spain Golden Visa Program
Spain Golden Visa Program is a state program that provides investors and entrepreneurs, as well as their family members with a residence permit (residence permit) for investment in the country’s economy.
The Spanish investment residence permit program is extended to non-EU citizens who want to immigrate to Spain or obtain a European residence permit without the need to reside in the country, in other words, have an alternative option.
The Golden Visa allows you to live, study and work in Spain. It can also lead to obtaining a permanent residence (permanent residence) and, ultimately, Spanish citizenship and passport.
Benefits of a residence permit in Spain by investment
Obtaining a residence permit in Spain under the “Golden Visa of Spain” program provides many advantages: ✓ Freedom of movement within Schengen Area. ✓ Living in a developed European country with a high standard of living. ✓ There is no requirement for permanent residence in Spain. ✓ Residence permit under the “Golden Visa” program is easy to renew, you simply need to confirm that you maintain a minimum investment. ✓ The Spanish Resident Card entitles the applicant and his family members to work, in direct employment or to run their own business. ✓ The future for children. Many investors choose this program in view of the education of their children in prestigious schools, colleges and universities in the EU at resident rates. ✓ After 5 years of residence, you can apply for permanent residence, after 10 years – Spanish citizenship by investment.
Investment options for obtaining a residence permit in Spain
• 2 million euros to Spanish public debt securities, or
• 1 million euros to Spanish capital companies with a real activity or business
• 1 million euros to Spanish investment funds, or
• 1 million euros in bank deposits Spanish financial entities.
• Acquisition of property in Spain with an investment of value or more than 500,000 euros.
• Investing in a Spanish business project that will create jobs and promote technological and / or scientific innovation.
Type of residence permit and extension
– Residence permit in Spain with a Golden Visa is initially issued for 2 years and then extended for 5 years. – After 5 years, the investor and his family are eligible to apply for permanent residence in Spain, provided that the minimum investment is maintained. – After obtaining permanent residence, you no longer need to maintain your Golden Visa investment. – There are no requirements for residence in Spain to keep and renew the resident card.
Family members
Family members included in the application receive an extension card that expires at the same time as the main applicant’s residence permit. The family application include:
spouse
minor children
financially dependent children of any age, if they are not married and are enrolled in full-time education
financially dependent parents of the investor and / or spouse.
Contact the specialists of Feod Group! We will not only carry out an investment analysis and select the most attractive investment project in Spain, but we will also help to open a bank account in Spain, confirm the legality of the source of funds, obtain a residence permit in Spain for the whole family, optimize taxation, obtain health insurance and much more.
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Spain Golden Visa - FAQ
How to get a Golden Visa in Spain?
To obtain a Golden Visa in Spain, the applicant needs to invest at least € 500,000 by buying real estate, or € 1 million in Spanish companies, or € 2 million in government bonds or in Spanish business projects.
Also, the investor needs to pass a due diligence check: to confirm the legality of the source of funds, the absence of deportations, entry bans and convictions.
What is the minimum investment required to obtain a Golden Visa?
Minimum investment from 500.000 € through the purchase of one or more properties in Spain.
What can you invest in in Spain?
500 thousand € – purchase of any real estate in Spain
1 million € – shares and equity participation in companies with Spanish capital
1 million € – bank deposits of Spanish financial institutions
1 million € to Spanish investment funds
2 million € to Spanish public debt securities
Can I receive a residence permit in Spain when buying a house or villa?
Yes, you can apply for a Spanish Golden Visa if the property is worth at least € 500,000.
What is the investment retention period?
Under the terms of the Golden Visa program, the investor can return the investment in five years with the preservation of the status.
How long is the Spanish Golden Visa issued for?
The residence permit has an initial validity of 2 years with the possibility of renewal for 5 years, provided that the applicant maintains a minimum investment in Spain. After 10 years of residence in Spain, investors can apply for citizenship.
Do you need to know Spanish to get a Golden Visa?
Under the terms of the Golden Visa program, there are no requirements for knowledge of the Spanish language.
Do I need to live in Spain after obtaining a residence permit and to extend it in the future?
There is no minimum period of stay for maintaining Spanish resident status.
Can the Spanish Golden Visa give me citizenship?
Yes, after 10 years of residence in Spain you will be able to apply for citizenship. To do this, you must pass a test of knowledge of the language, history and culture of the country.
Tetyana Lementaryova is the Managing Director of Feod Group, with over 20 years of experience in international business, education, and immigration. In 2004, she graduated from Nottingham Trent University (London, UK) with a Bachelor’s degree in International Business (BA Hons). In 2006, she ea...
Tetyana Lementaryova is the Managing Director of Feod Group, with over 20 years of experience in international business, education, and immigration. In 2004, she graduated from Nottingham Trent University (London, UK) with a Bachelor’s degree in International Business (BA Hons). In 2006, she earned an MBA in Marketing Management from the European School of Economics (Rome, Italy). Between 2005 and 2009, she co-founded the Italian tour operator New Lands (Rome, Italy).
Areas of Expertise:
✔ Academic Career Planning Abroad: Comprehensive support at every stage of education in the EU, UK, and USA, from choosing institutions to enrollment and document preparation. ✔ Immigration Programs: Consulting and assistance in obtaining student visas and other residency permits. ✔ Investment Projects: Selection and analysis of investment opportunities, including real estate. Tetyana actively participates in industry conferences and seminars, staying up to date with the latest trends and regulatory changes. She also shares her expertise through Feod Group publications, covering a wide range of topics, including education strategies and immigration program insights. Fluent in Ukrainian, English, Russian, Italian, and French.
Since 1992, Feod Group has been providing a wide range of legal, business and immigration services in Europe, the USA and other countries of the world.
The company has accredited western lawyers, experts in various fields of law and jurisdictions of the world.
Having offices in Europe and the USA, Feod Group provides rapid paperwork and maximum customer comfort.
We provide our clients with related services, such as relocation and adaptation abroad, organizing family relocation abroad, enrollment of children in schools and many other services.
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