Formalities
Visa for Investors
Spain offers an attractive option for foreign investors through the Investor Visa, commonly known as the 'Golden Visa.' This visa allows investors and their families to reside in Spain and move freely within the Schengen Area. Below is a detailed guide to the Investor Visa, including answers to common questions for those interested in this type of visa.
The Investor Visa is a residence permit that allows non-EU citizens to reside in Spain if they make a significant investment in the country. This visa is part of the Entrepreneurs Law, designed to attract foreign investment and promote economic development in Spain.
Several types of investments qualify for the Golden Visa:
- Investment in Real Estate: Acquisition of real estate in Spain with a minimum value of 500,000 euros.
- Equity Investment: Investment of at least 2 million euros in Spanish public debt, or 1 million euros in shares or equity in Spanish companies, or bank deposits in Spanish financial institutions.
- Business Projects: Investment in business projects considered to be of general interest, which may include job creation, significant socio-economic impact in the geographical area, or contributions to scientific and technological innovation.
To apply for the Golden Visa, the following general requirements must be met:
- Not be a citizen of the European Union.
- Be over 18 years of age.
- Not have a criminal record in Spain or in any countries where you have resided in the last 5 years.
- Have public or private health insurance valid in Spain.
- Have sufficient financial resources to support yourself and your family in Spain.
- Make the minimum required investment.
In addition, depending on the type of investment, specific documents must be presented to prove that the investment has been made.
- Preparation of documentation: Gather all the necessary documents, including your passport, criminal record, medical insurance, proof of funds, and documentation proving the investment made.
- Visa application: Submit the application at the corresponding Spanish consulate or at the Large Companies and Strategic Collectives Unit (UGE-CE).
- Resolution: The processing time is generally 20 working days from the complete submission of the required documentation.
- Collection of the visa: Once approved, the visa can be collected at the consulate where the application was submitted.
- Residence in Spain: Allows you to reside and work in Spain.
- Schengen Mobility: Freedom of movement within the Schengen Area countries for up to 90 days within a 180-day period.
- Includes the family: Possibility of including direct family members in the application (spouse and dependents).
- Easy renewal: The visa can be renewed every two years, as long as the investment is maintained.
For official and detailed information, you can visit the following links:
- Invest in Spain: General information about investing in Spain and the requirements for the Golden Visa. Invest in Spain
- Immigration Portal of the Ministry of Inclusion, Social Security, and Migration: Requirements, procedures, and legal regulations. Immigration Portal
- Consular Information: Requirements and validity of visas, available in Spanish and English. Consular Information
Can I work in Spain with the Golden Visa?
Yes, the Golden Visa allows you to reside and work in Spain.
Can I include my family in my application?
Yes, you can include your spouse and dependents (minor and adult children who are economically dependent).
What happens if I sell the property or withdraw the investment?
If you sell the property or withdraw the investment, you may lose the right to renew the Golden Visa. It is necessary to maintain the investment to keep residency status.
How long can I stay outside Spain without losing my visa?
You can stay outside Spain, but to renew your visa, you must prove that you have visited Spain at least once during your period of residence.
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