UPDATE - THIS VISA IS CURRENTLY UNAVAILABLE IN SPAIN
The Spanish Golden Visa
If you have €500,000 or more to invest in Spain, the Golden Visa will most likely be the best option for you.
How do I get a Golden Visa?
Invest in property
The easiest way to obtain a Golden Visa is to invest €500,000 or more in property. This could be one villa, several apartments, commercial premises, or a combination. As long as your total property investment is €500,000 or more, you will qualify.
Invest in Spanish companies or government bonds
If you are not buying property, you can still get a golden visa by investing in the Spanish stock market or in government bonds. However, you will need deeper pockets as the minimum investment to obtain a Golden Visa following this route is €1 million.
What do I get with a Golden Visa?
- A one-year, renewable visa (you will have to periodically prove you still have the investment). After five years you will become permanent resident.
- The right to live and work in Spain. You can run a business or work as an employee without restrictions.
- The right to move freely around the Schengen area without being subject to the 90-day rule.
Application process
The application process is relatively straight forward. You must, of course, prove you have invested €500,000 in property or €1 million in Spanish shares or bonds. Processing time for these applications is generally quick.