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Residency

Nowadays, the global situation allows us to live in a way that meets our needs without limiting our residence and citizenship to a single country. Obtaining a second citizenship grants greater freedom, security, and privacy. Our company has the necessary knowledge and experience to advise and assist clients in making this decision

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One of the easiest and most direct ways to obtain Spanish residency is through the golden visa, a permit under the Entrepreneur Law 14/2013. This visa program for investment allows non-European citizens to obtain Spanish residency by investing in real estate

Spain offers one of the best residency programs for high net worth individuals who want to relocate to a new country. Having multiple residences is an increasingly common aspect that facilitates the right to live, work, study, and receive medical care in the new country of residence

A Complex Process

Laws are subject to continuous revision, making them increasingly complex. Legal procedures can be daunting for applicants who are not familiar with these processes

The use of an experienced specialist will significantly increase the chances of obtaining the Spanish residency. In most cases, the use of separated advicer makes the difference between success or denial of the residency.

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Residence In Spain Through Investment

Spanish golden visa program that allows all foreign citizens, after making a significant investment, to apply for an investor visa

This investment visa allows you to circulate without a visa throughout the European Schengen area

Benefits of golden visa

It allows you to live, work and study in Spain and move around the EU and the European Schengen Are

Ability to include a spouse or unmarried partner, financially dependent children of any age (adult children must be full-time students), and financially dependent parents of the primary applicant and/or their spouse who are 65 or older

The possibility to apply for Spanish citizenship and obtain a 2nd passport by investment after two years of effective residence for citizens of Latin America, Equatorial Guinea, the Philippines and Sephardi Jews; and 10 years for other nationalities

The possibility of completing the entire application procedure directly in Spain after entering as a tourist

Only need to visit Spain once a year. There is also no need to become a tax residen or a phisical resident to renew this visa (being able to enjoy great tax advantages)

Includes a work permit for both the investor and family members

Requirements

Investment options to obtain the golden visa

This visa is intended for foreigners who can prove the acquisition of real estate in Spain with an investment value equal to or greater than €500,000. The applicant must prove that the investment is free of any charge or lien. The portion of the investment that exceeds the required amount may be subject to a charge or lien

This visa is intended for capital investors with an initial investment of equal to or greater than €2,000,000 in Spanish public debt securities or an investment of equal to or greater than €1,000,000 in shares or equity interests of Spanish capital companies with a real business activity, in investment funds, closed-end investment funds, or venture capital funds, or in bank deposits in Spanish financial entities

 

This visa is intended for investors who present a business project to be developed in Spain and is considered and accredited as of general interest, as well as those who plan to enter and stay in Spain for a period of one year for the sole or main purpose of carrying out the necessary procedures to develop an entrepreneurial activity

Although there are different options to apply for the Golden Visa, it is worth mentioning that in most cases, investors choose to invest in a property in Spain with a value equal to or greater than €500,000. It is also possible if the investment consists of more than one property, as long as the amount is equal to or greater than €500,000

Procedure

Applications to the program must be made through the prescribed forms and must be accompanied by the appropriate fees and supporting documents. Residence permits are usually issued after a 20-day consideration period and have an initial duration of two years, renewable for five years upon request, provided that a minimum investment in Spain is maintained by the applicant

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The Application Process Comprises Two Stages

The residence permit applies to the main investor, spouse or partner (including unmarried or same-sex unions), and all economically dependent descendants and ascendants (of 65 y.o. or older)

There is no minimum stay requirement to maintain residence status but obtaining the first residence permit requires a visit to Spain

1

In the first stage, applicant applies from their home country for a Spanish residence visa that allows them to reside and work in Spain for one year

2

In the second stage, applicants come to Spain on an ordinary tourist visa and they may apply for the residence permit directly, thus omitting the first phase

Necessary documents :

  • Passport or other identity document
  • Health insurance (public or private) contracted with a company that operates in Spain
  • Criminal record
  • Visa application form
  • Evidence that justifies the possession of sufficient funds by the applicant and his family members during the stay in the country
  • Documents that certify the investment, such as property title deed, unlisted shares and own funds, listed shares, public debt, bank deposit, business project (depending on the route chosen)

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